Immune Checkpoint Inhibitors Market 2021 Size by Global Players- Bristol-Myers Squibb Company, Merck and Co., F. Hoffmann-La Roche AG

Global Immune Checkpoint Inhibitors Market 2021-2025 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Global Immune Checkpoint Inhibitors market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Immune Checkpoint Inhibitors market all told its geographical and merchandise segments.

The immune checkpoint inhibitors market studied was anticipated to grow with a CAGR of 18% during the forecast period.

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The Global Immune Checkpoint Inhibitors market is highly competitive and consists of a number of major players. Companies like Bristol-Myers Squibb Company, Merck & Co., F. Hoffmann-La Roche AG, Regeneron Pharmaceuticals Inc., AstraZeneca PLC among others.

Key Developments:

For instance, in June 2019, Merck received accelerated approval from the USFDA for its pembrolizumab (KEYTRUDA) for the treatment of patients with metastatic SCLC with disease progression on or after platinum-based chemotherapy and at least one other prior line of therapy which is likely to boost the market share during the forecast period. Few of the major players currently dominating the industry in terms of revenue are Bristol Myers Squibb Company, AstraZeneca PLC, F. Hoffmann-La Roche AG, Regeneron Pharmaceuticals Inc., and Merck & Co. Inc.        

Market Overview:

The primary factor attributing to the growth of the market is a steep rise in the global prevalence of various types of cancers coupled with a steep increase in the geriatric population across the geographical locations, mainly in developed and emerging economies. For instance, according to the World Health Organization report, cancer is a leading cause of mortality globally, accounting for an estimated 9.6 million deaths, and lung cancer was identified as the most common cause of death, with 1.76 million deaths in 2018. Thus, the rise in the volume of patient pool, increased awareness among the people along with earlier detection of cancer using technologically advanced screening procedures are likely to boost the immune checkpoint inhibitors market's growth during the forecast period.

Key Market Trends:

The PD-1 Inhibitors Segment is Expected to Hold the Largest Market Share in the Immune Checkpoint Inhibitors Market

- The PD-1 inhibitors segment is expected to account for the largest revenue over the forecast period the dominance of the segment can be attributed to the increased volume of research activities, approvals, and rise in prescriptions of these drugs such as nivolumab and pembrolizumab. Furthermore, increased adoption of pembrolizumab (KEYTRUDA), the first PD-1 inhibitor since its approval in 2014 due to its proven efficiency to treat multiple FDA-Approved indications like melanoma, non-small cell lung cancer (NSCLC), head and neck squamous cell cancer (HNSCC), and others which are highly prevalent globally driving the growth of the segment market. An increasing number of allergic reactions associated with the medication of Yervoy, the only CTLA-4 inhibitor product available in the market, is also expected to fuel the growth of this segment.
- On the other hand, huge investments by the key players for the development of products with low dose CTLA-4 inhibitors, other non-PD-1, and PD-L1 ICI drugs such as the IDO-1 agents, LAG-3 agents, TIM-3 agents, and CD47/SIRP_ agents are likely to propel the market revenue over the forecast period.

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The key insights of the Immune Checkpoint Inhibitors Market report:

The report provides key statistics on the market status of the Immune Checkpoint Inhibitors market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Immune Checkpoint Inhibitors market report presents the company profile, product specifications, capacity, production value, and 2015-2021 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2021-2025 market development trends of Immune Checkpoint Inhibitors
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Immune Checkpoint Inhibitors Industry before evaluating its feasibility.

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Key points in this report:

– The market estimate (ME) sheet in Excel format

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– 3 months of analyst support

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