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Oncolytic Virus Therapies Market worth $321.30 million by 2030, growing at a CAGR of 15.45% - Exclusive Report by 360iResearch
Oncolytic Virus Therapies Market | 360iResearch
The Global Oncolytic Virus Therapies Market to grow from USD 117.53 million in 2023 to USD 321.30 million by 2030, at a CAGR of 15.45%.
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Oncolytic virus therapies are a novel form of cancer treatment that utilizes genetically modified viruses to target and destroy cancer cells, sparing healthy cells. These therapies capitalize on the natural propensity of viruses for selective replication within cancerous tissues, thereby causing tumor cell lysis and inducing systemic anti-tumor immune responses. Drivers for oncolytic virus therapies include the rising prevalence of cancer globally, an aging population, advancements in genetic engineering, and a surge in the number of clinical trials assessing various oncolytic viruses. Additionally, increased investment in biotechnology and healthcare infrastructure and collaborations between research organizations and pharmaceutical companies propel the industry forward. However, restraints include high development costs, stringent regulatory frameworks, and the technical complexities associated with producing and stabilizing oncolytic viruses. Challenges include managing the balance between virus virulence and safety and overcoming the immune system defenses of the host that can potentially neutralize therapeutic viruses. The advent of advanced molecular biology techniques offers opportunities for generating more potent and selective oncolytic viruses, while combination therapies with immune checkpoint inhibitors or chemotherapy are expected to bolster therapeutic efficacy. Moreover, additional opportunities in personalizing oncolytic virus therapies to individual patient tumor profiles are anticipated to potentially revolutionize the paradigm of cancer treatment and open avenues for sustained industry expansion.
Market Segmentation & Coverage:
This research report categorizes the Oncolytic Virus Therapies Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Virus Type, market is studied across Genetically Engineered Oncolytic Viruses and Oncolytic Wild-type Viruses. The Oncolytic Wild-type Viruses is projected to witness significant market share during forecast period.
Based on Application, market is studied across Breast Cancer, Lung Cancer, Melanoma, Ovarian Cancer, and Prostate Cancer. The Ovarian Cancer is projected to witness significant market share during forecast period.
Based on End Use, market is studied across Cancer Research Institutes, Hospitals, and Specialty Clinics. The Hospitals is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Oncolytic Virus Therapies Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Oncolytic Virus Therapies Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Oncolytic Virus Therapies Market, highlighting leading vendors and their innovative profiles. These include Amunbio Inc., Astellas Pharma Inc., AstraZeneca PLC, BioInvent International AB, Boehringer Ingelheim International GmbH, Calidi Biotherapeutics, Inc., Candel Therapeutics, Daiichi Sankyo Company Ltd., Elicera Therapeutics AB, EpicentRx, Inc., Genelux Corporation, Hookipa Pharma Inc., Imvaq Therapeutics, Istari Oncology, Inc., Johnson & Johnson Services, Inc., Lokon Pharma AB, Merck & Co., Inc., Orgenesis Inc., Pfizer, Inc., Protheragen Inc., Seneca Therapeutics, Inc., Takara Bio Inc., TILT Biotherapeutics, Treovir LLC, and Wuhan Binhui Biotechnology Co Ltd.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Oncolytic Virus Therapies Market, by Virus Type
7. Oncolytic Virus Therapies Market, by Application
8. Oncolytic Virus Therapies Market, by End Use
9. Americas Oncolytic Virus Therapies Market
10. Asia-Pacific Oncolytic Virus Therapies Market
11. Europe, Middle East & Africa Oncolytic Virus Therapies Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Oncolytic Virus Therapies Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Oncolytic Virus Therapies Market?
3. What is the competitive strategic window for opportunities in the Oncolytic Virus Therapies Market?
4. What are the technology trends and regulatory frameworks in the Oncolytic Virus Therapies Market?
5. What is the market share of the leading vendors in the Oncolytic Virus Therapies Market?
6. What modes and strategic moves are considered suitable for entering the Oncolytic Virus Therapies Market?
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About 360iResearch
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Report Table of Contents
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…
