Market Insights and Analysis: Global Cancer Immunotherapy Market Overview and Projections (2023-2028)
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).
Top leading companies in the Global Cancer Immunotherapy Market includes:
Amgen Inc., Astrazeneca, Bayer AG, Bristol-Myers Squibb, ELI Lilly and Company, Janssen Global Services LLC, Johnson and Johnson, Merck, Novartis, Pfizer, F., Hoffmann-La Roche Ltd..
Possible Restraint: Side-effects Associated with the Cancer Immunotherapy
The numerous side effects associated with Immunotherapy are expected to reduce the number of prescriptions written for cancer. This is because treatments offered are linked to several adverse side effects, including gastrointestinal problems, insomnia, fatigue, and pain. These negative effects impact patients' overall quality of life, and managing them comes at an additional expense. Additionally, long-term immunotherapeutic drug use has been linked to severe organ deterioration and a rise in organ failure cases. Backed by these aspects, the market will likely impede in the coming years.
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Report Segmentation:
The market is categorized into the following segments in the report:
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.
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Global Cancer Immunotherapy Market Geographic Reach:
The Geographic Reach of the Global Cancer Immunotherapy Market evaluates the spread and significance of Global Cancer Immunotherapy market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: USA, Canada
- Europe: Germany, UK, France, Italy, Spain
- Asia-Pacific: China, India, Japan, South Korea, Australia and Others
- South America: Brazil, Argentina, Mexico
- Middle East Africa: UAE, Saudi Arabia, South Africa, Turkey.
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