Germany T-cell Therapy Market Size & Outlook, 2021-2028
Germany t-cell therapy market, 2018-2028 (US$M)
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Germany t-cell therapy market highlights
- The Germany t-cell therapy market generated a revenue of USD 323.4 million in 2021 and is expected to reach USD 713.3 million by 2028.
- The Germany market is expected to grow at a CAGR of 12% from 2022 to 2028.
- In terms of segment, commercialized was the largest revenue generating modality type in 2021.
- Commercialized is the most lucrative modality type segment registering the fastest growth during the forecast period.
T-cell therapy market data book summary
| Market revenue in 2021 | USD 323.4 million |
| Market revenue in 2028 | USD 713.3 million |
| Growth rate | 12% (CAGR from 2021 to 2028) |
| Largest segment | Commercialized |
| Fastest growing segment | Commercialized |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Research, Commercialized |
| Key market players worldwide | Novartis AG ADR, Merck KGaA, Gilead Sciences Inc, Adaptimmune Therapeutics PLC ADR, Bluebird bio Inc, Sorrento Therapeutics Inc, Fate Therapeutics Inc, Pfizer Inc, Amgen Inc, Bristol-Myers Squibb Co |
Other key industry trends
- In terms of revenue, Germany accounted for 5.1% of the global t-cell therapy market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany t-cell therapy market is projected to lead the regional market in terms of revenue in 2028.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 713.3 million by 2028.
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T-cell Therapy Market Scope
T-cell Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany t-cell therapy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to t-cell therapy market will help companies and investors design strategic landscapes.
Commercialized was the largest segment with a revenue share of 50.9% in 2021. Horizon Databook has segmented the Germany t-cell therapy market based on research, commercialized covering the revenue growth of each sub-segment from 2018 to 2028.
In September 2018, the Department of Hematology, Oncology and Rheumatology of Heidelberg University Hospital was the first German center to provide patients with CAR T-cell therapy. Post EU approval of Kymriah in August 2018 for the treatment of B-cell ALL in young adults & children, the drug received orphan drug status in Germany for relapsed large B-cell lymphoma patients.
In Germany, the launch price of a drug is determined by the manufacturer for a year, while the Health Technology Assessment (HTA) and GKV-Spitzenverband (GKV-SV), a payer group, negotiate a price and reimbursement procedures are completed. According to a press release by Novartis, single hospitals are eligible to negotiate remuneration with payers for costs associated with use of Kymriah as a new treatment option under the NUB system framework.
For 2019, Kymriah was granted the NUB status 1, indicating that the drug met the criteria for hospital-individual NUB agreements. In Germany, the list price of Kymriah is set at USD 371,000, which is subject to negotiations and cost benefit assessments with payers.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany t-cell therapy market , including forecasts for subscribers. This country databook contains high-level insights into Germany t-cell therapy market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Germany t cell therapy market size, by modality type, 2018-2028 (US$M)
Germany T-cell Therapy Market Outlook Share, 2021 & 2028 (US$M)
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