Cancer Immunotherapy Market 2017 – Asia Pacific Grow Pricing, Features, Reviews by 2023
Key Players:
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)
Immunomedics (US)
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Market Scenario:
Cancer is condition of uncontrolled cell growth. It is one of the deadliest disease in the world and the second major cause of deaths across the globe. It is an abnormal cell growth with the potential to spread to other part of the body. Over 100 types of cancer has been registered that had affected human so far. According to a survey carried out by Pfizer, in 2012, 6.7 million of cancer cases was registered in Asia Pacific region, which is expected to increase continuously. Due to deteriorating lifestyle, smoking, and alcoholism, the prevalence of cancer is increasing. Increasing cancer population is the major reason for the increasing growth of the Asia Pacific immunotherapy market. Different treatment are available in the market but the advantage of immunotherapy is high as compared to other available therapies. It is mostly effective against melanoma cancer where chemotherapy and other radiation therapy fails. Increasing government support for research & development and increasing healthcare expenditure have fuelled the market growth, over the last few years. However, high side effect of the treatments and cost of the therapy may slow the market growth during the forecasted period.
Asia Pacific immunotherapy market is expecting a sound growth at a CAGR of 15.5% during the forecasted period 2017-2023.
Regional Analysis:
Asia Pacific cancer immunotherapy market is segmented into Japan, China, India, Australia, Republic of Korea, and Rest of Asia Pacific. China and India are the major contributor to the Asia Pacific cancer immunotherapy market owing to the huge presence patient base and strong government support for research & development. Moreover, availability of highly skilled healthcare professionals, rising acceptance of these therapies, and increasing demand for the treatment have provided push for the growth of the market in these countries. Australia and Rest of Asia Pacific contribute the least share to the market.
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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 other. 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.
Intended Audience
- Government and private research companies
- Research and Development (R&D) Companies
- Drug Manufacturers and Suppliers
- Pharmaceutical Companies
- Medical Research Laboratories
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