Car T Cell Therapy Market 2019 Demand & Future Scope Including Top Players 2026 by swapna · December 10 Wholesale Jerseys Cheap , 2019
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Key Takeaways – CAR T-cell Therapy Market Study
Increasing product availability, improving reimbursement scenarios, and expanding patient pool of relapsed cancer will remain the key factors shaping CAR T-cell therapy market landscape in Europe. High price point of CAR T-cell therapy continues to hamper its adoption for relapsed cancer treatment. To tackle this issue, Novartis AG Wholesale Jerseys From China , the pioneering CAR T-cell therapy manufacturer agreed for discounted pricing of its products in the U.K. after striking the deal with National Health Service (NHS). In October 2018, NHS also signed a deal with CAR T-cell therapy Yescarta manufacturer, Gilead Sceinces Inc. CAR T-cell therapy agent, bb2121, is in the late stage of clinical development for treatment of multiple myeloma. It would be the first CAR T-cell therapy agent approved for multiple myeloma treatment. Axicabtagene ciloleucel is projected to be a high selling product owing to its comparatively easier and glitch-free manufacturing procedure, compared to tisagenlecleucel. In terms of indication Wholesale Jerseys China , owing to large patient pool of relapsed large B-cell lymphoma, coupled with higher adoption rate of CAR T-cell therapy for its treatment, it is expected to garner higher revenue share as compared to acute lymphoblastic leukemia.
Recently, the U.S. Food and Drug Association (FDA) has granted orphan drug designation to clinical stage CAR T-cell therapies. This development is crucial and will further complement the growth prospects of global CAR T-cell therapy market over the period of next few years.
Strategic Expansion by Dominant Players Benefiting Market
CAR T-cell therapy market is expected to witness significant growth, majorly attributed to new product launches that are lined up in the near future and multiple developments in CAR T-cell therapy targeting other cancer types. North America and Europe are expected to hold a major share in global CAR T-cell therapy market, with active production sites only in the U.S.
Manufacturers thus need to send across sample of T-cells from Europe to the U.S. and then return final products to Europe post manufacturing. This process would increase the overall production costs Wholesale Jerseys , average treatment waiting time for patients, and ultimately limits the potential CAR T-cell therapy market growth. To overcome such challenges, Novartis AG and Gilead Sciences Inc., dominant companies in the CAR T-cell therapy market, are strategizing on expansion to meet the growing CAR T-cell therapy demand in other regions.
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Know More About CAR T-cell Therapy Market Report
Persistence Market Research offers a unique perspective and actionable insights on CAR T-cell therapy in its latest study, presenting historical demand assessment from聽2017 – 2018聽and projections from聽2019 – 2026聽on the basis of product type (axicabtagene ciloleucel Cheap Jerseys China , tisagenlecleucel, lisocabtagene maraleucel and bb2121), indication (relapsed large B-cell lymphoma, acute lymphoblastic leukemia, multiple myeloma), end user (hospitals Cheap Jerseys , cancer treatment centers) in three prominent regions.
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