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Immunotherapy Drugs Market Worth $475+ Billion, Globally, by 2028 at 14+% CAGR | The Insight Partners

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The Insight Partners

Oct 17, 2022, 09:00 ET

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NEW YORK, Oct. 17, 2022 /PRNewswire/ -- The Insight Partners published latest research study on "Immunotherapy Drugs Market Size, Share, Revenue, Growth Strategy, Industry Trends and Forecast to 2028 – COVID-19 Impact and Global Analysis – by type, clinical indication, end user, and geography" the global immunotherapy drugs market size is expected to grow from USD 186.32 billion in 2021 to USD 476.04 billion by 2028; it is expected to grow at a CAGR of 14.4% from 2022 to 2028.

Download Sample PDF Brochure of Immunotherapy Drugs Market Size - COVID-19 Impact and Global Analysis with Strategic Insights at: https://www.theinsightpartners.com/sample/TIPRE00003416/

Global Immunotherapy Drugs Market Report Scope, Segmentations, Regional & Country Scope:

Report Coverage

Details

Market Size Value in

USD 186.32 Billion in 2021

Market Size Value by

USD 476.04 Billion by 2028

Growth rate

CAGR of 14.4% from 2022 to 2028.

Forecast Period

2022-2028

Base Year

2021

No. of Pages

150

Historical data available

Yes

Segments covered

Type, Clinical Indication, and End User

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Companies Covered

Incyte Corporation, Juno Therapeutics, Celldex Therapeutics, Tesaro, Inc., F. Hoffmann-La Roche Ltd, Amgen Inc., Novartis AG, BioNTech SE, Sanofi, GlaxoSmithKline Plc, Pfizer Inc., Merck & Co, Johnson & Johnson

Key Research Capabilities

Global Market Assessment, Business Development Strategies, Competitive Landscape, Opportunity Analysis, Regional and Country Level Market Analysis, Market Entry Strategies, Market Dynamics, Risk and Return Assessments, Pricing Analysis, Market Size and Forecasting, Company Profiling, Value Chain Analysis, Expansion Strategies, SWOT Analysis, New Product Development

Global Immunotherapy Drugs Market Forecast to 2028 - Latest COVID-19 Analysis

https://www.theinsightpartners.com/covid-analysis-sample/TIPRE00003416/

Browse key market insights spread across 150 pages with list of tables & list of figures from the report, "Immunotherapy Drugs Market Forecast to 2028 - COVID-19 Impact and Global Analysis - By Type (Vaccine Adjuvants, Dendritic Cell Activators & Growth Factors, T-Cell Stimulators & Growth Factors, Immune Checkpoint Inhibitors, Monoclonal Antibodies, Interleukins & Interferons, and Others), Clinical Indication (Cancer, Inflammatory Diseases, Autoimmune Diseases, Infectious Diseases, and Others), and End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Others)" in detail along with the table of contents: https://www.theinsightpartners.com/reports/immunotherapy-drugs-market

Incyte Corporation; Pfizer Inc.; Juno Therapeutics; Novartis AG; Celldex Therapeutics; Tesaro, Inc; Amgen Inc; F. Hoffmann-La Roche Ltd; and Merck&Co. are a few of the key players profiled during the study of the global immunotherapy drugs market. Several other major companies were analyzed during this study to get a holistic view of the immunotherapy drugs market and its ecosystem.

Based on type, the global immunotherapy drugs market is segmented into vaccine adjuvants, dendritic cell activators & growth factors, T-cell stimulators & growth factors, immune checkpoint inhibitors, monoclonal antibodies, interleukins & interferons, and others. The monoclonal antibodies segment accounted for the largest market share in 2021, and it is expected to dominate the global immunotherapy drugs market over the forecast period. Moreover, for cancer treatment, only two monoclonal immunotherapy drugs have been approved, i.e., bevacizumab (Avastin) and ramucirumab (Cyramza). These drugs block blood vessels that supply nutrients to cancerous tumors. Further, other drugs are undergoing investigation in clinical trials across various countries.  Medications that are studied in clinical trials include T-cell therapy, monoclonal antibodies (including immune checkpoint inhibitors), and oncolytic virus therapies. Immunomodulator medications targeting CTLA-4 inhibitors currently being studied for the treatment of lung cancers include tremelimumab and iplimumab.

Inquiry Before Purchase: https://www.theinsightpartners.com/inquiry/TIPRE00003416/

According to the National Cancer Institute, there were 1,806,590 new cancer cases in the US, and 606,520 associated deaths (mortalities) were registered in 2020. Moreover, according to the National Cancer Institute, the number of cancer survivors is expected to increase from 16.9 million in January 2019 to 22.2 million by 2030. As a result, manufacturers are inclined toward inventing novel approaches and methods that might curb the growth of cancer. Hence, cancer immunotherapy drugs, combined with radiation and chemotherapy treatments, prove to be an effective alternative to combat cancer. For instance, in January 2022, the US Food and Drug Administration (FDA) approved tebentafusp-tebn (KIMMTRAK), the bispecific fusion protein, for the treatment of HLA-A02:01-positive adult patients with unresectable uveal melanoma.

Based on clinical indications, the global immunotherapy drugs market is segmented into cancer, inflammatory diseases, autoimmune diseases, infectious diseases, and others. The cancer segment accounted for the largest market share in 2021, and it is expected to retain its dominance during the forecast period. In February 2022, the FDA approved the FoundationOne CDx, the companion diagnostic test, to identify patients with microsatellite instability high (MSI-H) solid tumors who may be candidates for immunotherapy. Moreover, the infectious diseases segment is expected to witness the highest CAGR from 2022 to 2028.

Based on end user, the global immunotherapy drugs market is segmented into hospitals & clinics, ambulatory surgical centers, and others. The hospitals & clinics segment accounted for the largest market share in 2021, and it is expected to continue its dominance in the global immunotherapy drugs market over the forecast period. A rise in spending on immunotherapies by hospitals and high demand for advanced therapies that are only provided by hospitals & clinics are expected to support the growth of the immunotherapy drugs market.

Quickly Purchase Premium Copy of Immunotherapy Drugs Market Growth Report (2022-2028) at: https://www.theinsightpartners.com/buy/TIPRE00003416/

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About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi

E-mail: [email protected]
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/immunotherapy-drugs-market
Industry Research: https://www.einpresswire.com/newsroom/the_insight_partners/ | https://www.whatech.com/og/markets-research/companies/the-insight-partners-2019-05-20

Logo: https://mma.prnewswire.com/media/1586348/The_Insight_Partners_Logo.jpg

SOURCE The Insight Partners

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