The global immunotherapy drugs market is projected to be reach USD 365.57 Billion by 2027, according to a current analysis by Emergen Research. The global market for immunotherapy drugs is anticipated to expand significantly during the forecast period, due to increasing global cancer incidence. Cancer is the world's second-largest reason of mortality. It was liable for an estimated 9.6 million fatalities in 2018. Approximately 1 in 6 mortalities was attributed to cancer worldwide. The increasing adoption of personalized treatment over conventional treatment is likely to boost the global immunotherapy drugs market during the forecast period. Rise in the incidence of lifestyle-related disorders is expected to propel the global immunotherapy drugs market during the forecast timeline. In case of hospital treatment, several lifestyle disorders, such as obesity, hypertension, diabetes, and insomnia, require intensive care. Therefore, one of the key factors driving the market for immunotherapy drugs is increase in the rate of disorders and related conditions.
The researchers find out why sales of Immunotherapy Drugs are projected to surge in the coming years. The study covers the trends that will strongly favour the industry during the forecast period, 2020 to 2027. Besides this, the study uncovers important facts associated with lucrative growth and opportunities that lie ahead for the Immunotherapy Drugs industry.
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Key Highlights of Report
In September 2020, Immunomedics, Inc. was acquired by Gilead Sciences, Inc. The deal will extend Gilead's product portfolio; also, the acquisition represented an essential step in the plan of Gilead to build a broad and inclusive oncology pipeline.
Due to the advantages of monoclonal antibodies like adaptive and highly reproductive, the monoclonal antibodies segment is anticipated to lead the immunotherapy drugs market, expanding at a rate of 12.3% during the forecast period.
In the immunotherapy drugs market, the cancer segment is expected to hold the largest market share during the forecast period. The increasing incidence of cancer, rise in research activity in this field, and insurance availability for oncology immunotherapies are factors driving the segment.
Due to the increasing spending on immunotherapy by hospitals and rising requirement for innovative treatments, the hospitals segment is projected to lead the global immunotherapy drugs market during the forecast period.
North America is expected to lead the global market for immunotherapy drugs during the forecast period, due to the escalating incidence of cancer and autoimmune disorders, increasing demand for improved cancer therapies, increasing amount of clearance by the Food and Drug Administration, and favorable reimbursement scenario.
Key market participants include Sanofi S.A., F. Hoffmann-La Roche AG, Merck & Co., Inc., AstraZeneca plc, BioNTech SE, Gilead Sciences, Inc., Incyte Corporation, bluebird bio, Inc., Genmab A/S, and Bayer AG
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Drug Type Outlook (Revenue, USD Billion; 2017–2027)
Checkpoint Inhibitors
Monoclonal Antibodies
Vaccines
Interleukins
Interferons Alpha and Beta
Others
Therapeutic Area Outlook (Revenue, USD Billion; 2017–2027)
Infectious Diseases
Autoimmune & Inflammatory Diseases
Cancer
Others
End-user Outlook (Revenue, USD Billion; 2017–2027)
Clinics
Research Centers
Hospitals
Others
The research provides answers to the following key questions:
What will be the growth rate of the Immunotherapy Drugs market for the forecast period, 2020 - 2027? What will be the market size during the estimated period?
What are driving forces keeping the prospects of the Immunotherapy Drugs market across different countries high?
Who are the prominent market players and what is their approach to stay competitive?
What are some of the key trends in the Immunotherapy Drugs industry?
What are the major challenges expected to hinder the growth of the industry in the coming years?
What opportunities can the business owners bank on to generate more profits and reduce cost?
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Immunotherapy Drugs (QCL) Market Segmentation & Impact Analysis
4.1. Immunotherapy Drugs (QCL) Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing Demand for Immunotherapy Drugss in Healthcare Applications
4.2.2.2. Increasing Use of Immunotherapy Drugss in Gas Sensing
4.2.3. Market restraints analysis
4.2.3.1. High Cost
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Immunotherapy Drugs (QCL) Market By Fabrication Technology Insights & Trends, Revenue (USD Million)
Chapter 6. Immunotherapy Drugs (QCL) Market By Packaging Type Insights & Trends Revenue (USD Million)
Chapter 7. Immunotherapy Drugs (QCL) Market By Mode of Operation Insights & Trends Revenue (USD Million)
Chapter 8. Immunotherapy Drugs (QCL) Market By End Use Insights & Trends Revenue (USD Million)
Chapter 9. Immunotherapy Drugs (QCL) Market Regional Outlook
Continued…
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