Middle East & Africa T-cell Therapy Market Size & Outlook
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MEA t-cell therapy market highlights
- The MEA t-cell therapy market generated a revenue of USD 131.8 million in 2021.
- The market is expected to grow at a CAGR of 8.9% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2028.
MEA data book summary
| Market revenue in 2021 | USD 131.8 million |
| Market revenue in 2028 | USD 238.8 million |
| Growth rate | 8.9% (CAGR from 2021 to 2028) |
| Largest segment | Commercialized |
| Fastest growing segment | Commercialized |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 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, MEA region accounted for 2.1% of the global t-cell therapy market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,113.5 million by 2028.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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T-cell Therapy Market Scope
T-cell Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fate Therapeutics Inc | View profile | 181 | 12278 Scripps Summit Drive, San Diego, CA, United States, 92131 | https://www.fatetherapeutics.com |
| Sorrento Therapeutics Inc | View profile | 949 | 4955 Directors Place, San Diego, CA, United States, 92121 | https://www.sorrentotherapeutics.com |
| Bluebird bio Inc | View profile | 323 | 455 Grand Union Boulevard, Somerville, MA, United States, 02145 | https://www.bluebirdbio.com |
| Adaptimmune Therapeutics PLC ADR | View profile | 449 | 60 Jubilee Avenue, Milton Park, Abingdon, Oxfordshire, United Kingdom, OX14 4RY | https://www.adaptimmune.com |
| Gilead Sciences Inc | View profile | 18000 | 333 Lakeside Drive, Foster, CA, United States, 94404 | https://www.gilead.com |
| Bristol-Myers Squibb Co | View profile | 34100 | Route 206 and Province Line Road, Princeton, New Jersey, NJ, United States, 08543 | https://www.bms.com |
| Pfizer Inc | View profile | 88000 | 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 | https://www.pfizer.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
| Amgen Inc | View profile | 26700 | One Amgen Center Drive, Thousand Oaks, CA, United States, 91320-1799 | https://www.amgen.com |
| Novartis AG ADR | View profile | 76057 | Lichtstrasse 35, Basel, Switzerland, 4056 | https://www.novartis.com |
Middle East & Africa 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 100% in 2021. Horizon Databook has segmented the Middle East & Africa t-cell therapy market based on commercialized covering the revenue growth of each sub-segment from 2018 to 2028.
The MEA region consists of countries such as South Africa and Saudi Arabia. According to WHO, noncommunicable diseases and injuries account for 49% of the deaths in South Africa. Various initiatives have been undertaken by the government to reduce the incidence of these diseases.
For instance, National Health Promotion Foundation in South Africa monitors the prevalence and suggests measures to reduce the incidence. Growing healthcare awareness, increasing penetration of health insurance, and privatization are some of the factors anticipated to fuel market growth in this region.
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Target buyers of Middle East & Africa t-cell therapy market databook
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Our clientele includes a mix of t-cell therapy market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa t-cell therapy market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa t-cell therapy market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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MEA t cell therapy market size, by country, 2018-2028 (US$M)
Middle East & Africa T-cell Therapy Market Outlook Share, 2021 & 2028 (US$M)
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