The Cellular Immunotherapy Market Share, Market Size, And Growth Rate 2022
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The cellular immunotherapy market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 15%, as per The Business Research Company’s market report!
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The Cellular Immunotherapy Market Size In 2022 And Forecast
The global cellular immunotherapy market is expected to grow from $3.68 billion in 2021 to $4.30 billion in 2022 at a compound annual growth rate (CAGR) of 17%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The cellular immunotherapy market is expected to reach $7.60 billion in 2026 at a CAGR of 15.3%.
The cellular immunotherapy market consists of revenues generated by the companies engaged in developing, manufacturing, and sales of cellular immunotherapy drugs.
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Increase In Research And Successful Clinical Trials Is Driving The Growth Of The Cellular Immunotherapy Market
Companies are focusing on developing new cellular immunotherapies for treating different diseases. The rapid growth in the development of cellular immunotherapy in clinical and preclinical stages in 2020 as compared to that in 2019 is projected to expand the landscape of cellular immunotherapy. Subsequently, generating higher revenues for the cellular immunotherapy market.
Competitive Landscape And The Regional Analysis Of The Cellular Immunotherapy Market
Major players in the cellular immunotherapy market are Novartis AG, Gilead Sciences Inc. (Kite Pharma), Apac Biotech, Dendreon Pharmaceuticals LLC, JW CreaGene Co. Ltd, Green Cross Corp (GC Pharma), AstraZeneca, Bristol-Myers Squibb, Pfizer Inc. and Roche.
The Cellular Immunotherapy Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the cellular immunotherapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the cellular immunotherapy market.
Developing Off-The-Shelf Allogeneic Therapies – A Key Trend In The Cellular Immunotherapy Market
Companies in the cellular immunotherapy market are focusing on developing off-the-shelf allogeneic therapies for new and improved cancer treatment. Off-the-shelf allogeneic therapies are produced from the cells of donors instead of the patient cells as in the case of autologous therapy. Their non-customized nature provides advantages such as cost-effectiveness, large scale, fast, and quality control production.
Cellular Immunotherapy Market Segmentation By The Business Research Company
1) By Therapy: Tumour-Infiltrating Lymphocyte (TIL) Therapy, Engineered T Cell Receptor (TCR) Therapy, Chimeric Antigen Receptor (CAR) T Cell Therapy, Natural Killer (NK) Cell Therapy
2) By Primary Indication: B-Cell Malignancies, Prostate Cancer, Renal Cell Carcinoma, Liver Cancer, Non-Hodgkin Lymphoma, Others
3) By Application: Prostate Cancer, Breast Cancer, Skin Cancer, Ovarian Cancer, Brain Tumour, Lung Cancer, Others
Here Are Some Reports Related To The Cellular Immunotherapy Market –
Cancer Immunotherapy Global Market Report 2022
Immunoglobulins Global Market Report 2022
Drugs For Immunotherapy Global Market Report 2022
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