Press release
Rising Cancer Cases Drive Demand For Cancer Vaccines: A Key Driver Powering Cancer Vaccines Market Growth In 2025
Cancer Vaccines
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What Is the Current Cancer Vaccines Market Size and Its Estimated Growth Rate?_x000D_
The cancer vaccines market has grown rapidly in recent years. It will grow from $7.22 billion in 2024 to $8.25 billion in 2025 at a compound annual growth rate (CAGR) of 14.3%. This market growth is driven by the increasing incidence of cancer, greater awareness of cancer vaccines, the expanding range of approved vaccines, growing evidence of their efficacy, and government support for research and development._x000D_
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The cancer vaccines market is set for rapid growth, expected to reach $13.89 billion in 2029 at a CAGR of 13.9%. Growth is fueled by personalized and combination therapies, pharma investments, biomarker discovery, and wider vaccine adoption. Trends include neoantigen-based vaccines, therapeutic cancer vaccines, immunological advancements, and collaborative R&D._x000D_
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How Are Emerging Segments Shaping the Cancer Vaccines Market Landscape?_x000D_
The cancer vaccines market covered in this report is segmented -_x000D_
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1) By Type: Preventive Cancer Vaccines, Therapeutic Cancer Vaccines_x000D_
2) By Technology: Dendritic Cells (DC) Cancer Vaccines, Recombinant Cancer Vaccines, Antigen/Adjuvant Cancer Vaccines, Whole Cell Cancer Vaccines, Viral Vector & DNA Cancer Vaccines_x000D_
3) By Cancer Type: Prostate, Cervical, Colorectal, Throat, Other Cancer Types_x000D_
4) By End-User: Cancer Treatment Centers, Research Institutes_x000D_
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Subsegments:_x000D_
1) By Preventive Cancer Vaccines: HPV Vaccines, Hepatitis B Vaccines_x000D_
2) By Therapeutic Cancer Vaccines: Sipuleucel-T (Provenge), Talimogene Laherparepvec (T-VEC), Other Therapeutic Vaccines_x000D_
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Which Growth Factors Are Influencing Cancer Vaccines Market Expansion?_x000D_
Rising cancer cases worldwide are projected to drive growth in the cancer vaccines market during the forecast period. According to the American Cancer Society in January 2022, there were likely 1.9 million new cancer diagnoses and 609,360 deaths in the US. Lung, prostate, bowel, and female breast cancers made up 43% of new cases globally. This rising prevalence is expected to boost demand for cancer vaccines in the coming years._x000D_
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Who Are the Dominant Players Across Different Cancer Vaccines Market Segments?_x000D_
Major companies operating in the cancer vaccines market include GlaxoSmithKline plc, Merck & Co. Inc., Aduro Biotech Inc., AstraZeneca PLC, Dendreon Corporation, Astellas Pharma Inc., Sanofi SA, Sanpower Group, CSL Limited, Pfizer Inc., Serum Institute of India Pvt. Ltd., Advantagene Inc., Advaxis Inc., Agenus Inc., Altor BioScience Corporation, Argos Therapeutics Inc., Oncothyreon Inc., Oncovir Inc., Oxford BioMedica plc., Prima BioMed Ltd., Sotio LLC, Transgene SA, Ubivac LLC, Vaccinogen and Vaxon Biotech, Bavarian Nordic A/S, Bharat Biotech International Limited, Bristol-Myers Squibb Company, Dynavax Technologies Corporation, Emergent BioSolutions Inc., Galena Biopharma Inc., Moderna Inc., Biothera Pharmaceuticals Inc., Celldex Therapeutics Inc., Genexine Inc., Gritstone Oncology Inc., Heat Biologics Inc., ISA Pharmaceuticals B.V., Northwest Biotherapeutics Inc., OncBioMune Pharmaceuticals Inc., TapImmune Inc., Vaxil Bio Ltd., VBI Vaccines Inc., Ziopharm Oncology Inc._x000D_
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What Cancer Vaccines Market Trends Are Gaining Traction Across Different Segments?_x000D_
The growing popularity of alternative treatments and natural remedies is impacting the revenues of cancer vaccine manufacturers. Therapies like homeopathy, Ayurveda, yoga, and acupuncture are gaining traction, leading to a shift away from some traditional treatments. Ayurveda, for instance, uses herbal remedies with anti-cancer properties. The WHO notes that some countries still rely heavily on plant-based treatments, and developing nations are increasingly turning to natural remedies, which affects cancer vaccine sales. The global homeopathic market is projected to reach $18.6 billion by 2027, further limiting cancer vaccine demand._x000D_
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Which Geographic Regions Are Expected to Dominate the Cancer Vaccines Market in the Coming Years?_x000D_
The countries covered in the cancer vaccines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada._x000D_
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Frequently Asked Questions:_x000D_
1. What Is the Market Size and Growth Rate of the Cancer Vaccines Market?_x000D_
2. What is the CAGR expected in the Cancer Vaccines Market?_x000D_
3. What Are the Key Innovations Transforming the Cancer Vaccines Industry?_x000D_
4. Which Region Is Leading the Cancer Vaccines Market?
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