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CAR T Cell Therapy Market Trends, Size, Forecast - 2019-2025

08-13-2020 01:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

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The global CAR T cell therapy market is estimated to grow at a CAGR of nearly 48% during the forecast period. The major factors contributing to the growth of the market include a significant prevalence of cancer across the globe and rising FDA approvals for cell and gene therapy. As per the World Health Organization (WHO), the global cancer burden is estimated to have risen to 18.1 million new cases and 9.6 million deaths in 2018. There were 43.8 million persons living with cancer in 2018 who were diagnosed within the last 5 years. This rising prevalence of cancer is attributing to the development of CAR T cell therapy. It is a form of immunotherapy that utilizes specially altered T cells, a part of the immune system to attack cancer.

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There are currently two CAR T cell therapies approved for the treatment of cancer, which includes Yescarta and Kymriah. Yescarta was approved by the US FDA in October 2017, for the treatment of diffuse large B-cell lymphoma (DLBCL). Kymriah was approved by the US FDA in May 2018, for the treatment of adults with certain kinds of non-Hodgkin lymphoma. Kymriah is also approved for the treatment of children and young adults with leukemia. In clinical trials, more than 80% of young adults and children treated with Kymriah achieved cancer remission.

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Global CAR T Cell Therapy Market Segmentation

By Application
• Non-Hodgkin Lymphoma
• Acute Lymphocytic Leukemia
• Others (Multiple Myeloma, Hodgkin Lymphoma, and Breast Cancer)

By Target Antigen
• CD19
• CD22
• Others (CD123, CD33, and BCMA)

Regional Analysis

• North America
o United States
o Canada

• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe

• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific

• Rest of the World

Company Profiles
• Amgen Inc.
• Autolus Therapeutics plc
• bluebird bio, Inc.
• Bristol-Myers Squibb Co.
• CARsgen Therapeutics Co., Ltd.
• Cellectis SA
• Celyad SA
• Gilead Sciences, Inc.
• Intellia Therapeutics, Inc.
• Janssen Global Services, LLC (a Subsidiary of Johnson & Johnson)

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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Contact no: +91 780-304-0404

About us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting, and other research-based services.

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