CAR-T Cell Therapy Market Research, Recent Trends And Growth Forecast 2026: Bluebird Bio (US), Celgene Corporation (US), Gilead Sciences, Inc. (US), Cellectis (France), Servier Laboratories (France), Pfizer Inc. (US), Mereck KGaA (Germany), Amgen Inc. (US

CAR-T Cell Therapy Market report provides a thoroughly researched abstract of the key players with considerable shareholdings at a global level regarding demand, sales, and income by providing better products and services. Research Report outlines a forecast for the CAR-T Cell Therapy market between 2020 and 2026. In terms of value, the CAR-T Cell Therapy industry is expected to register a steady CAGR during the forecast period.

According to the analysis by Polaris Market Research, the potential of the market is ~ $9 billion by 2026, with major focus on Diffuse Large B-Cell Lymphoma (DLBCL) indication in 2020-21. However, it is expected that the market would also start focusing on Multiple Myeloma (MM) indication and the market for the same is expected to grow at a compounded annual growth rate of more than 80% from 2020 to 2026.

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The key players covered in this study
o Pfizer Inc
o Bluebird Bio
o Celgene Corporation
o Gilead Sciences
o Cellectis
o Servier Laboratories
o Mereck KGaA
o Amgen Inc
o Intellia Therapeutics
o Novartis International AG
o Caribou Biosciences, Inc
o Celyad
o Bellicum Pharmaceuticals
o Noile-Immune Biotech
o Nanjing Legend Biotechnology Co
o Johnson & Johnson
o Sangamo Therapeutics, Inc

Market segment by Type, the product can be split into
o CD 19
o CD 20
o GD2
o CD22
o CD30
o CD33
o HER1
o HER2
o Meso
o EGFRvlll

Market segment by Application, split into
o Healthcare
o Others

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It is estimated that U.S. is one of the major markets for CAR-T Cell Therapy due to continuous R&D happening in this region also backed by ongoing regulatory approvals of the new therapies. Along with the new therapy developments, companies are also focusing on establishing centers for cancer awareness and how this novel therapy would help in cancer treatment. This would help the market to grow in this region. The European region is also expected to closely follow by U.S. wherein European Medicine Agencies (EMA) have approved Kymriah and Yescarta which is expected to push the market for further growth in this region. However, the market for Asia Pacific is at its early stages wherein Ministry of Health, Labor and Welfare (MHLW) of Japan is the first regulatory authority to approve Kymriah in APAC.

It can be seen that the business scenario of the market is dynamic and major companies are competing with each other to increase their market share in the major geographies of U.S. and Europe. For example, Novartis and Gilead came-up with 33 and 28 authorized centers respectively in U.S. Some of the major companies in this space such as Celgene are expected to file for FDA approvals for two more CAR-Ts lisocabtagene maraleucel in lymphoma and bb2121 (idecabtagene vicleucel) in myeloma.

Along with opening new centers and acquiring necessary government approvals, the companies are also focusing on partnerships, acquisitions and mergers. For instance, Celgene acquired Juno Therapeutics in November 2020 for approximately $9 billion in 2020 and further Bristol-Myers Squibb completed its acquisition of Celgene in November 2019.

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