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How Significant is the Anticipated Growth Rate of the CAR-T Therapy Market from 2025 to 2034?

The CAR-T therapy market size has grown at a fast pace in recent years. It is projected to increase from $2.53 billion in 2024 to $3.01 billion in 2025, reflecting a CAGR of 18.9%. The historical expansion can be attributed to higher healthcare spending, increased investment in pharmaceutical R&D, and progress in drug discovery.

The CAR-T therapy market is set for rapid growth, projected to reach $5.42 billion by 2029, with a CAGR of 15.9%. This growth is fueled by increasing blood cancer rates, rising healthcare spending, and a robust drug pipeline. Trends include developing remastered CAR-T therapies to avoid side effects, creating allogeneic therapies for advanced cancer, AI integration, strategic collaborations, and expanding therapy effectiveness.

What Industry-Specific Factors Are Fueling the Growth of the car-t therapy Market?

The growth of the CAR-T therapy market is driven by increasing financial support from various organizations. Government and non-government organizations provide funding for research and treatment of acute lymphoblastic leukemia (ALL) through CAR-T therapy. For example, the Centers for Medicare and Medicaid Services reported that U.S. healthcare spending increased by 4.1% in 2023. Financial support from such organizations is expected to propel the CAR-T therapy market.

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Who Are the Dominant Players Pushing the Boundaries of the CAR-T Therapy Market?

Major companies operating in the CAR-T therapy market include:

• Gilead Sciences_x000D_

• Novartis AG_x000D_

• Biocon_x000D_

• Gracell Biotechnology Ltd_x000D_

• Aeon Therapeutics_x000D_

How Are Market Trends Revolutionizing the CAR-T Therapy Industry in Recent Times?

In the CAR-T therapy market, major companies are focusing on developing advanced diagnostic tools to personalize treatment and improve patient outcomes. Diagnostic tools help clinicians analyze diseases and conditions, aiding in treatment planning. For instance, in February 2023, Eurofins Viracor, a U.S.-based clinical diagnostic lab, launched the ExPeCT Expansion and Persistence of CAR T Assay, which tracks CAR-T cell dynamics in patients, helping clinicians assess treatment efficacy and manage patient care.

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How Are the Key Segments of the CAR-T Therapy Market Driving Opportunities and Innovations?

The CAR-T therapy market covered in this report is segmented –

1) By Type: Monotherapy, Combination Therapy

2) By Target Antigen: CD19, CD22, BCMA, Other Target Antigens

3) By Application: Acute Lymphoblastic Leukemia, Diffuse Large B-Cell Lymphoma, Follicular Lymphoma, Chronic Lymphocytic Leukemia, Multiple Myeloma, Other Applications

Subsegments:

1) By Monotherapy: CD19-targeted CAR-T Therapy, BCMA-Targeted CAR-T Therapy

2) By Combination Therapy: CAR-T Therapy With Immune Checkpoint Inhibitors, CAR-T Therapy With Other Targeted Therapies, CAR-T Therapy With Chemotherapy Or Radiotherapy

Which Geographic Areas Are Influencing the Growth of the CAR-T Therapy Market?

North America was the largest region in the CAR-T therapy market in 2024. Western Europe was the second-largest region in the global CAR-T therapy market share. The regions covered in the CAR-T Therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Are the Core Features That Define the CAR-T Therapy Market?

The chimeric antigen receptor-T therapy is a type of immunotherapy in which T-cells are taken from the patient’s blood are modified in a laboratory with the addition of a special protein receptor that grants T-cells the power to recognize as well as kill cancer cells easily, along with infusing the same back into that patient. This special protein receptor, known as the chimeric antigen receptor (CAR), attaches to a specific protein in a patient’s cancer cells. The infused cells multiply and prevail in the patient’s body as living drugs.

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