Cancer Immunotherapy Market Size Growing Rapidly Over 10.1% of CAGR and is Anticipated to Reach at Approx. USD 156 Billion by 2020 |Confirms Marketreseacrhfuture.Com

Market Research Future has announced the addition of the “Global Cancer Immunotherapy Market Research Report which gives Market Size, Shares and Forecasts till 2023. The Cancer Immunotherapy Industry Report Provide analysis and evaluation of the current and prospective profitability.

Market Overview

Cancer Immunotherapy is an advanced paradigm in cancer therapeutics. Cancer immunotherapy works by enhancing the patient’s immune system. This is generally accompanied by the administration of synthesized immune proteins.

The most common therapeutic areas of cancer immunotherapy are inclusive of breast, prostate, lung cancer, and others. Increasing prevalence of the cancer is one of the major drivers for the market growth during the forecast period.

According to the National Cancer Institute in 2016, an estimated 1,685,210 new cases of cancer were diagnosed in the U.S. and approximately 595,690 people died due to cancer within the region.

Moreover, it was estimated that the national healthcare expenditures for cancer care in the U.S. totalled nearly to USD 125 billion in 2010, and it is expected to reach USD 156 billion by 2020.

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Market Key Players

  • Amgen Inc. (U.S.)
  • AstraZeneca (U.K)
  • F. Hoffmann-La Roche Ltd. (Switzerland)
  • Bayer AG (Germany)
  • Bristol-Myers Squibb Company (U.S.)
  • Eli Lilly and Company (U.S.)
  • Merck & Co., Inc. (U.S.)
  • Pfizer Inc. (U.S.)
  • Novartis AG (Switzerland)

The Americas cancer immunotherapy market is expected to grow at an approximate CAGR of 10.1% during the forecast period.

Market Segmentation

The Americas cancer immunotherapy market is segmented on the basis of cancer, therapeutics, and end users. On the basis of the cancer, the market is segmented into lung cancer, prostate cancer, colorectal cancer, head & neck cancer, and others.

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On the basis of the therapeutics, the market is segmented into monoclonal antibodies, immune checkpoint inhibitors, vaccines, non-specific cancer immunotherapies and adjuvants, and others.

The naked monoclonal antibodies segment, by monoclonal antibody segment, is father segmented into alemtuzumab, trastuzumab, and others.

Market Regional Analysis

On regional basis the Americas is divided into North America and Latin America. North America is sub segmented into U.S. and Canada. North America commands for the largest market share for the Americas cancer immunotherapy market due the presence of the U.S. within the region.

This large share is also attributed due to the technologically advanced healthcare market in the region which is followed by high prevalence of cancer, increasing development in cancer immunotherapy treatment and rising per capita healthcare expenditure.

The total number of the biotechnology industries in the U.S. increased from 2,763 in 2014 and reached 2,772 in 2015. Additionally, the abundance of state of the art laboratories in the U.S. is also facilitating the market growth.

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Major Points form Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

Chapter 3. Research Methodology

Chapter 4. Market Dynamics

Chapter 5. Market Factor Analysis

Chapter 6. Global Cancer Immunotherapy Market, By Type

Chapter 7. Global Cancer Immunotherapy Market, By Treatment

Chapter 8 Global Cancer Immunotherapy Market, By End User

Chapter 9. Global Cancer Immunotherapy Market, By Region

Chapter 10 Company Landscape

Chapter 11 Company Profiles

Chapter 12 MRFR Conclusion

Chapter 13 Appendix

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