Cancer Immunotherapy Market, By Therapy Type (Monoclonal Antibodies, Cancer Vaccines, Immunomodulators, Immune Check Point Inhibitors, and Other Therapy Types), By Application (Prostate Cancer, Breast Cancer, Skin Cancer, Lung Cancer, and Other Applications), By End Users (Hospitals and Clinics, Cancer Research Centers, and Other End Users), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Immunotherapy enables the immune system to recognize and target cancer cells, making it a universal answer to cancer. Immunotherapy is a type of cancer treatment that helps the body’s immune system fight cancer. Cancer immunotherapy work on many different types of cancer. Immunotherapy help improve outcomes for people with several types of cancer that typically have a poor diagnosis. In some cases, such as lung cancer and melanoma skin cancer, cancer immunotherapy has been successful at treating even advanced cancers.
Market Dynamics:
Increase in incidence/prevalence of cancer, increase in awareness among people about cancer, immunotherapy, rise in effectivity and accuracy of newer therapies, and increase in research and development activities are major factors expected to boost the growth of the global cancer immunotherapy market during the forecast period.
For instance, in May 2022, UVA Health and Charlottesville-based Focused Ultrasound Center announced the launch of the Focused Ultrasound Cancer Immunotherapy Center, the world’s first center dedicated specifically to advancing a focused ultrasound and cancer immunotherapy treatment approach that could revolutionize 21st-century cancer care.
Moreover, in May 2021, Astellas Pharma announced the approval of the XTANDI therapy (enzalutamide) by the European Commission. XTANDI is the only available approved oral treatment for three kinds of prostate cancer, including non-metastatic, metastatic hormone sensitive, and metastatic castration resistant.
Key features of the study:
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