Global Cancer Immunotherapy Market Will Reach at a Highest CAGR of 14.1% by 2025

Posted by ojasdbmr on November 25th, 2019

Global Cancer Immunotherapy Market is expected to reach USD 202.89 Billion by 2025, from USD 70.63 billion in 2017 growing at a CAGR of 14.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Cancer immunotherapy evokes the immune response against the cancerous cells. Immunotherapy acts by targeting CTLA-4 and PD-1/PD-L1 Pathway. It works either by slowing down the growth of cancer cells or boosts the immune system to destroy the cancerous cells. or either it stop the cancer from spreading to other parts of the body. Most of the companies are developing the biosimilar and biobetters by using different technologies for the treatment of cancer.

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Competitive Analysis: Global Cancer Immunotherapy Market

global cancer immunotherapy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cancer immunotherapy market for global, Europe, North America, Asia Pacific and South America.

Major Market competitors/players: Global Cancer Immunotherapy Market

Some of the major players operating in the global cancer immunotherapy market are Pfizer Inc, Astrazeneca, F. Hoffmann-La Roche LTd, Bayer AG, Amgen Inc, Novartis AG, Bristol Mayers Squibb, Johnson and Johnson, Merck KgaA, Eli Lilly, celgene Corp, Gilead , bluebird bio Inc, Celldex therapeutics, SillaJen Inc, IGNITE Immunotherapy, Westeren oncolytics ltd, PsiOxus Therapeutics, MultiVir, Vyriad, Oncolys BioPharma Inc, Cold genesys Inc, Sorrento Therapeutics Inc, Targovax, Lokon therapeutics, New-link genetics Corporation, Ziopharma oncology, Tessa therapeutics Pte Ltd, Atara biotherapeutics, Cellectis, Oryx, VCN Biosciences, Orca Therapeutics B.V, Daiichi Sankyo Co Ltd, Ascend laboratories LLC, Transgene SA, among others.

Market Segmentation: Global Cancer Immunotherapy Market

The global cancer immunotherapy market is segmented based on basis of product type, cancer type, end users and geography

• Based on product, the global cancer immunotherapy is segmented into monoclonal antibody, immunomodulators, cell therapies, checkpoint inhibitors, vaccines.
• On the basis of cancer type, the global cancer immunotherapy market is classified into melanoma, lung cancer, head and neck cancer, prostate cancer, breast cancer, multiple myeloma, colorectal cancer.
• On the basis of end users, the global cancer immunotherapy market is segmented into hospitals, oncology centers, community healthcare and others.
• Based on geography, the global cancer immunotherapy market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.

Major Market Drivers and Restraints:

• New technologies and combination product availability is expected to drive the market in the forecast period
• Production of biosimilars and biobetters
• Rising cancer suffering population
• Increased investment in research and development of cancer immunotherapy
• Downward pricing pressure owing to its commodity nature

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