CAR T-Cell Therapy Market is Projected to Grow at the CAGR of 44.79% during the Forecast Period from 2020-2030.
According to BIS Research, CAR T-cell are genetically engineered to produce special structures called chimeric antigen receptors (CARs) for use in CAR T-cell therapy or immunotherapy. These especially altered T-cells specifically target cancer cells. CAR T-cell therapies are used predominantly in the treatment of different hematologic malignancies, such as diffuse large B-cell lymphoma (DLBCL), acute lymphoblastic leukemia (ALL), multiple myeloma (MM), chronic lymphocytic leukemia (CLL), follicular lymphoma (FL), and mantle cell lymphoma (MCL).
The scope of the of global CAR T-cell therapy market includes T-cell
immunotherapies (focusing particularly on CAR T-cell therapies) that are used
for the treatment of different hematologic malignancies and other
cancer-related disorders.
The global market for CAR T-cell therapy is predicted to grow at a CAGR of 44.79% over the forecast period 2020-2030. The market is driven by certain factors, which include increasing global geriatric population, increasing number of lymphoma and leukemia cases, rising number of relapsed or refractory cancer cases showing response failure to alternative treatments such as chemotherapy and radiation therapy, focus on research and development of novel immunotherapies, and strong product pipeline of global CAR T-cell therapy.
The global CAR T-cell therapy market has been segmented on the basis
of therapy application into diffuse large B-cell lymphoma (DLBCL), acute
lymphoblastic leukemia (ALL), multiple myeloma (MM), chronic lymphocytic
leukemia (CLL), follicular lymphoma (FL), mantle cell lymphoma (MCL), and other
cancers or indications (myasthenia gravis, myelodysplastic syndromes, organ
rejection, autoimmune Diseases, etc.).
The research study titled Global CAR T-Cell Therapy Market is
focused on understanding the key trends of the CAR T-cell therapy market across
the globe. The research study demonstrates the clinical trial landscape of the
global CAR T-cell therapy market, the competitive landscape of the market, and
the market dynamics, along with the regulatory framework affecting the market
growth. The study also presents an in-depth analysis of the drivers,
restraints, and opportunities of the market playing a significant role in major
countries of North America, Europe, Asia-Pacific, and Rest-of-the-World.
The competitive landscape chapter represents the key developments of
the market in the last five years since 2015 and provides an overview of the
share of different companies adopting various competitive strategies, including
both organic and inorganic growth strategies. The chapter further provides
market share analysis that demonstrates the share of each key company for the
base year 2019.
The report is segmented by application, target antigen, and region,
each thoroughly represented in three different chapters. Each chapter provides
a clear understanding of the products existing in the global CAR T-cell therapy
market.
Key Questions Answered in this Report:
• What is a CAR T-cell?
• How are CAR T-cells developed?
• What are the various indications targeted using CAR T-cell therapies?
• What are the various CAR T-cell therapies available in the market?
• What are the emerging CAR T-cell therapies for the treatment of hematologic cancers?
• How does the pipeline for the global CAR T-cell therapy market look like?
• What is the current market size and future potential of these CAR T-cell therapies?
• What are the major market drivers, challenges, and opportunities in the global CAR T-cell therapy market?
• What is the mechanism of action of various CAR T-cell therapies available in the market?
• What mechanisms of action and molecules are being trialed the most in pipeline products?
• What are the target antigens in CAR T-cell therapy?
• How does the clinical trial landscape look for the global CAR T-cell therapy market?
• What is the patent landscape of this market? What will be the impact of patent expiry on this market?
• What is the price structure of CAR T-cell products?
• What is the total cost of treating a patient with CAR T-cell therapy?
• What will be the impact of COVID-19 on this market?
• What are the guidelines implemented by different government bodies to regulate the approval of CAR T-cell therapy?
• What are the reimbursement scenario and regulatory structure for CAR T-cell therapy?
• What are the challenges faced by manufacturers in CAR T-cell therapy development?
• What are the key technological developments on which the current industry leaders are spending a major share of their research and development (R&D) investments?
• Which are the leading players currently holding dominating shares in the global CAR T-cell therapy market?
• What are the key strategies incorporated by the players of the global CAR T-cell therapy market to sustain the competition and retain their supremacy?
• What is the current revenue contribution of the global CAR T-cell therapy market (by application type), and how is it expected to evolve in the forecast period?
• What is the current revenue contribution of the global CAR T-cell therapy market (by target antigen), and how is it expected to evolve in the forecast period?
• Which region is expected to contribute the highest revenue to the global CAR T-cell therapy market during the forecast period?
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