T-cell Lymphoma Market worth $2.89 billion by 2030 – Exclusive Report by InsightAce Analytic – PR Newswire

JERSEY CITY, N.J., July 12, 2022 /PRNewswire/ -- InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global T-cell Lymphoma MarketBy Lymphoma Type (Peripheral T-Cell Lymphoma (Cutaneous T-Cell Lymphoma, Anaplastic Large Cell Lymphoma, Angio-Immuno-Blastic T-Cell Lymphoma, And Others (Intestinal T-Cell Lymphoma, Follicular T-Cell Lymphoma)) And T-Cell Lymphoblastic Lymphoma), Therapy (Radiotherapy, Chemotherapy, Immunotherapy, Stem Cell Transplantation, And Others (Antiviral Treatment, Etc.)- Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

According to the latest research by InsightAce Analytic, the global T-cell lymphoma market is valued at US$ 1.44 billion in 2021, and it is expected to reach US$ 2.89 billion by 2030, with a CAGR of 8.4% during the forecast period of 2022-2030.

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Lymphoma is a type of blood cancer that develops in the lymphatic system. The body has two prominent lymphocytes that can develop into lymphomas: B-lymphocytes and T-lymphocytes (T-cells). Recent research has shown that malignant T cells control the inflammatory environment, inhibit anti-tumor responses and cellular immunity and form a chronic inflammatory microenvironment that promotes its expansion.

The growth of the T-cell lymphoma market can be attributed to factors such as the rising prevalence of cancer and autoimmune diseases, the growing elderly population, surge in lymphoma cancer incidence due to radiation. Increasing innovations of T-cell lymphoma targeted therapies, growing awareness among the people regarding T-cell Lymphoma and treatments, rising healthcare expenditure, and increasing R&D activities to develop effective T-cell lymphoma-specific therapies are further expected to drive the market growth. The rising incidence of lymphoma cases has encouraged pharmaceutical companies and researchers to invest more in discovering advanced cancer therapies. For instance, Bristol-Myers Squibb (U.S.) got FDA clearance for Istodax (romidepsin), a histone deacetylase (HDAC) inhibitor, as monotherapy for the treatment of peripheral T-cell lymphoma (PTCL) in adults who have undergone at least one previous therapy. Thus, the increasing R&D activities are projected to offer new opportunities for the growth of the T-cell lymphoma market in the forthcoming years.

However, the high cost of T-cell lymphoma therapies, the complex manufacturing processes, and some side effects associated with these therapies are estimated to inhibit market augmentation over the forecast years.

The Asia Pacific region is projected to witness significant growth during the forecast period (2022-2030) due to the increasing research funding, rising prevalence of cancer, and the fast adoption of next-generation therapy techniques.

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Major market players operating in the T-cell lymphoma market include4SC AG, Acrotech Biopharma, Affimed, Bausch Health Companies Inc., Biocryst Pharmaceuticals Inc., Bristol-Myers Squibb Company, Chipscreen Biosciences, Citius Pharma, CSPC, CStone Pharmaceuticals, Daiichi-Sankyo, Dizal Pharma, Eisai, Elorac, F. Hoffmann-La Roche Ltd, Genmab A/S, Genor Biopharma, GlaxoSmithKline plc., Innate Pharma, Johnson and Johnson Private Limited, Kyowa Kirin Co., Ltd., Merck and Co. Inc., Novartis AG, Pfizer, Seagen Inc., Secura Bio, Shanghai Junshi Bio, SHIONOGI & Co., Ltd., Solasia, Spectrum Pharmaceuticals Inc., Takeda, Viracta, and Other Prominent Players.

Key developments in the market:

Market Segments

Global T-cell Lymphoma Market, by Lymphoma Type, 2022-2030 (Value US$ Mn)

Global T-cell Lymphoma Market, by Therapy, 2022-2030 (Value US$ Mn)

Global T-cell Lymphoma Market, by Region, 2022-2030 (Value US$ Mn)

North America T-cell Lymphoma Market, by Country, 2022-2030 (Value US$ Mn)

Europe T-cell Lymphoma Market, by Country, 2022-2030 (Value US$ Mn)

Asia Pacific T-cell Lymphoma Market, by Country, 2022-2030 (Value US$ Mn)

Latin America T-cell Lymphoma Market, by Country, 2022-2030 (Value US$ Mn)

Middle East & Africa T-cell Lymphoma Market, by Country, 2022-2030 (Value US$ Mn)

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T-cell Lymphoma Market worth $2.89 billion by 2030 - Exclusive Report by InsightAce Analytic - PR Newswire