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Oncolytic Virus Therapy Market Key Drivers, Insights, Outlook, Overview And Market Research Report 2023-2032
Oncolytic Virus Therapy Market
The Business Research Company's Oncolytic Virus Therapy Global Market Report 2023 identifies increasing prevalence of cancer cases as the major driver for the Oncolytic Virus Therapy market's growth in the forecast period. Cancer is a term used to describe a group of diseases characterized by the uncontrolled growth and spread of abnormal cells in the body.
the retirement communities market reached a value of nearly $189.3 billion in 2020, having The global oncolytic virus therapy market is expected to grow from $0.12 billion in 2022 to $0.15 billion in 2023 at a compound annual growth rate (CAGR) of 26.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 oncolytic virus therapy market is expected to reach $0.36 billion in 2027 at a CAGR of 24.6%.
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Major competitors in the Oncolytic Virus Therapy market are Pfizer Inc., Johnson & Johnson, Sorrento Therapeutics Inc., AbbVie Inc., AstraZeneca plc, Amgen Inc., Boehringer Ingelheim Group.
A key trend in the Oncolytic Virus Therapy market includes product innovations. Major companies operating in the oncolytic virus therapy market are focused on introducing innovative products to sustain their position in the market. For instance, in November 2021, Daiichi Sankyo Company Limited, a Japan-based pharmaceutical company, launched DELYTACT in Japan. This is the first oncolytic virus approved for primary brain cancer in any region, including genetically engineered oncolytic herpes simplex virus type 1 (HSV-1). The virus selectively replicates and kills tumor cells without affecting normal tissues.
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The Oncolytic Virus Therapy market is segmented -
• By Therapy Type: HSV-Based Oncolytic Virus Therapy, Adenovirus-Based Oncolytic Virus Therapy, Reovirus, Poxviruses, NDV (Newcastle Disease Virus), Other Therapy Types
• By Virus Type: Genetically Engineered Oncolytic Viruses, Oncolytic Wild-Type Viruses
• By Application: Breast Cancer, Lung Cancer, Prostate Cancer, Melanoma, Brain Tumor, Blood Cancer
• By End-User: Hospitals, Specialty Clinics, Cancer Research Institutes
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Oncolytic Virus Therapy market.
The Business Research Company's "Global Oncolytic Virus Therapy 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 Oncolytic Virus Therapy Market Include:
1. Executive Summary
2. Oncolytic Virus Therapy Market Characteristics
3. Oncolytic Virus Therapy Market Trends And Strategies
4. Oncolytic Virus Therapy Market - Macro Economic Scenario
5.Global Oncolytic Virus Therapy Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……………………………………………………………………
32. Global Oncolytic Virus Therapy Market Competitive Benchmarking
33. Global Oncolytic Virus Therapy Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Oncolytic Virus Therapy Market
35. Oncolytic Virus Therapy Market Future Outlook and Potential Analysis
36. Appendix
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Prologue to Oncolytic Virus
1.1 Outline of Oncolytic Virotherapy
1.2 Trail from Genesis to Biogenetics
Primer of Virotherapy in Malignancies
2.1 Oncolytic Viruses towards Cancer
2.2 Approaches for Targeting Tumor Cells
2.2.1 Pro Apoptotic Targeting
2.2.2 Translational Targeting
2.2.3 Transcriptional Targeting
2.2.4 Transductional Targeting
Mechanism…
