Title: Oncolytic Virus Immunotherapy Market : Global Industry Analysis and Forecast to 2022 to 2031
1Oncolytic Virus Immunotherapy Market
Global Industry Analysis and Forecast to 2022 to
2031
Report Id PMRREP15262 Category Life Science
Healthcare
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3Oncolytic Virus Immunotherapy Market
Global Industry Analysis and Forecast to 2022 to
2031
- Widely adopted, traditional chemotherapy has
remained the cornerstone for first-line treatment
for advanced cancers traditionally. There is an
abundant interest in the idea of dodging such
modestly effective but potentially toxic approach
with vaccine targeted cancer therapies or virus
immunotherapies that hold significant promise of
superior efficacy and improved quality of life. - While forerunners such as Bristol-Myers Squibb,
Merck, and Roche have the most developed
portfolios of immunotherapy drugs, AstraZeneca
and Glaxo are known for excellent portfolios of
early checkpoint-based immunotherapy approaches.
The revenue expectation for most of these drugs
is approximately US 1 Bn. - Amgen has an existing product portfolio of
oncolytic virus, and combination trials with
other cancer therapies are in the pipeline.
Certain estimates dictate the overall
immunotherapy market to gain as much as a 50
share of the overall cancer treatment market
within the next decade. It is an expectation that
is coming into reality with every regulatory
approval obtained by the key players in this
field. - A new study by Persistence Market Research
predicts that the global oncolytic virus
immunotherapy market will be valued at US 214
Mn by 2029-end, expanding at a promising CAGR of
12 during the forecast period of 2019-2029. -
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4Market Segmentation
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