T-Cell Therapy Market Size, Analysis and Global Report to 2028

The T-cell therapy market is expected to grow from US$ 5.66 billion in 2021 to US$ 21.13 billion by 2028; it is expected to grow at a CAGR of 20.7% from 2022 to 2028.

T-cell therapy is a type of immunotherapy that utilizes specially altered T-cells to fight cancer. T-cell therapies are widely adopted in cancer treatment especially to treat blood cancers and is also approved for patients with relapsed or refractory acute lymphoblastic leukemia.

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MARKET DYNAMICS

The growth of the T-cell therapy market is majorly attributed to an increase in the number of cancer cases, especially lymphoma and leukemia cases; rise in the investments in adoptive T-cell transfer approaches of disease treatment; and an increase in relapsed or refractory cancer cases showing negative response to alternate treatments, such as chemotherapy and radiation therapy. In addition, the development of T-cell therapy for diffuse large B-cell lymphoma, acute lymphoblastic leukemia, multiple myeloma, chronic lymphocytic leukemia, follicular lymphoma (FL), mantle cell lymphoma (MCL), and other cancers or indications is boosting the market growth. Additionally, the companies are investing heavily in the research and development of T-cell therapy, whether it be used alone or in conjunction with other treatments. The market for T-cell therapy will grow in the coming years owing to the expansion of the landscape of clinical trials for various hematologic malignancies. However, high costs and inadequate reimbursement are hampering the growth of the market.

MARKET SCOPE

The "Global T-cell therapy market Analysis to 2028" report aims to provide an overview of the T-cell therapy market with detailed market segmentation based on modality, therapy type, and indication. The report provides key market statistics based on the performances of the leading players. It also offers key trends and opportunities in the market.

Segmentations:

The global T-cell therapy market is segmented on the basis of modality, therapy type, and indication. Based on modality, the market is bifurcated into research and commercial. Based on therapy type, the market is segmented into CAR T-cell Therapy, T cell receptor (TCR)-based, and tumor infiltrating lymphocytes (TIL)-based. Based on indication, the T-cell therapy market Is segmented into hematologic malignancies, solid tumors, and others.

Regional Analysis:

The global T-cell therapy market is segmented into five major regions-North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. The report covers analysis and forecast of 18 countries across the world along with trends and opportunities prevailing in the region. From the regional perspective, North America dominated the market with ~41% market share in 2021. The market growth in the region is majorly attributed to strong research and a significant number of clinical trials for T-cell therapies being carried out in the US. Additionally, increasing R&D expenditure and government funding and growing cancer cases are also driving the market growth in North America. The below figure shows the revenue growth trend in the global T-cell therapy market

IMPACT OF COVID-19 PANDEMIC

COVID-19 pandemic opportunities for market players to invest in T-cell therapies research for viral infection. The scientific community is actively engaged in finding the potential use of T-cell therapy to treat high-risk COVID-19 patients, resulting in increased adoption of T-cell therapeutics. Moreover, due to disruptions across the supply chain, several market players are preferring digital alternatives to manage the cell therapy supply chain, which is anticipated to bolster the market growth. Hence, the market experienced positive impact of the pandemic.

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