Immuno Oncology Drugs Market Size, Growth, Report 2031
The Immuno Oncology Drugs Market research report highlights market research and industry analysis driven by in-depth business relevant news.
Precision Business Insights has published a report on the global Immuno Oncology Drugs Market, estimating its value at USD 61.9 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 10% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
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The Immuno-Oncology (I-O) Drugs Market refers to the global industry focused on therapies that harness the body’s immune system to fight cancer.
Drivers:
· Global cancer cases are expected to surpass 35 million annually by 2050, a 77% rise from 2022 levels.
· Rapid innovation in immune checkpoint inhibitors and CAR-T cell therapies is expanding treatment options.
The global Immuno Oncology Drugs Market segmentation:
1) By Type: Monoclonal Antibodies, Immune Checkpoint Inhibitors, Immune System Modulators, Cancer Vaccines, Others.
2) By Application: Breast Cancer, Blood cancer, Liver Cancer, Brain cancer, Colorectal Cancer, Others.
3) By End Users: Hospitals, Ambulatory Centers, Clinics, Academic Institutes.
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Regional Overview:
The report also examines the current concerns and their Future Effects on the Immuno Oncology Drugs Market by the region. The report covers all regions and countries; North America was the largest and Asia was the fastest-growing region in the Immuno Oncology Drugs Market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
· North America (U.S., Canada)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
· Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
· Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Merck & Co. Inc. (U.S.), Hoffmann-La Roche AG (Switzerland), Spectrum Pharmaceuticals (U.S.), Eli Lilly and Company (U.S.), Amgen Inc. (U.S.), Bristol-Meyer Squibb (U.S.), Sanofi S.A. (France), AstraZeneca plc (U.S.), 3M Company (U.S.)
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