The Global T-cell Therapy Market 2025-2030 by Therapy Type, Indication and Region - Shift Towards Allogeneic Platforms to Boost Market Accessibility - ResearchAndMarkets.com
The Global T-cell Therapy Market 2025-2030 by Therapy Type, Indication and Region - Shift Towards Allogeneic Platforms to Boost Market Accessibility - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "T-cell Therapy Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030" has been added to ResearchAndMarkets.com's offering.
The Global T-cell Therapy Market, valued at USD 2.92 Billion in 2024, is projected to experience a CAGR of 9.90% to reach USD 5.14 Billion by 2030. The market's expansion is significantly propelled by the increasing global prevalence of various cancers, continuous technological advancements in genetic engineering techniques, and substantial investments directed towards research and development for novel immunotherapeutic approaches.
Key Market Drivers
The escalating global burden of cancer presents a substantial and persistent demand driver for innovative therapeutic solutions, including T-cell therapy. The increasing incidence of various cancer types globally necessitates the continuous development and adoption of advanced treatment modalities that offer improved efficacy and patient outcomes, particularly for those refractory to conventional therapies. This pressing medical need directly fuels investment and research into T-cell therapies, positioning them as critical options in oncology.
According to the American Cancer Society and the International Agency for Research on Cancer, April 2024, Global Cancer Statistics 2024, close to 20 million cancer cases were newly diagnosed in 2022 around the world, underscoring the vast and growing patient population requiring novel interventions.
Key Market Challenges
The inherently high cost associated with personalized T-cell therapies, driven by complex and resource-intensive manufacturing processes, presents a significant impediment to market expansion. These treatments necessitate individual modification of a patient's own T-cells, leading to high production expenses.
This directly restricts widespread patient access and imposes considerable financial pressure on healthcare systems and payers globally. Consequently, the adoption rate of these innovative therapies is constrained, preventing broader market penetration despite their demonstrated clinical efficacy.
Key Market Trends
The shift towards allogeneic T-cell therapies represents a significant evolutionary step in the global T-cell therapy market, moving away from individualized autologous treatments which rely on a patient's own cells. This transition aims to address the inherent manufacturing complexities and high costs associated with personalized therapies, paving the way for more readily available, "off-the-shelf" products. These allogeneic platforms, utilizing donor cells, hold the potential to enhance scalability and accessibility, thereby broadening the eligible patient population.
According to the Alliance for Regenerative Medicine, in January 2024, the sector anticipated the potential for the first United States approval of an allogeneic T-cell therapy that year.
Key Market Players Profiled:
- Novartis AG
- Merck KGaA
- Gilead Sciences Inc.
- TCR2 Therapeutics Inc.
- Bluebird Bio Inc.
- Sorrento Therapeutics Inc.
- Fate Therapeutics Inc.
- Pfizer Inc.
- Amgen Inc.
- Celgene Corporation
Report Scope
In this report, the Global T-cell Therapy Market has been segmented into the following categories:
By Therapy Type:
- CAR T-cell Therapy
- T Cell Receptor (TCR)-based
- Tumor Infiltrating Lymphocytes (TIL)-based
By Indication:
- Hematologic Malignancies
- Solid Tumors
- Others
By Region:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Key Attributes
| Report Attribute | Details |
| No. of Pages | 183 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $2.92 Billion |
| Forecasted Market Value (USD) by 2030 | $5.14 Billion |
| Compound Annual Growth Rate | 9.9% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/vy2003
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
