Albany, NY -- (SBWIRE) -- 08/18/2018 -- The global cellular therapy in oncology pipeline market is foreseen to gain impetus with increase in the incidence rate cancer. Lack of proper cancer treatments could be a primary factor increasing the prevalence of the chronic disease. In a report by Transparency Market Research (TMR), the market is carefully evaluated based on growth dynamics, competitive landscape, and market segmentation. It is titled "Cellular Therapy in Oncology Pipeline Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 - 2025." Ongoing cellular therapy trials are projected to benefit the market. Advantages over gene therapy could prove to be extremely vital for the demand for cellular therapy.
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The combination of gene and cellular therapies has resulted into the development of innovative therapies as scientists have started to take large interest. In the cancer treatment domain, dendritic cell therapy has been proved to be a promising development of late. Immunotherapies developed recently are currently in the clinical trial phase. They represent various mechanisms of action, viz. innovative agents targeting cell surface markers or proteins. This could be another factor augmenting the demand in the global cellular therapy in oncology pipeline market. Tight regulatory scenario, development of drugs and biosimilars for cancer prevention and treatment, and expensive cost of therapies are envisaged to arrest market growth during the forecast period.
However, there are various trends and opportunities studied in the report that could help players to make progress despite the presence of growth restraints in the global cellular therapy in oncology pipeline market. According to experienced market analysts, the market could be classified as per mechanism of action and clinical phase. On the basis of mechanism of action, there could be segments such as targeting miRNA expression, targeting cell surface markers, and targeting signaling pathways. Amongst these, targeting signaling pathways is anticipated to show high growth in the market as it is considered to be a promising mechanism of action.
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By clinical phase, the global cellular therapy in oncology pipeline market could be segregated into clinical phases I, II, and III, preclinical, and research. On the geographical front, the market is predicted to witness the rise of North America as a leading region. This region could showcase its stronger growth in the market due to increased funding for cancer research, high incidence of cancer, and availability of developed research infrastructure. On the other hand, Asia Pacific could register a significant growth rate owing to increasing awareness about cancer treatment and growing interest in research.
The global cellular therapy in oncology pipeline market marks the presence of top players such as Benitec Biopharma Limited, apceth Biopharma GmbH, and Aldagen. Players are expected to focus on the development of highly cost-effective and efficient products to improve their presence in the market.
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