According to IMARC Group latest report titled” T-cell Therapy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market exhibited strong growth during 2015-2020. The Global T-cell Therapy Market to grow at a CAGR of around 15% during the forecast period (2021-2026). T-cell therapy is a type of immunotherapy that uses altered white blood cells to treat cancer. This procedure involves collecting T-cells from the blood through apheresis, which are later modified in a laboratory to produce special structures known as chimeric antigen receptors (CARs). These re-engineered cells are multiplied and reinfused into the body to eliminate tumor cells. T-cell therapy is primarily used for treating blood cancer and is also being studied for treating various types of cancer.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
The rising prevalence of cancer is creating an inflating demand for targeted anti-cancer therapies with minimal side effects, which is majorly propelling the global T-cell therapy market growth. Apart from this, the onset of coronavirus disease (COVID-19) has prompted researchers to adopt T-cell therapy to treat critically affected patients, which is further supporting the market growth. Moreover, governments of several nations are introducing favorable policies to accelerate oncological research studies, which is creating a positive outlook for the market.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Amgen Inc.
- Aurora Biopharma Inc.
- bluebird bio Inc
- Bristol-Myers Squibb Company
- Fate Therapeutics
- Gilead Sciences Inc.
- Merck KGaA
- Mustang Bio Inc.
- Novartis AG
- Pfizer Inc.
- Sorrento Therapeutics Inc.
- TCR2 Therapeutics
T-cell Therapy Market Segmentation:
Our report has categorized the market based on Region, Modality, Therapy Type and Indication.
Market Breakup by Modality:
Market Breakup by Therapy Type:
- CAR T-cell based
- T Cell Receptor (TCR) based
- Tumor Infiltrating Lymphocytes (TIL) based
Market Breakup by Indication:
- Hematologic Malignancies
- Solid Tumors
- Brain and Central Nervous System
- Liver Cancer
Market Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
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