Immunotherapy drugs market accounted CAGR 13.2% of growth by 2024 With Major market competitors like Amgen, Johnson & Johnson, Abbvie, Glaxo Smith Kline,Amgen, Astrazeneca

Immunotherapy drugs market accounted to USD 107 billion in 2016 growing at a CAGR of 13.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Immunotherapy (sometimes called immuno-oncology) is the artificial stimulation of the immune system to treat cancer, improving on the system's natural ability to fight cancer. It is an application of the fundamental research of cancer immunology and a growing subspecialty of oncology. It exploits the fact that cancer cells often have tumor antigens, molecules on their surface that can be detected by the antibody proteins of the immune system, binding to them. The tumor antigens are often proteins or other macromolecules (e.g. carbohydrates). Normal antibodies bind to external pathogens, but the modified immunotherapy antibodies bind to the tumor antigens marking and identifying the cancer cells for the immune system to inhibit or kill.

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Major Market Drivers and Restraints:
• Increase in the prevalence of cancer and a number of autoimmune diseases
• Rising need for mAbs
• Increasing demand of biological and targeted drug therapies
• Technological developments
• High cost of drug development

The Immunotherapy drugs market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Immunotherapy drugs market for global, Europe, North America, Asia Pacific and South America.

Major Competitors in Immunotherapy Drugs Market:
•Amgen Inc
•Johnson & Johnson
•Abbvie, Glaxo Smith Kline,Amgen Inc
•Eli lilly& Co
•Astrazeneca
•Roche diagnostics
•Novartis AG,Bristol-Myers Squibb
•Pfizer
•ELI Lilly and Company
•Merck & Co.
•Sanofi, and Celgene Corporation
•Roche
•Novartis
•Celgene among others

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Market Segmentation:
By Therapyarea the Immunotherapy drugs market is segmented into Cancer, Autoimmune Diseases, and Infectious Diseases.
On the basis of end-users the Immunotherapy drugs market is segmented into hospitals.
On the basis of geography, Immunotherapy drugs market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market

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