Global PD-1 And PDL1 Inhibitors Or Immune Checkpoint Inhibitors Market (2023 To 2032) - Industry Trends, Share, Size, Growth, Opportunity And Forecast

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's PD-1 And PDL1 Inhibitors Or Immune Checkpoint Inhibitors Global Market Report 2023 identifies rising prevalence of cancer cases as the major driver for the PD-1 And PDL1 Inhibitors Or Immune Checkpoint Inhibitors market's growth in the forecast period. Cancer is a condition when some cells develop uncontrollably and spread to other body parts. PD-1 and PD-L1 inhibitors help to treat cancer by harnessing the body's immune system to fight cancer cells. Hence, the rising cancer cases contribute to the growth of the PD-1 and PDL1 Inhibitors/ Immune checkpoint inhibitors market. For instance, in 2021, according to the American cancer society, 1.8 million new cancer cases were diagnosed in 2020. Furthermore, according to data published in September 2020 by the National Cancer Institute, a US-based government agency part of the National Institutes of Health, 1,806,590 new cancer cases were recorded, representing 43% of all cancer diagnosed in men in the United States in 2020, up from 1,752,735 the previous year, i.e., 2019. Therefore, the rise in the prevalence of cancer cases will fuel the growth of the PD-1 and PDL1 Inhibitors/ Immune checkpoint inhibitors market.

The global PD-1 and PDL1 Inhibitors/ Immune checkpoint inhibitors market size is expected to grow from $34.17 billion in 2022 to $39.80 billion in 2023 at a compound annual growth rate (CAGR) of 16.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global PD-1 and PDL1 Inhibitors/ Immune checkpoint inhibitors market size is expected to reach $69.91 billion in 2027 at a CAGR of 15.1%.

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Major competitors in the PD-1 And PDL1 Inhibitors Or Immune Checkpoint Inhibitors market are Bristol-Myers Squibb Company, Merck and Company, F. Hoffmann-La Roche AG, Sanofi AG, Amgen Inc., Gilead Sciences Inc., AstraZeneca PLC, Novartis AG, Pfizer Inc., GlaxoSmithKline Plc

A key trend in the PD-1 And PDL1 Inhibitors Or Immune Checkpoint Inhibitors market includes Product innovation. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, In March 2022, Bristol-Myers Squibb, a US-based pharmaceutical company, received FDA approval for Opdualag, which is a fixed-dose combination of nivolumab (Opdivo) and relatlimab, which is a LAG-3 inhibitor. Opdualag is the first LAG-3 inhibitor to receive approval from the US Food and Drug Administration (FDA) to treat patients with metastatic melanoma. The combination of nivolumab and relatlimab in Opdualag aims to enhance the immune response against cancer cells.

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The PD-1 And PDL1 Inhibitors Or Immune Checkpoint Inhibitors market is segmented -
1) By Product: Nivolumab, Pembrolizumab, Atezolizumab, Avelumab, Durvalumab
2) By Application: Lung Cancer, Bladder Cancer, Melanoma, Hodgkin Lymphoma, Colorectal Cancer, Other Applications
3) By Distribution Channel: Hospital pharmacies, Retail pharmacies, Online pharmacies
4) By End-Users : Hospitals, Specialty Clinics, Academic and Research Institutions

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the PD-1 And PDL1 Inhibitors Or Immune Checkpoint Inhibitors market.

The Business Research Company's "Global PD-1 And PDL1 Inhibitors Or Immune Checkpoint Inhibitors Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The PD-1 And PDL1 Inhibitors Or Immune Checkpoint Inhibitors Market Include:
1. Executive Summary
2. PD-1 and PDL1 Inhibitors Immune Checkpoint Inhibitors Market Characteristics
3. PD-1 and PDL1 Inhibitors Immune Checkpoint Inhibitors Market Trends And Strategies
4. PD-1 and PDL1 Inhibitors Immune Checkpoint Inhibitors Market - Macro Economic Scenario
5. PD-1 and PDL1 Inhibitors Immune Checkpoint Inhibitors Market Size And Growth
……
27. PD-1 and PDL1 Inhibitors Immune Checkpoint Inhibitors Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The PD-1 and PDL1 Inhibitors Immune Checkpoint Inhibitors Market
29. PD-1 and PDL1 Inhibitors Immune Checkpoint Inhibitors Market Future Outlook and Potential Analysis
30. Appendix

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