CAR T-Cell Therapy Market Size Worth USD 128.55 Billion by 2034

The global CAR T-cell therapy market size is expected to be worth USD 128.55 billion by 2034, increasing from USD 12.88 billion in 2025. The market reflects a huge compound annual growth rate (CAGR) of 29.10% from 2025 to 2034, a study published by Precedence Research.

In terms of revenue, the worldwide CAR T-cell therapy market reached USD 10.39 billion in 2024 and  is poised for explosive growth set to rise from USD 12.88 billion in 2025 to USD 128.55 billion by 2034. Fueled by advances in immuno-oncology and rising global cancer rates, CAR T therapies are fast becoming the gold standard in treating relapsed hematologic cancers.

CAR T-cell therapy is a type of T-cell therapy or cancer therapy that accounts for approximately 27% of the overall T-cell therapy market. The rising incidence of cancer worldwide is anticipated to propel the development of CAR T-cells for therapeutic applications. The potential use of synthetic T-cell receptors in treating various cancers has been widely accepted. 


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CAR T-cell Therapy Market Quick Insights:

🔹The CAR T-cell therapy market surpassed USD 10.39 billion in 2024.

🔹It is projected to surpass USD 128.55 billion by 2034.

🔹The market is expected to expand at a double-digit CAGR of 29.10% from 2025 to 2034.

🔹Regional Leader: North America held the largest share (39.84%) in 2024.

🔹Top Drug: Axicabtagene ciloleucel led with a 29.33% market share in 2024.

🔹Key Indication: Lymphoma dominated with 48.85% share in 2024.

🔹Main End User: Hospitals accounted for over 54.90% of the market in 2024.

CAR T-cell Therapy Market Revenue Analysis:

CAR T-Cell Therapy Market Revenue (USD Million) By Drug Type, 2022 to 2024

Drug Type

2022

2023

2024

Axicabtagene Ciloleucel  

1,118.3

2,472.3

3,046.7

Tisagenlecleucel

971.1

2,143.5

2,637.3

Brexucabtagene Autoleucel 

814.8

1,808.5

2,237.5

Others

922.8

2,020.3

2,465.2


CAR T-Cell Therapy Market Revenue (USD Million) By
Indication, 2022 to 2024

Indication

2022

2023

2024

Lymphoma  

1,881.0

4,137.9

5,073.9

Acute Lymphocytic Leukemia

1,454.4

3,223.1

3,981.5

Others

491.6

1,083.6

1,331.4


CAR T-Cell Therapy Market Revenue (USD Million) By End User, 2022 to 2024

End User

2022

2023

2024

Hospitals  

2,076.4

4,608.8

5,702.2

Cancer Treatment Centers

1,750.6

3,835.8

4,684.6

 

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CAR T-cell Therapy Market Overview and Industry Potential:

Could CAR T Cell Therapy Unlock New Hope for Cancer Patients Worldwide?

The CAR T-cell therapy market is expected to see steady growth owing to the increased number of cancers worldwide and the need for effective treatment for hard-to-treat cancers such as lymphoma and leukemia. Moreover, having a higher effectiveness rate than other treatments, the CAR T cell therapy has gained immense industry attention in recent years. Also, several major hospitals and cancer treatment centers are adopting this effective treatment, which can create huge opportunities in the healthcare sector in the coming years.  

Also Read 👉 Breakthroughs in CAR T-Cell Therapy Driving Targeted Cancer Treatment


In recent years, thousands of patients with relapsed leukemia and lymphoma once considered untreatable, have experienced long-term remission thanks to CAR T-cell therapy. Its ability to re-engineer a patient’s own immune cells is opening new frontiers in personalized cancer care.

CAR T-cell therapy is reshaping cancer care by offering targeted and potentially curative options for relapsed patients,” said Deepa Pandey, Principal Consultant at Precedence Research. “The projected 10X growth by 2034 signals a profound shift in how we treat hematologic malignancies.

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What is the Largest Opportunity in CAR T-cell Therapy Market?

The ongoing research in the CAR T cell therapy for the treatment of other diseases is expected to create significant opportunities for manufacturers in the projected period. As several scientists are seen in under research for the CAR T cell therapy for the other common diseases such as solid tumors, lung diseases, breast diseases, and brain cancers as per the recent observations.

Also Read 👉 How CAR T-Cell Therapy Is Reshaping the Future of Cancer Treatment

Top Companies in CAR T-cell Therapy Market & Their Recent Breakthroughs:

Company

Recent Breakthrough

F. Hoffmann

Columvi® (glofitamab): First bispecific CD20-CD3 antibody approved in U.S., Canada & EU

Bristol-Myers Squibb

Breyanzi® (liso-cel): FDA approved for CLL/SLL (Mar 2024); EU expanded label to follicular lymphoma

AbbVie Inc

AbbVie–Umoja deal (Jan 2024): Developing in-situ CAR-T using VivoVec™ gene platform enabling in-body CAR T generation

Johnson & Johnson

CARVYKTI® (cilta-cel): New data showing 33% of multiple myeloma patients remain progression-free for 5+ years after a single infusion (June 2025)

Celgene

Assets integrated into BMS’s CAR T suite, particularly Abecma, with BMS acquiring 2seventy bio to consolidate Abecma rights

 

CAR T-cell Cell Therapy Market Challenges and Limitations:

Precision Demands Put Pressure on CAR T Cell Therapy Affordability

The high cost with certain complexity of the development of the CAR T cell therapy is likely to hinder the industry growth in the coming years. The personalization of the treatment and the precision lab work can create high-cost challenges which includes the hiring the skilled professionals and advanced machinery during the forecast period as per the recent industry observation.

Treatment cost for CAR T-cell therapy can range from $375,000 to over $500,000 per patient. Delays in manufacturing (typically 2–4 weeks) and challenges in reimbursement continue to restrict access in low-income and even some high-income countries. Furthermore, toxicity risks like cytokine release syndrome demand highly skilled medical teams, adding to infrastructure burdens.

CAR T-Cell Therapy Market – Detailed Scope

Report Attributes

Key Statistics

Market Size in 2024

USD 10.39 Billion

Market Size in 2025

USD 12.88 Billion

Market Size in 2030

USD 47.28 Billion

Market Size in 2032

USD 88.53 Billion

Market Size by 2034

USD 128.55 Billion

CAGR 2025 to 2034

29.10%

U.S. Market Size in 2025

USD 2.71 Billion

U.S. Market Size in 2034

USD 28.16 Billion

U.S. Market CAGR (2025-2034)

29.70%

Base Year

2024

Historic Years

2021 to 2023

Forecast Years

2025 to 2034

Market Drivers and Challenges

Comprehensive analysis of key growth drivers, restraints, and future opportunities

Technology Trends

Innovations in gene editing, viral vector design, and next-gen CAR constructs

Competitive Landscape

Detailed profiles of major players, market share analysis, strategic initiatives, product pipeline

Regulatory Insights

Overview of FDA, EMA, and other key regulatory guidelines impacting CAR T-cell therapy adoption

Segments Covered

Drug Type, Indication, End User, and Region

Key Drug Types Analyzed

Axicabtagene Ciloleucel, Tisagenlecleucel, Brexucabtagene Autoleucel, Lisocabtagene Maraleucel

Key Indications Covered

Lymphoma, Leukemia, Multiple Myeloma, Others

End Users Analyzed

Hospitals, Cancer Research Centers, Specialty Clinics

Regions Covered

North America, Europe, Asia-Pacific, Latin America and Middle East & Africa

Country-Level Breakdown

U.S., Canada, Germany, U.K., France, China, Japan, India, Brazil, South Africa, and more

 

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Case Study: CARVYKTI® Shows 5-Year Remission in Multiple Myeloma Patients

In a major clinical milestone shared in June 2025, Johnson & Johnson and its partner Legend Biotech announced that 33% of patients with relapsed or refractory multiple myeloma who were treated with a single infusion of CARVYKTI® (ciltacabtagene autoleucel) remained progression-free for more than five years.

These results came from the CARTITUDE-1 clinical trial, one of the most closely watched studies in the CAR T-cell therapy space. What makes this breakthrough remarkable is not just the survival rate — but the durability of remission from a one-time therapy in a patient group that typically faces very limited options.

CARVYKTI® is a BCMA-directed CAR T-cell therapy that works by reprogramming a patient’s own immune cells to recognize and attack myeloma cells. Approved by the U.S. FDA in 2022, it continues to demonstrate long-term survival benefits even in patients with heavily pretreated disease histories.

🗣️ “These five-year results are a landmark moment for CAR T-cell therapy. They show that a single treatment has the potential to control disease long-term in patients who previously had no remaining options,” said Ying Huang, Ph.D., CEO of Legend Biotech.
Source: Johnson & Johnson Press Release, June 2025

This clinical success strengthens market confidence in CAR T-cell therapy’s future. As the CAR T-cell therapy market is projected to grow more than 10-fold — from USD 12.88 billion in 2025 to USD 128.55 billion by 2034 — such real-world breakthroughs highlight not only the science but the scalability of this once-niche treatment. They also reflect growing regulatory momentum and improved patient access across global markets.

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CAR T-cell Therapy Market Key Regional Analysis:

North America Sets the Standard for CAR T Cell Innovation

North America held the dominant share of the CAR T-cell therapy market in 2024, owing to the modern and advanced research infrastructure and capabilities in the region. Furthermore, the region has seen heavy investments in innovative and effective cancer treatment in recent years. Also, the region has the advantage of fast drug approvals, and the presence of the top biotechnology companies can maintain the regional growth in the coming years, as per the latest industry observation. Moreover, having health professionals with integrated technology can create further opportunities in the market for the future years.

Also Read 👉 From Early Detection to CAR T-Cell Therapy – A New Era in Cancer Care

What is the Market Size of U.S. CAR T-Cell Therapy Market?

According to Principal Consultant, the U.S. CAR T-cell therapy market size is valued at USD 2.71 billion in 2025 and is expected to cross USD 28.16 billion by 2034. The market is growing at a solid CAGR of 29.70% from 2025 to 2034.

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U.S CAR T-cell Therapy Market: Trends, Insights & Potential

The United States has maintained its dominance in the North America region, akin to the presence of the technology-integrated healthcare and research infrastructure in recent years. Moreover, having strong governmental support for the R&D activities further encourages the healthcare and healthcare sectors to develop innovative approaches in the past few years, as per the recent industry reports. Also, the country’s heavy technology adoption has supported the treatment goals, which is likely to drive the industry growth in the coming years.

In 2024, the U.S. FDA expanded the label of Breyanzi® to treat chronic lymphocytic leukemia (CLL), while Carvykti® data showed a 33% progression-free survival at five years. These milestones reflect rapid advancement and strong regulatory momentum in the U.S. CAR T pipeline.

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Will Asia Pacific Lead the Global Race in Specialized Cancer Treatments?

Asia Pacific is expected to witness the fastest growth, led by China, Japan, South Korea, and India. Countries in this region are investing heavily in CAR T infrastructure, supported by streamlined clinical trial pathways, local manufacturing capabilities, and growing patient demand for cutting-edge therapies. Regulatory agencies across the region, such as China’s NMPA and Japan’s PMDA, have accelerated approval timelines for innovative cell and gene therapies, creating a fertile environment for commercialization.

In China, local biotech companies like Legend Biotech and JW Therapeutics are driving rapid innovation, with government-backed funding fueling domestic production and global collaboration. Japan is focusing on integrating CAR T therapies into its universal healthcare system, ensuring broader access. Meanwhile, India is emerging as a cost-effective hub for CAR T research and pilot programs, with increasing public-private partnerships aiming to reduce treatment costs and improve scalability.

Additionally, the rising cancer burden in Asia Pacific, particularly in hematologic malignancies, combined with increasing medical tourism and advanced healthcare infrastructure, positions the region as a pivotal growth engine for the global CAR T-cell therapy market.

CAR T-cell Therapy Market Segmentation Analysis:

By Drug Type Analysis:

Why Did the Axicabtagene Celuleucel Segment Dominate the Market in 2024?

The axicabtagene ciloleucel segment held the largest share of the CAR T-cell therapy market in 2024, owing to it was one of the first CAR-T therapies approved and has shown strong results in treating large B-cell lymphoma. Developed by Kite Pharma (a Gilead company), it has been widely used in the U.S. and Europe. Its fast-manufacturing time and high response rates make it a preferred choice for doctors. Hospitals are familiar with their administration and side effects, which increases their use. Its early approval, reliable outcomes, and broad use in major treatment centers have helped axicabtagene ciloleucel take a leading position in the CAR-T drug market.

The tisagenelecleucel segment is expected to grow at a notable rate during the predicted timeframe, as it works well for both children and adults with leukemia and lymphoma. It was the first CAR-T therapy approved and is expanding its uses for different cancers. Novartis is investing in faster manufacturing and global distribution. As more hospitals adopt CAR-T and treat younger patients, demand for tisagenlecleucel will rise. The therapy's versatility, strong safety profile, and ongoing clinical trials for new uses make it likely to grow faster than other therapies and lead the market in the coming years.

Also Read 👉 Plasma Derived Therapy Market Size, Share, and Trends 2025 to 2034

By Indication Analysis:

How Lymphoma Segment Maintains Its Dominance in the Current Industry?

The lymphoma segment held the largest share of the market in 2024. CAR-T therapy has been especially effective in treating large B-cell lymphoma and other hard-to-treat forms. Most of the early CAR-T approvals were for lymphoma, and success rates were high compared to traditional treatments. Doctors have more experience using CAR-T for lymphoma, and it's often used when other therapies fail. Since lymphoma is one of the most common blood cancers and CAR-T has become a standard treatment in severe cases, this segment has naturally become the largest indication in the CAR-T market so far.

The acute lymphocytic leukemia segment is expected to grow at a notable rate during the predicted timeframe, as CAR-T therapies like tisagenlecleucel have shown high success rates in treating relapsed or hard-to-treat ALL cases. As more pediatric hospitals adopt this therapy and insurance coverage improves, access will grow. Ongoing trials are also testing CAR-T for broader ALL cases and earlier treatment stages. The strong results, safety for younger patients, and increasing hospital readiness make ALL a key future driver of CAR-T demand globally, especially as approvals expand in new regions.

Also Read 👉 Cell Therapy Market Size, Share, and Trends 2025 to 2034

By End User Analysis:

Why Did the Hospital Segment Dominate the Market in 2024?

The hospital segment dominated the market with the largest share in 2024, having services like complex care handling and special facilities in the current period. As the hospital has the greatest advantages of the presence of skilled professionals at any time, this has led the industry to growth in recent years. Moreover, the senior aged population has trust issues with other treatments and places, where hospitals have gained a significant advantage over the past few years.

The cancer treatment centers segment is expected to grow at a significant rate during the predicted timeframe, owing to these centers being truly established cancer treatment centers, where there is nothing to handle other diseases, which is likely to dominate the industry in the coming years. Moreover, having better focus on research and ongoing latest variant treatments of cancer, the cancer care centers are expected to gain immense attention in the coming years.

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CAR T-Cell Therapy Market Top Companies

🔹F. Hoffmann-La Roche AG

🔹Bristol-Myers Squibb Company

🔹AbbVie, Inc.

🔹Johnson & Johnson

🔹Celgene Corporation

🔹AstellasPharma, Inc.

🔹Pfizer, Inc.

🔹Novartis AG

🔹Merck KGaA

🔹Eli Lilly and Company

Beyond product approvals, the CAR T market is buzzing with M&A activity. Notably, Bristol-Myers Squibb’s acquisition of 2seventy bio strengthens its position in autologous therapies. Novartis and AbbVie have also expanded investments into in vivo CAR T platforms, signaling long-term confidence.

The CAR T-cell therapy space remains competitive, with Bristol-Myers Squibb, Novartis, and Gilead Sciences leading the race in both revenue and innovation. However, smaller biotechs focusing on solid tumor applications are beginning to disrupt traditional dominance with next-gen technologies.

What is Going Around the Globe?

🔹In 2024, the FDA provided authorization for pembrolizumab. This is chemotherapy for adult patients who are suffering from endometrial carcinoma. Moreover, as per the observation of the FDA, the adverse effects of pembrolizumab and chemoradiotherapy were similar, as per the report.
(Source:
https://www.fda.gov)

🔹Approval: In 2024, an article published by AstraZeneca says the FDA recently approved chemotherapy of AstraZeneca's chemotherapy. Chemotherapy is called Imfinzi plus. Also, this chemotherapy will be used as a treatment for adult patients who are suffering from primary advanced endometrial cancer, as per the company's claim.

CAR T-Cell Therapy Market Segments Covered in the Report

By Drug Type

🔹Axicabtagene Ciloleucel

🔹Tisagenlecleucel

🔹Brexucabtagene Autoleucel

🔹Others

By Indication

🔹Lymphoma

🔹Acute Lymphocytic Leukemia

🔹Chronic Lymphocytic Leukemia (CLL)

🔹Multiple Myeloma (MM)

🔹Others

By End User

🔹 Hospitals

🔹 Cancer Treatment Centers

By Regions

🔹 North America

🔹 Europe

🔹 Asia-Pacific

🔹 Latin America

🔹 The Middle East and Africa

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or Asia Pacific.

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