The Global Cancer Vaccines Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of XX% by 2025. Increased prevalence of cancers like cervical and prostate are drive the market Cancer Vaccines growth.
The global Cancer Vaccines market is driven by rise in prevalence of HPV infections and related cancer, increase in administration of prophylactic cancer vaccines, surge in investments & findings in the development of cancer vaccines, and launch of novel cancer vaccines in the market.
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The longer timelines required for manufacturing a single vaccine restrain the development of new vaccines, thereby, hampering the market growth. In addition, high monetary inputs for the development of cancer vaccines decrease their adoption in the market, thereby, hampering the market growth.
On the basis of application, the global Cancer Vaccines market is segmented into the cervical cancer and prostate cancer. The cervical cancer vaccine market segment accounted for maximum market owing to the increase in number of people suffering from human papilloma virus (HPV) infections, which causes approximately 70% of cervical cancers globally.
Asia-Pacific witnessed the highest growth rate for cancer vaccines and is expected to continue this trend throughout the forecast period. This is attributed to large population base, rise in incidence of HPV infection related cancers & other cancer cases, healthcare infrastructural development, and huge market potential. Moreover, the introduction of novel preventive, therapeutic, and adult cancer vaccines in the market along with the increasing focus by key players in the emerging markets has fueled the growth of the industry.
Some of the key players operating in this market includes Astrazeneca, Glaxosmithkline Plc., Merck & Co., Inc., Sanofi Pasteur SA, Aduro BioTech Inc., the Sanpower Group, Astellas Pharma.
Key benefits of the report:
Global Cancer Vaccines Industry is spread across 121 pages, profiling 07 top companies and supported with tables and figures.
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The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity Production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
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TABLE OF CONTENT
1 Executive Summary
2 Methodology And Market Scope
3 Cancer Vaccines Market — Industry Outlook
4 Cancer Vaccines Market Region Outlook
5 Cancer Vaccines Market Application Outlook
6 Cancer Vaccines Market Regional Outlook
7 Competitive Landscape
End Of The Report
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