(PharmaNewsWire.Com, March 20, 2018 ) According to a new market research report " Checkpoint Inhibitors market by Drug type (PD-1 inhibitors, PD-L1 inhibitors, CTLA-4, Chimeric Antigen Receptor T-cell, Others) by Application (Lung cancer, Renal cancer, Blood cancer, Bladder Cancer, Hodgkin lymphoma, Melanoma, Others), & by Region - Global Industry Analysis, Share, Size, Growth, Trends, and Forecasts (2016-2021)", published by MarketDataForecast™, the global Checkpoint Inhibitors Market is to reach the value of USD 21.25 billion by 2021, from the 2016's value of USD 6.08 billion at a CAGR of 28.4%. Increasing prevalence of many types of cancers around the world because of unhealthy lifestyles of people holds the main reason behind the huge projected growth of the market.
Browse Market Data Tables and Figures spread through 175 Pages and in-depth TOC on "Checkpoint Inhibitors Market"
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CTLA-4 Inhibitors exvlusively dominate the global market share
Under classification by Drug type, the global market is divided into PD-1 inhibitors, PD-L1 inhibitors, CTLA-4, Chimeric Antigen Receptor T-cell and other drug types. The scope of these inhibitors is limited by the expensive nature of the most of the inhibitors. In this segment, the CLA-4 inhibitors segment has a monopoly on the market share, though it is foreseen to lose some of its demand for PD-1 inhibitors in future.
Unhealthy lifestyle trends to promote the Checkpoint Inhibitors Market
On the basis of application, the global market is categorized into Lung cancer, Renal cancer, Blood cancer, Bladder Cancer, Hodgkin lymphoma, Melanoma and other cancers. Increasing unhealthy trends like smoking, and the rising levels of all forms of pollution across the globe results in the proliferation of various cancers in the world. This directly translates into demand for Checkpoint Inhibitors as a treatment for cancer.
By classification according to geography, the global market is studied in Asia-Pacific, Europe, Latin America, Middle East and Africa and North America. Owing to the presence of better clinical facilities and treatment facilities in developed countries like Canada and the U.S., North America remains as the top contributing region to the global market share. Asia Pacific region is expected to portray a lump sum growth rate in the forecast period.
Some of the main players in the global Checkpoint Inhibitors market are Roche, Merck & Co., Inc., Bristol-Myers Squibb, Juno Therapeutics, AstraZeneca, Ono Pharmaceutical Co., Ltd., Novartis International AG, and Kite Pharma.
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The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
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