Press release
Immuno-Oncology Market Trends: Heading Towards $111.64 Billion by 2034
According to estimates, the worldwide Immuno-Oncology Industry would be worth US$24.17 billion by 2024. Through 2034, the market is expected to expand at a strong rate, with a CAGR of 16.5%. By 2034, the market for immuno-oncology is expected to be valued at US$111.64 billion. Immuno-oncology is becoming more and more in demand due to the rising incidence of cancer, just as other oncology-related fields. The use of immuno-oncology is further required because of the significant increase in cigarette smokers, genetic illnesses, excessive sun exposure, and changing dietary habits as primary causes of cancer growth. The therapy's efficacy is an additional selling point for the industry.Get Free Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=9418
Immuno-oncology is a dynamic field, and newer modes of treatment and drugs keep the product line fresh. Significant sums of money and time are devoted to research and development for the introduction of new drugs. As governments all over the world look to curb death rates due to cancer, there is encouragement for the development of novel products from public health institutions.
As part of a more positive outlook towards immuno-oncology, regulatory bodies are approving newer products at a frequent pace. As companies in the market rely on approval from regulatory bodies like the United States Food and Drug Administration (FDA) to get their products moving, this positive tendency is a boon for the market.
"Doctors often use immuno-oncology in combination with other cancer treatments. Immuno-oncology's boosting of the immune system is paired up with other effective treatments to battle cancer cells. Thus, the market is growing in conjunction with other oncological markets," says a Fact.MR analyst.
Key Takeaways from the Market Study
The global immuno-oncology market is projected to expand at a CAGR of 16.5% through 2034.
The East Asia immuno-oncology market is expected to evolve at a CAGR of 15.2% through the forecast period.
The immuno-oncology industry is expected to register a CAGR of 15.2% in China over the forecast period.
The immuno-oncology industry in Japan is expected to rise at a CAGR of 15.5% through 2034.
Based on therapy type, immune checkpoint inhibitors lead the market, with an expected market share of 86.3% in 2024.
Companies are Pairing Together to Combine Technological Capabilities in the Pursuit of More Effective Products
The market is fertile ground for the inking of partnerships, sometimes even between direct competitors. Startups and established giants alike are taking the opportunities provided by collaboration.
Key Companies Profiled in This Report
Bristol Myers Squibb Company
Novartis AG
F. Hoffmann-LA Roche Ltd.
Merck & Co., Inc.
GSK Plc.
Eli Lilly and Company
Fresenius Kabi AG
Pfizer Inc.
AbbVie Inc.
Genentech Inc.
Sanofi
AstraZeneca
Some recent developments in the market are:
In December 2023, Elpiscience Biopharma joined forces with Astellas Pharma for research programs on cancer treatment.
In September 2023, GI Innovation partnered up with Medidata Solutions for the development of two new drugs- GI-101 and GI 102.
Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=9418
Country-wise Insights:
The healthcare industry is rapidly developing in East Asia. The expanding healthcare industry in the area is helping the immuno-oncology market as well. East Asia's market is projected to be worth US$ 3.01 billion in 2024, with a 12.5% market share. East Asia's market is anticipated to grow at a fascinating rate between 2024 and 2034, with a compound annual growth rate of 15.2%. East Asia's market value is expected to increase to US$12.37 billion by 2034, representing an 11.1% market share.
Globally, the immuno-oncology market is dominated by North America. North America is anticipated to be a thriving location for the immuno-oncology business, despite projections that its proportion of the worldwide market will decline during the forecast period. North America's market share is expected to reach 71.0% in 2024, with a projected market value of US$ 17.16 billion. For the duration of the forecast period, North America's market is anticipated to grow at an astounding 13.9% CAGR. It is projected that North America's market value will soar to US$ 62.97 billion by 2034, with a 56.4% market share.
Explore More Related Studies Published by Fact.MR Research:
Brain Implants Market:
https://www.factmr.com/report/brain-implant-market
Manual Resuscitators Market:
https://www.factmr.com/report/manual-resuscitators-market
Oxygen Therapy Equipment Market:
https://www.factmr.com/report/oxygen-therapy-equipment-market
Orthopedic Navigation Systems Market:
https://www.factmr.com/report/orthopedic-navigation-systems-market
𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
𝐀𝐛𝐨𝐮𝐭 𝐅𝐚𝐜𝐭.𝐌𝐑
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Immuno-Oncology Market Trends: Heading Towards $111.64 Billion by 2034 here
News-ID: 3486167 • Views: …
More Releases from Fact.MR
European Switch Mode Power Supply Transformers Market Outlook 2025-2035: Innovat …
The global switch-mode power supply transformers market is set to grow substantially in the next decade, fueled by expanding demand for energy-efficient power electronics, increasing deployment of renewable energy systems, and rapid growth in consumer electronics. The market is projected to expand from USD 1.8 billion in 2025 to approximately USD 3.2 billion by 2035, representing a compound annual growth rate (CAGR) of about 6.2%.
Key Market Highlights
2025 Market Value: USD…
Uk Soy Leghemoglobin Industry Outlook 2025-2035: Innovation, Growth, and Demand …
The soy leghemoglobin ingredient market in the United Kingdom is emerging as a strategic frontier in the alternative-protein space. While global projections estimate the soy leghemoglobin market to grow rapidly over the next decade, the UK industry is navigating a complex landscape shaped by regulatory constraints, consumer sentiment, and strong potential for future adoption.
Key Market Dynamics in the UK
Soy leghemoglobin is an iron-rich, heme-bearing protein produced via precision fermentation in…
European Sciatica Treatment Market Outlook 2025-2035: Key Developments and Futur …
The global sciatica treatment market is poised for substantial growth over the next decade as populations age, sedentary lifestyles proliferate, and non-opioid pain management solutions gain traction. Market value is expected to climb from USD 5.6 billion in 2025 to approximately USD 11.8 billion by 2035, reflecting a compound annual growth rate (CAGR) of around 7.7%.
Key Market Highlights
2025 Market Size: USD 5.6 billion
2035 Forecast Value: USD 11.8 billion
Projected CAGR (2025-2035):…
European Soy Sauce Market Outlook 2025-2035: Key Developments and Future Scope
The global soy sauce market is poised for substantial growth over the next decade, driven by escalating demand for savory umami condiments, the expansion of Asian cuisine globally, and an increased focus on healthier, blended soy sauce options. The market is forecast to grow from USD 59.1 billion in 2025 to approximately USD 93.0 billion by 2035, achieving a compound annual growth rate (CAGR) of 4.6%.
Key Market Highlights
2025 Market Size:…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
