Immunotherapy Market Research and Forecast, 2018-2023Posted by Orion Market Research on June 20th, 2019 Orion Market Research (OMR) recently published a market research report on the global immunotherapy market. According to OMR analysis, the global immunotherapy market is estimated to grow significantly during the forecast period 2018-2023. Increasing adoption of targeted therapy over traditional therapy, rise of auto-immune diseases among adults, increasing investment in cancer research and funding, rise in monoclonal body production for cancer treatment and increasing approvals for immunotherapies are some of the major factors supporting the growth of immunotherapy market. Furthermore, the global immunotherapy market is segmented on the basis of type, application, end user and regional outlook. The report provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis, analyst insights and predictive analysis of the market. Full report of global immunotherapy market is available at: https://www.omrglobal.com/industry-reports/immunotherapy-market/ Unlike chemotherapy, immunotherapy works to strengthen human body’s immune system. It stimulates immune system against various types of cancer cells. While chemotherapy works to destroy cancer cells with the aid of drugs; along with cancer cells, it adversely affects the non-cancerous cells as well. Targeted therapy has some side effects as well such as development of resistance by cancer cells to the specific drugs given under targeted therapy and due to this side effect, it becomes difficult to develop specific drugs for various cancer cells. Therefore, immunotherapy is becoming preferred method for cancer treatment. Monoclonal antibodies, immune checkpoint inhibitors and cancer vaccines are some of the types of immunotherapy used for the treatment of cancer. Moreover, cancer is becoming prevalent in the region reporting a substantial growth in geriatric population. According to the International Agency for Research on Cancer (IARC), a total of 17 million new cancer cases had been reported in 2018 across the globe and a total of 9.5 million cancer deaths were reported across the globe. According to IARC estimation, by 2040, there would be a total of 27.5 million new cancer cases and 16.3 million cancer deaths worldwide. Aging population remains one of the major factors for the growth of new cancer cases. Therefore, growing cancer cases across the globe is contributing to the growth of global immunotherapy market. Market Segmentation
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