Industry Outlook
T-cell lymphoma treatment market accounted for a market value of US$ 1300.8 Mn in 2021 and projected to grow at a CAGR of 11.7% during the forecast period from 2025 to 2033. Lymphoma is divided into two types Hodgkin’s lymphoma, and non-Hodgkin’s lymphoma. Non-Hodgkin’s lymphoma is segmented as B-cell lymphoma and T-cell lymphoma, B-cell lymphoma accounted nearly 85% of the lymphoma diagnoses and remaining 15% being T-cell lymphoma. T-cell lymphoma is considered as the most complex lymphoma which makes it very difficult to diagnose. However, developing diagnostic technologies and incessant research and development in the field of T-cell lymphoma treatment is expected to assist the growth of this market throughout the forecast period. On 16th November 2021, FDA approved first-line treatment for peripheral T-cell lymphoma named Adcertis (brentuximab vedotin) in combination with chemotherapy for adult patients with specific types of peripheral T-cell lymphoma (PTCL). Brentuximab vedotin is a monoclonal antibody that binds to a protein (called CD30) identified on some cancer cells. Thus, such novel drug therapies entering in the T-cell lymphoma treatment market expected to drive the overall growth of the market throughout the forecast period from 2025 to 2033.
pheral T-cell lymphoma expected to be the fastest growing T-cell lymphoma treatment market"
According to Premera Blue Cross, the projected annual incidence of CTCL is 0.4 to 1 case per 100,000 (or 1,000 to 3,000 new cases per year) in the United States. However, mortality rate of CTCL is not high and patients can live with CTCL around 10 or more. The average estimated prevalence of CTCL in the U.S. is approximately 20,000. Thus, this makes CTCL most prevalent type of t-cell lymphoma providing it overall market share of 32% in T-cell lymphoma treatment market for year 2020. However, promising pipeline and recent drug approvals such as Adcertis makes PTCL one of the fastest growing T-cell lymphoma type market throughout the forecast period from 2025 to 2033.
"North America identified as the largest and fastest growing T-cell lymphoma treatment market due to introduction of novel therapies & high prevalence rate of T-cell lymphoma"
North America will maintain its dominance throughout the forecast period in T-cell lymphoma treatment market due to key driving factors such as rising prevalence & awareness related to T-cell lymphoma, promising drug pipeline & upcoming drug launches, and increasing demand for target-specific & safe drugs. According to cutaneous lymphoma foundation, CTCL is a rare disease with around 3,000 new cases recorded in the United States each year. CTCL found usually in men compared to women and specifically in patients aged above 50 years.
The key players present in the market analyzed based on product portfolio, financial information, recent market updates, and key market strategies. This report also comprises attractive investment proposition analyzed with the help of exhaustive geographical research based on PESTEL analysis. Key players profiled in the report include 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.
Historical & Forecast Period
This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of T-Cell Lymphoma Treatment market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2023-2033 |
Base Year | 2024 |
Forecast Period | 2025-2033 |
Historical Year | 2023 |
Unit | USD Million |
Segmentation | |
Type
| |
Drugs
| |
Region Segment (2023-2033; US$ Million)
|
Key questions answered in this report