The Global CAR T Cell Therapy Market is expected to register a CAGR of 58.52% during the forecast period, with a market value of USD 346.75 Million in 2018.
Regional Analysis – CAR T Cell Therapy Market
The global CAR T cell therapy market, based on region, is divided into the US, Europe, China, and the rest of the world.
The US is expected to hold the largest share of the global CAR T cell therapy market. This is owing to the increasing cases of cancer in the country. Europe showed a considerable amount of growth in the market due to an increase in the occurrences of hematologic cancer such as leukemia, lymphoma, and multiple myeloma. Europe held a market share of 9.15% in the global CAR T cell therapy market. China is estimated to significantly grow in the global market due to the developing healthcare infrastructure and increasing disposable income. Also, the market in the Middle East & Africa is expected to show the least growth owing to limited healthcare access and affordability among the population.
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CAR T Cell Therapy Market – Sketch
Chimeric Antigen Receptor (CAR) T Cell Therapy is an immunotherapy used for cancer treatment. In this therapy, T cells from patient body are isolated and inserted in the CAR gene so that the gene for the specific receptor binds to a certain protein on the patient’s cancer cells.
Growing prevalence of cancer across the world, technological advancement for advanced & reliable treatment for cancer, and rise in the number of cell therapy clinical studies are driving the growth of the global CAR T Cell Therapy market. According to the National Cancer Institute, it is estimated that 1,735,350 new cases of cancer were diagnosed, and 609,640 deaths were reported in the US in 2018. Moreover, the growing pharmaceutical industry is also expected to boost market growth.
Key Players – CAR T Cell Therapy Market
Market Research Future (MRFR) recognizes the following companies as the key players in CAR T Cell Therapy Market: There are plenty of large and small market players which operate in this market all over the globe.
Market Research Future (MRFR) recognizes the following companies as key players in the global CAR T Cell therapy market that include Novartis AG (Switzerland), Pfizer, Inc. (US), Kite Pharma (US), Cellectis (France), Autolus Therapeutics PLC (UK), CARsgen Therapeutics (China), Juno Therapeutics (US), Sorrento Therapeutics (US), Legend Biotech (US), Mustang Bio (US), and others.
Segments – CAR T Cell Therapy Market
The global CAR T cell therapy market, by target antigen, has been segmented into CD19, CD22, and others. The CD19 target antigen segment accounted for a value of USD 342.56 million in 2018. On the basis of application, the global CAR T cell therapy market is segmented into acute lymphoblastic leukemia, diffuse large B-cell lymphoma, and others.
Key Questions Answered In This Report:
What will the market size and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
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LIST OF TABLES
TABLE 1 PRIMARY INTERVIEWS 16
TABLE 2 CLINICAL TRIALS OVERVIEW 28
TABLE 3 GLOBAL CAR T CELL THERAPY MARKET BY TARGET ANTIGEN, 2017-2025 (USD MILLION) 37
TABLE 4 GLOBAL CAR T CELL THERAPY MARKET FOR CD19, BY REGION, 2017-2025 (USD MILLION) 37
TABLE 5 GLOBAL CAR T CELL THERAPY MARKET FOR CD22, BY REGION, 2017-2025 (USD MILLION) 38
TABLE 6 GLOBAL CAR T CELL THERAPY MARKET BY APPLICATION, 2017-2025 (USD MILLION) 40
LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 11
FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL CAR T CELL THERAPY MARKET 12
FIGURE 3 GLOBAL CAR T CELL THERAPY MARKET SHARE, BY TARGET ANTIGEN, 2018 (%) 12
FIGURE 4 GLOBAL CAR T CELL THERAPY MARKET BY TARGET ANTIGEN, 2017–2025 (USD MILLION) 13
FIGURE 5 GLOBAL CAR T CELL THERAPY MARKET SHARE, BY APPLICATION, 2018 (%) 13
FIGURE 6 GLOBAL CAR T CELL THERAPY MARKET BY APPLICATION, 2017–2025 (USD MILLION) 14
FIGURE 7 GLOBAL CAR T CELL THERAPY MARKET: MARKET STRUCTURE 15
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