Global BCMA-targeted CAR-T Cell Therapy Supply, Demand and Key Producers, 2024-2030
Page: 82
Published Date: 22 Nov 2024
Category: Pharma & Healthcare
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- Description
- Table of Contents
- Table of Figures
- Research Methodology
- Companies Mentioned
- Related Reports
- Product Tags
Description
The global BCMA-targeted CAR-T Cell Therapy market size is expected to reach $ 2821 million by 2030, rising at a market growth of 16.2% CAGR during the forecast period (2024-2030).
Chimeric antigen receptor (CAR) T-cell therapy is a type of cancer immunotherapy treatment that uses immune cells called T cells that are genetically altered in a lab to enable them in locating in destroying cancer cells more effectively. Currently available CAR-T cell therapy products are divided into CD19 targets and BCMA targets. BCMA stands for B - cell maturation antigen. It is a protein that is found on the surface of plasma cells, which are abnormal cells that multiply uncontrollably in multiple myeloma, a type of blood cancer. By targeting BCMA, the CAR - T cell therapy aims to specifically attack the cancer - causing plasma cells.
This report studies the global BCMA-targeted CAR-T Cell Therapy demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for BCMA-targeted CAR-T Cell Therapy, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of BCMA-targeted CAR-T Cell Therapy that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global BCMA-targeted CAR-T Cell Therapy total market, 2019-2030, (USD Million)
Global BCMA-targeted CAR-T Cell Therapy total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: BCMA-targeted CAR-T Cell Therapy total market, key domestic companies, and share, (USD Million)
Global BCMA-targeted CAR-T Cell Therapy revenue by player, revenue and market share 2019-2024, (USD Million)
Global BCMA-targeted CAR-T Cell Therapy total market by Type, CAGR, 2019-2030, (USD Million)
Global BCMA-targeted CAR-T Cell Therapy total market by Application, CAGR, 2019-2030, (USD Million)
This report profiles major players in the global BCMA-targeted CAR-T Cell Therapy market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bristol-Myers Squibb (Abecma), Nanjing Legend Biotechnology/J&J, CARsgen, Nanjing Iaso Biotherapeutics, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world BCMA-targeted CAR-T Cell Therapy market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global BCMA-targeted CAR-T Cell Therapy Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global BCMA-targeted CAR-T Cell Therapy Market, Segmentation by Type
Abecma
Carvykti
Others
Global BCMA-targeted CAR-T Cell Therapy Market, Segmentation by Application:
Hospital
Oncology Clinic
Companies Profiled:
Bristol-Myers Squibb (Abecma)
Nanjing Legend Biotechnology/J&J
CARsgen
Nanjing Iaso Biotherapeutics
Key Questions Answered
1. How big is the global BCMA-targeted CAR-T Cell Therapy market?
2. What is the demand of the global BCMA-targeted CAR-T Cell Therapy market?
3. What is the year over year growth of the global BCMA-targeted CAR-T Cell Therapy market?
4. What is the total value of the global BCMA-targeted CAR-T Cell Therapy market?
5. Who are the Major Players in the global BCMA-targeted CAR-T Cell Therapy market?
6. What are the growth factors driving the market demand?
Table of Contents
1 Supply Summary
1.1 BCMA-targeted CAR-T Cell Therapy Introduction
1.2 World BCMA-targeted CAR-T Cell Therapy Market Size & Forecast (2019 & 2023 & 2030)
1.3 World BCMA-targeted CAR-T Cell Therapy Total Market by Region (by Headquarter Location)
1.3.1 World BCMA-targeted CAR-T Cell Therapy Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030)
1.3.3 China Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030)
1.3.4 Europe Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030)
1.3.5 Japan Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030)
1.3.6 South Korea Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030)
1.3.7 ASEAN Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030)
1.3.8 India Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 BCMA-targeted CAR-T Cell Therapy Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Major Market Trends
2 Demand Summary
2.1 World BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030)
2.2 World BCMA-targeted CAR-T Cell Therapy Consumption Value by Region
2.2.1 World BCMA-targeted CAR-T Cell Therapy Consumption Value by Region (2019-2024)
2.2.2 World BCMA-targeted CAR-T Cell Therapy Consumption Value Forecast by Region (2025-2030)
2.3 United States BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030)
2.4 China BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030)
2.5 Europe BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030)
2.6 Japan BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030)
2.7 South Korea BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030)
2.8 ASEAN BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030)
2.9 India BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030)
3 World BCMA-targeted CAR-T Cell Therapy Companies Competitive Analysis
3.1 World BCMA-targeted CAR-T Cell Therapy Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global BCMA-targeted CAR-T Cell Therapy Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for BCMA-targeted CAR-T Cell Therapy in 2023
3.2.3 Global Concentration Ratios (CR8) for BCMA-targeted CAR-T Cell Therapy in 2023
3.3 BCMA-targeted CAR-T Cell Therapy Company Evaluation Quadrant
3.4 BCMA-targeted CAR-T Cell Therapy Market: Overall Company Footprint Analysis
3.4.1 BCMA-targeted CAR-T Cell Therapy Market: Region Footprint
3.4.2 BCMA-targeted CAR-T Cell Therapy Market: Company Product Type Footprint
3.4.3 BCMA-targeted CAR-T Cell Therapy Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers & Acquisitions Activity
4 United States VS China VS Rest of World (by Headquarter Location)
4.1 United States VS China: BCMA-targeted CAR-T Cell Therapy Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: BCMA-targeted CAR-T Cell Therapy Revenue Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: BCMA-targeted CAR-T Cell Therapy Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: BCMA-targeted CAR-T Cell Therapy Consumption Value Comparison
4.2.1 United States VS China: BCMA-targeted CAR-T Cell Therapy Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: BCMA-targeted CAR-T Cell Therapy Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based BCMA-targeted CAR-T Cell Therapy Companies and Market Share, 2019-2024
4.3.1 United States Based BCMA-targeted CAR-T Cell Therapy Companies, Headquarters (States, Country)
4.3.2 United States Based Companies BCMA-targeted CAR-T Cell Therapy Revenue, (2019-2024)
4.4 China Based Companies BCMA-targeted CAR-T Cell Therapy Revenue and Market Share, 2019-2024
4.4.1 China Based BCMA-targeted CAR-T Cell Therapy Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies BCMA-targeted CAR-T Cell Therapy Revenue, (2019-2024)
4.5 Rest of World Based BCMA-targeted CAR-T Cell Therapy Companies and Market Share, 2019-2024
4.5.1 Rest of World Based BCMA-targeted CAR-T Cell Therapy Companies, Headquarters (Province, Country)
4.5.2 Rest of World Based Companies BCMA-targeted CAR-T Cell Therapy Revenue (2019-2024)
5 Market Analysis by Type
5.1 World BCMA-targeted CAR-T Cell Therapy Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Abecma
5.2.2 Carvykti
5.2.3 Others
5.3 Market Segment by Type
5.3.1 World BCMA-targeted CAR-T Cell Therapy Market Size by Type (2019-2024)
5.3.2 World BCMA-targeted CAR-T Cell Therapy Market Size by Type (2025-2030)
5.3.3 World BCMA-targeted CAR-T Cell Therapy Market Size Market Share by Type (2025-2030)
6 Market Analysis by Application
6.1 World BCMA-targeted CAR-T Cell Therapy Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Hospital
6.2.2 Oncology Clinic
6.3 Market Segment by Application
6.3.1 World BCMA-targeted CAR-T Cell Therapy Market Size by Application (2019-2024)
6.3.2 World BCMA-targeted CAR-T Cell Therapy Market Size by Application (2025-2030)
6.3.3 World BCMA-targeted CAR-T Cell Therapy Market Size Market Share by Application (2019-2030)
7 Company Profiles
7.1 Bristol-Myers Squibb (Abecma)
7.1.1 Bristol-Myers Squibb (Abecma) Details
7.1.2 Bristol-Myers Squibb (Abecma) Major Business
7.1.3 Bristol-Myers Squibb (Abecma) BCMA-targeted CAR-T Cell Therapy Product and Services
7.1.4 Bristol-Myers Squibb (Abecma) BCMA-targeted CAR-T Cell Therapy Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 Bristol-Myers Squibb (Abecma) Recent Developments/Updates
7.1.6 Bristol-Myers Squibb (Abecma) Competitive Strengths & Weaknesses
7.2 Nanjing Legend Biotechnology/J&J
7.2.1 Nanjing Legend Biotechnology/J&J Details
7.2.2 Nanjing Legend Biotechnology/J&J Major Business
7.2.3 Nanjing Legend Biotechnology/J&J BCMA-targeted CAR-T Cell Therapy Product and Services
7.2.4 Nanjing Legend Biotechnology/J&J BCMA-targeted CAR-T Cell Therapy Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Nanjing Legend Biotechnology/J&J Recent Developments/Updates
7.2.6 Nanjing Legend Biotechnology/J&J Competitive Strengths & Weaknesses
7.3 CARsgen
7.3.1 CARsgen Details
7.3.2 CARsgen Major Business
7.3.3 CARsgen BCMA-targeted CAR-T Cell Therapy Product and Services
7.3.4 CARsgen BCMA-targeted CAR-T Cell Therapy Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 CARsgen Recent Developments/Updates
7.3.6 CARsgen Competitive Strengths & Weaknesses
7.4 Nanjing Iaso Biotherapeutics
7.4.1 Nanjing Iaso Biotherapeutics Details
7.4.2 Nanjing Iaso Biotherapeutics Major Business
7.4.3 Nanjing Iaso Biotherapeutics BCMA-targeted CAR-T Cell Therapy Product and Services
7.4.4 Nanjing Iaso Biotherapeutics BCMA-targeted CAR-T Cell Therapy Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 Nanjing Iaso Biotherapeutics Recent Developments/Updates
7.4.6 Nanjing Iaso Biotherapeutics Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 BCMA-targeted CAR-T Cell Therapy Industry Chain
8.2 BCMA-targeted CAR-T Cell Therapy Upstream Analysis
8.3 BCMA-targeted CAR-T Cell Therapy Midstream Analysis
8.4 BCMA-targeted CAR-T Cell Therapy Downstream Analysis
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World BCMA-targeted CAR-T Cell Therapy Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World BCMA-targeted CAR-T Cell Therapy Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World BCMA-targeted CAR-T Cell Therapy Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World BCMA-targeted CAR-T Cell Therapy Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World BCMA-targeted CAR-T Cell Therapy Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World BCMA-targeted CAR-T Cell Therapy Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World BCMA-targeted CAR-T Cell Therapy Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World BCMA-targeted CAR-T Cell Therapy Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World BCMA-targeted CAR-T Cell Therapy Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key BCMA-targeted CAR-T Cell Therapy Players in 2023
Table 12. World BCMA-targeted CAR-T Cell Therapy Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global BCMA-targeted CAR-T Cell Therapy Company Evaluation Quadrant
Table 14. Head Office of Key BCMA-targeted CAR-T Cell Therapy Players
Table 15. BCMA-targeted CAR-T Cell Therapy Market: Company Product Type Footprint
Table 16. BCMA-targeted CAR-T Cell Therapy Market: Company Product Application Footprint
Table 17. BCMA-targeted CAR-T Cell Therapy Mergers & Acquisitions Activity
Table 18. United States VS China BCMA-targeted CAR-T Cell Therapy Revenue Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China BCMA-targeted CAR-T Cell Therapy Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based BCMA-targeted CAR-T Cell Therapy Companies, Headquarters (States, Country)
Table 21. United States Based Companies BCMA-targeted CAR-T Cell Therapy Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies BCMA-targeted CAR-T Cell Therapy Revenue Market Share (2019-2024)
Table 23. China Based BCMA-targeted CAR-T Cell Therapy Companies, Headquarters (Province, Country)
Table 24. China Based Companies BCMA-targeted CAR-T Cell Therapy Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies BCMA-targeted CAR-T Cell Therapy Revenue Market Share (2019-2024)
Table 26. Rest of World Based BCMA-targeted CAR-T Cell Therapy Companies, Headquarters (Province, Country)
Table 27. Rest of World Based Companies BCMA-targeted CAR-T Cell Therapy Revenue (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies BCMA-targeted CAR-T Cell Therapy Revenue Market Share (2019-2024)
Table 29. World BCMA-targeted CAR-T Cell Therapy Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World BCMA-targeted CAR-T Cell Therapy Market Size Value by Type (2019-2024) & (USD Million)
Table 31. World BCMA-targeted CAR-T Cell Therapy Market Size by Type (2025-2030) & (USD Million)
Table 32. World BCMA-targeted CAR-T Cell Therapy Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World BCMA-targeted CAR-T Cell Therapy Market Size by Application (2019-2024) & (USD Million)
Table 34. World BCMA-targeted CAR-T Cell Therapy Market Size by Application (2025-2030) & (USD Million)
Table 35. Bristol-Myers Squibb (Abecma) Basic Information, Manufacturing Base and Competitors
Table 36. Bristol-Myers Squibb (Abecma) Major Business
Table 37. Bristol-Myers Squibb (Abecma) BCMA-targeted CAR-T Cell Therapy Product and Services
Table 38. Bristol-Myers Squibb (Abecma) BCMA-targeted CAR-T Cell Therapy Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. Bristol-Myers Squibb (Abecma) Recent Developments/Updates
Table 40. Bristol-Myers Squibb (Abecma) Competitive Strengths & Weaknesses
Table 41. Nanjing Legend Biotechnology/J&J Basic Information, Manufacturing Base and Competitors
Table 42. Nanjing Legend Biotechnology/J&J Major Business
Table 43. Nanjing Legend Biotechnology/J&J BCMA-targeted CAR-T Cell Therapy Product and Services
Table 44. Nanjing Legend Biotechnology/J&J BCMA-targeted CAR-T Cell Therapy Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Nanjing Legend Biotechnology/J&J Recent Developments/Updates
Table 46. Nanjing Legend Biotechnology/J&J Competitive Strengths & Weaknesses
Table 47. CARsgen Basic Information, Manufacturing Base and Competitors
Table 48. CARsgen Major Business
Table 49. CARsgen BCMA-targeted CAR-T Cell Therapy Product and Services
Table 50. CARsgen BCMA-targeted CAR-T Cell Therapy Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. CARsgen Recent Developments/Updates
Table 52. CARsgen Competitive Strengths & Weaknesses
Table 53. Nanjing Iaso Biotherapeutics Basic Information, Manufacturing Base and Competitors
Table 54. Nanjing Iaso Biotherapeutics Major Business
Table 55. Nanjing Iaso Biotherapeutics BCMA-targeted CAR-T Cell Therapy Product and Services
Table 56. Nanjing Iaso Biotherapeutics BCMA-targeted CAR-T Cell Therapy Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. Nanjing Iaso Biotherapeutics Recent Developments/Updates
Table 58. Nanjing Iaso Biotherapeutics Competitive Strengths & Weaknesses
Table 59. Global Key Players of BCMA-targeted CAR-T Cell Therapy Upstream (Raw Materials)
Table 60. Global BCMA-targeted CAR-T Cell Therapy Typical Customers
List of Figures
Figure 1. BCMA-targeted CAR-T Cell Therapy Picture
Figure 2. World BCMA-targeted CAR-T Cell Therapy Total Revenue: 2019 & 2023 & 2030, (USD Million)
Figure 3. World BCMA-targeted CAR-T Cell Therapy Total Revenue (2019-2030) & (USD Million)
Figure 4. World BCMA-targeted CAR-T Cell Therapy Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Figure 5. World BCMA-targeted CAR-T Cell Therapy Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company BCMA-targeted CAR-T Cell Therapy Revenue (2019-2030) & (USD Million)
Figure 13. BCMA-targeted CAR-T Cell Therapy Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030) & (USD Million)
Figure 16. World BCMA-targeted CAR-T Cell Therapy Consumption Value Market Share by Region (2019-2030)
Figure 17. United States BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030) & (USD Million)
Figure 18. China BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030) & (USD Million)
Figure 23. India BCMA-targeted CAR-T Cell Therapy Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of BCMA-targeted CAR-T Cell Therapy by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for BCMA-targeted CAR-T Cell Therapy Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for BCMA-targeted CAR-T Cell Therapy Markets in 2023
Figure 27. United States VS China: BCMA-targeted CAR-T Cell Therapy Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: BCMA-targeted CAR-T Cell Therapy Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World BCMA-targeted CAR-T Cell Therapy Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World BCMA-targeted CAR-T Cell Therapy Market Size Market Share by Type in 2023
Figure 31. Abecma
Figure 32. Carvykti
Figure 33. Others
Figure 34. World BCMA-targeted CAR-T Cell Therapy Market Size Market Share by Type (2019-2030)
Figure 35. World BCMA-targeted CAR-T Cell Therapy Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 36. World BCMA-targeted CAR-T Cell Therapy Market Size Market Share by Application in 2023
Figure 37. Hospital
Figure 38. Oncology Clinic
Figure 39. World BCMA-targeted CAR-T Cell Therapy Market Size Market Share by Application (2019-2030)
Figure 40. BCMA-targeted CAR-T Cell Therapy Industrial Chain
Figure 41. Methodology
Figure 42. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Bristol-Myers Squibb (Abecma) Nanjing Legend Biotechnology/J&J CARsgen Nanjing Iaso Biotherapeutics
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