Europe Cancer Immunotherapy Market, Size, Share Growth & Forecast 2023


Posted September 28, 2018 by OliveDavid

Europe Cancer Immunotherapy Market Size is anticipated to be valued at USD 37.62 Billion by 2023.
 
Overview:
In the year 2018, Europe Cancer Immunotherapy Market was valued at USD 20.92 Billion. By the year 2023, it is expected to reach USD 37.62 Billion at pace of 12.45% CAGR.

The immune system is a set of cells, organs and special substances that protect the human body from diseases and infections. Cancer immunotherapy is a type of cancer treatment that increases the body's natural immune system to fight cancer cells. This therapy is given to cancer patients to stop the spread of cancer, slow the growth of cancer cells and improve natural immunity to destroy cancer cells.

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Underlying Causes
The growth for Cancer Immunotherapy Market is driven due to factors like rising prevalence of cancer diseases such as lung cancer, breast cancer, skin cancer, and others, growing demand for cancer monoclonal antibodies, increasing acceptance of immunotherapy over conventional and traditional therapeutics, and rising awareness about cancer treatments among people. In addition, increasing investment for R&D activities, introduction of advanced treatment, and advancement of technologies in the medical sector is expected to drive the market growth. However, high cost of drugs, high risk of side effects and stringent regulatory policies are expected to decline the growth rate for Europe Cancer Immunotherapy Market during the forecast period.

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Geographic Segmentation:
Based on geography the Europe Cancer Immunotherapy Market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. Europe is expected to have steady growth rate for Cancer Immunotherapy Market during the forecast period.

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Key Players:
Leading companies for Europe Cancer Immunotherapy Market are F. Hoffmann-La Roche Ltd, Amgen, Viralytics, Novartis Pharmaceuticals Corporation, Pfizer, GlaxoSmithKline Pharmaceuticals Limited, AstraZeneca plc, Medivation, Advaxis, Bristol-Myers Squibb, Merck & Co. and Celgene Corp, Immunomedics.

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Last Updated September 28, 2018