Press release
Immunotherapy Drugs Market New Business Opportunities and Investment Research Report by 2028
Immunotherapy Drugs Market by Therapy Area [Cancer (Solid Tumor and Malignant), Autoimmune & Inflammatory Diseases, Infectious Diseases, and Others], Type of Drugs [Monoclonal Antibodies, Adult Vaccines (Preventive Vaccines and Therapeutic Vaccines), Checkpoint Inhibitors, Interferons Alpha & Beta, Interleukins, and Others] - Global Opportunity Analysis and Industry Forecast, 2021-2028The Covid-19 outbreak has severely affected every sector across the world. The patient numbers have been increasing every day and the majority of the countries are in complete lockdown. This has affected the supply chain and overall business operations. International trading has taken a significant downfall and has created uncertainty in the stock market. These factors have affected the Immunotherapy Drugs market.
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COVID-19 scenario-
1) The Covid-19 pandemic and followed by lockdown has affected several manufacturing industries.
2) The prolonged lockdown resulted in a disrupted supply chain and increased the prices of raw materials.
3) However, as the world has been recovering from the pandemic, the market is estimated to get back on track.
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 generate an immune response aiding the production of antibodies.
Antibodies produced against antigen kill the cancerous or tumor cells. The global immunotherapy drugs market is expected to grow significant growth during the forecast period due to increase in incidence of cancer.
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The global immunotherapy drugs market is segmented based on therapy area, type of drugs, and region. Based on therapy area, it is divided into cancer, autoimmune & inflammatory diseases, infectious diseases, and others. Cancer is further divided into solid tumor and malignant tumor. Based on type of drugs, it is classified into monoclonal antibodies, adult vaccines, checkpoint inhibitors, interferons alpha & beta, interleukins, and others.
The adult vaccines segment is subdivided into preventive vaccines and therapeutic vaccines. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA further country level analysis of regions is provided to determine the market size and forecast for each segment and sub-segment of the market across the globe.
The Major Key Players Are:
F. Hoffmann-La Roche AG, GlaxoSmithKline plc., AbbVie, Inc., Amgen, Inc., Merck & Co., Inc., Alligator Bioscience, UbiVac, Bristol-Myers Squibb, Novartis International AG, and AstraZeneca plc.
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