Immune Checkpoint Inhibitors Market (COVID – 19 Updates) 2020 to See Stunning Growth Worldwide, Leading Players -Merck & Co., Inc., Bristol -Myers Squibb Company, Regeneron Pharmaceuticals, Genetech Inc
DBMR has added a new report titled Global Immune Checkpoint Inhibitors Market with data Tables for historical and forecast years represented with Chats & Graphs spread through Pages with easy to understand detailed analysis. This Global Immune Checkpoint Inhibitors Market report is quite useful to find out the general market conditions and tendencies. It also estimates the probable market for a new product to be launched in the market. This also Report has compiled to provide various market aspects such as size, share, trends, dynamics, growth, sales, and industry analysis. The competitive analysis taken place in this Global Immune Checkpoint Inhibitors Market report include strategic profiling of key market players, their core competencies, their strong and weak points, and competitive landscape of the market which supports businesses illustrate their individual strategies.
Global Immune Checkpoint Inhibitors Market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market is growing with the healthy CAGR in the above-mentioned research forecast period. Rising prevalence of cancer related disorders worldwide and emerging markets are the factors responsible for the growth of this market.
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Key Market Competitors: Global Immune Checkpoint Inhibitors Market
The major players covered in the immune checkpoint inhibitors market are Merck & Co., Inc., Bristol -Myers Squibb Company, Regeneron Pharmaceuticals, Genetech Inc., AstraZeneca, EMD Serono, Inc., Novartis AG, and Pfizer Inc., among others.
The Global Immune Checkpoint Inhibitors Market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Immune Checkpoint Inhibitors Market Share analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
Growing cases of cancer drives the immune checkpoint inhibitors market. Due to adoption of unhealthy lifestyle and genetic modification/alteration also boost up the immune checkpoint inhibitors market growth. However, increased advancement in the treatment of cancer and rise in population with immune system diseases worldwide will boost up the global immune checkpoint inhibitors market. But, stringent FDA guidelines for the drug approval of new drug & adverse effect after the treatment may hamper the immune checkpoint inhibitors market.
Immune checkpoint inhibitors are the molecules on some immune cells that need to be activated or inactivated to start an immune response and prevent the immune system by damage. These checkpoint inhibitors used to treat cancer but they do not work directly on the tumor cells. Cancer cells sometimes find ways to use these checkpoints to avoid the attacked by immune system. But drugs that targets theses checkpoint hold lot of potential for the cancer treatment. Immune checkpoint inhibitors act against the checkpoint protein called CTLA-4, PD-1 or its partner protein PD-L1.
Key Developments in the Market:
- In June 2019, Merck & Co., Inc., received FDA approval for the KEYTRUDA (pembrolizumab) for two new indications. KEYTRUDA is the first-line treatment of patients with metastatic or with unresectable, recurrent head and neck squamous cell carcinoma as monotherapy for patients whose tumors express PD-L1 (CPS ≥1) or in combination with platinum and fluorouracil (FU) regardless of pd-l1 expression. With this approval, the company has enhanced its product portfolio in the market.
- In September 2018, Regeneron Pharmaceuticals, Inc., received FDA approval for the Libtayo (cemiplimab-rwlc). Libtayo (cemiplimab-rwlc) first and only treatment for locally advanced cutaneous squamous cell carcinoma and metastatic cutaneous squamous cell carcinoma for curative surgery or curative radiation. Libtayo is a fully-human monoclonal antibody targeting the immune checkpoint receptor PD-1. With this approval, the company has enhanced the credibility of their product in the market
Key Developments in the Market:
- In February 2019, Merck & Co., Inc. announced that they had received US FDA approval for their immune checkpoint inhibitor “Keytruda” (pembrolizumab) for the treatment of advanced Merkel cell carcinoma (MCC).
- In January 2019, F. Hoffmann-La Roche Ltd announced that they had received US FDA approval for “Tecentriq” (atezolizumab) in combination with bevacizumab, paclitaxel and carboplatin for the treatment of non-small cell lung cancer in advanced stages.
- In October 2018, Regeneron announced that they had received US FDA approval for “Libtayo” (cemiplimab) for the treatment of advanced cutaneous squamous cell carcinoma.
Global Immune Checkpoint Inhibitors Market Scope and Market Size
Immune checkpoint inhibitors market is segmented on the basis of indication, target, route of administration, end-users and distribution channel.
- On the basis of indication, the immune checkpoint inhibitors market is segmented into breast cancer, bladder cancer, cervical cancer, Hodgkin lymphoma, liver cancer, lung cancer, kidney cancer, solid cancer and others
- On the basis of target, the immune checkpoint inhibitors market is segmented into PD-1, PD-L1, CTLA-4 and others
- Route of administration segment of immune checkpoint inhibitors market is segmented into oral, parenteral and others
- On the basis of end-users, the immune checkpoint inhibitors market is segmented into hospitals, specialty clinics and others
- On the basis of distribution channel, the immune checkpoint inhibitors market has also been segmented into hospital pharmacy, retail pharmacy, others
Global immune checkpoint inhibitors market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of immune checkpoint inhibitors market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Market Definition: Global Immune Checkpoint Inhibitors Market
Immune checkpoint inhibitor is a type of treatment option that is used to regulate the immune system and helps in blocking the proteins on the tumor cells. These therapeutic drugs are used for targeted cancer treatments in advanced forms of cancer in patients.
- Increasing levels of cancer incidences amongst the population globally; this factor is expected to act as a driver for the market growth
- Increasing presence of reimbursement policies and increasing healthcare expenditure; this factor is expected to act as a driver for the market growth
- Higher cost caused due to the high research and development costs associated with the development and production of products; this factor is expected to restrain the market growth
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Immune Checkpoint Inhibitors Market Country Level Analysis
Immune checkpoint inhibitors market is analysed and market size information is provided by country, indication, target, route of administration, end-users and distribution channel as referenced above.
The countries covered in the immune checkpoint inhibitors market report are U.S., Canada, Mexico in North America, Brazil, Argentina, Peru, Rest of South America, as part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific in Asia-Pacific, U.A.E, Egypt, Israel, Saudi Arabia, Kuwait, South Africa, Rest of Middle East and Africa, as a part of Middle East and Africa.
North America accounts the largest market share due to the presence of key manufacture of the product, high research and development and healthcare expenditure and skilled professionals. Europe is considered second largest market for immune checkpoint inhibitors due to increased cancer treatment & surgeries. Asia-Pacific is expected to account for the largest market share over coming years for the immune checkpoint inhibitors market due to increased government awareness programs and number of generic drugs.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Reasons to Purchase this Report
- Current and future of global immune checkpoint inhibitors market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Immune Checkpoint Inhibitors Market report effectively provides required features of the global market for the population and for the business looking people for mergers & acquisitions, making investments, new vendors or concerned in searching for the appreciated global market research facilities. It offers sample on the size, offer, and development rate of the market. The Immune Checkpoint Inhibitors report provides the complete structure and fundamental overview of the industry market.
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