Sorrento Therapeutics – CAR-T Therapy Treatment Market Research Report 2021-2027 – The Courier
A new research report titled, Global CAR-T Therapy Treatment Market By Data Bridge Market Research gives insights of market size, trends, market share, growth, emerging opportunities, Investment Plan, cost structure and driver’s analysis. The market report also covers strategic profiling of the major players in the market, all-inclusive analysis of their basic competencies, and hence keeps competitive landscape of the market in front of the client. The CAR-T Therapy Treatment report also illustrates the CAGR values for the historic years 2019, the base year 2018 and the forecast for the years 2021-2027.The report provides key statistics on the market status of the CAR-T Therapy Treatment manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Overall, the report provides an in-depth insight of market covering all important parameters. The report analyzes insights related to market developments, trends, provide and demand changes across numerous regions across the world.
Chimeric Antigen Receptor T (CAR-T) cell therapy is a type of immunotherapy treatment that utilizes patient’s T cells a part of immune system cell to fight against cancer. It is developed in the structured laboratory by collecting a sample of a patient’s T cells and modified in the laboratory to develop special structures called chimeric antigen receptors (CARs) on their surface when infused into patients, these cells get multiple and in turn boost a patient’s immune system.
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According to the statistics published in The Global Cancer Observatory, Globocan 2018, it is estimated that the total incident population of Non-Hodgkin lymphoma and breast cancer worldwide were 509,590 and 2,088,849 respectively. This growing incidence of cancer globally and increase in deal between the companies are acts as market drivers.
- High prevalence of cancer worldwide where CAR-T cell therapies is dominant treatment is driving the growth of this market
- Strategic alliance between the companies to make available CAR-T cell therapies worldwide is also acting as a driver for the market
- Ongoing clinical trial is being conducted by many pharmaceuticals companies is propelling the market growth
- Application of latest technologies in the health care industry can also act as a market driver
- High cost involved in research and development for CAR-T cell therapies is restricting the growth for the market
- Scientific and major technical challenges for production of disease specific novel CAR-T cell therapies will hamper the market growth
- Lack of expertise and inadequate knowledge about CAR-T cell therapies in some developing countries
The major players who are leading the market throughout the globe are:
- Novartis AG
- Gilead Sciences, Inc
- AbbVie Inc
- Amgen Inc
- Atara Biotherapeutics
- Aurora Biopharma
- Bellicum Pharmaceuticals Inc
- BioAtla LLC.
COVID – 19 scenario analysis:
- The COVID-19 pandemic has emerged as a humanitarian as well as economic crisis, creating strain on the society and affecting millions of people and businesses
- Healthcare organizations are already working in battle mode, preparing new plans to respond growing COVID-19 patients, right from sourcing rapid diagnosing kits to sufficient PPE kits for workers
- Industry closures and people are asked to stay in their homes which has cause taken a huge toll in terms of money and economic growth
- Over 4 million people affected globally, with 300 thousand losing their lives due to SARS-CoV-2
CAR-T Therapy Treatment Market Segmentation:
By Therapeutic Application
- Pancreatic Cancer
- Breast Cancer
- Colorectal Cancer
- Lung Cancer
By Development Processes
- Autologous CAR-T Cells
- Allogeneic CAR-T Cells
Key Developments in the Market:
- In February 2019, Gilead Sciences, Inc received approval in Canada for Yescarta (axicabtagene ciloleucel), Chimeric Antigen Receptor T (CAR T) cell therapy from the Health Canada for the treatment of relapsed or refractory large B-cell lymphoma in adult patients given after two or more lines of systemic therapy. The approval of Yescarta is set to change the treatment landscape for the patients suffering from non-Hodgkin lymphoma throughout the Canada
- In August 2018, Novartis AG received approval from European Commission for Kymriah (tisagenlecleucel), formerly known as CTL019 which is CAR-T cell therapy for the treatment of B-cell acute lymphoblastic leukemia in pediatric and young adult patients up to 25 years old. The approval of Kymriah addresses the significant unmet medical needs for patients and save the lives
MAJOR TOC OF THE REPORT:-
- Executive Summary: It includes key trends of the CAR-T Therapy Treatment market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the CAR-T Therapy Treatment market based on production and revenue.
- Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
- Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the CAR-T Therapy Treatment market.
- Market Segments: This part of the report discusses about product type and application segments of the CAR-T Therapy Treatment market based on market share, CAGR, market size, and various other factors.
- Research Methodology: This section discusses about the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
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Some of the key questions answered in these CAR-T Therapy Treatment Market report:
- What will the CAR-T Therapy Treatment market growth rate, growth momentum or acceleration market carries during the forecast period?
- Which are the key factors driving the CAR-T Therapy Treatment market?
- What was the size of the emerging CAR-T Therapy Treatment market by value in 2021?
- What will be the size of the emerging CAR-T Therapy Treatment market in 2027?
- Which region is expected to hold the highest market share in the CAR-T Therapy Treatment market?
- What trends, challenges and barriers will impact the development and sizing of the Global CAR-T Therapy Treatment market?
- What are sales volume, revenue, and price analysis of top manufacturers of CAR-T Therapy Treatment market?
- What are the CAR-T Therapy Treatment market opportunities and threats faced by the vendors in the global CAR-T Therapy Treatment Industry?
Competitive Landscape and CAR-T Therapy Treatment Market Share Analysis
Global CAR-T therapy treatment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Global CAR-T therapy treatment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Players:
Few of the major competitors currently working in the global CAR-T therapy treatment market are Novartis AG, Gilead Sciences, Inc, AbbVie Inc, Adaptimmune, Amgen Inc, Atara Biotherapeutics., Aurora Biopharma, Autolus, Bellicum Pharmaceuticals, Inc, BioAtla LLC. , bluebird bio, Inc, CELGENE CORPORATION, CARINA BIOTECH, CARsgen Therapeutics, Cartherics Pty ltd, Cellectis, Ziopharm Oncology, Inc, Xyphos, TrakCel , Tmunity Therapeutics, Tessa Therapeutics Ltd, TC BioPharm Limited, Sorrento Therapeutics, Inc and others.
Significant Highlights of the Report:
- A detailed look at the Industry
- Changing business trends in the global CAR-T Therapy Treatment market
- A concurrent evaluation of multiple parameters is necessary in diagnosing the occurrence of CAR-T Therapy Treatment Market.
- Detailed market bifurcation analysis at different level such as type, application, end-user, regions/countries
- Historical and forecast size of the market in terms of revenue (USD Million)
- It helps in understanding the key product segments and their future
- Competitive landscape and player positioning analysis for the market
Reasons to Purchase this Report
- Current and future of global CAR-T therapy treatment market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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CAR-T Therapy Treatment Market Country Level Analysis
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil etc.)
- Middle East and Africa (Egypt and GCC Countries)
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