DUBLIN, July 6, 2023 /PRNewswire/ — The “CAR-T Cell Therapy Market Share, Size, Trends, Industry Analysis Report, By Target Antigen, By Indication, By Region, Segment Forecast, 2023-2032” report has been added to ResearchAndMarkets.com’s offering.
The global CAR-T cell therapy market size is expected to reach USD 118,680.68 million by 2032, according to a new study. This report gives a detailed insight into current market dynamics and provides analysis on future market growth.
The CAR-T cell therapy market is experiencing significant growth as it utilizes the immune system to combat cancer. This groundbreaking approach involves modifying a patient’s own T cells, a type of white blood cell, to express chimeric antigen receptors (CARs) on their surface. These CARs enable the T cells to recognize and target specific antigens in cancer cells, leading to their destruction. CAR-T therapy has shown promising results in treating specific blood malignancies and is being explored for its potential in other types of cancer.
In CAR-T treatment, T cells from the patient’s blood are taken out and genetically modified in a lab to produce receptors that bind to proteins prevalent in cancer cells. Large quantities of these modified CAR-T cells are then produced and administered to the patient. By enhancing the T cells’ ability to locate and attack cancer cells, CAR-T therapy has the potential to revolutionize cancer treatment.
However, the COVID-19 pandemic has impacted the CAR-T cell therapy market. Lockdowns and disruptions in the supply chain have resulted in delays and interruptions in the production and availability of raw materials needed for CAR-T cell manufacturing.
This has created challenges for life science and biopharma companies, causing them to wait for new raw materials for CAR-T cell production. Efforts are underway to address these supply chain issues and ensure a steady supply of materials to support the manufacturing of CAR-T cells during these challenging times.
Companies Mentioned
- Amgen Inc. (US)
- Bellicum Pharmaceuticals Inc. (US)
- Bluebird Bio (US)
- Caribou Biosciences Inc. (US)
- Celgene Corporation
- Cellectis
- Celyad
- Gilead Sciences Inc.
- Intellia Therapeutics
- Johnson & Johnson
- Merck KGaA
- Nanjing Legend Biotechnology Co. Ltd.
- Noile-Immune Biotech
- Novartis International AG
- Pfizer Inc.
- Sangamo Therapeutics Inc.
- Servier Laboratories
CAR-T Cell Therapy Market Report Highlights
- CD19/CD22 is the CAR-T cell therapy with the largest market share. It has shown remarkable clinical results in leukemia and lymphoma treatment, gaining regulatory approval and proving effective in achieving patient remission.
- DLBCL (Diffuse Large B-cell Lymphoma) is a prominent indication in the CAR-T cell therapy market, holding a significant market share. This fast-growing cancer of B-cell origin is a prevalent form of non-Hodgkin lymphoma affecting the lymphatic system.
- North America is set to lead the market, driven by rising cancer incidence and the growing biotechnology industry. The region’s demand for cancer treatments is increasing accordingly.
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Research Methodology
4. Global CAR-T Cell Therapy Market Insights
4.1. CAR-T Cell Therapy Market – Industry Snapshot
4.2. CAR-T Cell Therapy Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Rise in awareness regarding CAR T-cell therapy
4.2.1.2. Increase in demand of ideal therapeutics for treatment of cancer
4.2.2. Restraints and Challenges
4.2.2.1. High cost of CAR T-cell therapies
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. CAR-T Cell Therapy Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global CAR-T Cell Therapy Market, by Target Antigen
6. Global CAR-T Cell Therapy Market, by Indication
7. Global CAR-T Cell Therapy Market, by Geography
8. Competitive Landscape
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/os9355
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