Cancer Biological Therapy Market was estimated at 74.36 (USD Billion) in 2019 and set to record a CAGR of nearly 6.7% over 2020-2026
The global cancer biological therapy market was estimated at 74.36 (USD Billion) in 2019 and set to record a CAGR of nearly 6.7% over 2020-2026. The report offers valuation and analysis of cancer biological therapy market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).
Introduction
Biological therapy or biotherapy is a new cancer treatment method. It makes use of biological response modifiers as well as biologicals for treating cancer. Moreover, these substances originate from mammalian cells and improves the immune response. Additionally, launching of molecular biological procedures and hybridoma technology has resulted in preparation of these substances in huge quantities and highly pure form to apply them in cancer biological therapy. Additionally, nanomedicine provides a tool of biocompatible systems that can provide traditional chemotherapeutic medicines in vivo along with raising their bioavailability around the cancerous tumors and increasing their release profile. Reportedly, nanoparticles can be used for oncology applications that range from diagnosis to treatment.
Market Growth Dynamics
Cancer is one of the key causes of deaths across the globe and in the last few years a large number of research studies have demonstrated the necessity of introducing new treatments for reducing the side effects due to traditional therapies and this will drive the market trends. Apparently, biological therapies like oncolytic virus therapy and immunotherapy are well tolerated by the bodies of the patients and have low side-effects as compared to chemotherapies due to its effective immune tolerance mechanisms. This will help the market scale up new terrains of growth over the forecast timespan.
Furthermore, rise in the incurrence of cancer, surging impact of biosimilars, and escalating need for targeted drug treatments will steer the expansion of the market over the forthcoming years. Huge funding of cancer research projects and government aid for developing new cancer treatments will amplify the growth rate of the market in the years to come.
North America To Contribute Majorly Towards Overall Industry Share Over 2020-2026
The growth of the market over the forecast timeline is owing to massive cases of cancer witnessed in the countries like the U.S. In addition to this, increase in the proportion of aging populace prone to chronic ailments like cancer will help the regional market reach new milestones of growth in the forthcoming years.
Key players profiled in the market are Spectrum Pharmaceuticals, Amgen, F. Hoffmann-La Roche, AbbVie, AstraZeneca, Novartis, Astellas, Pfizer, Celgene Corporation, Sanofi, Takeda Pharmaceuticals, Bayer, ELI Lilly & Company, Eisai, GlaxoSmithKline, Merck, Incyte, Otsuka, and Seattle Genetics.
The global cancer biological therapy market is segmented as follows:
By product type
By Application:
By Region
List of Figures
1. Market research process
2. Market research methodology
3. Global Cancer Biological Therapy Market , 2016–2026 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Cancer Biological Therapy Market attractiveness, By Application
6. Global Cancer Biological Therapy Market attractiveness, By Product
7. Global Cancer Biological Therapy Market Share by Application ,2019 and 2026 (USD Billion)
8. Global Cancer Biological Therapy Market by Diagnostic Laboratories,2016–2026 (USD Billion)
9. Global Cancer Biological Therapy Market by Hospitals ,2016–2026 (USD Billion)
10. Global Cancer Biological Therapy Market by Pharmaceutical & Biotechnology Companies ,2016–2026 (USD Billion)
11. Global Cancer Biological Therapy Market by Research & Academic Laoratories,2016–2026 (USD Billion)
12. Global Cancer Biological Therapy Market Share By Product,2019 and 2026 (USD Billion)
13. Global Cancer Biological Therapy Market by Monoclonal Antibodies,2016–2026 (USD Billion)
14. Global Cancer Biological Therapy Market , By Vaccines, 2016–2026 (USD Billion)
15. Global Cancer Biological Therapy Market , By Cancer Growth Blockers, 2016–2026 (USD Billion)
16. Global Cancer Biological Therapy Market , By Blood Cell Growth Factors, 2016–2026 (USD Billion)
17. Global Cancer Biological Therapy Market , By Cytokine, 2016–2026 (USD Billion)
18. Global Cancer Biological Therapy Market share, by Region, 2019 and 2026
19. North America Cancer Biological Therapy Market , 2016–2026 (USD Billion)
20. Europe Cancer Biological Therapy Market , 2016–2026 (USD Billion)
21. Asia Pacific Cancer Biological Therapy Market , 2016–2026 (USD Billion)
22. Latin America Cancer Biological Therapy Market , 2016–2026 (USD Billion)
23. The Middle East and Africa Cancer Biological Therapy Market , 2016–2026 (USD Billion)
List of Tables
1. Global Cancer Biological Therapy Market : snapshot
2. Drivers of the Cancer Biological Therapy Market : impact analysis
3. North America Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
4. North America Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
5. The U.S. Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
6. The U.S. Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
7. Rest of North America Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
8. Rest of North America Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
9. Europe Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
10. Europe Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
11. UK Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
12. UK Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
13. France Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
14. France Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
15. Germany Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
16. Germany Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
17. Rest of Europe Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
18. Rest of Europe Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
19. Asia Pacific Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
20. Asia Pacific Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
21. China Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
22. China Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
23. Japan Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
24. Japan Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
25. India Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
26. India Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
27. Rest of Asia Pacific Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
28. Rest of Asia Pacific Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
29. Latin America Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
30. Latin America Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
31. Brazil Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
32. Brazil Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
33. Rest of Latin America Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
34. Rest of Latin America Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
35. The Middle East and Africa Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
36. The Middle East and Africa Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
37. Saudi Arabia Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
38. Saudi Arabia Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
39. South Africa Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
40. South Africa Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
41. Rest of the Middle East & Africa Cancer Biological Therapy Market revenue, By Application , 2016–2026 (USD Billion)
42. Rest of the Middle East & Africa Cancer Biological Therapy Market revenue, By Product, 2016–2026 (USD Billion)
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Cancer is one of the key causes of deaths across the globe and in the last few years a large number of research studies have demonstrated the necessity of introducing new treatments for reducing the side effects due to traditional therapies and this will drive the market trends.
The CAGR of the market is projected at nearly 6.7% during forecast period.
North America is likely to make noteworthy contributions towards overall market revenue.
The key players profiled in the report include Spectrum Pharmaceuticals, Amgen, F. Hoffmann-La Roche, AbbVie, AstraZeneca, Novartis, Astellas, Pfizer, Celgene Corporation, Sanofi, Takeda Pharmaceuticals, Bayer, ELI Lilly & Company, Eisai, GlaxoSmithKline, Merck, Incyte, Otsuka, and Seattle Genetics.
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