Press release
Global CAR-T Therapy Market: CAGR of 18.9% Projected between 2024 and 2025; Key Players and Trends Increasingly Influencing Growth
CAR-T Therapy Market Trends
What Is The Projected Market Size Of The Global CAR-T Therapy Market And Its Growth Rate?
• The market size of the global CAR-T Therapy has seen rapid expansion in recent years, growing from $2.53 billion in 2024 to an expected $3.01 billion in 2025 with a Compound Annual Growth Rate (CAGR) of 18.9%.
• This growth can be attributed to factors such as increases in healthcare expenditure, pharmaceutical Research and Development (R&D) expenditure, and advances in drug discovery.
• The market is projected for further growth, anticipating to reach $5.42 billion by 2029 with a CAGR of 15.9%.
What Is Driving The Growth In The CAR-T Therapy Market?
The CAR-T therapy market is experiencing growth due to rising financial support from various organizations for the development and consumption of CAR-T therapy. Government and non-government organizations provide financial aid to companies for research and development, facilitating the widespread adaption of CAR-T therapy among patients for the treatment of acute lymphoblastic leukemia (ALL). For instance, U.S. healthcare spending grew by 4.1% in 2022, reaching $4.5 trillion, and hospital care services spending grew by 2.2% amounting to $1.4 trillion. This financial backing boosts the development and growth of the CAR-T therapy market.
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Who Are the Key Players Driving CAR-T Therapy Market Growth?
• Gilead Sciences
• Novartis AG
• Biocon
• Gracell Biotechnology Ltd
• Aeon Therapeutics
• CARsgen Therapeutics
• Daiichi Sankyo
• Otsuka Pharmaceutical
• Ono Pharmaceutical
• Takeda Pharmaceutical Company
• Astellas Pharma
• Innovative Cellular Therapeutics
• Cellular Biomedicine Group
• PersonGen Biomedicine
• Hebei Senlang Biotech
• Adaptimmune(UK)
• Autolus Therapeutics
• BioNTech
• Cellectis
• Celyad
• Crescendo Biologics
• GammaDelta Therapeutics
• Immatics
• Biocad
• Celgene Corporation
• Johnson & Johnson
• F. Hoffmann-La Roche Ltd
• Eli Lilly and Company
• Amgen
• AstraZeneca
• Bayer AG
• Merck
• Pfizer
• Juno Therapeutics
• Allogene Therapeutics
• Regen BioPharma
• OncoSec Medical Incorporated
• Precision BioSciences
• Bellicum
• Sandoz AG
• GlaxoSmithKline plc
What Are The Key Trends In The CAR-T Therapy Market?
• Investment in R&D for creating remodeled CAR-T therapy to avoid neurological side effects
• Creation of off-the-shelf allogeneic CAR-T therapy for advanced cancer treatment
• Manufacturing next-generation CAR-T cells for improved treatment of high-grade glioma
• Investment in AI and machine learning solutions to optimize future CAR-T therapy
• Collaboration and acquisitions to expand CAR-T therapy portfolio
• Continued investment in the effectiveness of CAR-T Therapy
What Are The Segments Of The Global CAR-T Therapy Market?
• Type: Monotherapy, Combination Therapy
• Target Antigen: CD19, CD22, BCMA, Other Target Antigens
• Application: Acute Lymphoblastic Leukemia, Diffuse Large B-Cell Lymphoma, Follicular Lymphoma, Chronic Lymphocytic Leukemia, Multiple Myeloma, Other Applications
Which Region Leads The CAR-T Therapy Market?
North America held the largest share of the CAR-T therapy market in 2024, with Western Europe following as the second-largest region. The other regions covered in the CAR-T Therapy market report include Asia-Pacific, Eastern Europe, South America, the Middle East, and Africa.
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What Is Covered In The CAR-T Therapy Market Global Market Report?
- Market Size Analysis: Analyze the CAR-T Therapy Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the CAR-T Therapy Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall CAR-T Therapy Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the CAR-T Therapy Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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