T-cell therapy Market 2022 Leading Competitors, Regional Trends and Growth 2030

The market crossed the US$ 6.27 billion mark in 2022 and is expected to hit US$ 27.51 billion by 2030, recording a CAGR of 20.3% during the forecast period.

The Business Market Insights provides you regional research analysis on "T-cell therapy Market" and forecast to 2030. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the T-cell therapy market during the forecast period, i.e., 2022-2030.

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The surge in demand for ideal therapeutics for cancer treatment, increase in cancer incidence, and favorable reimbursement policies in some countries are some of the major factors driving the market's growth. According to the World Health Organization (WHO), cancer was the leading cause of major deaths worldwide in 2020, accounting for nearly 10 million deaths, or nearly one in six deaths. Furthermore, according to the same source, it is also reported that approximately 400,000 children develop cancer each year. Thus, the high incidence of cancer cases indicates the surge in demand for T-cell therapy, complementing the T-cell therapy market's growth during the forecast period.

Major key players covered in this report:

• Novartis AG
• Caribou Biosciences, Inc.
• Pfizer, Inc.
• Sorrento Therapeutics, Inc.
• Merck KGaA
• Celgene Corporation
• Gilead Sciences Inc.
• TCR? Therapeutics
• Bristol Myers Squibb
• Cartesian Therapeutics, Inc.

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the T-cell therapy market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the
T-cell therapy market segments and regions.

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T-cell therapy market segmentation:

Modality:

• Research
• Commercial
• Therapy Type
• CAR T-cell Therapy
• T Cell Receptor-based Therapy
• Tumor-Infiltrating Lymphocytes-based Therapy

Indication:

• Hematologic Malignancies
• Solid Tumors
• Others

The research on the T-cell therapy market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor's methodologies. The research also segments the T-cell therapy market on the basis of end user, product type, application, and demography for the forecast period 2022-2030. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the T-cell therapy market

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This release was published on openPR.