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Market Analysis: Global Immune Checkpoint Inhibitors Market
Global Immune Checkpoint Inhibitors Market was valued at an estimated USD 11.71 billion in 2018 this value is projected to grow to USD 42.11 billion by 2026, registering a CAGR of 17.35% in the forecast period of 2019-2026. This rise in market value can be attributed to growing incidences of cancer cases worldwide.
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Key Market Competitors: Global Immune Checkpoint Inhibitors Market
Few of the market competitors currently in the market are AstraZeneca; Novartis AG; F. Hoffmann-La Roche Ltd; Merck & Co., Inc.; Merck KGaA; Incyte Corporation; Regeneron; Sanofi; Eli Lilly and Company; Fortress Biotech; Immutep; Pfizer Inc.; NewLink Genetics Corporation and Bristol-Myers Squibb Company.
Global Immune Checkpoint Inhibitors Market By Type (CTLA-4 Inhibitor, PD-1 Inhibitor, PD-L1 Inhibitor), Therapeutic Application (Melanoma, Lung Cancer, Urothelial Carcinoma, Hodgkin Lymphoma, Squamous Cell Carcinoma, Blood Cancer, Others), Distribution Channel (Retail Pharmacies, Hospital Pharmacies), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Competitive Analysis: Global Immune Checkpoint Inhibitors Market
Global immune checkpoint inhibitors market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of immune checkpoint inhibitors market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Market Definition: Global Immune Checkpoint Inhibitors Market
Immune checkpoint inhibitor is a type of treatment option that is used to regulate the immune system and helps in blocking the proteins on the tumor cells. These therapeutic drugs are used for targeted cancer treatments in advanced forms of cancer in patients.
- Increasing levels of cancer incidences amongst the population globally; this factor is expected to act as a driver for the market growth
- Increasing presence of reimbursement policies and increasing healthcare expenditure; this factor is expected to act as a driver for the market growth
- Higher cost caused due to the high research and development costs associated with the development and production of products; this factor is expected to restrain the market growth
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Segmentation: Global Immune Checkpoint Inhibitors Market
- By Type
- CTLA-4 Inhibitor
- PD-1 Inhibitor
- PD-L1 Inhibitor
- By Therapeutic Application
- Lung Cancer
- Urothelial Carcinoma
- Hodgkin Lymphoma
- Squamous Cell Carcinoma
- Blood Cancer
- By Distribution Channel
- Retail Pharmacies
- Hospital Pharmacies
Key Developments in the Market:
- In February 2019, Merck & Co., Inc. announced that they had received US FDA approval for their immune checkpoint inhibitor “Keytruda” (pembrolizumab) for the treatment of advanced Merkel cell carcinoma (MCC).
- In January 2019, F. Hoffmann-La Roche Ltd announced that they had received US FDA approval for “Tecentriq” (atezolizumab) in combination with bevacizumab, paclitaxel and carboplatin for the treatment of non-small cell lung cancer in advanced stages.
- In October 2018, Regeneron announced that they had received US FDA approval for “Libtayo” (cemiplimab) for the treatment of advanced cutaneous squamous cell carcinoma.
Reasons to Purchase this Report
- Current and future of global immune checkpoint inhibitors market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Chapter 2: Executive Summary
Chapter 3: Industry Insights
Technological and innovation landscape
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Immune Checkpoint Inhibitors Market report effectively provides required features of the global market for the population and for the business looking people for mergers & acquisitions, making investments, new vendors or concerned in searching for the appreciated global market research facilities. It offers sample on the size, offer, and development rate of the market. The Immune Checkpoint Inhibitors report provides the complete structure and fundamental overview of the industry market.
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