CAR-T Cell Therapy Market Growth Prospects, New Developments Forecast To 2030
The market size for CAR-T cell therapy reached USD 2.72 billion in 2022 and is expected to increase from USD 4.38 billion in 2023 to USD 14.42 billion by 2030, showing a compound annual growth rate (CAGR) of 18.5% during the period from 2023 to 2030. North America held the largest share of the global market in 2022 at 64.33%.
CAR-T Cell Therapy Market Research Report provides a key analysis of the market status of CAR-T Cell Therapy Market with the most up-to-date facts and figures, meaning, definition, SWOT analysis, expert opinions, and the most recent developments around the world. The market size, sales, price, revenue, gross margin, market share, cost structure, and growth rate are all calculated in the report. The revenue generated from the sales of This Report and technologies by various application segments and Browse Market data Tables is taken into account in the report.
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The major players operating in this market has been profiled in a manner which discloses key details about the companies, including the company overview, products and services, recent news, technological developments, innovations, revenue, key financials, and SWOT analysis.
- Gilead Sciences, Inc. (U.S.)
- Novartis AG (Switzerland)
- Bristol-Myers Squibb Company (U.S.)
- Johnson & Johnson Services, Inc. (Janssen Global Services, LLC) (U.S.)
- Caribou Biosciences, Inc. (U.S.)
- CARsgenTherapeutics Co., Ltd (China)
- JW Therapeutics (Shanghai) Co., Ltd. (China)
- Cartesian Therapeutics, Inc. (U.S.)
- Aurora Biopharma (U.S.)
Market Drivers:
One of the key factors that significantly boosts the growth of the CAR-T cell therapy market is the substantial rise in the worldwide incidence of cancer. Additionally, the growing availability of Patient Assistance Programs (PAPs) is fostering the acceptance of this therapy. Moreover, governments across the globe are implementing initiatives to increase cancer awareness, which is also fueling market expansion.
The growing knowledge among the public about different blood cancers, due to the increasing efforts of government entities, healthcare organizations, and industry participants, is leading to a heightened rate of diagnosis and treatment among the population.
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What are the key dynamic factors that are detailed in the report?
Key Market Dynamics: The CAR-T Cell Therapy Market research report details the latest industry trends, growth patterns, and research methodologies. The factors that directly contribute to the growth of the market include the production strategies and methodologies, development platforms, and the product model itself, wherein a small change would result in further changes in the overall report. All of these factors are explained in detail in the research study.
Market Outlook: The report also sheds light on some of the major factors, including R&D, new product launches, M&A, agreements, partnerships, joint ventures, collaborations, and growth of the key industry participants, on a regional and basis.
Major Features: The report provides a thorough analysis of some of the significant factors, which include cost, capacity, capacity utilization rate, production, revenue, production rate, consumption, import/export, supply/demand, gross, market share, CAGR, and gross margin. Besides, the report provides a comprehensive study of the key influencing factors and market inclinations, in addition to the relevant market segments and sub-segments.
Analytical Tools: The CAR-T Cell Therapy Market report consists the precisely studied and evaluated information of the key players and their market scope using several analytical tools, including SWOT analysis, Porter’s five forces analysis, investment return analysis, and feasibility study. These tools have been used to efficiently study the growth of major industry participants.
Potential Customers: The report offers detailed insights to users, service providers, suppliers, manufacturers, stockholders, and individuals who are interested in evaluating and self-studying this market.
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Report Coverage
✽ Provides a comprehensive understanding of the CAR-T Cell Therapy Market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors, and Porter’s five analysis.
✽ Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market.
✽ Uncovers potential demands in the market.
✽ Porter’s analysis identifies competitive forces within the market.
✽ Provides information on the historical and current market size and the future potential of the market.
✽ Provides sizes of key regional markets using yardsticks of processes, segments, products, end-user, and technology, etc.
✽ Highlights the competitive scenario of the market, major competitors, market share, benchmarking, investments, and merger acquisitions.
Segmentation:
By Drug Type
- Axicabtagene Ciloleucel (Yescarta)
- Brexucabtagene Autoleucel (Tecartus)
- Ciltacabtagene Autoleucel (Carvykti)
- Idecabtagene Vicleucel (Abecma)
- Lisocabtagene Maraleucel (Breyanzi)
- Tisagenlecleucel (Kymriah)
- Others
By Indication
- Acute Lymphoblastic Leukemia
- Non-Hodgkin Lymphoma
- Multiple Myeloma
Important Features of the reports :
✤ Detailed analysis of the CAR-T Cell Therapy Market
✤ Fluctuating market dynamics of the industry
✤ Detailed market segmentation
✤ Historical, current, and projected market size in terms of volume and value
✤ Recent industry trends and developments
✤ Competitive landscape of the CAR-T Cell Therapy Market
✤ Strategies of key players and product offerings
✤ Potential and niche segments/regions exhibiting promising growth
✤ A neutral perspective towards CAR-T Cell Therapy Market performance.
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