According to the report, the global engineered T cells market garnered $146 million in 2016 and is projected to accrue a sum of $2,124 million by 2023, growing at a CAGR of 46.5% from 2017 to 2023. The report offers information on the drivers, restraints, & opportunities, top investment pockets, market segments, market size & share, and the competitive landscape. These insights are helpful for market players, investors, stakeholders, and new entrants to gain major market share and international presence.
The report elaborately analyzes the drivers, restraints, and opportunities of the engineered T cells market. Factors such as increase in government expenditure for the healthcare sector, increased access to medical insurance, increase in geriatric population, and increase in prevalence of cancer diseases drive the growth of the market. However, risk of allergic reaction and limitations of the engineered T cells treatment, stringent government regulations, and high cost of engineered T cells treatment hinder the growth of the market. Conversely, Increase in R&D in engineered T cells and lucrative opportunities from emerging economies offer significant growth opportunities to the market players.
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The report presents a detailed analysis of the segments of the engineered T cells market. The market is classified into type, application, end user, and geography. Based on type, the study is bifurcated into tumor infiltrating lymphocytes, T cell receptor, and chimeric antigen receptor. Based on application, the market is divided into lung cancer, breast cancer, colorectal cancer, melanoma, leukemia, and others. The end user segment is bifurcated into hospitals, cancer research centers, and clinics. Regionally, the market analysis covers North America, Europe, Asia-Pacific, and LAMEA. The market analysis in North America covers the U.S., Canada, and Mexico. The market analysis in Europe covers UK, Germany, France, Italy, and the rest of Europe. The study in the Asia-Pacific region covers China, Japan, India, South Korea, Taiwan, Australia, and the rest of Asia-Pacific. In LAMEA, the market study covers Brazil, Turkey, Saudi Arabia, South Africa, and the rest of LAMEA.
A broad analysis of the players operating in the engineered T cells market is also offered in the study. Details such as their overview, their business segments under operation, key strategic moves and developments, and more are explained. The companies profiled in the report include Autolus Limited, Bellicum Pharmaceuticals, Inc., Cells Medica, Elli Lilly and Company, Gilead Sciences, Inc., Juno Therapeutics, Novartis AG, Oxford Biomedica, Pfizer Inc., and Precision Bioscience.
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