openPR Logo
Press release

Immuno-oncology Market Outlook 2024 to 2034: Growth Insights with Bristol Myers Squibb, F. Hoffmann-La Roche AG, Merck & Co., Novartis, AstraZeneca, Pfizer, GSK, Others

08-05-2025 10:16 AM CET | Health & Medicine

Press release from: Factmr

Immuno-Oncology Market

Immuno-Oncology Market

The global Immuno-Oncology Market is poised for a significant transformation over the next decade. With an estimated value of US$ 24.17 billion in 2024, the market is projected to expand at a stirring CAGR of 16.5% during the forecast period from 2024 to 2034.
By the end of 2034, the market size is expected to reach a remarkable US$ 111.64 billion, driven by revolutionary breakthroughs in cancer treatment, expanding therapeutic applications, and increased adoption of immune-based therapies.

Browse full report - https://www.factmr.com/report/immuno-oncology-market

Unlocking the Potential of Immuno-oncology

Immuno-oncology represents a paradigm shift in cancer treatment by harnessing the body's own immune system to detect and destroy malignant cells. Unlike traditional cancer therapies such as chemotherapy and radiation, immuno-oncology offers long-term survival benefits, fewer side effects, and higher specificity. This has positioned it at the forefront of oncology research and therapeutic development, attracting investments from pharmaceutical giants and biotech innovators alike.

Recent Developments Driving Market Momentum

The immuno-oncology market has seen an acceleration in innovation in recent years. Notable developments include:

• FDA and EMA approvals of new immune checkpoint inhibitors (ICIs) for multiple cancer types.
• Combination therapies that pair ICIs with chemotherapy or targeted agents showing improved response rates in clinical trials.
• Advancements in personalized cancer vaccines, which tailor immunotherapy based on individual tumor biomarkers.
• A rise in strategic collaborations, such as Merck's recent partnerships with biotech firms for T-cell receptor therapies and AstraZeneca's investment in next-generation bispecific antibodies.
Moreover, the increasing integration of artificial intelligence (AI) and genomics in drug discovery is enhancing the development pipeline, allowing for faster identification of potential immunotherapy targets.

Key Players and Competitive Landscape

The competitive landscape of the immuno-oncology market is marked by intense R&D activities, robust product pipelines, and aggressive strategic alliances. Some of the most influential players shaping the future of this space include:

• Bristol Myers Squibb (BMS): BMS continues to lead the market with its flagship checkpoint inhibitors, Opdivo (nivolumab) and Yervoy (ipilimumab), which are approved for multiple indications including melanoma, lung, and renal cancers.
• F. Hoffmann-La Roche AG: Roche is focusing heavily on combination therapies and continues to expand its pipeline with drugs like Tecentriq (atezolizumab), which has gained approvals for bladder, lung, and breast cancers.
• Merck & Co.: Known for Keytruda (pembrolizumab), Merck dominates the ICI segment with a strong clinical development program targeting over 30 tumor types. Keytruda remains one of the top-selling oncology drugs globally.
• AstraZeneca: With its checkpoint inhibitor Imfinzi (durvalumab), AstraZeneca is focusing on non-small cell lung cancer and expanding into other indications through combination regimens.
• Novartis and GSK: These players are increasingly investing in CAR-T cell therapies, which represent a promising frontier within immuno-oncology.
• Pfizer: Through mergers and acquisitions, including its partnership with BioNTech, Pfizer is building a strong position in the cancer immunotherapy domain.
The growing competition is also evident from the rise of biotech startups, which are developing niche technologies like oncolytic viruses, cancer neoantigen vaccines, and immune system modulators, often collaborating with larger pharma firms to fast-track commercialization.

Get Your Copy Today - https://www.factmr.com/checkout/9418

Regional Outlook

• North America holds the largest market share, driven by favorable reimbursement policies, robust clinical research infrastructure, and high awareness of novel cancer therapies.
• Europe is a close second, with increasing adoption of combination immunotherapies and strong regulatory support.
• Asia Pacific is expected to grow at the fastest rate due to rising cancer prevalence, improving healthcare access, and growing investments by domestic biotech firms in countries like China, Japan, and India.

Want a Sample Before Buying? Download Free Sample
https://www.factmr.com/connectus/sample?flag=S&rep_id=9418

Final Outlook

The immuno-oncology market is entering a golden era of innovation and growth. As therapies become more personalized and combination treatments more effective, the market will continue to see rapid evolution, backed by cutting-edge research and strategic partnerships across the pharmaceutical ecosystem.
For stakeholders-from biotech innovators to healthcare investors and policy makers-this presents a timely opportunity to tap into one of the most transformative spaces in the life sciences sector.

Market Segmentation:

By Therapy Type
• Immune Checkpoint Inhibitors
• Immune System Modulators
• Cancer Vaccines
• Oncolytic Virus
• Others
By Therapeutic Area:
• Melanoma
• Lung Cancer
• Blood Cancers
• Renal Cell Carcinoma
• Prostate Cancer
• Bladder Cancer
• Other Cancers
By End User:
• Hospitals
• Clinics
• Ambulatory Surgical Centers
By Region:
• North America
• Europe
• Latin America
• East Asia
• South Asia & Oceania
• The Middle East & Africa

Explore More Related Studies Published by Fact.MR Research
Fungal Antigens Market
https://www.factmr.com/report/1773/fungal-antigens-market

Disposable Ophthalmic Surgical Products Market https://www.factmr.com/report/1771/disposable-ophthalmic-surgical-products-market

Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: 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 Outlook 2024 to 2034: Growth Insights with Bristol Myers Squibb, F. Hoffmann-La Roche AG, Merck & Co., Novartis, AstraZeneca, Pfizer, GSK, Others here

News-ID: 4133132 • Views:

More Releases from Factmr

Biobanking Market to Surge USD 147.9 Billion by 2035, Reshaping Global Research Infrastructure
10-08-2025 | Health & Medicine
FactMR
Biobanking Market to Surge USD 147.9 Billion by 2035, Reshaping Global Research …
The biobanking industry stands at the threshold of a decade-long expansion trajectory that promises to reshape biological sample storage and research infrastructure technology. The market's journey from USD 68.5 billion in 2025 to USD 147.9 billion by 2035 This expansion underscores the industry's pivotal role in modernizing biological sample storage and advancing research infrastructure for pharmaceutical and biotechnology applications. Biobanking's critical contribution to personalized medicine, drug discovery, and disease research positions
Biopharmaceutical Packaging Market Set to Soar USD 58.2 Billion by 2035 - Unveiling a Decade of Transformative Growth for Drug Safety and Packaging Innovation
10-08-2025 | Health & Medicine
FactMR
Biopharmaceutical Packaging Market Set to Soar USD 58.2 Billion by 2035 - Unveil …
The global Biopharmaceutical Packaging Market is entering a decade of unprecedented expansion, set to nearly double in size from USD 28.5 billion in 2025 to USD 58.2 billion by 2035, registering a robust CAGR of 7.4%. This remarkable growth reflects the rising demand for advanced pharmaceutical packaging systems that enhance sterility, improve drug safety, and streamline regulatory compliance. The market's trajectory is not just about scaling revenue but also about reshaping
3D Printing in Healthcare Set to Redefine Medical Manufacturing - Market Forecast to Reach USD 18.8 billion by 2035
10-08-2025 | Health & Medicine
FactMR
3D Printing in Healthcare Set to Redefine Medical Manufacturing - Market Forecas …
The 3D printing in healthcare industry stands at the threshold of a decade-long expansion trajectory that promises to reshape medical manufacturing and personalized healthcare technology. The market's journey from USD 4.2 billion in 2025 to USD 18.8 billion by 2035This remarkable growth underscores the technology's pivotal role in advancing personalized medicine, surgical precision, and medical device manufacturing, making it an investment priority for forward-looking manufacturers and healthcare technology leaders.Driven by
Surgical Navigation Glasses Market to Skyrocket USD 6,793 Million by 2035, Growing at 32.0% CAGR
10-08-2025 | Health & Medicine
FactMR
Surgical Navigation Glasses Market to Skyrocket USD 6,793 Million by 2035, Growi …
The global surgical navigation glasses market is expected to reach USD 6,793 Million by 2035, up from estimated value of USD 423.0 Million in 2025. During the forecast period 2025 to 2035, the industry is projected to expand at a CAGR of 32.0%.This exponential trajectory underscores the industry's pivotal role in transforming modern surgical practices, particularly in neurosurgery, orthopedics, and minimally invasive procedures. Fueled by the rapid adoption of Augmented Reality

All 5 Releases


More Releases for Cancer

Cancer Therapeutics Market New Business Opportunities to Hit $180.19 billion by …
Surge in geriatric population and rise in the number of collaborations & partnerships to facilitate drug development are the key drivers of the global cancer therapeutics market. In addition, heavy inflow of investment in R&D activities has enhanced the development of cancer therapeutics. Furthermore, favorable government regulations for cancer therapeutics and surge in cancer prevalence boost the market. The high demand for personalized medicine along with high potential of emerging
Global Cancer Diagnostics Market Size, Trends & Growth Opportunity By Applicatio …
Cancer diagnostics is a process of detecting various proteins, biomarkers and certain symptoms that result in the detection of presence of cancerous tumour in patients. Detection of certain proteins and biomarkers which are prevalent in cancer disorder thereby results in diagnosis process. Cancer diagnostics includes usage of certain technology and devices for detection purpose. Increase in incidence of target diseases like cancer is key driving factor which is expected to boost
2019-2027 Oncology Nutrition Market is driven by Major Cancer Type - Head and Ne …
The "Global Oncology Nutrition Market Analysis to 2027" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of oncology nutrition market with detailed market segmentation by cancer type and geography. The global oncology nutrition market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the
Cancer Immunotherapy Market 2018 To 2025 - SWOT Analysis By Global Industry Reve …
The Cancer Immunotherapy Market research report provided by Crystal Market Research (CMR) is the most detailed study about Cancer Immunotherapy Market that is estimated to grow at a tremendous rate over the forecast period 2018-2025. This report contains precise and updated insights in respect with the leading market players and prevailing regions of the business. Cancer Immunotherapy Market By Product and Cancer Type - Global Industry Analysis And Forecast To 2025:
Oncology Nutrition Market by Cancer Type Breast Cancer, Liver Cancer, Lung Cance …
Lunch of new products for nutrition of oncology patients is expected to drive the oncology nutrition market growth. For instance, in 2016, Hormel Food Corporation, a U.S-based meat food products company, launched a line of packaged ready-to-eat meals for cancer patients, which are called as Hormel Vital Cuisine. These meals consist of carbohydrates, proteins, and fats to help patients fight loss of muscle mass and energy during cancer treatment. Thus launch
Tumor Ablation Global Market From 2014 - 2024: Segmented Into Liver Cancer, Lung …
Researchmoz added Most up-to-date research on "Tumor Ablation Global Market From 2014 - 2024: Segmented Into Liver Cancer, Lung Cancer, Kidney Cancer, Bone Cancer, Breast Cancer, Prostate Cancer, And Others" to its huge collection of research reports. Tumor ablation is the removal of the tumor cells or tissue with minimally invasive procedure. Tumor ablation devices are consists of an applicator (catheter), which is introduced into the tumor under imaging guidance. For