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Cart Cell Therapy Market is slated to grow rapidly in the coming years at a Booming CAGR of 18.4% | Prominent Players: Novartis AG, Kite Pharma, Mustang Bio, Sorrento Therapeutics, CARsgen Therapeutics, Autolus Therapeutics, Pfizer Inc., Cellectis

06-12-2020 04:52 PM CET | Health & Medicine

Press release from: QUINCE MARKET INSIGHTS

Cart Cell Therapy Market

Cart Cell Therapy Market

Global Cart Cell Therapy Market Valued USD 782.1 million in 2018, expanding at a CAGR of a CAGR of 18.4% over the forecast period. Rising incidence of chronic conditions, like cancer and diabetes, is creating the necessity for efficient medication delivery, thereby driving the expansion. Consistent with Cancer Research U.K., cancer leads to the very best number of deaths globally, which has raised the clinical urgency to adopt advanced alternatives, like capnography devices. Consistent with the American Cancer Society, in 2018, almost 1.7 million new cancer cases were registered within the U.S. while almost 0.6 million people died thanks to cancer.

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Consequentially, increasing adoption of capnography in anesthesia administration in target applications, like monitoring patients undergoing procedural sedation, intubated patients during patient transfer in hospitals, and in patient-controlled analgesia, is presumed to spice up the merchandise demand over the forecast period. Additionally, rising application surgical procedures, like hypoventilation, catheter placement, and esophageal intubation is anticipated to further drive the expansion.

The report provides information on the current scenario, detailed outlook on the global Cart Cell Therapy market with thorough analysis of different segments which comprises of By Target Antigen (CD19, CD22 and Others), Application (Acute Lymphoblastic Leukemia, Diffuse Large B-Cell Lymphoma and Others), End User (Hospital, Pharmaceuticals, Clinic and Others)

Major Companies profiled in the report which are key players in the global Cart Cell Therapy market are Novartis AG, Kite Pharma, Mustang Bio, Sorrento Therapeutics, CARsgen Therapeutics, Autolus Therapeutics, Pfizer Inc., Cellectis, Legend Biotech, Bellicum Pharmaceuticals and others.

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Recent trends of collaborations of local and global companies and the growing support of government and healthcare agencies are expected to have a synergistic effect on market growth. Such collaboration and exchange of technologies help in speeding up the development and boost the market competition.

Regional Analysis
North America holds leads the global cart cell therapy market due to favorable government policies for the prevention of disease and HCIT adoption, raising prevalence of chronic diseases, increasing funding for population health management, and the presence of well-developed healthcare infrastructure.

For Instance, in 2010, the U.S. government implemented the Patient Protection and Affordable Care Act which encourages a high quality of care and reduces costs. The act has encouraged the creation of Accountable Care Organizations (ACOs), including the Medicare Shared Savings Program (MSSP). Also, In Canada, The implementation of the population health commitment by the Canadian government, and increasing prevalence of chronic diseases in the country. In Europe, According to a report carried out by the Organization for Economic Co-operation and Development (OECD), in the year 2017, the average per head expenditure on healthcare in Europe was USD 4077.

Asia Pacific is predicted to witness the fastest growth rate in the global Cart Cell Therapy market due to several factors, such as the rapid development of health infrastructure, the potentially large patient pool coupled with increasing healthcare spending. In this region, the healthcare system focuses majorly on reducing treatment costs and increasing patient awareness.
The growing investment by industry players through the development of new manufacturing units in the region and rising expenditure also contribute to market growth in the Asia Pacific
Other regions including Middle East, Eastern Europe, and Rest of the World (South America and Africa) are estimated to be emerging markets for Cart Cell Therapy during the forecast period.

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An Overview of the report
1. The report offers insights on the global revenue of the Cart Cell Therapy market
2. The recent market developments are scrutinized to project latest trends along with growth rate projections
3. Deeper understanding of the competitive landscape of the major companies operating in the market
4. New Opportunities and challenges for the global Cart Cell Therapy market
5. Study of innovation and technological advancements in the industry

Analysts have undertaken research based on in-depth understanding of the market with qualitative and quantitative data. The market has been segmented into various segments such as product and room type along with regional analysis. The segments and sub-segments offer insights on current and potential growth trajectories.

Market Segmentation:

By Target Antigen
• CD19
• CD22
• Others

By Application
• Acute Lymphoblastic Leukemia
• Diffuse Large B-Cell Lymphoma
• Others

By End User
• Pharmaceuticals Companies
• Hospital
• Clinic
• Other

By Region:
North America
o By Country (US, Canada, Mexico)
o By Target Antigen
o By Application
o By End User

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Target Antigen
o By Application
o By End User

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Target Antigen
o By Application
o By End User

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Target Antigen
o By Application
o By End User

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Target Antigen
o By Application
o By End User

Rest of the World
o By Region (South America, Africa)
o By Target Antigen
o By Application
o By End User

Customization:
• We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country

Contact:
Quince Market Insights
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com

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