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Rising Incidences Of Cancer In Drugs For Immunotherapy Market: A Significant Driver Propelling The Drugs for Immunotherapy Market In 2025
The Drugs for Immunotherapy Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Drugs for Immunotherapy Market Size and Projected Growth Rate?
The market for drugs used in immunotherapy has grown rapidly, from $255.14 billion in 2024 to $281.43 billion in 2025 at a CAGR of 10.3%. The growth is driven by the rising incidence of cancer, unmet medical needs, increasing awareness of cancer immunotherapy, higher adoption rates of immunotherapeutic treatments, and growing investment by pharmaceutical companies.
The drugs for immunotherapy market is expected to see rapid growth, reaching $445.12 billion by 2029 with a CAGR of 12.1%. Growth will be driven by personalized immunotherapies, expanding clinical trials, and combination treatment strategies. Major trends include next-gen CAR-T therapies, neoantigen vaccine development, and precision-targeted treatments.
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What Are the Major Segments in the Drugs for Immunotherapy Market?
The drugs for immunotherapy market covered in this report is segmented -
1) By Type: Monoclonal Antibodies, Interferons, Interleukins, Vaccines, Checkpoint Inhibitors, Other Types
2) By Therapy Area: Cancer, Autoimmune & Inflammatory Diseases, Infectious Diseases, Other Therapy Areas
3) By End User: Hospitals & Clinics, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Monoclonal Antibodies: Naked Monoclonal Antibodies, Conjugated Monoclonal Antibodies, Bispecific Monoclonal Antibodies
2) By Interferons: Interferon Alfa, Interferon Beta, Interferon Gamma
3) By Interleukins: Interleukin-2 (IL-2), Interleukin-6 (IL-6), Interleukin-12 (IL-12)
4) By Vaccines: Preventive Vaccines, Therapeutic Vaccines
5) By Checkpoint Inhibitors: PD-1 Inhibitors, PD-L1 Inhibitors, CTLA-4 Inhibitors
6) By Other Types: Cancer Cell Therapies, Cytokine Therapy, T-Cell Receptor Therapy
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What Are The Driving Drugs for Immunotherapy Market Evolution?
The market for immunotherapy drugs is driven by the increasing incidence of cancer worldwide. Major causes of cancer include smoking, alcohol consumption, poor diet, and obesity. According to Macmillan Cancer Support in October 2022, the number of cancer patients is projected to rise from 3.5 million in 2025 to 5.3 million by 2040. This increase in cancer cases is expected to drive the demand for immunotherapy drugs.
Which Firms Dominate The Drugs for Immunotherapy Market Segments?
Major companies operating in the drugs for immunotherapy market include F. Hoffmann-La Roche Ltd., Novartis AG, Amgen Inc., AbbVie Inc., Merck & Co. Inc., GlaxoSmithKline plc, Eli Lilly and Company, Bristol-Myers Squibb, AstraZeneca plc, Johnson & Johnson, UbiVac, Pfizer Inc., Sanofi SA, Bayer AG, Celgene Corporation, Incyte Corporation, Juno Therapeutics Inc., Bluebird bio, Celldex Therapeutics, BeiGene, BioNTech AG, CytomX Therapeutics, Eisai Co. Ltd., Flexus Biosciences Inc., Genscript Biotech Corporation, Gilead Sciences Inc., Harpoon Therapeutics Inc., Heptares Therapeutics Ltd., Ignyta Inc., Immatics Biotechnologies, Jounce Therapeutics Inc.
What Trends Are Driving Growth in The Drugs for Immunotherapy Market?
Companies in the immunotherapy drugs market are focusing on innovating new products like Keytruda (pembrolizumab), a targeted therapy for cancer treatment. For instance, Merck & Co., Inc. launched Keytruda in January 2023, a drug approved by the FDA for treating various types of cancer. Keytruda works with the immune system to help fight cancer cells, and it is also approved as an adjuvant treatment for non-small cell lung cancer (NSCLC), marking a significant advancement in cancer treatment.
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Which Is The Largest Region In The Drugs for Immunotherapy Market?
The countries covered in the drugs for immunotherapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Drugs for Immunotherapy Market?
2. What is the CAGR expected in the Drugs for Immunotherapy Market?
3. What Are the Key Innovations Transforming the Drugs for Immunotherapy Industry?
4. Which Region Is Leading the Drugs for Immunotherapy Market?
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