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Asia Pacific Cancer Immunotherapy Market is expected to grow at an approximate CAGR of 15.5% | Top Competitors - Amgen, Inc. (US), Bristol-Myers Squibb Company (US), Eli Lilly and Company (US) and many

03-22-2018 11:21 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Asia Pacific Cancer Immunotherapy Market

Asia Pacific Cancer Immunotherapy Market

Cancer is condition of uncontrolled cell growth. It is one of the deadliest disease in the world and the second major cause for death. Cancer can be defined as an abnormal cell growth with the potential to spread to other part of the body. There are over 100 types of cancer which has affected human. According to survey carried out by Pfizer, in 2012, 6.7 million of cancer cases was registered in Asia Pacific region which will increasing continuously. Additionally, according to the American Cancer Society, in 2015, 4.2 newly diagnosed invasive cancer cases were registered in China. During last decade, there is a significant increase in the number of patients suffering from different types of cancer. Smoking is one of the most risk factor for the cause of the cancer. Due to deteriorating lifestyle, smoking, and alcoholism there is a rise in the incident of cancer. Increasing cancer population is the major reason for increasing the Asia Pacific immunotherapy market. Different treatment are available in the market but the advantage of immunotherapy is its high effectiveness compare with other therapy. This therapy is effective for patient suffering from melanoma cancer where chemotherapy and other radiation therapy did not work. Increasing government support for research & development and increasing healthcare expenditure have fuelled the market growth. However, side effect of the treatments and high cost of the therapy may slow the market growth during the forecasted period.
Asia Pacific immunotherapy market is expecting a sound growth of CAGR of 15.5% during the forecasted period 2017-2023.

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Key Players
As no absolute treatments are available for the treatment of cancer many manufacturers are investing in research & development to identify the novel drug against cancer. And this provides a wide range of opportunities for the development of market across the world. Beside this the key challenge for the manufacturers is to provide a cost-effective treatment to the people.
The key players for the market: Amgen, Inc. (US), Bristol-Myers Squibb Company (US), Eli Lilly and Company (US), AstraZeneca Plc. (UK), GlaxoSmithKline Plc. (UK), Bayer AG (Germany), F. Hoffmann-La Roche Ltd. (Switzerland), Pfizer, Inc. (US), Merck & Co., Inc. (US), Novartis AG (Switzerland), Spectrum Pharmaceuticals Inc. (US), Janssen Biotech, Inc. (US), Sanofi (France), AbbVie Inc. (US), Takeda Pharmaceuticals (Japan), Oncomed Pharmaceuticals (US), and Immunomedics (US)

Regional Analysis
On the regional basis, Asia Pacific immunotherapy market is dominated by China owing to the presence of huge technological advances, increasing prevalence of cancer, and increasing government support. Beside this developing healthcare sector and increasing expenditure in healthcare have attracted many of the manufacturers to this region. Improvement in healthcare infrastructure, rise in healthcare expenditure and increase in per capita income in countries like India and China have makd this countries as a fastest growing countries in the market.

Segmentation
Asia Pacific cancer immunotherapy market is segmented on the basis of type of therapy, application, and end users. On the basis of type of therapy the market is segmented into monoclonal antibodies, cancer vaccines, immunomodulators, and others. On the basis of application, the market is segmented as lung cancer, blood cancer, melanoma, breast cancer, and other. On the basis of end user, the market is segmented into hospitals & clinics, research laboratories, cancer institute, and others.

TABLE OF CONTENT

Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics

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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: salesteam@marketresearchfuture.com

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