According to IMARC Group latest report titled” T-cell Therapy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market exhibited strong growth during 2015-2020. The Global T-cell Therapy Market to grow at a CAGR of around 15% during the forecast period (2021-2026). T-cell therapy is a type of immunotherapy that uses altered white blood cells to treat cancer. This procedure involves collecting T-cells from the blood through apheresis, which are later modified in a laboratory to produce special structures known as chimeric antigen receptors (CARs). These re-engineered cells are multiplied and reinfused into the body to eliminate tumor cells. T-cell therapy is primarily used for treating blood cancer and is also being studied for treating various types of cancer.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The rising prevalence of cancer is creating an inflating demand for targeted anti-cancer therapies with minimal side effects, which is majorly propelling the global T-cell therapy market growth. Apart from this, the onset of coronavirus disease (COVID-19) has prompted researchers to adopt T-cell therapy to treat critically affected patients, which is further supporting the market growth. Moreover, governments of several nations are introducing favorable policies to accelerate oncological research studies, which is creating a positive outlook for the market.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
T-cell Therapy Market Segmentation:
Our report has categorized the market based on Region, Modality, Therapy Type and Indication.
Market Breakup by Modality:
Market Breakup by Therapy Type:
Market Breakup by Indication:
Market Breakup by Region:
Key highlights of the report:
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