CAR-T Cell Therapy Market Trends, Regional Analysis With Global Forecast 2030
In 2022, the worldwide market size for CAR-T cell therapy reached USD 2.72 billion. It is anticipated to increase to USD 4.38 billion in 2023 and further to USD 14.42 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 18.5% over the forecast period.
Fortune Business Insights has announced new analysis on CAR-T Cell Therapy Market Status 2022-2028 which has been prepared based on an in-depth market analysis with inputs from industry experts and top vendors in the business. The report covers the market landscape and its development prospects over the coming years. The report also contains a discussion of the key vendors operating in this market.
The market analysis report speaks about the growth rate of CAR-T Cell Therapy Market till 2028 manufacturing process, key factors driving this market with sales, revenue, and price analysis of top manufacturers of Market, distributors, traders and dealers of CAR-T Cell Therapy Market.
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crucial Players Mentioned in the CAR-T Cell Therapy Market Research Report
- 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.)
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Market Drivers:
One of the primary factors driving the growth of the CAR-T cell therapy market is the significant rise in the global incidence of cancer. Additionally, the growing availability of Patient Assistance Programs (PAPs) is fueling the acceptance of this therapy. Moreover, governments around the world are implementing initiatives to increase cancer awareness, which is also bolstering market expansion.
Regional Analysis:
North America has the largest market share for CAR-T cell therapy, with a revenue of USD 1.75 billion in 2022. It is expected to continue dominating the market in the future due to the increasing prevalence of hematologic cancer and higher rates of diagnosis and treatment. Additionally, the availability of sufficient reimbursement for inpatient hospital stays in key countries in the region is encouraging the adoption of innovative and advanced treatments.
Overview of the Report
The report includes a detailed analysis of request size in former times for colorful parts and countries, as well as unborn vaticinations. The CAR-T Cell Therapy Market report delves deeply into the global request’s competitive geography. This report covers request dynamics, motorists, and segmentation by operation, type, region, and manufacturer. This CAR-T Cell Therapy Market report examines the assiduity in the regions and countries studied from both a qualitative and quantitative viewpoint.
Segmentation:
By Drug Type
- Axicabtagene Ciloleucel (Yescarta)
- Brexucabtagene Autoleucel (Tecartus)
- Ciltacabtagene Autoleucel (Carvykti)
- Idecabtagene Vicleucel (Abecma)
- Lisocabtagene Maraleucel (Breyanzi)
- Tisagenlecleucel (Kymriah)
By Indication
- Acute Lymphoblastic Leukemia
- Non-Hodgkin Lymphoma
- Multiple Myeloma
The report provides insights on the following pointers:
Market Penetration: Comprehensive data on the product portfolios of the top players in the CAR-T Cell Therapy Market.
Product Development/Innovation: Detailed information about upcoming technologies, R&D activities, and market product debuts.
Competitive Assessment: An in-depth analysis of the market’s top companies’ market strategies, as well as their geographic and business segments.
Market Development: Information on developing markets in its entirety. This study examines the market in several geographies for various segments.
Market Diversification: Extensive data on new goods, untapped geographies, recent advancements, and investment opportunities in the CAR-T Cell Therapy Market.
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