Factors such as increasing incidence of cancer, rising healthcare expenditure, and increased access to medical insurance in developed countries are driving growth in the caner immunotherapy market.
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The global cancer immunotherapy market is expected to reach USD 119.39 billion by 2021 from USD 61.97 billion in 2016, at a CAGR of 14.0% from 2016 to 2021.
However, stringent regulatory policies and side-effects associated with cancer therapy are the major factors restraining the growth of this market.
The global cancer immunotherapy market has been segmented on the basis of type, application, enduser, and region.
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Factors such as high success rate and less recovery time are contributing to the high growth in this segment.
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Based on application, the global cancer immunotherapy market is segmented into lung cancer, breast cancer, colorectal cancer, melanoma, prostate cancer, head & neck cancer, and others (renal cell carcinoma, cervical, gastric, and lymphoma). The lung cancer segment is expected to witness the highest CAGR from 2016 to 2021, primarily due to the rising prevalence of this type of cancer.
Based on endusers, the global cancer immunotherapy market is segmented into hospitals and clinics & others. The hospitals segment is expected to account for the largest share of the global cancer immunotherapy market in 2016.
The rise in healthcare spending has resulted in the increasing use of drugs in hospitals.
Key Points From Table Of Content:
5 Market Overview
188.8.131.52 Rise in Incidence Rate of Cancer Worldwide
184.108.40.206 Increase in Adoption of Immunotherapy Over Other Treatment Options
220.127.116.11 Development of Bioinformatics Tools are Enhancing Drug Development Process
18.104.22.168 High Cost of Treatment
22.214.171.124 Increase in Clinical Trials Against Several Types of Cancers in Immunotherapy
126.96.36.199 High Growth Projections in the Developing Countries
188.8.131.52 Availability of Limited Funds to Initiate Clinical Trials
184.108.40.206 Complexity of Cancer May Limit the Immune Response
5.2 Overview of Global Cancer Immunotherapy Funding
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12 Company Profile
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
12.1 Amgen Inc.
12.3 Bayer AG
12.4 Bristol-Myers Squibb
12.5 Eli Lilly and Company
12.6 Janssen Global Services, LLC (Johnson and Johnson)
12.10 F. Hoffmann-LA Roche Ltd.
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