CAR T Cell Therapy Market Revenue, Growth Factors, Trends, Key Companies, Forecast To 2028

The global T-cell therapy market size was USD 4.72 billion in 2020 and is expected to register a revenue CAGR of 20.4% during the forecast period.

According to the most recent analysis by Reports and Data, the size of the worldwide CAR T Cell Therapy Market is anticipated to reach USD 21 billion in 2028 and show a CAGR of 20.4% over the projected period. The incidence of malignancies and the growing elderly population around the world are two important variables that are propelling market revenue growth. A form of immunotherapy known as T-cell treatment involves genetically altering T-cells. Different cancers are treated using this method.

There are mainly three main types of T-cell therapies; CAR CAR T Cell Therapy, T-cell receptor (TCR)-based, and tumor infiltrating lymphocytes (TIL)-based. One of the best ways to treat cancer is with CAR CAR T Cell Therapy, also known as chimeric antigen receptor CAR T Cell Therapy. CAR CAR T Cell Therapy segment accounted for majority revenue share in the global market in 2020. This can be attributed to increasing number of clinical trials for CAR CAR T Cell Therapy and increasing investment in research related to CAR CAR T Cell Therapy.

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Some Key Highlights from the Report:

  • In January 2021, OrganaBio launched a new cell product, ImmunoPAC-T-CB T cells. These cells are obtained from full-term umbilical cord blood taken from donors that supports allogeneic immune cell-based therapy development.
  • Research segment accounted for largest revenue share in the global market in 2020. This can be attributed to rising focus on research of CAR T Cell Therapy, and increasing investment in cell therapy-based clinical research and development activities.
  • Major players in the market report include Novartis AG, Merck KGaA, Gilead Sciences Inc., TCR2 Therapeutics Inc., Bluebird Bio Inc., Sorrento Therapeutics, Fate Therapeutics, Pfizer Inc., Amgen, and Celgene Corporation.

Competitive Outlook of the Global CAR T Cell Therapy Market

The globla CAR T Cell Therapy market study focuses on the revenue growth trajectories of the leading companies in this market. This section of the report throws light on the highly competitive landscape of the CAR T Cell Therapy market, pointing out the major players. The report further discusses the strategic initiatives undertaken by each of these market players, including mergers acquisitions, collaborations, joint ventures, new product launches, new business deals, and technological innovations.

Top Companies Profiled in the Report:

Modality Outlook (Revenue, USD Billion; 2018-2028)

  • Research
  • Commercialized

Therapy Outlook (Revenue, USD Billion; 2018-2028)

  • CAR CAR T Cell Therapy
  • T-cell receptor (TCR)-based
  • Tumor infiltrating lymphocytes (TIL)-based

Indication Outlook (Revenue, USD Billion; 2018-2028)

  • Hematologic Malignancies
  • Lymphoma
  • Myeloma
  • Leukemia
  • Solid Tumors
  • Brain Central Nervous System
  • Liver Cancer
  • Melanoma
  • Others

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The report is inclusive of product type outlook, application spectrum, end-use outlook, technology landscape, regional market analysis, and competitive overview.

CAR T Cell Therapy Market Segmentation:

Type Outlook:

  • Type 1
  • Type 2
  • Type 3
  • Type 4
  • Others

Application Outlook:

  • Application 1
  • Application 2
  • Application 3
  • Application 4
  • Others 

Geographic Segment Covered in the Report:

The CAR T Cell Therapy report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.

  • North America (USA and Canada)

  • Europe (UK, Germany, France and the rest of Europe)

  • Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)

  • Latin America (Brazil, Mexico, and the rest of Latin America)

  • Middle East and Africa (GCC and rest of the Middle East and Africa)

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