Home / Press Release / Global T-Cell Lymphoma Treatment Market Is Expected To Reach US$ 2,288.1 Mn By 2026

Global T-Cell Lymphoma Treatment Market Is Expected To Reach US$ 2,288.1 Mn By 2026

According to the latest report published by Credence Research, Inc. “T-cell Lymphoma Treatment Market - Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global T-cell lymphoma treatment market was valued at USD 862.1 Mn in 2017, and is expected to reach USD 2,288.1 Mn by 2026, expanding at a CAGR of 11.7% from 2018 to 2026.

Browse the full report T-cell Lymphoma Treatment Market - Growth, Future Prospects and Competitive Analysis, 2018-2026 report at  https://www.credenceresearch.com/report/t-cell-lymphoma-treatment-market

Market Insights

On 16 November 2018, United States Food and Drug Administration approved Acedtris (brentuximab vedotin) along with chemotherapy against certain types of peripheral T-cell lymphoma (PTCL). Acedtris is a monoclonal antibody owned by Seattle Genetics and specifically approved for untreated systemic anaplastic large cell lymphoma (ALCL) and other CD30-expressing PTCLs along with chemotherapy. According to market experts, this product approval is expected to increase the growth of T-cell lymphoma treatment market throughout the forecast period 2018 to 2026. According to USFDA, PTCLs are rare and rapidly growing non-Hodgkin lymphomas that progress from T-cells, T-cell lymphoma accounts for 10% to 15% of all non-Hodgkin lymphomas (NHL). Thus, recent market approvals and development in T-cell lymphoma diagnosis is expected to drive the overall market growth of T-cell lymphoma treatment.

According to Leukemia & Lymphoma Society, the incidence of cutaneous T-cell lymphoma (CTCL) increases along with age, on an average the diseases onset is observed on age group of 50 to 60 years. Thus, rising geriatric population in regions such as Asia, Europe & North America is identified as the major driver in the growth of T-cell lymphoma treatment market during the forecast period.  Peripheral T-cell lymphoma and cutaneous T-cell lymphoma were observed as the most prevalent T-cell lymphomas and together accounted more than 50% of the market share in 2017. Increasing number of drug approvals and products under pipeline targeting specifically peripheral T-cell lymphoma and cutaneous T-cell lymphoma are the key indications that market will be dominated by these two types throughout the forecast period from 2018 to 2026.

Developing methodologies in drug discovery, market introduction of target-specific drugs, promising pipeline are the key factors responsible for growth of T cell lymphoma treatment market. On the basis of drug type, targeted drug therapies accounted for the largest market share due to high treatment efficiency & survival rate compared to chemotherapy, increasing awareness & demand related to novel therapies in medical practitioners, and targeted therapies have high cost compared to other drug treatments (excluding gene therapy).

Gene therapy drugs were observed as the fastest growing segment during the forecast period 2018 to 2026 due to key driving factors such as increasing prevalence of NHL due to developing diagnostic techniques, mounting research & development in the immune-oncology, and huge funding from government health institutions & non-government organizations in development of CAR-T cell therapy. However, its high cost gene therapy will slowly penetrate in the market. According to the American Society of Clinical Oncology (ASCO) CAR-T cell therapies carry hefty price tags: US$475,000 (tisagenlecleucel) and US$373,000 (axicabtagene ciloleucel). However, these prices comprises only the cost of extracting T-cell from patients and processing them to produce chimeric antigen receptors (CARs) on the surface of the cells, and transferring these cells back into the patient.  The market experts suggested that if prices related to hospital stays, supportive care, or physician visits, will be included in the treatment then the therapy cost per patient will be more than US$1 million.

Market Competition Assessment:

The growth of T-cell lymphoma treatment is at significant pace and key companies operating in this market are focusing on development of drugs which will provide life longevity and safe results against T-cell lymphoma. The key market players are Actelion Pharmaceuticals, Spectrum Pharmaceuticals, Bristol-Myers Squibb, Celgene Corporation, Seattle Genetics, Shenzen ChipScreen Biosciences, Ltd., Genmab A/S, Medivir AB, Amgen, Inc., Eisai, Inc., F. Hoffman La-Roche, and Sorrento Therapeutics, Inc., among others.

Key Market Movements:

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