The global TIL therapy market is growing rapidly owing to increasing adoption of cancer immunotherapies. TIL therapy involves extracting immune cells from a patient's own tumor, expanding them in the laboratory, and infusing them back into the patient to enable the immune system to recognize and destroy cancer cells. It helps both solid and hematological cancers like melanoma, lung cancer, bladder cancer, cervical cancer and others. The TIL therapy market growth is also driven by its advantages over other therapies like chemotherapy as it induces long-lasting response with fewer side effects.
The Global TIL Therapy Market is estimated to be valued at US$ 0.087 Bn in 2024 and is expected to exhibit a CAGR of 78.% over the forecast period 2024-2031.
Key Takeaways
Key players operating in the global TIL therapy market are Iovance Biotherapeutics, Instil Bio, Obsidian Therapeutics, Cellular Biomedicine Group. Iovance Biotherapeutics is a leader in developing novel T cell-based cancer immunotherapies like lifileucel for melanoma and cervical cancer. Instil Bio is developing cell therapies like ITIL-168 for solid tumors.
The demand for TIL therapy is increasing due to rising cancer incidence and growing preference for personalized medicine. Immunotherapy has revolutionized cancer treatment and improved survival rates, driving focus onto TIL therapy.
Technological advancements like improved methods for isolation, expansion and genetic engineering of TILs have enhanced efficacy and reduced costs. Adoptive cell transfer platforms enable large-scale manufacturing of personalized TIL therapies driving their clinical use.
Market Trends
Personalized therapies tailored as per patient's genetic profile are a key trend. Companies are developing innovative tumor infiltrating T cell therapies that can target a patient's unique tumor mutations for stronger anti-cancer response.
Combination therapies using TILs with checkpoint inhibitors is another trend, as combining immunotherapies may produce robust long-term results.
Market Opportunities
The untapped potential in Asia Pacific and Latin America presents significant opportunities for TIL therapy market players.
Next generation TIL therapies engineered using gene editing CRISPR/Cas9 represents a key opportunity to enhance efficacy, control toxicity and scale up production.
Impact Of COVID-19 On Global TIL Therapy Market Growth
The COVID-19 pandemic has significantly impacted the growth of global TIL therapy market. During the initial lockdown phases imposed across various countries, patients avoided undergoing elective surgeries including cancer treatments. This led to a decline in demand for TIL therapy. However, with resumption of cancer treatments post relaxation of lockdowns, the market has started recovering. Manufacturers faced disruptions in the supply chain and raw material procurement. There was a shortage of required products and materials. This presented challenges for completing ongoing clinical trials on time. The pandemic also hampered new research activities in the field to some extent.
Post pandemic, the market is expected to bounce back steadily. With growing awareness about available treatment options, adoption of immune cell therapies like TIL is likely to increase among cancer patients. Manufacturers have strengthened their supply networks to ensure continuous supply. Regulatory approvals received during the period for new drug candidates will further support market growth. Continuous R&D investments and ongoing clinical trials on novel drug combinations are likely to yield promising results in the coming years. The market is anticipated to get back on its long term growth trajectory, expanding at a high CAGR over the next few years.
In terms of regional markets, North America holds the largest share currently, primarily due to the extensive research and development activities in the area of adoptive cell therapies. Many clinical trials are ongoing in the US to evaluate the efficacy of TIL therapy for treating different types of cancers. As approvals and commercialization take place, Europe and Asia Pacific regions are also emerging as fast growing regional markets for TIL therapy. In particular, China and Japan are anticipated to witness highest growth over the forecast period supported by improving healthcare infrastructure and increasing funding towards cancer immunotherapy research.
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What Are The Key Data Covered In This Global TIL Therapy Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the Global TIL Therapy Market's growth between 2024 and 2031.
:- Accurate calculation of the size of the Global TIL Therapy Market and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- Global TIL Therapy Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market's competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of Global TIL Therapy Market vendors
FAQ’s
Q.1 What are the main factors influencing the Global TIL Therapy Market?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top Global TIL Therapy Market companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Global TIL Therapy Market’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area’s assessment of agreements, income, and value implicate?
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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