Cancer Biological Therapy Market Report, Key Strategies, Size, Growth, Share, Application, Segmentation, Trends and Opportunities Forecast to 2030
Cancer
Biological Therapy Market Highlights
Cancer is the leading and second
largest cause of death across the globe. The disease is characterized by
disordered and deregulated cellular and stromal explosion along with reduced
cell death and growth factor deprivation, and such other factors.
Cancer Biological therapy market treatment is done
with the help of living organisms, parts of living organisms or laboratory
manufactured version of such content. Most of the biological therapies use
bacteria or vaccines to mimic the body’s immune system to act against cancer
developing cells. These various types of biological therapies, which are most
of the times stated to biological modifier
therapy or immunotherapy, but these types of therapies do not always target
cancer cells directly. Further there are other biological therapies like
sections of genetic material or antibodies which are commonly known as DNA or
RNA, do aim at targeting cancer cells directly. There are also other types of
biological therapies that inhibit specific molecules involved in development
and growth of cancer tumor. Such therapies known as; cancer targeted therapies.
Cancer Biological Therapy Market can touch an impressive USD 82,276.8 Million by 2030-end and it can
attain a growth rate of 7.90% during the forecast period.
Segmentation:
The global Cancer Biological Therapy market is segmented based on phases. Based on the phases, the
market has been segmented as phase I, phases II and phases III. Based on the
type, the market has been segmented as monoclonal antibodies, interferons,
interleukins, cancer growth inhibitors, gene therapy and colony-stimulating
factors. Based on the end-users, the market has been segmented as hospitals
& clinics, global cancer technology
research centres and laboratories.
Regional Analysis:
Global cancer biological therapy market insights, based on regions is divided into North America,
Europe, Asia Pacific and Middle East and Africa. North America is expected to command
the largest market share due to advanced technologies are continuously on rise
in these countries. Europe accounts for the second largest market, where as
Asia Pacific with lots of opportunity and continuously growing economies, is
expected to be the fastest growing segment. Majorly due to recent developments
in healthcare and improving economies. Middle East and Africa with less economic
developments and extremely low-income accounts for least market share in 2016
but is expected to grow with better cancer treatment in the countries.
Cancer Biological Therapy Market Players
Key players profiled in the report are
Amgen Inc., Bristol-Myers Squibb, Celgene Corporation, ELI Lilly and Company,
F. Hoffmann-La Roche AG, EnGeneIC Ltd, Merck & Co., Inc., Novartis,Pfizer
Inc. and others.
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