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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global CAR T-Cell Therapy Market Regional Analysis
The United States is expected to lead the CAR T-cell therapy market share in the forecast period. This can be attributed to an increased emphasis on providing customised patient care solutions. The rising prevalence of cancer along with existence of key healthcare companies plays a pivotal role in the market growth. The surge in research and development activities is a major element as well.
In the forecast period, Asia Pacific is expected to witness a significant surge in the market value, with countries like India, China and Japan being a centre of attraction. India is expected to grow owing to increasing healthcare infrastructure development and rise in the foreign investments. In October 2023, Immunoadoptive Cell Therapy (ImmunoACT), an IIT Bombay incubated company received the Central Drugs Standard Control Organisation’s (CDSO) marketing authorisation for the first humanised CD19-targeted CAR T-cell therapy product in India. This showcases that the market is expected to emerge significantly in the upcoming years.
CAR T-Cell Therapy Market Report Snapshots
CAR T-Cell Therapy Market Size
CAR T-Cell Therapy Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 2.5 billion in 2023, driven by the growing prevalence of cancer across the globe.
The market is anticipated to grow at a CAGR of 15.2% during the forecast period of 2024-2032, likely to reach a market value of USD 9 billion by 2032.
The market demand is driven by the rising emphasis on offering personalised treatment to the patients, along with technical advancements and a surge in research and development activities, owing to a better understanding of genetics and cellular biology.
The major market trend involves increasing partnerships and collaborations between influential market players. For instance, In December 2023, AbelZeta and AstraZeneca entered an agreement to develop C-CAR031, an autologous and armoured GPC3-targeting chimeric antigen receptor T Cells (CAR-T) therapy designed to treat hepatocellular carcinoma (HCC).
Based on drug types, the market is divided into Axicabtagene Ciloleucel, Tisagenlecleucel, Brexucabtagene Autoleucel, Lisocabtagene Maraleuce, Idecabtagene Vicleucel, Ciltacabtegene Autoleucel, and others.
CD19, BCMA, HER2, GD2, CD22, CD30, CD33, HER1 and CLDN18 are common antigens available in the market.
Common application areas include acute lymphocytic leukemia, chronic lymphocytic leukemia, diffuse large B-Cell lymphoma (DLBCL), follicular lymphoma, mantle cell lymphoma, multiple myeloma, glioblastoma, sarcoma, neuroblastoma, acute myeloid leukemia, breast cancer, pancreatic cancer, hepatocellular carcinoma, and colorectal cancer, among others.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is currently leading the global market.
Key players involved in the market are Autolus Therapeutics, CARsgen Therapeutics Co.Ltd., Juno Therapeutics, Inc., Sorrento Therapeutics, Inc., Bluebird bio, Inc., CELGENE CORPORATION, Eureka Therapeutics Inc., Avacta Life Sciences Ltd., Calyxt Inc., Celyad Oncology SA, Fortress Biotech, Inc., IMMUNE THERAPEUTICS, INC., Alaunos Therapeutics, Inc., Gilead Sciences, Inc., and Novartis AG.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124