HYDERABAD, India, November 30, 2016 /PRNewswire/ --
According to the report "Global Cancer Immunotherapy Market", published by Market Data Forecast, the global market is projected to reach USD 111.23 billion by 2021, at a CAGR of 12.40% from 2016 to 2021.
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Healing of disease by improving and inducing immune response for the prevention is termed as immunotherapy. It is a type of biological therapy that is a type of treatment which uses substances made from living organisms to treat cancer. Cancer immunotherapy is an activation immunotherapy. It helps in inhibiting the growth of the cancer cells, stopping the cancer cells from spreading across the body, helping the immune system to fight better against the cancer cells.
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The key drivers influencing the growth of Cancer immunotherapy market are increasing occurrence of cancer, changing life style, smoking and excessive alcoholic intake, high efficacy of immunotherapy compared to other treatments, less side effects associated with cancer immunotherapy, reduced chance of recurrence of cancer. Further, cancers like Melanoma shows resistance towards chemotherapy and radiation therapies.
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However, the high cost of cancer therapies and the limited information on cancer immunobiology are the some of the major factors restraining the growth of the market.
The Cancer Immunotherapy Market is segmented as following:
Based on Application:
Based on Product Type:
Based on Mode of Administration:
Based on End users:
Geographical Segmentation:
Some of the major companies influencing the dynamics of cancer immunotherapy market are F. Hoffmann-La Roche Ltd, Amgen, Viralytics, Novartis Pharmaceuticals Corporation, Pfizer, GlaxoSmithKline Pharmaceuticals Limited, AstraZeneca plc, Medivation, Advaxis, Bristol-Myers Squibb, Merck & Co. and Celgene Corp, Immunomedics.
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The Cancer Immunotherapy market study offers the following deliverables:
Checkout other related studies in the Therapeutics Segment:
Cancer Monoclonal Antibodies Market: http://www.marketdataforecast.com/market-reports/global-cancer-monoclonal-antibodies-market-185/
Immunotherapy Drugs system Market: http://www.marketdataforecast.com/market-reports/global-immunotherapy-drugs-market-1156/
Cancer Vaccines Market: http://www.marketdataforecast.com/market-reports/global-cancer-vaccines-market-1419/
Ovarian Cancer Therapeutics Market: http://www.marketdataforecast.com/market-reports/global-ovarian-cancer-therapeutics-market-1468/
Lung Cancer Therapeutics Market: http://www.marketdataforecast.com/market-reports/global-lung-cancer-therapeutics-market-893/
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