The Tumor Infiltrating Lymphocytes by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Tumor Infiltrating Lymphocytes, The tumor infiltrating lymphocytes market size has grown rapidly in recent years. It will grow from $9.34 billion in 2023 to $10.72 billion in 2024 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to increasing cancer incidence, research funding, regulatory approvals, growing awareness, clinical success and efficacy.
The tumor infiltrating lymphocytes market size is expected to see rapid growth in the next few years. It will grow to $18.32 billion in 2028 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to pipeline developments, increasing healthcare expenditure, emerging markets, strategic alliances, regulatory support, patient demand. Major trends in the forecast period include advancements in immunotherapy, research and development initiatives, regulatory landscape, personalized medicine, market competition.
The rising number of cancer patients is expected to propel the growth of the tumor infiltrated lymphocytes (TIL) market going forward. Cancer is a condition in which some cells in the body develop uncontrollably and spread to other regions of the body, leading to a range of health issues, some of which can be fatal. Tumor-infiltrating lymphocytes are a type of immune cell that can detect and destroy cancer cells. Tumor-infiltrating lymphocytes are extracted from a patient’s tumor and grown externally in massive numbers in a laboratory before being infused back into the patient to assist the immune system in killing the cancer cells. For instance, in January 2022, according to the American Cancer Society, a US-based volunteer health organization committed to cancer, in 2022, there were 1,918,030 new cancer cases and 609,360 cancer deaths projected. Whereas in 2020, there were 1,806,590 new cancer cases and 606,520 cancer deaths projected. Therefore, the rise in cancer patients will drive the tumor infiltrated lymphocyte market.
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The tumor infiltrating lymphocytes market covered in this report is segmented –
1) Tumor Infiltrating Lymphocytes Market By Anatomy: CD3, CD8, CD16, CD56, CD4, CD57, CD169, CD68, FOXP3
2) Tumor Infiltrating Lymphocytes Market By Component: T-Cells, B-Cells, Natural Killer Cells
3) Tumor Infiltrating Lymphocytes Market By Application: Melanoma, Cervical Cancer, Ovarian Cancer, Other Applications
4) Tumor Infiltrating Lymphocytes Market By End-User: Hospitals, Cancer Research Centers, Clinics
Top Major Players
Technological advancements are a key trend in gaining popularity in the tumor infiltrating lymphocytes market. Major companies operating in the tumor-infiltrating lymphocytes market are focused on developing technologically advanced solutions to strengthen their position in the market. For instance, in May 2022, Obsidian Therapeutics Inc., a US-based biotechnology firm that develops engineered tumor-infiltrating lymphocytes (TIL cells) and gene treatments, announced the release of cytoDRIVE technology. The new technology’s data shows how to precisely regulate the time and level of protein activity using FDA-approved small chemicals. Using powerful cytokines like IL12 to support cell treatments, is a potential technique for treating solid cancers. The findings show that numerous cytokines, including IL12, IL23, IL2, and IFN, may be regulated robustly and reversibly, possibly allowing for their safe usage in adoptive cell therapy applications.
The tumor infiltrating lymphocytes market report table of contents includes:
1. Executive Summary
2. Tumor Infiltrating Lymphocytes Market Characteristics
3. Tumor Infiltrating Lymphocytes Market Trends And Strategies
4. Tumor Infiltrating Lymphocytes Market – Macro Economic Scenario
5. Global Tumor Infiltrating Lymphocytes Market Size and Growth
….
31. Global Tumor Infiltrating Lymphocytes Market Competitive Benchmarking
32. Global Tumor Infiltrating Lymphocytes Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Tumor Infiltrating Lymphocytes Market
34. Tumor Infiltrating Lymphocytes Market Future Outlook and Potential Analysis
35. Appendix
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