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Promising Pipeline And Growing Awareness To Encourage Growth Of Global Cancer Vaccines Market

Press Release   •   Jan 10, 2017 02:28 EST

The 183-page research report, titled “Global Cancer Vaccines Market To 2022 - Robust Growth Driven by Increasing Prevalence, New Therapeutic Vaccine Approvals and Strong Uptake of Treatments Targeting CD19,” offers a detailed analysis of the overall market. The vital application, key geographical segments, product portfolio, and the competitive landscape of the global cancer vaccines market have been discussed at length in the scope of the research report. According to the research study, in 2015, the global market for cancer vaccines was worth US$2.5 bn and is predicted to reach US$7.5 bn by the end of 2022. The market is anticipated to register a progressive 16.93% CAGR between 2016 and 2022.

The research study throws light on the commercial and clinical landscape of the global cancer vaccines market by considering the different stages of disease diagnosis, prognosis, pathogenesis, and the treatment options that available in the global market. In addition, to offer a clear picture of the overall market, the research study helps in analyzing the cancer vaccine pipeline and offers segmentation of the global market on the basis of stage of development, molecular target, and molecule type. Furthermore, the study helps in identifying the commercial growth opportunities in the cancer vaccine deals and the latest trends in the co-development and licensing deals.

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A significant rise in the prevalence of cancers and the growing awareness among patients regarding the availability of vaccines available are some of the key reasons expected to encourage the growth of the global cancer vaccines market in the next few years. The rising number of patient assistance programs and the promising pipeline of cancer drugs and vaccines are estimated to contribute extensively towards the development of the overall market. However, the high costs of vaccines, the risk of side effects, and the stringent regulations are expected to hamper the growth of the global cancer vaccines market throughout the forecast period. Nonetheless, the rising awareness regarding cancer, technological advancements, and the increasing number of strategic alliances are expected to offer potential growth opportunities for the key players in the global cancer vaccines market.

Some of the prominent players operating in the cancer vaccines market across the globe are Valeant Pharma, Kite Pharma, GSK, Merck & Co, Bavarian Nordic, Juno Therapeutics, Novartis, Amgen, and Bluebird Bio. These players are focusing on developments and innovations in the healthcare segment in order to enhance their product portfolio and sustain in the competitive environment. To offer a detailed understanding of the global cancer vaccines market, the research study has presented insights into the company profiles, recent developments, mergers and acquisitions, financial overview, and the business strategies adopted by these players to create a niche in the global market.

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