The reliable Cancer Immunotherapy Market survey report gives top to bottom examination of the market for estimating income, return on investment (ROI) and developing business strategies. The report has been generated with the use of integrated approaches and latest technology for the best results. This market report is big source to not only achieve insights into revenue growth and sustainability initiative but also to know the businesses with most-detailed market segmentation in the industry. The industry report analyses market information related to specific stock, currency, commodity and geographic region or country. The universal Cancer Immunotherapy Market report deals with numerous parameters in detail to suit the requirements of business or clients.
Data Bridge Market Research analyzes that the global cancer immunotherapy market is growing with a CAGR of 14.5% in the forecast period by 2031 and is expected to reach USD 231,338.41 million by 2031 from USD 83,575.21 million in 2023. The rising global incidence of cancer, growing investments from pharmaceutical companies, biotech firms, and venture capital, and the increasing trend toward personalized medicine are some of the major factors driving the market growth. However, the market faces challenges such as immune-related adverse events and complexity of the immune system which is restraining the market growth.
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Cancer Immunotherapy Market Overview:
Cancer immunotherapy, also known as immuno-oncology, is a form of treatment that harnesses the body's immune system to identify, target, and eliminate cancer cells. Unlike traditional cancer treatments, such as chemotherapy and radiation therapy, which directly target cancer cells, immunotherapy stimulates the body's immune system to recognize and attack cancer cells.
The global cancer immunotherapy market can be defined as the collective economic activities, products, and services related to the development, manufacturing, and distribution of immunotherapeutic drugs and treatments for cancer on a worldwide scale. This market encompasses a diverse range of immunotherapies designed to enhance the immune system's ability to recognize and combat cancer cells effectively.
Some of the major players operating in the Cancer Immunotherapy Market are:
Some of the major players operating in the global cancer immunotherapy market are Merck & Co., Inc., F. Hoffmann-La Roche Ltd, Bristol-Myers Squibb Company, Janssen Pharmaceutical, AstraZeneca, Gilead Sciences, Inc., Lilly., Amgen Inc., Novartis AG, GSK plc., Pfizer Inc., Incyte., Celldex Therapeutics, Atara Biotherapeutics, Inc., Cellectis, AbbVie Inc., Bayer AG and among others.
Recent Developments in the Cancer Immunotherapy Market:
In December 2023, Kadcyla by F. Hoffmann-La Roche Ltd marked a ground-breaking achievement of introducing the first targeted therapy to demonstrate a substantial overall survival benefit for individuals with HER2-positive early-stage breast cancer with residual invasive disease following neo - adjuvant treatment
In December 2023, F. Hoffmann-La Roche Ltd reported favorable Phase III outcomes for the inavolisib combination in individuals with advanced hormone receptor-positive, HER2-negative breast cancer and a PIK3CA mutation. This contributed to Roche's recognition as one of the most sustainable pharmaceutical companies
In February 2023, AstraZeneca received approval in the European Union (EU) for the tablet formulation of Calquence (acalabrutinib) in the treatment of Chronic Lymphocytic Leukaemia (CLL) in adult patients. This helped the company enhance its market presence and contribute to its revenue growth
Table of Contents:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Cancer Immunotherapy Market Landscape
Part 04: Global Cancer Immunotherapy Market Sizing
Part 05: Global Cancer Immunotherapy MarketSegmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
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