
The Global Cancer Immunotherapy Market size was valued at around USD 134.4 billion in 2024 and is projected to reach USD 214.7 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.12% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
Global Cancer Immunotherapy Market Driver:
Increasing Frequency of Approvals Received by Novel Immunotherapies – Increasing acceptance of novel immunotherapies is expected to bode well for market expansion in the coming years. For instance, The U.S. FDA authorized a number of anti-PD-1/L1 antibodies between 2020 and 2022 for the treatment of NSCLC, renal cell carcinoma, melanoma, breast, prostate, and other malignancies. These antibodies include nivolumab, atezolizumab, avelumab, dostarlimab, and others. Therefore, the increased approval of immunotherapeutic drugs has fueled market development in the past few years.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Cancer Immunotherapy Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Product Type
- Monoclonal Antibodies
- Immunomodulators
- Oncolytic Viral Therapies and Cancer Vaccines
- Checkpoint Inhibitors
- Others
- By Cancer Type
- Lung Cancer
- Prostate Cancer
- Breast Cancer
- Ovarian Cancer
- Pancreatic Cancer
- Head and Neck Cancer
- Melanoma
- Colorectal Cancer
- By Mechanism of Actions
- Active Immunotherapy
- Passive Immunotherapy
- By End Users
- Hospitals
- Cancer Research Centers
- Clinics
- By Region
- North America
- Latin America
- Europe
- Middle East and Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Amgen Inc., Astrazeneca, Bayer AG, Bristol-Myers Squibb, ELI Lilly and Company, Janssen Global Services LLC, Johnson and Johnson, Merck, Novartis, Pfizer, F., Hoffmann-La Roche Ltd. are looking forward to strengthening their market positions.
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Global Cancer Immunotherapy Industry Recent Development:
In 2024: AstraZeneca decided to pay USD 18 million to Immunai (biotechnology firm) to use New York-based firm’s AI model of the immune system for cancer drug trials.
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