Pharmaceuticals

Global Checkpoint Inhibitors Market Overview And Prospects

November 24, 2021 by The Business Research Company

Learn about the global checkpoint inhibitors market through The Business Research Company, which provides information on checkpoint inhibitors market size, checkpoint inhibitors market drivers and restraints, checkpoint inhibitors market players, the COVID-19 impact on the checkpoint inhibitors market, and more.

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The global checkpoint inhibitors market is expected to grow from $15.29 billion in 2020 to $18.04 billion in 2021 at a compound annual growth rate (CAGR) of 18%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The checkpoint inhibitors market is expected to reach $39.81 billion in 2025 at a CAGR of 22%.

The rise in the number of cancer cases across the globe is expected to drive innovation in checkpoint inhibitors manufacturing, thus driving the market during the forecast period.

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The checkpoint inhibitors market consists of sales of the immune checkpoint inhibitor drugs and related services by entities (organizations, sole traders and partnerships) that produce checkpoint inhibitors for treating cancer. A checkpoint inhibitor is a drug that blocks proteins that stop the body’s immune system from killing the cancer cells.

Global checkpoint inhibitors market segments include:

By Drug: PD-1 Inhibitors, PD-L1 Inhibitors, CTLA-4, Chimeric Antigen Receptor T-cell, Others

By Application: Lung Cancer, Renal Cancer, Blood Cancer, Bladder Cancer, Melanoma, Others

By End-Users: Hospitals Pharmacies, Retail Pharmacies, Online Pharmacies

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Major companies in the checkpoint inhibitor market are forming partnerships or collaborations for the development of advanced technologies such as bifunctional fusion protein or Y-trap. Most of the patients with cancer do not respond to immune checkpoint inhibitors. To make immunotherapies more effective, a group of researchers has developed the bifunctional fusion protein or Y-trap. This drug is created by fusing a receptor for a protein called TGF-beta that targets checkpoint protein such as PD-L1 or CTLA-4. Y- Trap targets both a checkpoint inhibitor and TGF-beta and gives a more effective way to block the immune suppression and destroys the cancer cells.

TBRC’s checkpoint inhibitors market report covers:

Major Market Players: AstraZeneca PLC, Bristol-Myers Squibb Company, Merck & Co., Inc., Roche Holding AG, Pfizer, Incyte Corporation, Novartis AG, and NewLink Genetics Corporation.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Checkpoint Inhibitors Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides checkpoint inhibitors market overviews, analyzes and forecasts market size, share, checkpoint inhibitors market players, checkpoint inhibitors market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s checkpoint inhibitors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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