Owing to their tumor-killing capability and therapeutic superiority to conventional therapies, TIL therapies are being actively evaluated to treat advance, incurable oncological disorders by various researchers and industry stakeholders
Roots Analysis has announced the addition of “Global TIL Therapies Market (2nd Edition), 2023-2035” report to its list of offerings.
Given the limitations associated with conventional cancer treatment options, there has been a surge in the need for more effective, safe and versatile alternatives, such as TIL therapies. Driven by a promising development pipeline and encouraging clinical trial results, the TIL-based therapy market is likely to carve out a significant share of the cancer immunotherapy market.
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Over 75 TIL therapies are currently approved / under development
Close to 83% of the TIL therapies are being evaluated in clinical trials (phase I and above), while 17% of them are in preclinical stage of development. More than 95% of the therapy candidates, which are being developed to target a range of disease indications, are autologous in nature. Further, more than 75% of these are combination therapies.
More than 3,800 patients have been enrolled in nearly 95 clinical trials, worldwide
Clinical research activity, in terms of number of trials registered, is reported to have increased over the last five years. Of the total number of trials, over 65% are active and still recruiting patients, while more than 25% have already been completed.
Partnership activity within this domain has grown at a CAGR of 29%, between 2015 and 2021
Majority of the agreements related to TIL therapies were observed to be R&D agreements, representing close to 40% of the total partnerships. Further, most of the intercontinental, as well as intracontinental, deals have been inked by players based in North America.
Over 2.7 USD billion has been invested by both private and public investors in this domain, since 2013
Industry players raised over USD 1.4 billion in the past 3 years. In addition, majority (37%) of the companies received funding through secondary offering rounds. Further, close to USD 540 million were invested by private firms.
More than 160 patents have been filed / published related to the TIL therapies
Close to 75% of the filed / published patents were patent applications, followed by granted patents (25%). Of the total granted applications, more than 95% were filed in North America.
The market is anticipated to grow at a CAGR of 40%, during the period 2022-2035
In 2035, more than 50% of the market revenues are expected to be generated from sales of therapeutics intended for Melanoma. Further, North America and Europe is anticipated to capture close to 90% of the market share, by 2035.
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The financial opportunity within the TIL-based therapies market has been analyzed across the following segments:
The report includes brief profiles of key players (listed below); each profile features an overview of the company, details related to its financial information (if available), details about TIL-based product(s), such as information on status of development, technology portfolio (if available), recent developments related to TIL-based therapies and manufacturing capabilities of the players.
For additional details, please visit https://www.rootsanalysis.com/reports/til-therapies-market.html or email sales@rootsanalysis.com
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Contact:
Gaurav Chaudhary
+1 (415) 800 3415
+44 (122) 391 1091
Gaurav.chaudhary@rootsanalysis.com
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