(Health-NewsWire.Net, May 11, 2017 ) Asia-Pacific Cancer Immunotherapy Market research report, published by Market Data Forecast estimates that the market is growing with a CAGR of 13.20% to reach USD 19.59 billion by 2021, from USD 10.54 billion in 2016, which amounts to a cumulative growth of USD 9.05 billion.
Immunotherapy is a kind of cancer treatment which boosts the body’s natural defences to fight the cancer. For improving or restoring the functioning of immune systems substances either made by body or in a laboratory are used.
The process of immunotherapy is needed to stop or slow the growth of cancer cells, stop cancer from spreading it to other parts of the body or help immune system work better while destroying cancer cells. Antibodies are produced, when the immune system detects something harmful, to fight against infection. Interferons are a type of non-specific immunotherapy which helps the immune system to slow the growth of cancer cells and to fight cancer whereas, interleukins helps the immune system to produce the cells that can destroy the cancer. Globally, the cancer immunotherapy market is estimated to be growing at a high CAGR during the period 2016-2021.
The report also presents detailed analysis of multitude of factors affecting the diagnostic imaging market bearing either positive or negative outcomes. Some of those factors are • Increasing prevalence of cancers, • Increasing treatments with fewer side effects, • Rising approvals of cancer related drugs, • Increasing per capita income, • Improving healthcare infrastructure in developing markets, • Lack of skilled professionals.
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For granular level understanding the Cancer Immunotherapy Market is segmented based on application, product type, mode of administration and end-users, each being provided with Market Size Estimations and Y-o-Y Forecasts.
Based on Application the market is segmented as Breast, Lung, Melanoma, Colorectal, Head & Neck, Prostate and others. Based on Product Type the market is segmented into Monoclonal Antibodies, Checkpoint inhibitors/immune modulators, Therapeutic cancer vaccines, Oncolytic virus immunotherapy, Cytokines, Adoptive T cell transfer, Adjuvant Immunotherapy, BCG and others. Based on Mode of Administration the market is further segmented into Intravenous, Oral, Topical, and Intravesical. Based on End-users the market is furthermore segmented into hospitals and clinics.
India and China are the major economies which have unexplored customer base covered in the study. The report also focuses on other regions like Japan, Australia, South Korea and Rest of Asia-Pacific. However, chemotherapy is the largest segment of Asia-Pacifc cancer immunotherapy market which is growing faster.
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Some of the key players that operate in the Asia-Pacific Cancer Immunotherapy market include F. Hoffmann-La Roche Ltd, Amgen, Viralytics, Novartis Pharmaceuticals Corporation, Pfizer, GlaxoSmithKline Pharmaceuticals Limited and, Merck & Co.. Therefore, Product innovation and new product launches are the key strategies of the market players.
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The Asia- Pacific Cancer Immunotherapy market report offers wide-range of scope:
• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
• Know more about key areas of industry growth via detailed Segment-level analysis on basis of application, product type, mode of administration and end-users, along with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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