Cancer accounts for nearly 1 in 6 deaths worldwide, accounting
for nearly 10 million deaths annually, as per World Health Organization
statistics. However, early detection and effective treatment of cancers could
help reduce the mortality rate. The ground-breaking and game-changing CAR
T-cell therapy, a kind of immunotherapy, is evolving as a promising treatment
for cancer patients who have not responded to standard treatment. CAR T-cell
therapy is designed to genetically alter a patient’s immune cells to prepare
them for attacking the cancer cells. The treatment involves collecting
lymphocytes (also known as T-cells), sending them to the lab for genetic
modification, and then infusing them into the same patient. Since the advent of
the treatment, CAR T-cell therapy has amassed a lot of popularity among
patients and the medical fraternity. Different kinds of CAR T-cell therapies
have entered mainstream cancer treatment and become a quintessential part of
modern medicine after approval from Food & Drug Administration.
Faster approval of CAR T-cell therapy from regulatory bodies, an
increase in the number of cell therapy clinical studies and flourishing
pharmaceutical research expenditure by both government and private sectors are
boosting the growth of the global CAR T-cell therapy market. In April 2022,
Gilead Lifesciences’s Yescarta received US FDA approval as the first CAR T-cell
therapy for the initial treatment of relapsed or refractory large B-cell
Lymphoma among adults. Currently, Yescarta accounts for 45.64% of the global
CAR T-cell market. However, Tecartus is expected to register the fastest growth
during the forecast period.
Huge Investments in CAR T-cell Therapy to Drive Market
Growth
Biotech and pharmaceutical organizations are investing in
R&D initiatives to advance the technology and enhance the
cost-effectiveness of the treatment to make it accessible and affordable. In
December 2021, Novartis announced T-Charge, the company’s next-generation CAR-T
platform that will serve as a foundation for various experimental CAR T-cell
therapies. The experiments will help attain a better understanding of the new
products that have the potential to offer patients better and long-term
outcomes. In Feb 2022, CARsgen Therapeutics, a company focused on innovative
CAR T-cell therapies, announced the commencement of operations at the
state-of-the-art RTP Manufacturing Facility. The facility will support the
company’s clinical studies and commercial launches in North America and
Europe.
Expedited Regulatory Approvals for CAR T-cell Therapies
CAR T-cell therapies are designed for potentially fatal diseases
and address unmet medical needs. Hence, the Food & Drug Administration has
put forth expedited programs enabling accelerated treatment development for
life-threatening conditions. Accelerated approval allows for shortening review
lifetime based on a surrogate endpoint, a predictive measure of clinical
benefit rather than a measurable direct clinic benefit. Besides FDA, other
regulatory bodies such as the European Commission are building regulations to
support the accelerated assessment of medicines, which is expected to fuel the
growth of the global CAR T-cell therapy market.
The manufacturing complexity of CAR T-cells remains a major
reason for the exorbitant cost of the treatment and its limited availability.
However, Biotechnology Industry Research Assistance Council (BIRAC) is taking
initiatives to support the greater accessibility and affordability of the CAR
T-cell treatment.
According
to TechSci Research report on “CAR-T
Cell Therapy Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027
Segmented By Product Type (Yescarta (Axicabtagene Ciloleucel), Kymriah
(Tisagenlecleucel), Tecartus (Brexucabtagene Autoleucel), Breyanzi
(Lisocabtagene Maraleucel), Abecma (Idecabtagene Vicleucel), Others), By Tumor
Type (Hematological Malignancies, Solid Tumors), By Indication (Diffused Large
B-Cell Lymphoma (DLBCL), Acute Lymphoblastic Leukemia (ALL), Follicular
Lymphoma (FL), Mantle Cell Lymphoma (MCL), Others), By Treatment Type (Single
Treatment, Combination Treatment), By Targeted Antigen (CD 19, BCMA (B-Cell
Maturation Antigen), Others), By End User (Hospitals, Specialty Clinics,
Ambulatory Surgical Centers, Others), By Region, By Company”,
the global CAR T-cell therapy market is expected to grow at a CAGR of 64.66%
during the forecast period. The market growth can be attributed to the rising
demand for CAR T-cells for cancer treatment and an increase in the number of
cell therapy clinical studies.Web: https://www.techsciresearch.com