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Targeting Tumors: Intratumoral Cancer Therapies Market Explores Growth Opportunities and Key Drivers
Intratumoral Cancer Therapies Global Market Report 2024
The Business Research Company offers in-depth market insights through Intratumoral Cancer Therapies Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The intratumoral cancer therapies market size has grown rapidly in recent years. It will grow from $124.82 billion in 2023 to $141.55 billion in 2024 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to advancements in cancer research, increasing cancer incidence, demand for precision medicine, clinical evidence and research initiatives, unmet medical needs..
The intratumoral cancer therapies market size is expected to see rapid growth in the next few years. It will grow to $221.46 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to advancements in immunotherapy, increased adoption of precision medicine, clinical trial expansion, rising focus on rare cancers, regulatory support and approvals.. Major trends in the forecast period include exploration of intratumoral immunomodulators, integration of image-guided therapies, application of hyperthermia in intratumoral treatments, clinical trials for combination therapies, regulatory support for intratumoral therapies..
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Market Segmentation:
The intratumoral cancer therapies market covered in this report is segmented -
1) By Technology: Monoclonal Antibodies, Vaccines, Checkpoint Inhibitors, Cell Therapies, Immunes System Modulator, Adoptive Cell Transfer, Cytokines
2) By Application: Lung Cancer, Breast Cancer, Malenoma, Prostate Cancer, Head and Neck Cancer, Other Applications
3) By End Users: Hospitals, Cancer Research Centres, Clinics
Major Driver - Rising Cancer Incidence Fuels Expansion Of Intratumoral Cancer Therapies Market
The increasing incidence of cancer is expected to propel the growth of the intratumoral cancer therapies market going forward. Cancer is a group of diseases characterized by the uncontrolled growth and spread of abnormal cells in the body. Intratumoral cancer therapies are used in diagnosing and treating cancer that help in avoiding off-target toxicities, dose-limiting toxicities, and adverse effects due to immune stimulation for patients suffering from cancer. For instance, in January 2023, according to the American Cancer Society, a US-based nonprofit cancer advocacy organization, the number of cancer cases increased to 1,958,310 in 2023, reflecting a growth of 3.16% from 1,898,160 in 2021. Therefore, the increasing incidence of cancer is driving the growth of the intratumoral cancer therapies market.
Competitive Landscape:
Major companies operating in the intratumoral cancer therapies market report are Amgen Inc., AstraZeneca plc, Bayer AG, Bristol-Myers Squibb Company, Pfizer Inc., Novartis AG, Johnson & Johnson, Eli Lilly and Company, F. Hoffmann-la Roche, Celgene Corporation, Takeda Pharmaceutical Company Ltd., GSK plc, Ziopharm Oncology Inc., Celldex Therapeutics Inc., Astellas Pharma Inc., Sirnaomics, Checkmate Pharmaceuticals Inc., Immunovative Therapies Ltd., Idera Pharmaceuticals Inc., Daiichi Sankyo, Philogen S.p.A., Apexigen Inc., Merck Group, OncoSec Medical Incorporated, DNAtrix, Istari Oncology Inc., Nanobiotix, Exicure Inc., Karyopharm Therapeutics Inc., Dechra Pharmaceuticals PLC, Torigen Pharmaceuticals Inc., Elekta, Virbac, Norbrook Laboratories, Aratana Therapeutics Inc., Regeneus Ltd., QBiotics Group, VetDC, AdvaVet Inc. .
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Top Trend - Technological Advancements Propel Intratumoral Cancer Therapies Market Growth
Technological development is a key trend gaining popularity in the intratumoral cancer therapies market. Companies operating in the intratumoral cancer therapies market are adopting new technologies to sustain their position in the market. For instance, in March 2022, Evonik, a US-based, specialty chemical manufacturing company, a novel microparticle technology called EUDRATEC® SoluFlow, designed to improve the solubility of active medicinal components in oral medication formulations, in cancer therapies. With the use of this breakthrough technology, chemicals that were previously thought to be insoluble can now be used to create a wider variety of oral medications.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Intratumoral Cancer Therapies Market Characteristics
3. Intratumoral Cancer Therapies Market Trends And Strategies
4. Intratumoral Cancer Therapies Market - Macro Economic Scenario
5. Intratumoral Cancer Therapies Market Size And Growth
…..
27. Intratumoral Cancer Therapies Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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