Immuno-oncology Drugs Market: Business Segmentation by Revenue, Market Landscape, Present Scenario and Growth Prospects 2025 Appraised By Global Players Amgen, Inc., Merck & Co., Johnson & Johnson, Novartis International AG, Pfizer Inc.
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Global Immuno-oncology drugs market is driven by factors such as increasing prevalence of cancer, active research and development by leading manufacturers through collaborations and individual research, and robust pipeline. According to World Health Organization (WHO), cancer is one of the major non-communicable diseases and the second-leading cause of death worldwide. According to International Agency for Research on Cancer (IARC) in 2012, there were around 14.1 million new cases, around 8.8 million deaths, and around 32.6 million of people suffering from cancer worldwide. There are many immuno-oncology drugs in the pipeline such as CAR-T cell therapy offered by Juno Therapeutics, Inc. and Kite Pharma. Immuno-oncology drugs has proven clinical profile and increasing approvals to include more indication for existing drugs such as Nivolumab, which in turn is expected to boost growth of the immuno-oncology drugs market.
Global Immuno-Oncology Drugs Market, By Drug Type:
Immune Checkpoint Inhibitors
CTL-4 Checkpoint Inhibitor
PD-1 & PD-L1 Checkpoint Inhibitor
Naked Monoclonal Antibodies
Conjugated Monoclonal Antibodies
Ibrotumomab Tiuxetan (Zevalin)
Chemo labeled Antibodies
Brentixumab Vedotin (Adcetris)
Trastuzumab Emtansine (Kadcyla)
Bispecific Monoclonal Antibodies
Cytokine Based Immunotherapy
CAR-T Cell Therapy
Global Immuno-Oncology Drugs Market, By Cancer Type:
Non-Small Cell Lung Cancer
Acute Myeloid Leukemia
Lymphoma (Hodgkin’s and Non-Hodgkin’s Lymphoma)
Head & Neck Cancers
Global Immuno-Oncology Drugs Market, By Geography:
Global Key Players:
Some major players operating in the immuno-oncology drugs market include Amgen, Inc. AstraZeneca Plc, Bristol-Myers Squibb, Celgene Corporation, Eli Lilly and Company, Merck & Co., F. Hoffmann-La Roche AG, Johnson & Johnson, Novartis International AG, AbbVie, Inc., Pfizer Inc., Sanofi S.A., EMD Serono, Inc., Gilead Sciences Inc., Prometheus Therapeutics & Diagnostics, Aduro BioTech, Galena Biopharma, Bavarian Nordic, Celldex Therapeutics, ImmunoCellular Therapeutics, and Incyte.
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Active Research And Development By Leading Players As Well As Small Innovative Organizations Are Expected To Boost Growth Of The Immune-Oncology Drugs Market:
According to the World Health Organization (WHO), cancer was responsible for 8.8 million deaths in 2015. Owing to benefits associated with these therapies, the leading players are actively investing in research and development into this treatment category through various collaborations and individual research studies. For instance, EMD Serono is involved in research and development of immune-oncology drugs and has a few drugs in pipeline such as M7824 (investigational) bifunctional immunotherapy. In 2015, Merck & Co., a leading drug manufacturer and MD Anderson Cancer Center entered into a strategic clinical research collaboration for formers drug Keytruda (Pembrolizumab). Celsee Diagnostics and IncellDx announced an immuno-oncology research agreement in 2017. Bristol-Myers Squibb is developing immuno-oncology approaches for treatment of colorectal cancer, lung cancer, melanoma, liver cancer, lymphoma, multiple myeloma, and others. Amgen, Inc. is actively involved in immune-oncology research and the company launched an immunotherapy collaboration with Kite Pharma to develop and commercialize chimeric antigen receptor (CAR) T cells in 2015.
High cost of immuno-oncology therapies, which is unaffordable to low and middle class population is restraining growth of the market. For instance Keytruda (Pembrolizumab), a monoclonal antibody for the treatment of various types of cancer costs around US$ 2,250 for a vial of 50 mg.
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