Immuno-Oncology Treatment Market Excessive Growth Opportunities, Trends And Forecast 2027

(MENAFN- America News Hour) Immuno-Oncology treatment market report which delivers detailed overview of the global immuno-oncology treatment market in terms of market segmentation by product, by administration, by end user and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter's five force model.

Immuno-Oncology Treatment Market
Statistics –

  • The market size is projected to record a valuation of over USD 157,230.48 million by 2027.
  • The membrane filtration industry is slated to observe 12.68% growth rate through 2020-2027

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The Immuno-Oncology Treatment Market is projected to grow by a CAGR of 12.68% during the forecast period, i.e., 2020-2027. Moreover, the market is anticipated to attain a value of USD 157,230.48 million by the end of the year 2027. Immuno-oncology treatment is a cancer therapy that involves targeting cancerous cells by stimulating the body's immune system. The market is segmented by product, by administration, by end user and by region. On the basis of administration, the market is bifurcated into standalone therapy and combination therapy, out of which, the combination therapy segment is estimated to hold the largest portion in the market as a result of growing number of approved treatments and higher effectiveness of the therapy.

Based on region, the market is segmented into North America, Latin America, Europe, Asia-Pacific and Middle East and Africa, out of which, the largest share is estimated to be held by the market in North America over the forecast period. The rising investments by various government and private institutions in the healthcare industry for the maintenance of high quality healthcare services and products is anticipated to be the major factor contributing towards the growth of the market in this region.

According to recent study by Research Nester, the
Immuno-Oncology Treatment Market
size is anticipated to surpass USD 157,230.48 million by 2027 and is projected to expand at CAGR of over 12.68% from 2020 to 2027.

Major players include in the global
Immuno-Oncology Treatment Market

  • F. Hoffmann-La Roche Ltd (SWX: ROG)
  • Merck & Company, Inc. (NYSE: MRK)
  • AstraZeneca Plc. (LON: AZN)
  • Novartis (SWX: NOVN)
  • Amgen Inc. (NASDAQ: AMGN)
  • Pfizer Inc. (NYSE: PFE)
  • Bristol-Myers Squibb Company (NYSE: BMY)
  • Eli Lilly and Company (NYSE: LLY)
  • Janssen and GlaxoSmithKline plc. (LON: GSK).

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Growing Number Of Cancer Patients In Hospitals To Support The Market Growth

According to the World Health Organization, the global cancer burden is estimated to have risen to 18.1 million new cases and 9.6 million deaths in 2018. The increasing number of patients in hospitals as compared to other smaller healthcare settings is anticipated to be a significant growth driving factor for the immune-oncology market. Moreover, the rising cases of cancer across the globe is another factor estimated to result in the market growth in the upcoming years. However, the limited access to healthcare, especially among the cancer patients residing in low- and middle-income countries, is estimated to become a growth barrier for the market over the forecast period.

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