Immuno-Oncology Clinical Trials Market Profits To Upswing With USD 15.6 Bn Earnings By 2028

Immuno-Oncology Clinical Trials Market Profits To Upswing With USD 15.6 Bn Earnings By 2028

Market Growth & Trends in Immuno-oncology Clinical Trials
According to a new analysis from Grand View Research, Inc., the global immuno-oncology clinical trials market is predicted to reach USD 15.1 billion by 2028. From 2021 to 2028, the market is estimated to grow at a CAGR of 13.6 percent. Immuno-oncology has risen to prominence as a novel therapeutic area within the oncology ecosystem, revolutionising cancer treatment.

As medication classes diversified, the number of new immuno-oncology trials grew from 250 to almost 600 between 2014 and 2017, with double-digit growth rates each year. The quick growth was mostly due to biomarker and checkpoint inhibitor trials. While some pharmaceutical classes of immuno-oncology are maturing, cell treatments are outpacing all other immunotherapeutics in terms of growth. Globally, there were 1,483 active chemicals in the pipeline for cancer cell treatment in March 2020, up from 472 in March 2019. Chimeric antigen receptor T (CAR-T) cell products were the fastest-growing category (up 77 percent from 2019 to 2020).

Furthermore, during the Covid-19 epidemic, the number of IO medicines in development climbed from 3,876 in 2019 to 4,720 in 2020, representing a 22 percent and a 233 percent rise, respectively, over 2019 and 2017. Despite the impact of the COVID-19 pandemic, this 22 percent growth demonstrates a revival of interest in IO after a small gain of 15% in 2019 compared to 68 percent between 2018 and 2017.

Global Immuno-Oncology Clinical Trials Market
Global Immuno-Oncology Clinical Trials Market

The top Leading Market Players Covered in this Report are : Novartis AG, Medpace Holdings, Inc., Syneous Health, AstraZeneca plc, and Exscientia..

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Product Types: Interventional Trials And Observational Trials

On the Basis of Application: Solid Tumors And Hematological Cancer

The report extensively details the overview and core working of the parent market. It accurately proposes the present and future market size andvolume. Our analysts well equip the clients with all the vital data required to build strategic growth plans and policies during the forecast period. A holistic study of the global Immuno-Oncology Clinical Trials market unveils the business cycles and paradigm pattern shift due to the outbreak of Covid-19. The report offers a thorough investigation on the post-Covid market, alongside sheddinglight on expected upcoming trends that can play a vital role further in market development.

Apart from historical, current, and forecasted market value, the report is an in-depth guide on market segmentation. The report clearly mentions the potential segment anticipated to exhibit exceptional growth during the forecast period. Furthermore, the report maps the critical assessment of the customer journey to help the decision-makers of the organization in framing an effective strategy to convert more prospects into customers.

Global Immuno-Oncology Clinical Trials Market: Regional Analysis

  • North America ( United States)
  • Europe ( Germany, France, UK)
  • Asia-Pacific ( China, Japan, India)
  • Latin America ( Brazil)
  • The Middle East & Africa

The report entails the growth and restraining factors of the global Immuno-Oncology Clinical Trials market. Our data repository is updated continuously to reflect precise and real-time data analysis. Our analysts have adopted a wide array of methodologies to extract accurate data for stating growth factors in the global Immuno-Oncology Clinical Trials market. The report deliberates recent case studies to help our clients understand how to overcome the underlying challenges in the market. The section will help our clients to identify the opportunity along with possible barriers to leverage their business position in the global market.

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The regional analysis section reveals the potential region that can credit the business revenue manifolds. Also, it entails the regional market value and volume to let clients map promising regions for their business operations during the forecast period. The report is very handy for guiding on investing choices, whether in a product or service array.

Our analysts are experts in thisfield with years of experience. We at Zion Market Research maintain the highest level of accuracy and transparency in the report. The primary and secondary resources used in the report are taken from reliable and high authority sources to deliver 100% accurate and trusted data.

The study objectives of this report are:

  • To study and analyze the global Keyword size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2027, and forecast to 2027.
  • To understand the structure of Keyword by identifying its various sub-segments.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • Focuses on the key global Keyword manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
  • To analyze the Keyword with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To project the value and volume of Keyword sub-markets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies
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Frequently Asked Questions

  • What are the key factors driving Immuno-Oncology Clinical Trials Market expansion?
  • What will be the value of Immuno-Oncology Clinical Trials Market during 2021- 2027?
  • Which region will make notable contributions towards global Immuno-Oncology Clinical Trials Market revenue?
  • What are the key players leveraging Immuno-Oncology Clinical Trials Market growth?

Also, Research Report Examines:

  • Competitive companies and manufacturers in global market
  • By Product Type, Applications & Growth Factors
  • Industry Status and Outlook for Major Applications / End Users / Usage Area

Thanks for reading this article ; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.