Pune, June 05, 2021 (GLOBE NEWSWIRE) -- Global Cancer Vaccines Market 2020-2030:
Global “Cancer Vaccines Market” Research Report 2021 is a comprehensive business study on the current state of the industry, which analyses innovative strategies for business growth and describes important factors such as top manufacturers, production value, key regions, growth rate. The Cancer Vaccines Market report encloses data about the consumption, share, and future aspects. The report also elaborates on competition along with company profile, latest development trends, and industry chain.
"Final Report will add the analysis of the impact of COVID-19 on this industry."
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Market Overview:
The Global Cancer Vaccines Market size was valued at USD 5.68 billion in 2019 and is estimated to garner USD 24.32 billion by 2030, expanding at a CAGR of 14.0% during the forecast period, from 2020-2030.
Cancer is a disease in which cells grow abnormally and conquer the other tissues in the body. This uncontrolled spreading of cells causes cancer tumors. Cancer is also known as a malignant tumors or neoplasms. These tumors can be benign or malignant. To detect and cure cancer cells, cancer vaccines are used. These vaccines comprise of antigenic components that strengthen the immune system by increasing the adaptive immunity of individuals to prevent the disease from infections.
The Key Manufacturers in this market include:
- CSL Limited
- Pfizer Inc.
- Bristol-Myers Squibb
- Astrazeneca Plc.
- Sanofi Pasteur
- Aduro BioTech Inc.
- Sanpower Group
- Glaxosmithkline Plc.
- Merck & Co., Inc.
- Astellas Pharma Inc.
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Market Dynamics and Trends:
At present, cancer is the second leading cause of illness and death worldwide. A major cause of cancer is gene mutation and in rare cases the disease can also be inherited through genes. The growing occurrence of various types of cancer and the developments of new vaccines are expected to increase the demand for cancer vaccines in the coming years. Increasing administration of prophylactic cancer vaccines and rising investments for the development of new cancer vaccines are expected to fuel the cancer vaccines market growth. Moreover, factors such as emphasis on early diagnosis of cancer, introduction & approval of cancer vaccines and technological developments are expected to boost the demand for cancer vaccines market growth.
However, high cost for development of cancer vaccines, stringent regulatory guidelines and presence of alternative therapists are hampering the market growth. On the other hand, growing number of cancer patients globally and rapid introduction & approval of cancer vaccines are creating opportunities for the market.
Market Segmentation and Scope of the Study:
The global cancer vaccines market is segmented on the basis of technology, type, indication, end user, and geography. On the basis of technology, the market is segregated into dendritic cells cancer vaccines, recombinant cancer vaccine, antigen cancer vaccine and viral vector & DNA cancer vaccines. In terms of type, the market is bifurcated into preventive cancer vaccine and therapeutic cancer vaccine. Based on indication, the market is classified as prostate cancer, cervical cancer, and others. On the basis of end user, the market is divided into adult vaccines and pediatric vaccine. In terms of geography the market is classified as North America, Europe, Asia-Pacific, and Rest of World (RoW).
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Cancer Vaccines Market Segmentation:
Global Cancer Vaccines Market - By Technology
Dendritic Cells (DC) Cancer Vaccines
Recombinant Cancer Vaccines
Antigen/Adjuvent Cancer Vaccines
Viral Vector and DNA Cancer Vaccines
Global Cancer Vaccines Market - By Type
Preventive Vaccine
Therapeutic Vaccine
Global Cancer Vaccines Market - By Indication
Prostate Cancer
Cervical Cancer
Others
Global Cancer Vaccines Market - By End User
Adults Vaccines
Pediatric Vaccie
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Geographical Analysis:
North America accounts for a major share of the market due to high adoption of cancer vaccines and presence of a large patient pool and market players.
The market in Asia-Pacific is expected to grow due to increasing healthcare spending and rising consumer awareness.
With tables and figures helping analyze worldwide Global Cancer Vaccines market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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Part II:
Global Cancer Gene Therapy Market 2020-2030:
Global “Cancer Gene Therapy Market” report covers comprehensive data on operation landscape and trend analysis, market drivers, growth opportunities, and segmentation in terms of region. It presents a point-by-point analysis that includes products, applications, and competitor analysis. Cancer Gene Therapy market report highlights the latest strategies of top key players that include new product launches, partnerships, joint ventures, and the latest technology. It provides a precise evaluation of market share, size, growth rate, revenue, sales, and value chain analysis.
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Market Overview:
The Global Cancer Gene Therapy Market was valued at USD 558.24 million in 2019 and is estimated to reach USD 16.50 billion by 2030, expanding at a CAGR of 32.6% during the forecast period, from 2020 to 2030.
Gene therapy is a method of replacing or inactivating the mutated genes responsible for causing diseases or the genes that affect the proper functioning of organs, by introducing a new gene into the body. The adoption of cancer gene therapy is rising due to its high success rate achieved during trials. Cancer gene therapy is used as a substitute of the conventional drugs and surgeries to treat cancer. It has several advantages including high efficacy, minimum side effects and speedy recovery.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The Key Manufacturers in this market include:
- Bluebird bio, Inc.
- Merck
- Adaptimmune
- GlaxoSmithKline
- BioCancell
- Shenzhen SiBiono GeneTech
- SynerGene Therapeutics
- Celgene
- Shanghai Sunway Biotech
- OncoGenex Pharmaceuticals
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Market Dynamics and Trends:
According to the World Health Organization, cancer claimed the lives of nearly 9.6 million in 2018, and is the second-leading cause of death world-wide. At global level, about 1 out of 6 deaths happen due to cancer. Also, improving regulatory standards regarding the quality of products utilized in gene therapy, growing investments for R&D activities, rising popularity of DNA vaccines, ethical acceptance of the gene therapy treatments in treating cancer, are anticipated to fuel the growth of global cancer gene therapy market during the forecast period.
However, cost associated with gene therapy treatment, unwanted immune responses, and risk associated with the treatment are expected to hamper the market growth during the forecast period. On the other hand, growing geriatric population world-wide, favorable reimbursement policies, advancements in product technologies, and untapped market opportunities offered by the emerging economies, are expected to create lucrative opportunities for the market players.
Market Segmentations and Scope of the Study:
The cancer gene therapy market has been segmented based on therapy, end-user, and geography. In terms of therapy, the market has been classified into gene induced immunotherapy, gene transfer, and oncolytic virotherapy. The gene induced immunotherapy segment is further sub-segmented into the delivery of cytokines gene and delivery of tumor antigen gene. The gene transfer segment is sub-segmented into naked/plasmid vectors, sonoportion, magnetofection, electroporation, and gene gun. The oncolytic virotherapy segment is segregated into adenovirus, lentivirus, vaccinia virus, herpes simplex virus, alpha virus, retro virus, adeno associated virus, simian virus, and others. Based on application, the cancer gene therapy market is divided into hospitals, diagnostics centers, and research institutes. On the basis of geography, the market is fragmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).
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Cancer Gene Therapy Market Segmentation:
Global Cancer Gene Therapy Market - By Therapy
o Gene Induced Immunotherapy
Delivery of Cytokines Gene
Delivery of Tumor Antigen Gene
o Gene Transfer
Naked/Plasmid Vectors
Sonoportion
Magnetofection
Electroporation
Gene Gun
o Oncolytic Virotherapy
Adenovirus
Lentivirus
Vaccinia Virus
Herpes Simplex Virus
Alpha Virus
Retro Virus
Adeno Associated Virus
Simian Virus
Others
Global Cancer Gene Therapy Market - By End User
o Hospitals
o Diagnostics Centers
o Research Institutes
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Geographical Analysis:
North America dominated the global cancer gene therapy market in 2019, and this trend is expected to continue during the forecast period due to growing geriatric populations, presence of well-established healthcare infrastructure and specialized medical practitioners, advanced technological developments, presence of major manufactures, and high adoption of cancer gene therapy treatment in this region. The market in Asia-Pacific is expected to grow during the forecast period. Increasing consumer awareness about cancer gene therapy owing to increasing government initiatives, improvements in healthcare infrastructures, and untapped market offered in emerging economies.
Key Points from TOC:
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1 Secondary Research
1.2.2 Data Analysis Framework
1.2.3 Market Size Estimation
1.2.4 Forecasting
1.2.5 Primary Research And Data Validation
2. Market Snapshot, 2019-2030 Million USD
2.1. Market Snapshot
3. Porter’s Five Force Model Analysis
4. Market Dynamics
4.1. Growth Drivers
4.2. Challenges
4.3. Opportunities
...........
10. Company Profiles
Continued.......
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