Cancer cell market

Cancer Cell Market, by Cancer Cell Type (Carcinomas, Sarcomas, Leukemia, and Others), by Application (Chemotherapy, Radiation Therapy, Immunotherapy, Hormone Therapy, Targeted Drug Therapy, and Others), by End User (Hospitals & Clinics, Specialty Clinics, and Diagnostic Laboratories), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

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Dec 2020
CMI4338
175 Pages
Excel & Pdf
Pharmaceutical

Summary

Cancer cells are different from normal cells, as normal cells can result in generation of cancerous cells, when a series of mutations leads the normal cell to continue to grow and divide out of control. Cancer cells have the ability to travel or invade nearby tissues and thus spread to different regions of body, unlike normal cells that remain in the region, where they began. Cancer cells are generated in the human body through a series of genetic and epigenetic changes. Some of these changes may be either inherited or more often, caused by carcinogens (cancer causing substances) such as tobacco and others.

The global cancer cell market is estimated to be valued at US$ 8,525.5 million in 2020 and is expected to exhibit a CAGR of 8.20 % during the forecast period (2020-2027).

Figure 1. Global Cancer Cell Market Value (US$ Mn), 2016-2027

Increasing prevalence of cancers such as lung cancer, breast cancer, and others is expected to propel growth of the global cancer cell market during the forecast period. For instance, according to the World Health Organization report published in 2018, stated that cancer is the second leading cause of death in people globally and caused around 9.6 million deaths, globally in the year 2018.

Furthermore, key companies focusing on inorganic strategies such as mergers and acquisitions to launch new targeted cell therapies for the treatment of people suffering from cancer, are expected to drive growth of the market. For instance, in 2018, Pfizer, Inc. announced its merger with Allogene to develop an investigational CAR-T cell therapy for the treatment of cancer.

Cancer Cell Market Report Coverage

Report Coverage	Details
Base Year:	2019	Market Size in 2020:	US$ 8,525.5 Mn
Historical Data for:	2016 to 2019	Forecast Period:	2020 to 2027
Forecast Period 2020 to 2027 CAGR:	8.20 %	2027 Value Projection:	US$ 8,525.5 Mn
Geographies covered:	North America: U.S. and Canada Latin America: Brazil, Argentina, Mexico, and Rest of Latin America Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Middle East: GCC, Israel, and Rest of the Middle East Africa: South Africa, North Africa, and Central Africa
Segments covered:	By Cancer Cell Type: Carcinomas, Sarcomas, Leukemia, Others. By Application: Chemotherapy, Radiation Therapy, Immuno-therapy, Hormone Therapy, Targeted Drug Therapy, Others. By End User: Hospital & Clinics, Specialty Clinics, Diagnostic Laboratories.
Companies covered:	Abbott Laboratories, Novartis International AG, Arcellx, Autolus Therapeutics, Kite Pharma, Cellectis, Celyad Oncology, Crescendo Biologics Limited, GammaDelta Therapeutics Ltd., Bio-Rad Laboratories Inc, QIAGEN Inc, Thermo Fisher Scientific, Merck Millipore, Siemens Healthineers AG, and GE Healthcare.
Growth Drivers:	Increasing prevalence of cancers such as head and neck cancer, lung cancer, and breast cancer globally Key players focusing on research and development for the treatment of various cancers
Restraints & Challenges:	Stringent regulatory scenario for approval of cancer cell therapies

Global Cancer Cell Market – Impact of Coronavirus (COVID-19)

Following the outbreak of COVID-19 in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization declared it a public health emergency. According to the World Health Organization’s report, manifestation of coronavirus (COVID-19) has resulted in over 67 million infected individuals worldwide as of December 07, 2020.

The coronavirus (COVID-19) pandemic and resulting lockdown in various countries across the globe have impacted the financial status of major companies in cancer cell market. The private healthcare sector is one of the sectors, which has been majorly impacted by the COVID-19 pandemic. The pandemic has negatively impacted the global cancer cell market in various aspects such as research and development, production, and supply of medicines and also affected growth of the pharmaceutical businesses of various companies across the globe due to lockdowns implemented by governments of several countries. The nationwide lockdowns have led to closure of industrial establishments, except manufacturing of essential commodities and disruption in supply chain of the raw materials and drugs for therapeutic use.

Figure 2. Global Cancer Cell Market Share (%), By Region, 2020

North America is expected to hold dominant position in the global cancer cell market during the forecast period, owing to key companies focusing on inorganic strategies such as mergers and acquisitions for developing the treatment of various cancers such as lung cancer and others. For instance, in August 2020, Siemens Healthineers announced its merger with Varian Medical Systems, a manufacturer of radiation therapy hardware and software to build out its cancer care offerings and provide a screening platform and diagnosis for the better and efficient treatment for cancer.

Key Players

Major players operating in the global cancer cell market include Abbott Laboratories, Novartis International AG, Arcellx, Autolus Therapeutics, Kite Pharma, Cellectis, Celyad Oncology, Crescendo Biologics Limited, GammaDelta Therapeutics Ltd., Bio-Rad Laboratories Inc, QIAGEN Inc, Thermo Fisher Scientific, Merck Millipore, Siemens Healthineers AG, and GE Healthcare.

Table of Content

*Browse 33 market data tables and 32 figures on " Cancer Cell Market – Global forecast to 2027”.

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- Frequently Asked Questions -

What is the current market size and compound annual growth rate (CAGR) of the market during the forecast period (2020-2027)?

The global cancer cell market size is estimated to be valued at US$ 8,525.5 million in 2020 and is expected to exhibit a CAGR of 8.20 % between 2020 and 2027.

What are the major drivers for growth of the global cancer cell market?

Increasing prevalence of cancers such as head and neck cancer, lung cancer, and breast cancer globally and key players focusing on research and development for the treatment of various cancers are expected to drive growth of the global cancer cell market.

Which is the leading cancer cell type segment in the global cancer cell market?

Carcinomas segment is estimated to hold major market share in the global cancer cell market during the forecast period, owing to an increasing prevalence of cancer that arise in epithelial cells present in body cavities, in individuals globally.

Which is the leading application segment in the global cancer cell market?

Chemotherapy segment is estimated to hold major market share in the global cancer cell market during the forecast period, owing to chemotherapy exhibiting high efficiency and safety of patients, while treating cancer.

Which region is estimated to generate the largest market share in 2020 in the global cancer cell market?

North America is estimated to generate largest revenue share in 2020 in the global cancer cell market.

What are the key factors hampering growth of the market?

CAR-T increases the release of cytokines in the body which leads to high fevers and low blood pressure in individuals and high restrictions on the regulatory approval of cancer cell therapies are the key factor that is expected to hamper growth of the market.