Global Immuno-Oncology Drugs Market Size, Forecasts, And Opportunities – Includes Immuno-Oncology Drugs Market Trends
Learn about the global immuno-oncology drugs market through The Business Research Company, which provides information on immuno-oncology drugs market size, immuno-oncology drugs market drivers and restraints, immuno-oncology drugs market players, the COVID-19 impact on the immuno-oncology drugs market, and more.
The immuno-oncology drugs market size is expected to grow from $67.88 billion in 2021 to $116.23 billion in 2026 at a rate of 11.4%. The immuno-oncology drugs market size is then expected to grow at a CAGR of 10.0% from 2026 and reach $186.91 billion in 2031.
Product innovations through strategic collaborations are contributing to the growth of the immun0-oncology drugs market.
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The immuno-oncology drugs market consists of sales of immuno-oncology drugs by entities (organizations, sole traders and partnerships) that are used for the treatment of cancer. Immuno-oncology is the artificial stimulation of the immune system to treat cancer, improving the immune system’s ability to fight the disease. The market consists of revenue generated by the companies’ manufacturing immuno-oncology drugs by the sales of these products.
Global Immuno-Oncology Drugs Market Segments Include:
By Type: Immune Checkpoint Inhibitor, Immune System Modulators, Other Monoclonal Antibodies, Cancer Vaccines, Others
By Therapeutic Application: Melanoma, Lung Cancer, Blood Cancer, Renal Cell Carcinoma, Bladder Cancer, Other Therapeutic Application
By End-Users: Hospitals, Clinics, Ambulatory Surgical Centers, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the immuno-oncology drugs market, accounting for 48.3% of the total in 2021.
Drug manufacturers are investing in developing personalized cancer vaccines, and few have reached clinical trial phases. Pharmaceutical companies are combining genetic sequencing and precision medicine to create new drug therapies and cancer treatments that are designed to treat specific patients. DNA vaccines are easy and cost effective to manufacture as compared with other neoantigen vaccine.
Major Market Players: F. Hoffmann-La Roche Ltd., Merck & Co., Bristol-Myers Squibb Company, Amgen Inc, Johnson & Johnson
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 (2016-21) and ten years forecast (2022-2026-2031)
The Immuno-Oncology Drugs Market Report 2022 is one of a series of new reports from The Business Research Company that provides immuno-oncology drugs market overviews, analyzes and forecasts market size, share, immuno-oncology drugs market players, immuno-oncology drugs market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s immuno-oncology drugs market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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