Asia-Pacific Cancer Immunotherapy Market – Share, Outlook, Trends, Size and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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Home > Reports > Medical Devices > Healthcare > Asia-Pacific Cancer Immunotherapy Market – Share, Outlook, Trends, Size and Forecast (2024 – 2032)
Asia-Pacific Cancer Immunotherapy Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Stimulating the immune system to work harder to attack cancer cells is referred to as immunotherapy. From past ten years, immunotherapy had played a major role in the treatment of cancer. Immunotherapy works better for treatment of some types of cancer. Different types of cancers have different types of immunotherapies.

Asia Pacific Cancer Immunotherapy Market Segments Size & Growth:

Asia Pacific Cancer Immunotherapy Market is estimated to increase by an $XX billion by 2024 at a CAGR of XX%. Augmenting adoption of immunotherapy over other treatment options and increased development of bioinformatic tools enhancing drug development process are the key drivers accelerating to growth. Rising incidence of cancer and growth in adoption of advanced therapeutics are major drivers accelerating the overall market growth.  The high cost of medications hindering the market growth. Growth in clinical trials against several types of therapies is one of the major important opportunities for the market. Increasing R&D in cancer immunotherapy is resulting in the introduction of advanced treatment options that are more effective and efficient.

Asia Pacific Cancer Immunotherapy Market Segments Share:

Based on production, cancer immunotherapy is further divided into checkpoint Inhibitors, monoclonal antibodies, cell therapies, vaccines, and immunomodulators. Monoclonal antibodies are class of antibodies produced by identical hybridoma cells. With the help of various advanced and powerful technologies which are being used in areas of biochemistry, biology, biotechnology, medical sciences, and immunology. These are sub-bodies further divided into conjugated monoclonal antibodies, bispecific monoclonal antibodies, and

Asia-Pacific Cancer Immunotherapy Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
naked monoclonal antibodies. Advancements in monoclonal antibodies include phase display, hybridoma technology, single B cell amplification and many advancements.  Vaccines are further divided into tumour cell vaccines, Allogeneic tumour cell vaccines, DC vaccines, peptide-based cancer vaccines, genetic vaccines and some other.

Application segment includes colorectal cancer, melanoma, prostate cancer, lung cancer, head & neck cancer, multiple myeloma, breast cancer and others. Lung cancer is estimated to have the largest share during the forecasting period. The major driver includes increasing incidences of lung cancer these days. About 85% of deaths nowadays are happening due to smoking. In the U.S more than one million people are diagnosed with cancer every year. Rising demand for advanced treatment options is also a major driver for the market growth.

Cancer immunotherapy by the end user is further divided into hospitals, clinics, and some others. Hospitals segment is projected to have the highest market size over 2018-2024. Increase in investments in the healthcare sector and numerous increase in usage of the immunotherapy drugs in different hospitals are accelerating the cancer immunotherapy market growth.

Based on geography, cancer immunotherapy is segmented into the Asia Pacific. Asia Pacific is estimated to be the fastest growing region with a moderate CAGR during the forecasting period. Increasing incidence of the disease and increasing patient population and new developments in immunotherapy are the major drivers for the accelerating the growth.

Asia Pacific Cancer Immunotherapy Market Trends:

  • AZACTAM (aztreonam injection) used for the treatment of

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Asia-Pacific Cancer Immunotherapy Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
cancer and launched by Bristol-Myers Squibb company.
  • Tagrisso is new potential care for the patient specifically adults which is used to treat non-small cell drug launched by AstraZeneca plc in June 2017.
  • Cyramza was launched by the Elli and Lilly company which is used for
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