Press release
CAR T-Cell Therapy Market Size is Expected to Reach a Value of US$ 11.49 Billion by 2034: Fact.MR Report
The market for CAR T-cell treatment is expected to grow at an astounding 17.7% CAGR from 2024 to 2034, with a projected valuation of US$ 2.25 million in 2024.Increased leukemia incidence, a surge in research and development to generate novel CAR T-cell therapy, and CAR T-cell therapy's better efficacy over other conventional cancer treatments are the main factors driving the market growth for CAR T-cell therapy.
๐๐๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=9785
CAR T-cell therapy is a breakthrough approach in the field of cancer treatment. This method of immunotherapy uses the patient's own cells to attack cancer. The remarkable success of CAR T-cell therapy in treating several hematologic malignancies, including certain forms of leukemia and lymphoma, has highlighted the treatment's potential as a game-changing option for patients who have not responded to conventional treatments.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ
It is projected that the CAR T-cell treatment market will be worth US$ 2.25 billion by 2024.
From 2024 to 2034, the demand for Car T-cell treatment is expected to grow at a CAGR of 17.7%.
The market is expected to reach US$ 11.49 billion by the end of 2034.
In 2024, North America is projected to hold a 65.7% market share.
From 2024 to 2034, the demand for Yescarta (axicabtagene ciloleucel) is anticipated to grow at a CAGR of 17.4%.
Through 2034, the North American market is expected to grow at a CAGR of 16.5%.
The Western European market is expected to grow at a CAGR of 18.7% between 2024 and 2034.
"Chimeric antigen receptor-expressing (CAR) T-cells are engineered from donors or patients to express a specific tumor antigen. Increased research and development in CAR T-cell therapy, along with an increase in cancer incidence, are expected to have an impact on market growth until 2034. A Fact.MR analyst states, "CAR T-cell therapies hold great promise as a novel approach to cancer treatment that harnesses the immune system to combat illness."
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ
Autolus Therapeutics
2Seventy Bio, Inc.
Bristol-Myers Squibb
Pfizer
Gilead Sciences
Intellia Therapeutics
Caribou Biosciences, Inc.
Cartesian Therapeutics, Inc.
Novartis AG
๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฎ๐ค๐๐ฆ๐ข๐ ๐๐๐ฌ๐๐ฌ ๐๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ ๐ ๐ฎ๐๐ฅ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ ๐-๐๐๐ฅ๐ฅ ๐๐ก๐๐ซ๐๐ฉ๐ฒ
The market for CAR T-cell treatment is being driven in part by the increasing incidence of leukemia. Leukemia is characterized by the uncontrolled proliferation of abnormal white blood cells, and cases of this disease have increased recently.
According to the American Cancer Society, there were roughly 60,650 new cases of leukemia discovered in the US in 2022.
This increase may have multiple causes, such as alterations in lifestyle, environmental exposures, and genetic predispositions. CAR T-cell therapy is one cutting-edge immunotherapy that has grown in favor as a potential leukemia treatment. This therapy approach enhances cancer cell identification and elimination by changing the patient's own T cells.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=9785
๐๐จ๐ซ๐ ๐๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ง ๐๐๐๐๐ซ
True, With its latest product, MR offers a dispassionate evaluation of the CAR T-cell treatment business covering the years 2018 through 2023 as well as projections for 2024 through 2034.
In six major regions of the world-North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA-the study provides crucial insights into the market based on product (Yescarta [axicabtagene ciloleucel], Kymriah [tisagenlecleucel], JCAR017 [lisocabtagene maraleucel], bb2121), indication (relapsed large B-cell lymphoma, acute lymphoblastic leukemia [ALL], multiple myeloma), and end user (hospitals, cancer treatment centers).
๐๐จ๐ง๐ญ๐๐๐ญ:
US Sales Office
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Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
๐๐๐จ๐ฎ๐ญ ๐ ๐๐๐ญ.๐๐
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