Portland, OR -- (SBWIRE) -- 09/11/2017 -- Check point inhibitors are molecules that use the cosmic potential of the immune response system of the body, and its limitless influences to attack the cancer cells present inside the body, as well as avoids relapse of cancer cells. In case any relapse occurs in the body, it can easily be recognized and eliminated by the use of immune memory cells, leaving a healthy tissue. In addition, it also limits the after effects, and raises the patient benefit-risk ratio, and therefore increases its market demand.
Factors such as rise in incidences of cancer and high rate of associated mortality, increased healthcare expenditures, growth in government initiatives to alleviate cancer, and rise in public awareness boost the growth of immune checkpoint inhibitors market. However, high expenses associated with research activities and sunk expenses involved in the R&D activities are projected to restrain the growth of the immune checkpoint inhibitors market.
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Contemplating to its segmentation, the global check point inhibitors market is segmented on the basis of type, application, and region. Based on type, this market is bifurcated into CLTA-4 Inhibitors and PD-1 & PD-L1 Inhibitor. According to application, it is classified into lung cancer, blood cancer, renal cancer, bladder cancer, melanoma, Hodgkin lymphoma, and others. By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The key players of this market include Bristol-Myers Squibb Company, AstraZeneca plc, Merck & Co., Pfizer, Inc., F. Hoffmann-La Roche Ltd., Incyte Corporation, NewLink Genetics Corporation, Celldex Therapeutics, Inc., GlaxoSmithKline plc., and Seattle Genetics, Inc.
Immune Check Point Inhibitors Market Key Segments:
-PD-1 & PD-L1 Inhibitor