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Tumor Infiltrating Lymphocytes Market Insights, Share Analysis, Top Companies, Key Drivers And Forecast To 2032
Tumor Infiltrating Lymphocytes Market Analysis
The Business Research Company's Tumor Infiltrating Lymphocytes Global Market Report 2023 identifies rising number of cancer patients as the major driver for the tumor infiltrating lymphocytes market's growth in the forecast period. Cancer is a condition in which some cells in the body develop uncontrollably and spread to other regions of the body, leading to a range of health issues, some of which can be fatal. Tumor-infiltrating lymphocytes are a type of immune cell that can detect and destroy cancer cells. Tumor-infiltrating lymphocytes are extracted from a patient's tumor and grown externally in massive numbers in a laboratory before being infused back into the patient to assist the immune system in killing the cancer cells.
The global tumor infiltrating lymphocytes market size is expected to grow from $8.12 billion in 2022 to $9.31 billion in 2023 at a compound annual growth rate (CAGR) of 14.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global tumor infiltrating lymphocytes market size is expected to grow to $15.56 billion in 2027 at a CAGR of 13.7%.
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Major competitors in the tumor infiltrating lymphocytes market are Bellicum Pharmaceuticals Inc., Novartis AG, Pfizer Inc., Precision BioScience Inc., Bluebird Bio Inc., TCR2 Therapeutics Inc.
A key trend in the tumor infiltrating lymphocytes market includes technological advancement . Major companies operating in the tumor-infiltrating lymphocytes market are focused on developing technologically advanced solutions to strengthen their position in the market. For instance, in May 2022, Obsidian Therapeutics Inc., a US-based biotechnology firm that develops engineered tumor-infiltrating lymphocytes (TIL cells) and gene treatments, announced the release of cytoDRIVE technology. The new technology's data shows how to precisely regulate the time and level of protein activity using FDA-approved small chemicals. Using powerful cytokines like IL12 to support cell treatments, is a potential technique for treating solid cancers. The findings show that numerous cytokines, including IL12, IL23, IL2, and IFN, may be regulated robustly and reversibly, possibly allowing for their safe usage in adoptive cell therapy applications.
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The tumor infiltrating lymphocytes market is segmented -
1) By Anatomy: CD3, CD8, CD16, CD56, CD4, CD57, CD169, CD68, FOXP3
2) By Component: T-Cells, B-Cells, Natural Killer Cells
3) By Application: Melanoma, Cervical Cancer, Ovarian Cancer, Other Applications
4) By End-User: Hospitals, Cancer Research Centers, Clinics
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the tumor infiltrating lymphocytes market.
The Business Research Company's "Global Tumor Infiltrating Lymphocytes Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Tumor Infiltrating Lymphocytes Market Include:
1. Executive Summary
2. Tumor Infiltrating Lymphocytes Market Characteristics
3. Tumor Infiltrating Lymphocytes Market Trends And Strategies
4. Tumor Infiltrating Lymphocytes Market - Macro Economic Scenario
5. Tumor Infiltrating Lymphocytes Market Size And Growth
………
26. Africa Tumor Infiltrating Lymphocytes Market
27. Tumor Infiltrating Lymphocytes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Tumor Infiltrating Lymphocytes Market
29. Tumor Infiltrating Lymphocytes Market Future Outlook and Potential Analysis
30. Appendix
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