Global Biosimilar Lymphocyte Modulator Market Segments
16 Oct, 2020
The global lymphocyte modulator market is expected to decline from $1.29 billion in 2019 to $1.21 billion in 2020 at a compound annual growth rate (CAGR) of -5.57%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $1.67 billion in 2023 at a CAGR of 11.1%. Immunotherapy combined with other cancer treatments is expected to drive the growth of the biosimilar lymphocyte modulators market. However, the shortage of raw material for lymphocyte modulator drugs is expected to restrict the growth of the biosimilar lymphocyte modulator market.
Lymphocyte modulators are intended as an aid in the treatment for cancer and autoimmune diseases, and for regulating carotene intake in humans with a weak immune system. Only goods and services traded between entities or sold to end consumers are included.
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The global biosimilar lymphocyte modulator market is further segmented based on type and geography.
By Drug: Campath-1H, Natalizumab Biosimilar, efalizumab - a1089-anti-CD11a biosimilar, Anti-CD38 daratumumab Biosimilar, Anti-CS1 elotuzumab Bisoimilar
By Disease: Arthritis, Diabetes, Multiple Myeloma, Enterocolitis, Multiple Sclerosis, Psoriasis, Others.
By Geography: The global biosimilar lymphocyte modulator market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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Trends In The Biosimilar Lymphocyte Modulator Market
Tumor-Infiltrating Lymphocyte Immunotherapy has been gaining popularity in recent times because of its positive results in anti-cancer treatments. Tumor-infiltrating lymphocytes (TILs) comprise of all lymphocytic cell populaces that have occupied the tumor tissue. TILs have been depicted in various solid tumors including breast cancer and are emerging as a significant biomarker in predicting the efficacy and result of treatment. Due to promising results, many companies have started launching TIL technologies.
Biosimilar Lymphocyte Modulator Global Market Report 2020 is one of a series of new reports from The Business Research Company that provides biosimilar lymphocyte modulator market overviews, analyzes and forecasts biosimilar lymphocyte modulator market size and growth for the global biosimilar lymphocyte modulator market, biosimilar lymphocyte modulator market share, biosimilar lymphocyte modulator market players, biosimilar lymphocyte modulator market size, biosimilar lymphocyte modulator market segments and geographies, biosimilar lymphocyte modulator market trends, biosimilar lymphocyte modulator market drivers and biosimilar lymphocyte modulator market restraints, biosimilar lymphocyte modulator market’s leading competitors’ revenues, profiles and market shares. The biosimilar lymphocyte modulator market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.