CAR T Cell Therapy Segment Held Largest Share of Product Segment in T Cell Therapy Market
According to our latest study on " T Cell Therapy Market Size and Forecast to 2030 – COVID-19 Impact and Global Analysis – by Type, Application, and Purchase Mode," the T cell therapy market size was valued at US$ 2,754.0 million in 2022 and is expected to reach US$ 9,035.01 million by 2030. It is estimated to register a CAGR of 16.0% during 2022–2030. The report highlights the key factors and trends impacting the market and focuses on prominent players and their strategies.
T-cell transfer therapy is a type of immunotherapy that makes immune cells better able to attack cancer. There are two main types of T-cell transfer therapy: T-cell therapy receptor (TCR) therapy and CAR T-cell therapy. Both are involved in collecting immune cells, grown in large numbers in the lab, and then intravenously delivered to the patient. T-cell transfer therapy is also called adoptive cell therapy, adoptive immunotherapy, and immune cell therapy.
Companies operating in the T cell therapy market focus on strategic developments such as collaborations, expansions, agreements, and investment, which help them improve their sales, expand their geographic reach, and enhance their capacities to cater to a larger than existing customer base. A few noteworthy developments in the T cell therapy market are mentioned below.
Thus, these investments create lucrative opportunities in the T cell therapy market.
Immunocore Holdings PLC, Legend Biotech Corp, Janssen Global Services LLC, Gilead Sciences Inc, Bristol Myers Squibb Co, Bluebird Bio Inc, Novartis AG, JW (Cayman) Therapeutics Co Ltd, Cartesian Therapeutics, and Innovent Biologics are among the key players operating in the global T cell therapy market.
The report segments the global T cell therapy market as follows:
The T cell therapy market is segmented into modality, therapy type, indication, and geography. By modality, the T cell therapy market is bifurcated into research and commercialized. Based on therapy type, the T cell therapy market is segmented into CAR T-cell therapy and T-cell receptor (TCR)-based. Based on indication, the T cell therapy market is segmented into hematologic malignancies and solid tumors. Geographically, the T cell therapy market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (Saudi Arabia, Israel, and Rest of Middle East & Africa), and South & Central America (Brazil).
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