With 28.7% CAGR, Middle East and Africa CAR-T Cell Therapy Treatment Market Size Worth USD 48.42 Million by 2028
Middle East and Africa CAR-T Cell Therapy Treatment Market
Middle East and Africa CAR-T Cell Therapy Treatment Market Industry Analysis and Forecast 2028
PUNE, MAHARASHTRA, INDIA, September 6, 2022 /EINPresswire.com/ -- Middle East and Africa CAR-T Cell Therapy Treatment Market business report provides accurate market research that aids identify business areas that are performing well, those that need more attention, and also those that business should perhaps give up. If business has got their pulse on what customer is thinking, they can create products that solve their issues, reach out to them when they are most ready to listen, and help them become loyal ambassadors. The universal Middle East and Africa CAR-T Cell Therapy Treatment Market report makes it possible, to follow what customers are talking about, listening to them, and then delivering on their needs with its timely customer-centered market research
Middle East and Africa CAR-T cell therapy treatment market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 28.7% in the forecast period of 2021 to 2028 and is expected to reach USD 48.42 million by 2028. Rise in awareness about immunotherapies and adoption of natural killer (NK) cell therapy in emerging markets are the major drivers which propelled the demand of the market in the forecast period.
CAR-T cell therapy treatment comprises features such increasing need for safe and effective product will impact in launching new product by the manufactures into the market which enhance its demand as well as increasing investment in research and development leads to the market growth. Rising investment in research regarding the development of CAR-T cell therapy is expected to provide various other opportunities in the CAR-T cell therapy treatment market. However, adverse side effects of therapies and high cost associated with therapies expected to restraint the market growth in the forecast period.
The demand for the CAR-T cell therapy treatment has been increased in both developed as well as in developing countries and the reason behind this is a rise in awareness about immunotherapies for the CAR-T cell therapy treatment and increase in investment for research and development. The CAR-T cell therapy treatment market will grow in the forecasted period with the increasing prevalence of cancers.
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Middle East and Africa CAR-T Cell Therapy Treatment Market Scope and Market Size
CAR-T cell therapy treatment market is segmented on the based on the basis of product, structure, targeted antigens, brand, therapeutic application, end user, distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of product, the CAR-T cell therapy treatment market is segmented into autologous CAR-T cells and allogeneic CAR-T cells. In 2021, autologous CAR-T cells segment is expected to dominate the CAR-T cell therapy treatment market because the drugs approved for CAR-T cell therapy are autologous in nature. These cells are easy to manufacture because they are derived from the patient own cells or plasma. Moreover, intensive research is ongoing on autologous cells.
On the basis of structure, the CAR-T cell therapy treatment market is segmented into first generation CAR-T cells, second generation CAR-T cells, third generation CAR-T cells and fourth generation CAR-T cells. In 2021, second generation CAR-T cells segment is expected to dominate the CAR-T cell therapy treatment market because the approved therapies are second generation based structure. Moreover, second generation are highly specific in nature which recognizes and binds tumor specific antigens.
On the basis of targeted antigens, the CAR-T cell therapy treatment market is segmented into antigens on solid tumors, antigens on hematologic malignancies and others. In 2021, antigens on hematologic malignancies segment is expected to dominate the CAR-T cell therapy treatment market because drugs approved for CAR-T cell therapy are majorly used for hematologic malignancies and ongoing extensive research development.
On the basis of brand, the CAR-T cell therapy treatment market is segmented into yescarta, kymriah, tecartus and others. In 2021, yescarta segment is expected to dominate the CAR-T cell therapy treatment market because yescarta is the first approved CAR-T cell therapy for oncology therapeutic class. Moreover, yescarta accounts the highest sale.
On the basis of therapeutic application, the CAR-T cell therapy treatment market is segmented into hematological malignancies, pancreatic cancer, breast cancer, lung cancer, gastric cancer, multiple myeloma, chronic lymphocytic leukemia, mantle cell lymphoma, follicular lymphoma, diffuse large B-cell lymphoma, acute lymphoblastic leukemia and others. In 2021, hematological malignancies segment is expected to dominate the CAR-T cell therapy treatment market because yescarta accounts the major revenue in the market and the follicular lymphoma is the major indication for yescarta.
On the basis of end user, the CAR-T cell therapy treatment market is segmented into hospitals, specialty clinics and others. In 2021, hospitals segment is dominating the CAR-T cell therapy treatment market because CAR-T cell therapy required highly trained professionals with advanced technology laboratories. So, the hospitals have all the advanced equipment and technology with trained professionals.
On the basis of distribution channel, the CAR-T cell therapy treatment market is segmented into hospitals pharmacy and others. In 2021, hospitals pharmacy segment is expected to dominate the CAR-T cell therapy treatment distribution channel because hospitals pharmacy are the central part of the hospitals, all the infusion related and medication related delivery sold by the pharmacy department.
CAR-T Cell Therapy Treatment Market Country Level Analysis
The CAR-T cell therapy treatment market is analyzed and market size information is provided on the basis of product, structure, targeted antigens, brand, therapeutic application, end user, distribution channel as referenced above.
The countries covered in the CAR-T cell therapy treatment market report are the Saudi Arabia, South Africa, UAE, Israel, Kuwait, Egypt and Rest of Middle East and Africa.
Hospital pharmacy segment in Middle East and Africa region is expected to grow with the highest growth rate in the forecast period of 2021 to 2028 due to continuous development of healthcare infrastructure. Saudi Arabia is leading the growth of the Middle East and Africa market and hospital pharmacy segment is dominating in this country due to increasing prevalence of various cancers.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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Rise in Awareness about Immunotherapies and Increasing Investment in Research and Development are Boosting the Market Growth of CAR-T Cell Therapy Treatment Market
CAR-T cell therapy treatment market also provides you with detailed market analysis for every country growth in CAR-T cell therapy treatment industry with CAR-T cell therapy treatment drugs sales, impact of advancement in the CAR-T cell therapy treatment technology and changes in regulatory scenarios with their support for the CAR-T cell therapy treatment market. The data is available for historic period 2010 to 2019.
Competitive Landscape and CAR-T Cell Therapy Treatment Market Share Analysis
CAR-T cell therapy treatment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to CAR-T cell therapy treatment market.
The major companies which are dealing in the CAR-T cell therapy treatment are Amgen Inc., Bellicum Phamaceuticals, Inc., Johnson & Johnson Services, AbbVie Inc., Novartis AG, and TC BIOPHARM, Celyad Oncology, Tessa Therapeutics Ltd, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Customization Available: Middle East and Africa CAR-T Cell Therapy Treatment Market
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