North American Geographic Segment Will Account for the Largest Share of the Global Immunotherapy Drugs Market in 2015

Date: 2015-12-09

“The immunotherapy drugs market is broadly segmented on the basis of type of drugs and geographic region. The major type of immunotherapy drugs studied in the report includes antibodies (monoclonal and polyclonal), interferon (alpha), interleukins, vaccines, and checkpoint inhibitors. Among these types of drugs, monoclonal antibodies segment is expected to command the largest share while checkpoint inhibitors is expected to grow at the highest rate. This high growth rate is attributed to the technological advancement and higher efficacy of checkpoint inhibitors.

The immunotherapy drugs market, by geography, is classified into North America, Europe, Asia-Pacific, and Rest of the World. The North American geographic segment will account for the largest share of the global immunotherapy drugs market in 2015, followed by the Europe geographic segments. The Asia-Pacific segment is expected to account for highest CAGR of the immunotherapy drugs market in 2015. The major drivers for the growth of this market are increasing incidence of different types of cancer; focus on targeted therapies with fewer side effects and quicker drug approval processes.

From an insight perspective, this research report focuses on qualitative data, market size, growth of various segments and subsegments, competitive landscape, and company profiles. The qualitative data covers various levels of industry analysis such as market dynamics (drivers, restraints, opportunities, and threats). The report also offers market sizes and data of various segments in this industry. It focuses on emerging and high-growth segments, high-growth regions, and initiatives by governments. The competitive landscape covers the growth strategies adopted by industry players in the last three years. The company profiles comprise basic views on the key players in the immunotherapy drugs market and the strategies adopted by them to maintain and increase their market shares in the near future. The above-mentioned market research data, current market size, and forecast of the future trends will help key players and new entrants to make the necessary decisions regarding product offerings, geographical focus, change in approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.

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