Immunotherapy Drugs Market is Likely to Grasp the CAGR of 11.5% by 2029, Size, Share, Trends, Challenges and Competitive Analysis

PRESS RELEASE
Published October 31, 2023

Immunotherapy Drugs Market study by Data Bridge Market Research provides details about the market dynamics affecting the Immunotherapy Drugs Market, Market scope, Market segmentation, and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This Immunotherapy Drugs Market report serves business purposes and endows you with the best market research and analysis performed with the advanced tools and techniques.

“Monoclonal antibodies” segment of the type of drug hold the largest share of the immunotherapy drugs market due to their high specificity and fewer adverse effects, as well as an increased focus on tailored therapies, industry activities, and the growing prevalence and patient pool of target diseases. Data Bridge Market Research analyses that the immunotherapy drugs market was valued at USD 181.75 billion in 2021 and is further estimated to reach USD 434.18 billion by 2029, and is expected to grow at a CAGR of 11.5% during the forecast period of 2022 to 2029.

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Immunotherapy drugs are used to boost or decrease the body’s immune system. They are mostly used to treat cancer and work by stimulating the body’s immune system and triggering an immunological response that aids in the generation of antibodies. Antibodies that are created in response to an antigen kill malignant or tumour cells.

Pembrolizumab, a PD-1 inhibitor manufactured by Merck & Co., Inc., holds a strong lead among top players of immunotherapy drugs on the market. According to a study published in the International Journal of General Medicine in 2018, mortality from many non-communicable diseases (NCDs) or chronic diseases continues to rise around the world, with a disproportionately larger impact in low-middle income countries (LMIs), with chronic diseases accounting for nearly 75% of global deaths.

 Some of the major players operating in the immunotherapy drugs market are

  • Abbott (US)
  • PerkinElmer Inc. (US)
  • Illumina, Inc. (US)
  • QIAGEN (Germany)
  • F. Hoffmann-La Roche Ltd (Switzerland)
  • Novartis AG (Switzerland)
  • AstraZeneca (UK)
  • Pfizer Inc. (US)
  • Sanofi (France)
  • Johnson & Johnson Services, Inc. (India)
  • AbbVie Inc. (US)
  • Allergan (Ireland)
  • Merck & Co., Inc. (US)
  • Amgen Inc. (US)
  • Thermo Fisher Scientific (US)
  • Teva Pharmaceutical Industries Ltd. (Israel)
  • Takeda Pharmaceutical Company Limited. (Japan)
  • GlaxoSmithKline plc (UK)
  • Lupin Pharmaceuticals, Inc. (US)
  • Lilly (US)
  • Bristol-Myers Squibb Company (US)
  • Medtronic (US)
  • Bayer AG (Germany)
  • Boehringer Ingelheim International GmbH (Germany)

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Global Immunotherapy Drugs Market Scope and Market Size

The immunotherapy drugs market is segmented on the basis of type of drug, therapy area and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type of Drug

  • Monoclonal Antibodies
  • Adult Vaccines
  • Checkpoint Inhibitors
  • Interferons Alpha and Beta
  • Interleukins
  • Other Drugs

On the basis of type of drug, the immunotherapy drugs market is segmented into monoclonal antibodies, adult vaccines, checkpoint inhibitors, interferons alpha and beta, interleukins and other drugs. Adult vaccines is further sub segmented into preventive vaccines and therapeutic vaccines. Interleukins is further sub segmented inyonon-specific immunotherapy and adaptive cell therapy.

Therapy Area

  • Cancer
  • Autoimmune and Inflammatory Diseases
  • Infectious Diseases
  • Other Therapy Areas

On the basis therapy area, the immunotherapy drugs market is segmented into cancer, autoimmune and inflammatory diseases, infectious diseases and other therapy areas.

End User

  • Hospitals
  • Clinics
  • Other End Users

On the basis of end user, the immunotherapy drugs market is segmented into hospitals, clinics and other end users.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the Immunotherapy Drugs Market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Immunotherapy Drugs Market.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Immunotherapy Drugs Market Landscape

Part 04: Global Immunotherapy Drugs Market Sizing

Part 05: Global Immunotherapy Drugs Market by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Reasons to Buy:

  • Review the scope of the Immunotherapy Drugs Market with recent trends and SWOT analysis.
  • Outline of market dynamics coupled with market growth effects in coming years.
  • Immunotherapy Drugs Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.
  • Regional and country level analysis combining Immunotherapy Drugs Market and supply forces that are affecting the growth of the market.
  • Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.
  • and strategies adopted by the players in the last five years.

This study answers to the below key questions:

  1. What are the key factors driving the Immunotherapy Drugs Market?
  2. What are the challenges to market growth?
  3. Who are the key players in the Immunotherapy Drugs Market?
  4. What are the market opportunities and threats faced by the key players?

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