A research report by MarkNtel Advisors on the Oncolytic Virus Therapy Market brings together an in-depth understanding of the industry exhibiting all the aspects influencing the expansion in the historical years (2017 to 2020), the scenario of the base year (2021), and estimates of the forecast years (2022 to 2027) across different geographies.
This analysis is an unbiased, accurate, and reliable source of information for the stakeholders to understand the key parameters influencing the industry, like growth drivers, challenges, restraints, and opportunities, among others. The stakeholders can also attain data on the current trends, recent developments, investments & strategies, among other elements shaping the market dynamics and projecting its growth pace over the years & in the future.
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Market Dynamic for Oncolytic Virus Therapy Industry
Growth Driver –
- Increasing technological advancements in cancer treatments & the development of new therapies
- Growing adoption of advanced therapeutic options & rising cancer cases
- Research & Development initiatives & investments by healthcare providers
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR (2022-2027) | 20.3% |
| Regions Covered | North America: USA, Canada, Mexico |
| Europe: Germany, UK, France, Italy, Spain | |
| Asia-Pacific: China, India, Japan, Australia | |
| South America: Brazil, and Argentina | |
| Middle East & Africa: UAE, Saudi Arabia, South Africa | |
| Key Companies Profiled | Amgen Inc., Daiichi Sankyo Company Limited, DNAtrix, Genelux Corporation, Oncolytics Biotech Inc., PsiOxus Therapeutics, RIGVIR Ltd., Shanghai Sunway Biotech Co. Ltd., SillaJen Inc., Sorrento Therapeutics Inc., Takara Bio Inc., Lokon Pharma AB, VCN Biosciences, ViroCure Inc., Viralytics Ltd. (Merck & Co. Inc.) |
| Unit Denominations | USD Million/Billion |
Upcoming Challenges –
- High costs of OV therapy imposing financial burden for low & middle-income cancer patients
- Challenges in the research & development of safe & effective therapies
- Limited availability of drugs
Segmentation Analysis
The report on the Oncolytic Virus Therapy Market entails a detail-oriented analysis of the key aspects driving the market expansion in different segmentation & geographies. This section aims solely to enlighten the stakeholders & the leading players to plan & lay out new strategies for their visibility, product portfolio, & customer base, alongside the massive revenue generation & profits in the coming years. The section incorporates analysis in sub-division covering aspects like trends, developments, demand & supply chain, and product/service pricing, among others, in detail. Below cited are the different segments in the report:
By Therapy
- IMLYGIC (Talimogene Laherparepvec)
- Oncorine
- RIGVIR Immunotherapy
- Onyx-15
- Reolysin
By Application
- Solid Tumor
- Breast Cancer
- Prostate Cancer
- Lung Cancer
- Glioblastoma/Glioblastoma Multiforme
- Melanoma
- Hematological Malignancies
- Lymphoma
- Leukemia
- Myeloma
By Type of Virus
- Genetically Engineered Oncolytic Virus
- Herpes Simplex Virus(HSV)
- Adenovirus
- Vaccinia Virus
- Oncolytic Wild Type of Viruses
- Myxoma
- Vesicular Stomatitis Virus (VSV)
- Newcastle Disease Virus (NDV)
- Reovirus (Respiratory Enteric Orphan Virus)
By End-User
- Hospitals
- Clinics
- Patients
- Cancer Research Institutes
Market Geographical Data
On the geographical front, the Oncolytic Virus Therapy Market expands across the following region:
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
of them all, North America is projected to attain the largest market share during 2022-27, mainly due to its extensive & superior healthcare infrastructure, coupled with improvised reimbursement policies across various countries. Additionally, the well-established research environment for biotechnologies in the region also significantly contributes to the overall market growth. Besides, the presence of the leading healthcare providers, especially in countries like the US & Canada, coupled with their active participation in the R&D of cancer therapy through massive investments, are other crucial aspects expected to drive the regional market in the coming years.
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Covid-19 Impact on the Oncolytic Virus Therapy Industry
The advent of Covid-19 in 2020 had a consequential effect on most industries worldwide, which instigates the researchers to rigorously research upon the ground reality of the situation on the Oncolytic Virus Therapy Market by constantly interacting with field experts. This report exhibits a detailed analysis of the impact, compiling all the attributes of relevant events that happened during & after the outbreak, alongside the strategies adopted by the industry players to overcome the damages & sustain amidst the crisis. Moreover, the Oncolytic Virus Therapy Market Analysis, 2022, also talks about the elements considered by the players while prepping up for such situations in case something like this happens again.
Report Full Table of Content
- Introduction
- Product Definition
- Research Process
- Assumptions
- Market Segmentation
- Executive Summary
- Impact of Covid-19 on Oncolytic Virus Therapy Market
- Global Oncolytic Virus Therapy Market Policies & Regulations
- Global Oncolytic Virus Therapy Market Trends & Insight
- Global Oncolytic Virus Therapy Market Dynamics
- Impact Analysis
- Drivers
- Challenges
- Global Oncolytic Virus Therapy Market Hotspot & Opportunities
- Global Oncolytic Virus Therapy Market Analysis, 2018-2027
Competitive Landscape
The study on Oncolytic Virus Therapy Market brings together extensive research on the prominent players dominating the industry by rigorously profiling each company and their operations, product/service portfolio, mergers & acquisitions, expansion plans, recent developments, key strategies, and opportunities to attain higher profit margins. The leading players in the industry profiled in the report include the following:
- – Amgen Inc.
- – Daiichi Sankyo Company Limited
- – DNAtrix
- – Genelux Corporation
- – Oncolytics Biotech Inc.
- – PsiOxus Therapeutics
- – RIGVIR Ltd.
- – Shanghai Sunway Biotech Co. Ltd.
- – SillaJen Inc.
- – Sorrento Therapeutics Inc.
- – Takara Bio Inc.
- – Lokon Pharma AB
- – VCN Biosciences
- – ViroCure Inc.
- – Viralytics Ltd. (Merck & Co. Inc.)
We also offer customization services to the stakeholders on the Oncolytic Virus Therapy Market, exhibiting a comprehensive analysis of the industry. The report incorporates the relevant aspects curating the fundamentals underlying the market potential and helping the stakeholders to make informed decisions & investments in the industry.
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Key Reasons to Buy the Report:
- The report reflects the fluctuating dynamics of the industry by focusing on all the growth drivers, restraints, opportunities, and challenges, among others.
- The stakeholders can attain detail-driven, accurate, and reliable information about the ongoing trends & recent developments in the market, alongside the rise & fall of the industry across each segment in different geographies.
- Using the insights of the study, the reader also gets a perspective on the competitive landscape of the market, alongside the prominent strategies, initiatives, developments, mergers & acquisitions, among other dynamics of the players for their sustainability & higher profit margins in the industry.
- Upon the finances, the analysis also offers estimates on the investments made by the key players & governments of different countries amidst the changing market interface.
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