PR Newswire
LAS VEGAS, Sept. 25, 2023
The relapsed/refractory multiple myeloma market landscape is undergoing a radical transformation with the recent FDA approvals of two CAR-Ts which is opening up new avenues for companies developing later lines of therapy. Several key players are racing to bring their candidates to the market, and we estimate that a few CAR-Ts will join the fray by 2025. Some of the frontrunners in this space are Arcellx, Novartis, CARsgen Therapeutics, and others, who are harnessing the power of CAR-Ts for relapsed/refractory multiple myeloma.
LAS VEGAS, Sept. 25, 2023 /PRNewswire/ -- DelveInsight's CAR T-cell Therapy for Multiple Myeloma Market Insights report includes a comprehensive understanding of current treatment practices, CAR T-cell therapy for multiple myeloma emerging drugs, market share of individual therapies, and current and forecasted market size from 2019 to 2032, segmented into 7MM [the United States, the EU-4 (Italy, Spain, France, and Germany), the United Kingdom, and Japan].
Key Takeaways from the CAR T-cell Therapy for Multiple Myeloma Market Report
Discover which therapies are expected to grab the major CAR T-cell therapy for multiple myeloma market share @ CAR T-cell Therapy for Multiple Myeloma Market Report
Multiple Myeloma Overview
Multiple myeloma is the second most common hematological malignancy in the world, with a median age of onset of 60 years. This incurable cancer is caused by an overabundance of terminally differentiated monoclonal plasma cells (PC) in the bone marrow. Multiple myeloma is a malignant illness defined by the uncontrolled proliferation of clonal plasma cells, which causes a variety of problems that eventually lead to organ malfunction and death. A recent modification in the pathophysiology of myeloma has resulted in significant advancements in the management of people with multiple myeloma. The formation of multidrug resistance (MDR), a process in which cancer cells resist different structurally and functionally unrelated medications following exposure to a single chemotherapeutic agent, is a key factor in treatment failure resulting in clinical relapse.
CAR-T Cell Therapy Overview
CAR-T cell therapy is a sort of cancer immunotherapy treatment that employs immune cells called T cells that have been genetically engineered in a lab to better locate and destroy cancer cells. CAR-T therapy can be particularly effective against certain types of cancer, even when other treatments are ineffective. Currently, the FDA has approved two CAR-T therapies to treat Multiple Myeloma: ABECMA (idecabtagene vicleucel) and CARVYKTI (ciltacabtagene autoleucel).
CAR T-cell Therapy for Multiple Myeloma Epidemiology Segmentation
The CAR T-cell therapy for multiple myeloma epidemiology section provides insights into the historical and current CAR T-cell therapy for multiple myeloma patient pool and forecasted trends for individual seven major countries. It helps to recognize the causes of current and forecasted trends by exploring numerous studies and views of key opinion leaders.
The CAR T-cell therapy for multiple myeloma market report proffers epidemiological analysis for the study period 2019–2032 in the 7MM segmented into:
CAR T-cell Therapy for Multiple Myeloma Treatment Market
The multiple myeloma treatment is determined by the patient's symptoms as well as his or her overall health. Doctors frequently collaborate with patients to develop the optimal treatment approach. The therapy aims are to remove myeloma cells, restrict tumor growth, relieve pain, and enable patients to live an active life. While there is no cure for multiple myeloma, it can be successfully controlled in many individuals for many years. Treatment for persons with symptomatic myeloma includes both disease-controlling medication and supportive care to promote quality of life, such as symptom relief and proper nutrition. Multiple myeloma is commonly treated with a combination of three drugs, known as triplet therapy. A targeted therapy, an immunomodulator, and a corticosteroid are frequently used. With the FDA's approval of two CAR-Ts (CARVYKTI and ABECMA), the therapeutic choices for relapsed/refractory multiple myeloma have recently expanded dramatically, creating new opportunities for companies to develop treatments for later lines of treatment.
CARVYKTI (Janssen) is a genetically engineered autologous T-cell immunotherapy that reprogrammes a patient's T cells with a transgene expressing a chimeric antigen receptor (CAR) that recognizes and destroys cells that express BCMA. The company plans to submit a Type II variation application to the European Medicines Agency (EMA) in May 2023, based on the CARTITUDE-4 study results, seeking approval of CARVYKTI for the earlier treatment of patients with relapsed and lenalidomide-refractory multiple myeloma.
ABECMA (ide-cel) is a genetically modified autologous chimeric antigen receptor (CAR) T-cell immunotherapy co-developed and co-marketed by Bristol Myers Squibb and Bluebird bio for the treatment of adult patients with multiple myeloma who have received at least three prior therapies. Bristol Myers Squibb, the maker of ABECMA, stopped its UK medicinal approval intentions in 2020 due to a variety of circumstances, including the impact of the pandemic on clinical trial delivery.
To know more about CAR T-cell therapy for multiple myeloma treatment, visit @ CAR T-cell Therapy Treatment
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Key CAR T-cell Therapies for Multiple Myeloma and Companies
Learn more about the FDA-approved CAR T-cell therapy for multiple myeloma @ CAR T-cell Therapies for Multiple Myeloma Treatment
CAR T-cell Therapy for Multiple Myeloma Market Dynamics
Multiple myeloma is a clonal plasma cell proliferative condition that is distinguished by an aberrant rise of monoclonal immunoglobulins. Excessive creation of these plasma cells, if unchecked, can eventually cause specific end-organ damage. This is most common when at least one of the following clinical symptoms is present: hypercalcemia, renal failure, anemia, or bone pain with lytic lesions. Because there is no precise cure, most patients relapse at some point. Adding to the concern about myeloma, some individuals do not respond to medication, becoming refractory and so known as relapsed/refractory multiple myeloma. Multiple myeloma is commonly treated with a combination of three drugs, known as triplet therapy. A targeted therapy, an immunomodulator, and a corticosteroid are frequently used.
With the recent FDA approvals of two CAR-Ts, the landscape of relapsed/refractory multiple myeloma is undergoing a profound upheaval, giving up new avenues for businesses to develop subsequent lines of therapy. Several significant competitors are rushing to bring their candidates to market, and we expect only a few CAR-Ts to join the race by 2025. Arcellx, Novartis, CARsgen Therapeutics, and others are among the companies harnessing the power of CAR-Ts for relapsed/refractory multiple myeloma. Two CAR-T therapies have been approved to treat multiple myeloma. Although CAR-T treatments have shown great efficacy, they are not without risks, such as CRS. Cost, convenience, and manufacturing turnaround time may initially prohibit CAR-T from becoming widely adopted, although corporations may lessen side effects and accelerate manufacturing time over time.
As per DelveInsight analysis, In the 4L+ scenario, approved CAR-Ts (ABECMA and CARVYKTI) generated about USD 500 million in the 7MM in 2022, and this figure is expected to climb as other emergent CAR-Ts are approved during the forecast period. In addition, among the emerging therapies in 4L+, CARsgen Therapeutics' zevorcabtagene autoleucel is expected to garner the highest market share in 2032 accounting for nearly USD 200 million.
Report Metrics | Details |
Study Period | 2019–2032 |
Coverage | 7MM [The United States, the EU-4 (Germany, France, Italy, and Spain), the United Kingdom, and Japan] |
CAR T-cell Therapy for Multiple Myeloma Market Size in 2022 (US) | USD 400 Million |
Key CAR T-cell Therapy for Multiple Myeloma Companies | Cartesian Therapeutics, Arcellx, Novartis, Bristol-Myers Squibb, CARsgen Therapeutics, Poseida Therapeutics, Juno Therapeutics, CRISPR Therapeutics, bluebird bio, Cellectis SA, Caribou Biosciences, Luminary Therapeutics, Celyad Oncology, Allogene Therapeutics, Gadeta, Nanjing IASO Biotherapeutics, and others |
Key CAR T-cell Therapy for Multiple Myeloma Therapies | Descartes-11, CART-ddBCMA, PHE885, Orvacabtagene Autoleucel, Zevorcabtagene autoleucel (zevor-cel or CT053), P-BCMA-ALLO1, CC-95266, Fully human BCMA chimeric antigen receptor autologous T-cell injection (CT103A), CTX120, CC-98633, bb21217, UCARTCS1A, CB-011, LMY-920, CYAD-211, ALLO-715 ± Nirogacestat, TEG002, CAR-T (CAR-GPRC5D), and others |
Scope of the CAR T-cell Therapy for Multiple Myeloma Market Report
Discover more about CAR T-cell therapy for multiple myeloma in development @ CAR T-cell Therapy for Multiple Myeloma Clinical Trials
Table of Contents
1. | CAR T-cell Therapy for Multiple Myeloma Market Key Insights |
2. | CAR T-cell Therapy for Multiple Myeloma Market Report Introduction |
3. | CAR T-cell Therapy for Multiple Myeloma Market Overview at a Glance |
4. | CAR T-cell Therapy for Multiple Myeloma Market Executive Summary |
5. | Disease Background and Overview |
6. | CAR T-cell Therapy for Multiple Myeloma Treatment and Management |
7. | CAR T-cell Therapy for Multiple Myeloma Epidemiology and Patient Population |
8. | Patient Journey |
9. | CAR T-cell Therapy for Multiple Myeloma Marketed Drugs |
10. | CAR T-cell Therapy for Multiple Myeloma Emerging Drugs |
11. | Seven Major CAR T-cell Therapy for Multiple Myeloma Market Analysis |
12. | CAR T-cell Therapy for Multiple Myeloma Market Outlook |
13. | Potential of Current and Emerging Therapies |
14. | KOL Views |
15. | Unmet Needs |
16. | SWOT Analysis |
17. | Appendix |
18. | DelveInsight Capabilities |
19. | Disclaimer |
20. | About DelveInsight |
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CAR T-cell Therapy for Multiple Myeloma Pipeline Insight – 2023 report provides comprehensive insights about the pipeline landscape, pipeline drug profiles, including clinical and non-clinical stage products, and the key CAR T-cell therapy for multiple myeloma companies, including Novartis, Janssen Biotech, Yake Biotech, Celgene Corporation, CARsgen Therapeutics, Poseida Therapeutics, Nanjing IASO Biotherapeutics, CRISPR Therapeutics, bluebird bio, Cellectis SA, among others.
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