CAR T Cell Therapy Market size (sales, revenue) Industry Forecast by Regions, Countries and Top Players from 2018 to 2026 | Novartis International AG, Kite Pharma, Inc. (Gilead Sciences, Inc.), Juno Therapeutics (Celgene Corporation), Bluebird Bio, Inc. (
This report focuses on Global CAR T Cell Therapy Market trends, future forecasts, growth opportunities, key end-user industries, and market players. The purpose of the study are to present the key developments of the market across the globe.
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CAR-T cell therapy is a novel immunotherapy that helps to treat various types of cancers. CAR-T cells are genetically engineered cell receptors that are attached to the T-cells of the cancer patients and infused through the blood stream that activates immune system to kill the cancer causing cells in the body. The T-cells injected into the patient’s body aids in reducing the risk of recurrence of tumor and thus, acts as a cure treatment for patients suffering with blood cancer. The CAR-T cell therapy is a solution to overcome the disease progression, identify the cancer causing cells, and kill them using body’s own immune system and defense mechanism.
Segmentation: The report has been separated into separate categories, such as product type, application, end-user, and region. Each segment is evaluated based on the CAGR, share and growth potential. In the regional analysis, the report highlights the prospective region, which should generate opportunities in the global CAR T Cell Therapy market in the years to come. This segmented analysis will surely prove to be a useful tool for readers, stakeholders and market participants to get a full picture of the CAR T Cell Therapy global market and its growth potential in the years to come.
CAR-T cell therapy is expected to be an important development in cancer treatment and therapeutics industry due to its cost efficiency. Moreover, rising incidence of cancer is leading to high demand for its treatment. According to the World Cancer Research Fund International (WCRFI), around 14.1 million cancer cases were reported worldwide, in 2012. As per WCRFI, it is projected that by 2035, around 24 million cancer cases would be observed worldwide. Moreover, introduction of new therapies into the market is further expected to bolster growth of CAR-T cell therapy market. For instance, in October 2017, the U.S. Food and Drug Administration granted marketing approval to Yescarta (axicabtagene ciloleucel), a cell-based gene therapy, to treat adult patients with certain types of large B-cell lymphoma. However, risks of side effects resulting in various neurological disorders is expected to hinder growth of the global CAR-T cell therapy market.
Scope of the CAR T Cell Therapy Market Report:
The market was valued at US$ XX million in 2020 is predicted to increase at a CAGR of around xx% during the forecast period to reach US$ xx million by 2026, according to the study.
This report targets on the CAR T Cell Therapy market, especially in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. This report classifies the market based on regions, types, and applications.
Country-level Break-up includes:
North America (the United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic and Others)
Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa and Others)
Increasing incidence of cancer and rising number of patients showing response failure to alternative treatments is expected to foster growth of the global CAR-T cell therapy market. Rising number of adults and children developing cancer is expected to lead to high demand for an effective and reliable therapeutic treatment approach for improvement of quality of patient’s lives. The Cancer Research UK reported that over 14.1 million cancer cases occurred in 2012 across the world. Moreover, according to the Leukemia and Lymphoma Society of Canada, around 22,340 people in Canada were diagnosed with some form of blood cancer, of which 9,000 cases were lymphoma.
The research study can answer the following Key questions:
What will be the progress rate of the CAR T Cell Therapy Market for the conjecture period, 2020-2027?
What are the prominent factors driving the CAR T Cell Therapy Market across different regions?
Who are the major vendors dominating the CAR T Cell Therapy industry and what are their winning strategies?
What are the challenges faced by the CAR T Cell Therapy Market?
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Years Considered to Estimate the Market Size:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2020-2026
Some of the Major Highlights of TOC Covers:
Chapter 1: Executive Summary
Chapter 2: Methodology & Scope
Definition and Forecast Parameters
Methodology and Forecast Parameters
Chapter 3: Market Insights
Chapter 4: Company Profiles
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