Immune Checkpoint Inhibitors Market to Inspire a Growth up to US$ 40,882.6 Million by 2026 – Coherent Market Insights

Immune Checkpoint Inhibitors Market to Inspire a Growth up to US$ 40,882.6 Million by 2026 – Coherent Market Insights

  • December 1, 2020

Global Immune Checkpoint Inhibitors Market – Insights

An immune checkpoint inhibitor is a type of drug that blocks proteins called checkpoints that are made by some types of immune system cells, such as T cells, and some cancer cells. PD-1/PD-L1 and CTLA-4/B7-1/B7-2 are some of the checkpoint proteins found on T cells or cancer cells. On the basis of functioning, immune checkpoint inhibitors are divided into programmed death receptor-1 (PD-1) inhibitors, programmed death-ligand 1 (PD-L1) inhibitors, and cytotoxic t-lymphocyte antigen 4 (CTLA-4) inhibitors. Certain immune checkpoint inhibitors are used for the treatment of cancers such as non-small cell lung cancer, lymphoma, skin cancer, and breast cancer. These inhibitors target the immune system of the body instead of the tumors and enable the immune system to recognize and target cancer cells. Iplimumab, Nivolumab, Rituximab, Blinatumomab, Proleukin, Gardasil, and Kymriah are some of the commercially available immune checkpoint inhibitors.

Request to view Sample Report: https://www.coherentmarketinsights.com/insight/request-sample/2560

Global Immune Checkpoint Inhibitors Market: Drivers

Development and launch of novel immune checkpoint inhibitors is expected to boost growth of the global immune checkpoint inhibitors market over the forecast period. Immune checkpoint inhibitors offer lesser adverse effects compared to conventional cancer therapies such as chemotherapy, radiation therapy, and others. This in turn has prompted market players to focus on developing immune checkpoint inhibitors that are customized to attack or block particular targets. For instance, Iplimumab, a human monoclonal antibody blocks cytotoxic T-lymphocyte-associated antigen-4. Moreover, agents focusing on specific immune regulatory checkpoints programmed death-1 (PD-1) and programmed death ligand-1 and 2 (PD-L1) such as Nivolumab, Atezolimumab, and Pembrolizumab are being used for cell lung cancer. In April 2017, Genentech USA, Inc. received the U.S. FDA accelerated approval for TECENTRIQ (atezolizumab) for the treatment of patients with locally advanced or metastatic urothelial carcinoma (mUC), who are not eligible for cisplatin chemotherapy. The product is currently in phase 4 clinical syudy.

Moreover, R&D in immune checkpoint inhibitors is also expected to boost growth of the global immune checkpoint inhibitors market. For instance, according to the Tufts Center for the Study of Drug Development (CSDD) report, 2016, currently, over 130 biotech and 20 pharma companies are developing immuno-oncology therapies. Moreover, according to the New York-based, Cancer Research Institute (CRI), 2017, currently 2,004 immuno-oncology agents including 940 in clinical stage and 1,064 in preclinical stage are under development.

Apply Promo Code “STAYHOME” And Get Instant Discount Of USD 1000
Buy Now this Premium Report to Grow your Business @ https://www.coherentmarketinsights.com/insight/buy-now/2560

The global immune checkpoint inhibitors market size was valued at US$ 10,543.8 million in 2017, and is expected to witness a robust CAGR of 11.8% over the forecast period (2018 – 2026).

Global Immune Checkpoint Inhibitors Market: Restraints 

High cost of immuno-oncology therapies is expected to hinder growth of the global immune checkpoint inhibitors market. For instance, Keytruda (Pembrolizumab), a monoclonal antibody for the treatment of various types of cancer cost around US$ 2,250 for a vial of 50 mg.

Table No.1: Atezolizumab (Tecentriq) Years of Approval and Indications

Year of Approval Atezolizumab (Tecentriq) Indication
2016 Urothelial Carcinoma
2016 Specific Type of Metastatic Lung Cancer
2017 Initial Treatment for Certain People with Advanced Bladder Cancer
2018 Initial Treatment of Metastatic Non-Squamous Non-Small Cell Lung Cancer
2019 Combination With Abraxane Accelerated Approval for People With PD-L1-Positive, Metastatic Triple-Negative Breast Cancer

Source: Company Annual Reports

Global Immune Checkpoint Inhibitors Market: Competitive Landscape   

Major players operating in the global immune checkpoint inhibitors market include Bristol-Myers Squibb Company, Merck & Co., Inc., F. Hoffmann-La Roche AG, AstraZeneca Plc., Novartis International AG, ImmunOs Therapeutics AG, Immutep Ltd., NewLink Genetics Corporation, Ono Pharmaceutical Co., Ltd., and Pfizer, Inc.

Read Press Release: https://www.coherentmarketinsights.com/press-release/immune-checkpoint-inhibitors-market-to-surpass-us-408826-million-threshold-by-2026-1335

Global Immune Checkpoint Inhibitors Market: Key Developments 

Major players in the market are focused on collaborating with educational institutes for R&D in oncology treatment. For instance, in 2016, AbbVie and the University of Texas MD Anderson Cancer Center entered into a three-year agreement for focusing on immune system’s complete potential to fight against cancer.

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

To know more about us, please visit our website – www.coherentmarketinsights.com

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

admincis

E-mail : cis@capsimmunesystem.org

capsimmunesystem.org