Cancer Vaccine Market Industry Trends, Estimation & Forecast, 2018 - 2025

Cancer vaccines have evolved as one of the best medical revolutionary innovations that act as an adjustment and a viable option for treating various types of cancers such as breast cancer, blood cancer, kidney cancer, lung cancer, bladder cancer, and various others. The increasing consumption of tobacco & alcohol and the sedentary lifestyle of people are leading to the rise in the number of cancer patients across the globe, which in turn is driving the growth of the cancer vaccines market. In the current scenario, cancer is considered to be one of the most complex genetic diseases. This is the reason, cancer vaccines are preferred to kill the cancer cells and restrain the sudden mutations.

These vaccines work by stimulating or restoring the immune system’s ability to fight against infections and diseases. It is used either as stand-alone therapies or in combination with traditional cancer therapeutics such as chemotherapy and surgery. As cancer is often associated with a high mortality rate and are resistant to traditional treatments like chemotherapy and radiation, this has led to the research and development of anti-cancer immunotherapies. The side effects of cancer vaccines may differ from person to person. The most commonly reported are inflation at the site of injection, fever, chills, nausea, blood pressure, and among others.

The increasing consumption of tobacco & alcohol and the sedentary lifestyle of people are leading to the rise in the number of cancer patients across the globe, which in turn is driving the growth of the cancer vaccines market. In the current scenario, cancer is considered to be one of the most complex genetic diseases. This is the reason, cancer vaccines are preferred to kill the cancer cells and restrain the sudden mutations.

Cancer Vaccine Market is expected to grow with a CAGR of 17.5% during the forecast period of 2018 to 2025.

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The cancer vaccine is classified into preventive and therapeutic vaccines and also applied for prostate and cervical cancers among others. the market has been categorized into antigen vaccines, anti-idiotype vaccines, dendritic cell vaccines, whole-cell vaccines, and DNA vaccines. Based on the application of vaccines, the market has been segmented into preventive (or prophylactic) vaccines and treatment vaccines. Preventive vaccines approved in the U.S. are HPV and hepatitis B vaccines. Treatment vaccines can be of two types: autologous cancer vaccines (derived from oneself) and allogenic cancer vaccines (made from non-cancer cells of one’s own body). In terms of end-user, the cancer vaccines market has been divided into adults and children.

The forecast estimation is predicted based on the key regions that include North America, Europe, Asia Pacific, Middle East, South America, and the Middle East & Africa
Key players in the cancer vaccines market are such as AstraZeneca plc, Prima Sanofi, BioMed, GlaxoSmithKline, Merck, Aduro BioTech, OncoThyreon, and Oxford BioMedica.

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This release was published on openPR.