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Cancer Biological Therapy 2019 Europe Market Expected to Grow at CAGR 5.5 % and Forecast to 2024

Europe Cancer Biological Therapy | Market Synopsis & Forecast – 2024

 

Pune, Maharashtra -- (SBWIRE) -- 12/09/2019 -- WiseGuyRerports.com Presents "Europe, Middle East and Africa Cancer Biological Therapy Market Estimation & Forecast, 2013-2023" New Document to its Studies Database

Biological therapy involves the usage of living organisms or substances extracted from living organisms to treat a certain disease. It stimulates the body's natural immune response to counter any form of infection or disease.
Generally, biological therapies constitute interleukins, monoclonal antibodies, interferons, vaccines, and other such items that boost the body's natural immunity to directly or indirectly fight cancer.

Some fields of biological therapy involve the introduction of dead or weakened bacteria of vaccines to stimulate the body's natural immune response to produce antibodies and fight cancer.

The largest driving factor for the global cancer biological therapy market is its large patient pool. Other factors include the prevalence of cancer, patent expiry of cancer drugs, usage of biosimilar compounds, and demand for biological therapy in targeted treatment.

The global cancer biological therapy market is projected to reach USD 59.9 billion, with a CAGR of 5.5% for the forecast period.

Key Players

Amgen Inc., Bristol-Myers Squibb, Celgene Corporation, ELI Lilly and Company, EnGeneIC Ltd., EnGeneIC Ltd., F. Hoffmann-La Roche AG, Merck & Co. Inc., Novartis, Pfizer Inc, Seattle Genetics Inc. and Teva Pharmaceutical Industries Ltd.

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Segmentation

The global cancer biological therapy market can be divided on the basis of the vaccine or bacteria used to trigger the immune response. The major categories include:

Monoclonal antibodies
Naked Monoclonal
Conjugated Monoclonal
Bispecific Monoclonal
Vaccines
Preventive Vaccines
Therapeutic Vaccines
Cancer Growth Blockers
Tyrosine kinase inhibitors
Proteasome inhibitors
mTOR inhibitors
Cytokines
Interferon
Interleukins

Regional Analysis

In the case of geography, the report classifies the global market into the following segments:

North America
Europe
China
Japan
Southeast Asia
India
Amongst these regions, North America occupies a major market share of the market. It is closely followed by the European and Asia-Pacific markets. North America emerges as a leader due to the extensive R&D carried out in the field of biological therapy for the treatment of cancer. Much of this research is backed by governmental organizations.

Industry News

According to the latest discovery made by the researchers at the University of North Carolina Lineberger Comprehensive Cancer Center, a combination of chemotherapy and immunotherapy has been proven to be effective in fighting aggressive breast cancer cells in clinical trials. The study that was published in the Cell journal confirmed that biological therapy could be an effective form of treatment for certain patients.

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Table Of Content:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

Chapter 3. Research Methodology

Chapter 4. Market Dynamics

Chapter 5. Market Factor Analysis

Chapter 6. Global By Type

Chapter 7. Global By Treatment

Chapter 8. Global By End Users

Chapter 9. Global By Region

Chapter 10. Company Landscape

Chapter 11 Company Profiles

Chapter 12 MRFR Conclusion