PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1462942
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1462942
Immune Cell Engineering Market size was valued at USD 2,922.5 Million in 2023, expanding at a CAGR of 20.5% from 2024 to 2032.
Immune cell engineering involves the modification of immune cells like T cells, NK cells, and dendritic cells for both research and therapeutic purposes. These applications range from the development of immunotherapies such as CAR T-cell therapy to the study of immune responses and drug discovery.
Immune Cell Engineering Market- Market Dynamics
Increasing demand for advanced cell therapies to propel market demand
The global market for immune cell engineering offers lucrative prospects for companies operating in the field, given the increasing demand for advanced cell therapies. Therapies employing engineered T cells or chimeric antigen receptor (CAR) T cells have demonstrated promising outcomes in clinical trials for cancer treatment. Key market drivers include significant investments in immunotherapies by major pharmaceutical firms and the expansion of clinical trials focusing on immune cell therapies. The ongoing progress in gene editing, cell isolation, and expansion technologies is substantially fueling the expansion of the immune cell engineering sector. The emergence of effective gene editing tools such as CRISPR/Cas9 has facilitated precise and safer alterations in immune cells. Concurrently, advancements in technologies like microfluidics and high-throughput assays are streamlining cell engineering processes. Moreover, the deepening comprehension of immune cell signaling pathways and interactions is empowering the development of more potent immune cell therapies. These continual technological advancements are anticipated to broaden the horizons and utility of engineered immune cells.
Immune Cell Engineering Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 20.5% over the forecast period (2024-2032)
Based on cell type segmentation, T cells was predicted to show maximum market share in the year 2023
Based on application segmentation, Cell Therapy & Regenerative Medicine was the leading type in 2023
On the basis of region, North America was the leading revenue generator in 2023
The Global Immune Cell Engineering Market is segmented on the basis of Cell Type, Product Type, Disease Indication, Application, and Region.
The market is divided into six categories based on Cell Type: T Cells, NK Cells, Dendritic Cells, Tumor Cells, Stem Cells, and others. In the Immune Cell Engineering market, T cells dominate among cell types. T cells are pivotal players in the immune system, possessing the capability to recognize and eliminate infected or cancerous cells. Their dominance stems from their versatile nature and crucial role in various immunotherapeutic approaches, particularly in CAR T-cell therapy. This therapy involves modifying T cells to express chimeric antigen receptors (CARs), enabling them to target and destroy cancer cells with precision. As CAR T-cell therapy gains traction in cancer treatment, the demand for engineered T cells continues to rise, driving their dominance in the market.
The market is divided into three categories based on application: Research Applications, Cell Therapy & Regenerative Medicine, and others. In terms of applications, Cell Therapy & Regenerative Medicine stands out as the dominating segment. This dominance is attributed to the transformative potential of immune cell engineering in developing novel cell-based therapies for various diseases. Cell therapy harnesses the therapeutic potential of engineered immune cells, such as T cells and stem cells, to treat cancer, autoimmune disorders, and regenerative medicine applications. CAR T-cell therapy, in particular, has revolutionized cancer treatment by offering personalized and targeted therapies with remarkable clinical outcomes. Additionally, the field of regenerative medicine utilizes engineered immune cells to repair and regenerate damaged tissues and organs, paving the way for innovative treatment approaches. The significant clinical success and broad therapeutic applications of immune cell-based therapies position Cell Therapy & Regenerative Medicine as the dominant application in the Immune Cell Engineering market.
Immune Cell Engineering Market- Geographical Insights
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
In August 2023, Astellas Pharma, Inc., a pharmaceutical company, and Poseida Therapeutics, a clinical-stage company, forged a strategic investment agreement to advance the development of cell therapies for cancer. Astellas committed a total of US$ 50 million, including a one-time US$ 25 million payment, to gain exclusive negotiation rights and first refusal to license one of Poseida's clinical-stage programs, P-MUC1C-ALLO1. This program focuses on developing an allogeneic chimeric antigen T cell (CAR-T) therapy for various solid tumor indications.
GLOBAL IMMUNE CELL ENGINEERING MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHT
Thermo Fisher Scientific Inc.
Merck KGaA
Danaher Corporation
Lonza
Miltenyi Biotec
Takara Bio Inc.
Sartorius CellGenix GmbH
FUJIFILM Irvine Scientific
Agilent Technologies, Inc.
Bio-Techne
Bio-Rad Laboratories, Inc.
Becton, Dickinson and Company
Charles River Laboratories
Creative Bioarray
Sartorius AG
Novogene Co, Ltd.
AGC Biologics
Catalent, Inc.
WuXi AppTec
Others