The report is titled as ‘Cancer Immunotherapy Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Cancer Immunotherapy market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Cancer Immunotherapy market is expected to grow with significant rate in the near future.
The cancer immunotherapy market is estimated to reach at a value of US$ 99.3 Bn by the end of 2022 and expected to reach at a value of US$ 194.5 Bn by 2030 with a significant CAGR of 8.8%.
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Cancer Immunotherapy Introduction
An immunotherapy is basically a type of biological therapy that is given for cancer treatment which helps to build the immunity of the individual to fight from cancer. It works by guiding the immune system against the cancer-specific targets by activation of the immune system to impel the target through triggering a response that is proficient to destroy the cancerous cells.
Cancer immunotherapy is more desirable as compared to the old techniques as it provides cancer protection for longer time with less side effects and treatment for comprehensive range of cancers which comprises of melanoma, prostate cancer, breast cancer, colorectal cancer, lung cancer, head & neck cancer, and more. There are various types of immunotherapies used for cancer treatment such as, T-cell transfer therapy, Immune checkpoint inhibitors, Monoclonal antibodies, Vaccines treatment and Immune system modulators.
One of the primary factors that is boosting the demand of cancer immunotherapy is the rising incidences of the cancers among the population. Moreover, the increasing usage of cancer immunotherapy for melanoma therapeutics contributing to the manufacturing of novel products, ample number of FDA approvals as well as the progression in research and development sector which is further increasing the growth of cancer immunotherapy market in the forthcoming future.
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Cancer Immunotherapy Market Segmentation
The cancer immunotherapy market is segmented on the basis of product type, application, end user, and region
By Product Type
- Monoclonal Antibodies
- Cytokines & Immunomodulators
- Immune Checkpoint Inhibitors (ICI)
- PD-1 inhibitors
- PD-L1 inhibitors
- Oncolytic Viral Therapies
- Lung Cancer
- Breast Cancer
- Colorectal Cancer
- Prostate Cancer
- Head & Neck Cancer
By End User
- Cancer Research Centers
- North America
- Latin America
- Asia Pacific
- Middle East
Cancer Immunotherapy Market Key Players
Some of the key participating players in cancer immunotherapy market are:
- Amgen Inc.
- Hoffmann-La Roche Ltd
- Bristol-Myers Squibb Company
- Merck & Co., Inc.
- Seattle Genetics Inc.
- Celgene Corporation
- Eli Lilly and Company
- Novartis AG
- Pfizer, Inc.
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