(PharmaNewsWire.Com, January 22, 2018 ) Europe Checkpoint Inhibitors Market was worth USD 1.58 billion in 2016 and is expected to reach USD 5.43 billion by 2021 with a CAGR of 28 %. Checkpoint Inhibitors are drugs used in Immunotherapy to let immune system attack cancer cells by blocking checkpoint molecules. Checkpoint molecules are produced by immune system to avoid damage to the normal cells from immune systems attack on infected cells. But, Cancer cells use these molecules to escape immune system. By blocking these checkpoint molecules, Checkpoint inhibitors helps immune system detect and attack cancer cells.
Rising Prevalence of cancer, and increasing funding and government support towards developing new drugs are some of the factors driving the growth of the market. However, high expenses involved in R&D activities is one of the major factors restricting the growth of the market. Europe Checkpoint Inhibitors Market is segmented based on Drug type and Application. Based on Drug type, market is segmented into PD-1 inhibitors, PD-L1 inhibitors, CTLA-4, Chimeric Antigen Receptor T-cell, Others. Based on Application, market is segmented into Lung cancer, Renal cancer, Blood cancer, Bladder Cancer, Hodgkin lymphoma, Melanoma, Others. CTLA-4 Segment holds the highest share accounting for almost 94 % of the overall market. However, this segment is expected to lose some of its market to PD-1 inhibitors segment during the forecast period as majority of new treatments is based on PD-1 inhibitors. Geographically, market is further segmented into UK, France, Italy, Spain and Germany. Europe is the second largest market globally owing to the high funding available for clinical trials.
Some of the key players in the Europe checkpoint inhibitors market are Merck & Co., Inc., Bristol-Myers Squibb, Roche, AstraZeneca, Ono Pharmaceutical Co., Ltd., Juno Therapeutics, Novartis International AG, and Kite Pharma.
Market Segmentation 1) Drug Type Introduction PD-1 inhibitors PD-L1 inhibitors CTLA-4 Chimeric Antigen Receptor T-cell Others Y-o-Y Growth Analysis, By Drug Type Market Attractiveness Analysis, By Drug Type Market Share Analysis, By Drug Type 2) Application Introduction Lung cancer Renal cancer Blood cancer Bladder Cancer Hodgkin lymphoma Melanoma Others Y-o-Y Growth Analysis, By Application Market Attractiveness Analysis, By Application Market Share Analysis, By Application
Reasons to buy Europe Checkpoint Inhibitors Market Research Report: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialties with competitive pricing options.
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