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Immuno-Oncology Market to Receive Overwhelming Hike in Revenues by 2026

The Immuno-oncology Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

 

New York, NY -- (SBWIRE) -- 03/03/2017 -- Global Immuno-oncology Market: Drivers and Restraints

Effective mechanism of immuno-oncology therapies for the patient with poor prognosis is expected to drive the growth of immuno-oncology market. The evidences from clinical trials reveals that the effects of immuno-oncology therapies on cancer cells would last for a longer time by preparing the immune system to fight against cancer cells even after the reduction in tumor cells. Additionally the side-effects associated with immuno-oncology therapies are limited as compared to many other cancer therapies, which creates a positive impact on the growth of immuno-oncology market. The restraining factors for the immuno-oncology therapies market are high cost of treatment, lack of awareness and slower pipeline development

Global Immuno-oncology Market: Region-wise Outlook

Geographically, the global Immuno-oncology therapies market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America and Europe are the lucrative regions for immuno-oncology market due to their potential to invest the huge amount of money in the development of immuno-oncology therapies and availability of better reimbursement policies. Moreover, affordability for the cost of treatment is also high in North America and Europe. The global immuno-oncology market is expected to grow during the forecast period due to increasing investment by multinational companies in the cancer research

Global Immuno-oncology Market: Key Players

Some of the key players in global immuno-oncology market are Seattle Genetics, Inc., Genentech, Inc., F. Hoffmann-La Roche Ltd., Eisai Co. Ltd., Amgen Inc., Bayer AG, Sanofi Aventis LLC., Merck & Co., Inc., Bristol-Myers Squibb Company, Dendreon Corporation and others. The global immuno-oncology market is expected to grow during the forecast period due to increasing investment by multinational companies in the cancer research.

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