Immune Checkpoint Inhibitors Market by Type (PD-1 Inhibitors, PD-L1 Inhibitors and CTLA-4 Inhibitor) and Application (Lung Cancer, Bladder Cancer, Melanoma, Hodgkin lymphoma and other application): Global Opportunity Analysis and Industry Forecast, 2021-2030
The global immune checkpoint inhibitors market was valued at $29,803.71 million in 2020, and is projected to reach $1,40,890.10 million by 2030, registering a CAGR of 16.8% from 2021 to 2030
Checkpoint inhibitor is a type of drug used in immunotherapy, which helps block the proteins present on tumor cells, as these affect the functioning of the immune system. Immune checkpoint inhibitor drugs block different checkpoint proteins including, CTLA-4 (cytotoxic T lymphocyte associated protein 4), PD-1 (programmed cell death protein 1), and PD-L1 (programmed death ligand 1).
Immune checkpoint inhibitor is also known as checkpoint inhibitor therapy is a form of cancer immunotherapy. Which used in the treatment of a broad spectrum of cancers as metastatic melanoma, non-small lung cancer or renal cell carcinoma. These are humanized monoclonal antibodies target inhibitory receptors (e.g. CTLA-4, PD-1, LAG-3, TIM-3) and ligands (PD-L1) expressed on T lymphocytes, antigen presenting cells and tumor cells and elicit an anti-tumor response by stimulating immune system.
The key factor that drives the growth of market are owing to the growth in incidence of different forms of cancer, surge in awareness of checkpoint inhibitor for treatment of cancer, higher number of R&D studies, and surge in adoption of immune checkpoint inhibitor drugs. In addition, growth in the geriatric population, and technological advancement in screening & diagnosis of cancer further drives the market growth. However, high cost associated with immune checkpoint inhibitors is projected to impede the market growth.
The global immune checkpoint inhibitor market is segmented based on type, application, and region. Based on type, the market is classified as CTLA-4 inhibitor, PD-1 inhibitor, PD-L1 inhibitor, and others. According to the application, the market is categorized as lung cancer, bladder cancer, melanoma, Hodgkin lymphoma, and others.
Based on region, the market is studied across North America (U.S., Canada, and Mexico), Europe (Germany, France, the UK, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, and rest of Asia-Pacific), and LAMEA (Brazil, and rest of LAMEA).
Key players operating in the global immune checkpoint inhibitor market are, AstraZeneca PLC, Bristol-Myers Squibb Company, Eli Lilly and Company (ARMO Biosciences.) GlaxoSmithKline Plc, F. Hoffmann-La Roche Ltd. (Genentech, Inc.,), Sanofi, Merck & Co., Inc., Merck KGaA (EMD Serono, Inc.), and BeiGene Ltd Shanghai Jhunsi Biosciences Ltd.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global immune checkpoint inhibitors market along with the current trends and future estimations to elucidate the imminent investment pockets.
A comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
Comprehensive quantitative analysis of the industry from 2020 to 2030 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the key segments of the industry helps to understand the products and end users of immune checkpoint inhibitors used across the globe.
Key market players and their strategies have been analysed to understand the competitive outlook of the market.
KEY MARKET SEGMENTS
By Type
CTLA-4 Inhibitor
PD-1 Inhibitor
PD-L1 Inhibitor
By Application
Lung Cancer
Bladder Cancer
Melanoma
Hodgkin lymphoma
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Rest of LAMEA
KEY Players
AstraZeneca PLC
Bristol-Myers Squibb Company
Eli Lilly and Company (ARMO Biosciences.)
GlaxoSmithKline Plc
F. Hoffmann-La Roche Ltd. (Genentech, Inc.,)
Sanofi
Merck & Co., Inc.
Merck KGaA (EMD Serono, Inc.)
BeiGene Ltd
Shanghai Jhunsi Biosciences Ltd
List of Company Profiles
AstraZeneca PLC
Bristol-Myers Squibb Company
Eli Lilly and Company (ARMO Biosciences.)
GlaxoSmithKline Plc
F. Hoffmann-La Roche Ltd
(Genentech, Inc.,)
Sanofi
Merck & Co., Inc.
Merck KGaA (EMD Serono, Inc.)
BeiGene Ltd
Shanghai Jhunsi Biosciences Ltd.
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