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Global CAR-T Therapy Treatment Market By Therapeutic Application (Leukemia, Pancreatic Cancer, Breast Cancer, Lung Cancer, Gastric Cancer and Others), Development Processes (Autologous CAR-T Cells, Allogeneic CAR-T Cells and Others), Structure (First Generation CAR-T Cells, Second Generation CAR-T Cells, Third Generation CAR-T Cells, Others), Drugs (Yescarta, Kymriah, Actemra and Others), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
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Market Analysis: Global CAR-T Therapy Treatment Market
Global CAR-T therapy treatment market is rising gradually with a substantial CAGR in the forecast period of 2019-2026. Growing prevalence of cancer worldwide where CAR-T cell therapies act as a dominant treatment and new launches of the product are the key factors for market growth.
Few of the major competitors currently working in the global CAR-T therapy treatment market are Novartis AG, Gilead Sciences, Inc, AbbVie Inc, Adaptimmune, Amgen Inc, Atara Biotherapeutics., Aurora Biopharma, Autolus, Bellicum Pharmaceuticals, Inc, BioAtla LLC. , bluebird bio, Inc, CELGENE CORPORATION, CARINA BIOTECH, CARsgen Therapeutics, Cartherics Pty ltd, Cellectis, Ziopharm Oncology, Inc, Xyphos, TrakCel , Tmunity Therapeutics, Tessa Therapeutics Ltd, TC BioPharm Limited, Sorrento Therapeutics, Inc and others.
Global CAR-T therapy treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Global CAR-T therapy treatment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Definition: Global CAR-T Therapy Treatment Market
Chimeric Antigen Receptor T (CAR-T) cell therapy is a type of immunotherapy treatment that utilizes patient’s T cells a part of immune system cell to fight against cancer. It is developed in the structured laboratory by collecting a sample of a patient’s T cells and modified in the laboratory to develop special structures called chimeric antigen receptors (CARs) on their surface when infused into patients, these cells get multiple and in turn boost a patient’s immune system.
According to the statistics published in The Global Cancer Observatory, Globocan 2018, it is estimated that the total incident population of Non-Hodgkin lymphoma and breast cancer worldwide were 509,590 and 2,088,849 respectively. This growing incidence of cancer globally and increase in deal between the companies are acts as market drivers.
- High prevalence of cancer worldwide where CAR-T cell therapies is dominant treatment is driving the growth of this market
- Strategic alliance between the companies to make available CAR-T cell therapies worldwide is also acting as a driver for the market
- Ongoing clinical trial is being conducted by many pharmaceuticals companies is propelling the market growth
- Application of latest technologies in the health care industry can also act as a market driver
- High cost involved in research and development for CAR-T cell therapies is restricting the growth for the market
- Scientific and major technical challenges for production of disease specific novel CAR-T cell therapies will hamper the market growth
- Lack of expertise and inadequate knowledge about CAR-T cell therapies in some developing countries
Key Developments in the Market:
- In February 2019, Gilead Sciences, Inc received approval in Canada for Yescarta (axicabtagene ciloleucel), Chimeric Antigen Receptor T (CAR T) cell therapy from the Health Canada for the treatment of relapsed or refractory large B-cell lymphoma in adult patients given after two or more lines of systemic therapy. The approval of Yescarta is set to change the treatment landscape for the patients suffering from non-Hodgkin lymphoma throughout the Canada
- In August 2018, Novartis AG received approval from European Commission for Kymriah (tisagenlecleucel), formerly known as CTL019 which is CAR-T cell therapy for the treatment of B-cell acute lymphoblastic leukemia in pediatric and young adult patients up to 25 years old. The approval of Kymriah addresses the significant unmet medical needs for patients and save the lives
Table of Contents-Snapshot
– Executive Summary
Chapter 1 Industry Overview
Chapter 2 Industry Competition by Manufacturers
Chapter 3 Industry Production Market Share by Regions
Chapter 4 Industry Consumption by Regions
Chapter 5 Industry Production, Revenue, Price Trend by Type
Chapter 6 Industry Analysis by Applications
Chapter 7 Company Profiles and Key Figures in Industry Business
Chapter 8 Industry Manufacturing Cost Analysis
Chapter 9 Marketing Channel, Distributors and Customers
Chapter 10 Market Dynamics
Chapter 11 Industry Forecast
Chapter 12 Research Findings and Conclusion
Chapter 13 Methodology and Data Source
Additional Pointers of the Report:
Given below are some of the added key points of the report:
- SWOT Analysis
- PEST Analysis
- Value Chain Analysis
- Market Attractiveness Analysis
- Porter’s Five Analysis
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Reasons to Purchase this Report
- Current and future of global CAR-T therapy treatment market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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