Immunotherapy Drugs Market Outlook

By Author: Delvens
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Immunotherapy Drugs Market research report deals with many parameters in depth to satisfy the requirements of business or clients. Moreover, it also displays all the information including market definition, classifications, key developments, applications, and engagements along with the detailed actions of key players with respect to product launches, joint ventures, developments, mergers and acquisitions and effects of the same in terms of sales, import, export, revenue and CAGR values. A team of experienced and consummate market research professionals persistently track key industries to spot key developments, unmet needs and possible growth opportunities.

Immunotherapy Drugs Market, By Drug Type (Monoclonal Antibodies, Immunomodulators), By Indication (Infectious Diseases, Cancer) and by Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). The global Immunotherapy Drugs Market size is projected to reach a CAGR of 11.7% from 2023-2030.

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Immunotherapy drugs are used to enhance ...
... or suppress the immune system of the body. They are mostly used in the treatment of cancer and act by stimulating the immune system of the body and generating an immune response aiding the production of antibodies. Antibodies produced against antigens kill the cancerous or tumour cells.

The global immunotherapy market is driven by the increasing adoption of targeted therapies, the increase in the life span of patients, and the high prevalence of lifestyle diseases. Furthermore, rapid approval of drugs and reduction in the recurrence of diseases propel market growth. Additionally, immunotherapy as an alternative to chemotherapy and the use of immunotherapy as the first line of drug for the treatment of cancer provide growth opportunities for the market players shortly.

Immunotherapy Drugs Market Competitive Landscape:

Amgen, Inc.
Novartis AG
AbbVie, Inc.
Pfizer, Inc.
F. Hoffmann-La Roche Ltd.
Johnson & Johnson Services, Inc.
AstraZeneca
GSK
Sanofi
Bayer AG

Immunotherapy Drugs Market Recent Developments:

August 29, 2022 - AbbVie Showcases New Analyses and Real-World Data Across Multiple Immune-Mediated Skin Diseases at the European Academy of Dermatology and Venereology (EADV).

August 24, 2022 - AbbVie announced that the U.S. Food and Drug Administration (FDA) approved the use of IMBRUVICA® (ibrutinib) for the treatment of paediatric patients one year and older with chronic graft versus host disease (cGVHD) after the failure of one or more lines of systemic therapy.

Immunotherapy Drugs Market Key Findings:

Immunotherapy drugs are used to enhance or suppress the immune system of the body. They are mostly used in the treatment of cancer and act by stimulating the immune system of the body and generating an immune response aiding the production of antibodies. Antibodies produced against antigens kill the cancerous or tumour cells.

The indication segment is further fragmented into Cancer, Autoimmune Diseases, Infectious Diseases, and Others. The cancer segment accounted for the largest revenue share owing to the increased prevalence of cancer, coupled with a rise in the launch of cancer immunotherapies.

The drug type segment is further fragmented into monoclonal antibodies, immunomodulators, and vaccines. The monoclonal antibodies segment accounted for the largest share owing to increased R&D in therapeutic monoclonal antibodies coupled with supportive government initiatives.

The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America dominated the global industry and accounted for the largest share of the overall revenue. The launch and regulatory approval of new immunotherapy drugs and favourable reimbursement policies are projected to aid in the region’s growth.

Immunotherapy Drugs Market Regional Analysis:

North America to Dominate the Market

North America dominated the global industry and accounted for the largest share of the overall revenue.

The launch and regulatory approval of new immunotherapy drugs and favourable reimbursement policies are projected to aid in the region’s growth.

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Scope of the Immunotherapy Drugs Market Report:

Immunotherapy Drugs Market is segmented into various segments such as drug type, indication, and region:

On the basis of drug type

Monoclonal Antibodies
Immunomodulators
Vaccines

On the basis of the indication

Cancer
Autoimmune Diseases
Infectious Diseases
Others

On the basis of region

Asia Pacific
North America
Europe
South America
Middle East & Africa

Frequently Asked Questions:

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