The Immunotherapy Drugs Market Report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Immunotherapy Drugs Industry Report covers the present scenario and the growth prospects of the Immunotherapy Drugs Market for 2017-2021. The research was conducted using an objective combination of primary and secondary information including inputs from key participants in the Immunotherapy Drugs industry.
Immunotherapy Drugs Market is poised to reach USD 201.52 billion by 2021 with 13.5% CAGR during the forecast period of 2016-2021
Immunotherapy Drugs Market analysis is provided for global market including development trends by regions, competitive analysis of the Immunotherapy Drugs market. Immunotherapy Drugs Industry report focuses on the major drivers and restraints for the key players.
The high growth of this segment can be attributed to factors such as increasing adoption of checkpoint inhibitors in cancer treatment with their ability to target only foreign cells leaving normal cells alone.
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The major players operating in the immunotherapy drugs market include F. Hoffmann-La Roche AG (Switzerland), GlaxoSmithKline (U.K.), AbbVie, Inc. (U.S.), Amgen, Inc. (U.S.), Merck & Co., Inc. (U.S.). Bristol-Myers Squibb (U.S.), Novartis International AG (Switzerland), Eli Lilly and Company (U.S.), Johnson & Johnson (U.S.), and AstraZeneca plc (U.K.).
Immunotherapy Drugs Market DRIVERS:
- Increasing Adoption of Targeted Therapy Over Traditional Therapy
- Emergence of Biosimilars
- Increasing Demand for mAbs
- High Prevalence Rate of Lifestyle Diseases
- Fast Track and Orphan Drug Designations
Immunotherapy Drugs Market RESTRAINTS:
- High Cost of Immunotherapy Treatment
- High Attrition Rate in the Product Development Cycle
Drugs Market OPPORTUNITIES:
- Emerging Markets
- Immunotherapy to Replace Chemotherapy in Cancer Treatment
Immunotherapy Drugs Market CHALLENGE:
- Impending Patent Expiry of Top-selling Biologics
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Immunotherapy Drugs Market Segmentation Based On Region:
Based on geography, the immunotherapy drugs market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to account for largest share in the immunotherapy drugs market, by region in 2016. Asia-Pacific is expected to be the fastest-growing regional segment in the immunotherapy drugs market. The high growth of this segment can primarily be attributed to the low cost of manufacturing and acceptable regulatory scenario in this region.
Immunotherapy Drugs Market Segmentation Based On Therapy area:
On the basis of therapy area, the immunotherapy drugs market is segmented into cancer, autoimmune & inflammatory diseases, infectious diseases, and others. Among these segments, the cancer segment is expected to account for the largest market share in 2016. Cancer segment is also expected to be the fastest growing segment in the immunotherapy drugs market, by therapy area in 2016. The large share and high growth of this segment can be attributed to factor such as high preference for immunotherapy as a first line of treatment in cancer leading to growing demand for immunotherapy drugs.
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Immunotherapy Drugs Market Segmentation Based On Technology:
Based on type of drugs, the market is segmented into monoclonal antibodies, adult vaccines, checkpoint inhibitors, interferons alpha & beta, interleukins, and others. Adult vaccines segment is further categorized into preventive vaccines and therapeutic vaccines. Monoclonal antibodies segment is expected to account for the largest market share in the immunotherapy drugs market, by type of drugs in 2016. On the other hand, checkpoint inhibitors segment is expected to be the fastest growing segment in the immunotherapy drugs market, by type of drugs, in 2016. The high growth of this segment can be attributed to factors such as increasing adoption of checkpoint inhibitors in cancer treatment with their ability to target only foreign cells leaving normal cells alone
Immunotherapy Drugs Market Segmentation Based On End-User:
No. of Pages: 176
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