North America T-cell Therapy Market Size & Outlook
North America t-cell therapy market, 2018-2028 (US$M)
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North America t-cell therapy market highlights
- The North America t-cell therapy market generated a revenue of USD 2,657.0 million in 2021.
- The market is expected to grow at a CAGR of 18.8% from 2022 to 2028.
- In terms of segment, commercialized was the largest revenue generating modality type in 2021.
- Research is the most lucrative modality type segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2022 to 2028.
North America data book summary
| Market revenue in 2021 | USD 2,657.0 million |
| Market revenue in 2028 | USD 8,866.2 million |
| Growth rate | 18.8% (CAGR from 2021 to 2028) |
| Largest segment | Commercialized |
| Fastest growing segment | Research |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, North America region accounted for 41.7% 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.
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T-cell Therapy Market Scope
T-cell Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 59.28% in 2021. Horizon Databook has segmented the North America t-cell therapy market based on research, commercialized covering the revenue growth of each sub-segment from 2018 to 2028.
North America currently holds the largest share of global T-cell therapy market and is anticipated to continue its dominance over the forecast period. Increasing usage of Adoptive T-Cell Therapy (ACT) for treatment of cancers is one of the major factors propelling market growth. The approval of two CAR T-cell therapies in 2017 for the treatment of Acute Lymphoblastic Leukemia (ALL) and advanced lymphomas has led to an increase in their adoption in the U.S. and Canada.
Presence of major manufacturers and economic development are some of the major factors propelling the growth of North America T-cell therapy market. Most manufacturers are focusing on development, commercialization, and distribution of advanced products to cater to the growing cancer patient pool in the region.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America t-cell therapy market , including forecasts for subscribers. This continent databook contains high-level insights into North America t-cell therapy market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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North America t cell therapy market size, by country, 2018-2028 (US$M)
North America T-cell Therapy Market Outlook Share, 2021 & 2028 (US$M)
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