MarkNtel Advisors – Leading Market Research Company found Global Cancer Immunotherapy Market is expected to reach 13.22% CAGR Growth By 2028.
This report provides a comprehensive analysis of the Global Cancer Immunotherapy Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the Cancer Immunotherapy Market
Base Year: 2022
Forecast Years: 2023-2028
Historical Years: 2018-2021
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Scope of the Cancer Immunotherapy Market Report:
The Global Cancer Immunotherapy Market is projected to grow at a CAGR of around 13.22% during the forecast period, i.e., 2023-28. The market is projected to experience significant growth due to several factors. One of the primary drivers is the increasing adoption of targeted therapy over traditional therapy, which has led to the emergence of biosimilars and increased demand for monoclonal antibodies (mAbs).
Which prominent factor is expected to drive the Cancer Immunotherapy Market during 2023-28?
Increasing acceptance of novel immunotherapies is expected to bode well for market expansion in the coming years. For instance, The U.S. FDA authorized a number of anti-PD-1/L1 antibodies between 2020 and 2022 for the treatment of NSCLC, renal cell carcinoma, melanoma, breast, prostate, and other malignancies. These antibodies include nivolumab, atezolizumab, avelumab, dostarlimab, and others. Therefore, the increased approval of immunotherapeutic drugs has fueled market development in the past few years.
What are the different Segment Available in the Cancer Immunotherapy Market?
By Product Type
- Monoclonal Antibodies
- Immunomodulators
- Oncolytic Viral Therapies and Cancer Vaccines
- Checkpoint Inhibitors
- Others
By Cancer Type
- Lung Cancer
- Prostate Cancer
- Breast Cancer
- Ovarian Cancer
- Pancreatic Cancer
- Head and Neck Cancer
- Melanoma
- Colorectal Cancer
By Mechanism of Actions
- Active Immunotherapy
- Passive Immunotherapy
By End Users
- Hospitals
- Cancer Research Centers
- Clinics
By Region
- North America
- Latin America
- Europe
- Middle East and Africa
- Asia-Pacific.
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Leading Cancer Immunotherapy companies operating in the Market
- Amgen Inc.,
- Astrazeneca,
- Bayer AG,
- Bristol-Myers Squibb,
- ELI Lilly and Company,
- Janssen Global Services LLC
- Johnson and Johnson),
- Merck,
- Novartis,
- Pfizer, F.
- F. Hoffmann-La Roche AG.
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