Cancer Biological Therapy Market Research- Asia Pacific  Forecast till 2030

Asia Pacific Cancer Biological Therapy Market Information: By Type (Monoclonal Antibodies, Interferons, Interleukins, Cancer Growth Inhibitors, Gene Therapy, Colony-Stimulating Factors, Targeted Therapy, Cancer Vaccines and others), By Phases (Phase I, Phase II, Phase III) By End Users (Hospitals & Clinics, Cancer Research Centers, Laboratories) - Forecast till 2030

ID: MRFR/Pharma/2980-HCR | 50 Pages | Published By Kinjoll Dey on March 2023         

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Asia Pacific Cancer Biological Therapy Market

Asia Pacific cancer biological therapy market is expected to grow at a CAGR of 7.7% during the forecasted 2022-2030

Segmentation
By Type Monoclonal Antibodies Interferons Interleukins Cancer Growth Inhibitors Gene Therapy Colony-Stimulating Factors Targeted Therapy Cancer Vaccines
By Phases Phase I Phase II Phase III
By End Users Hospitals & Clinics Cancer Research Centers Laboratories
Key Players
Companies Profiled   Merck & Co.Inc. (US)   F. Hoffmann-La Roche Ltd (Switzerland)   Novartis AG (Switzerland)   Amgen Inc. (US)   Bristol-Myers Squibb (US)   Celgene (US)   Eli Lilly and Company (US)   EnGeneIC (Australia)   Pfizer (US)   Intas Pharmaceuticals Ltd. (India)   Sun Pharmaceutical Industries Ltd. (India)
Drivers
Market Driving Forces   increasing cancer survival rates   growing demand for advanced therapies such as biological therapy
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Market Scenario The Asia Pacific Cancer Biological Therapy Market is expected to reach USD 172,450.2 Million by 2030 at 7.7% CAGR during the forecast period 2022-2030. Cancer is the leading and the second largest cause of death across the globe. The disease is characterized by disordered and deregulated cellular and stromal explosion along with reduced cell death and growth factor deprivation, and others. Biological therapy treatment is done with the help of living organisms, parts of living organisms or laboratory manufactured version of such content. Various types of biological therapies, which inhibit specific molecules involved in development and growth of cancer tumor, such therapies known as; cancer targeted therapies.


The major driving factors for Asia Pacific cancer biological therapy market are increasing cancer survival rates, growing demand for advanced therapies such as biological therapy, growth of cancer healthcare facilities in emerging countries, etc. Additionally, less number of side effects associated with biological therapy as compared to conventional treatment methods is the critical growth factor. Conventional cancer treatment methods like chemotherapy, radiotherapy give effective result, but along with that these methods also show its counter effects on body. The side effects may include, loss of hair, weakened immune system, and such others depending upon the type, and phase of cancer. Biological therapies help to reduce the level of side effects as compared to other treatment methods. Biological therapies are giving the same amount of success rate for curing the cancer patient with 1st stage cancer approximately 27% to 35%. Owing to low level of side effects and high success rate of this therapy, the market is expected to grow rapidly. However, high cost of the treatment may restrain the market growth.


Figure 1: Asia Pacific cancer biological therapy market, by types


APAC Cancer Biological Therapy Market


  Sources: Annual reports, Press release, White paper, Company Presentation


 


 Key Players The leading market players in the Asia Pacific cancer biological therapy market include Merck & Co., Inc. (US), F. Hoffmann-La Roche Ltd (Switzerland), Novartis AG (Switzerland), Amgen Inc. (US), Bristol-Myers Squibb (US), Celgene (US), Eli Lilly and Company (US), EnGeneIC (Australia), Pfizer (US), Intas Pharmaceuticals Ltd. (India), and Sun Pharmaceutical Industries Ltd. (India)


Segmentation Asia Pacific cancer biological therapy market is segmented into types, phases, and end users.


On the basis of types the market is segmented into monoclonal antibodies, interferon, interleukins, cancer growth inhibitors, gene therapy, colony-stimulating factors, targeted therapy, cancer vaccines, and others. On the basis of phases, the market is segmented into phase I, phase II, and phase III.


On the basis of end users, the market is segmented into hospitals & clinics, cancer research centers, laboratories, and others.


Market Assessment APAC Cancer Biological Therapy Market-


Sources: Annual reports, World Health Organization (WHO), White paper, Company Presentationa 


Regional Analysis China dominates the Asia Pacific cancer biological therapy market owing to increasing prevalence of cancer.  Increasing adoption of smoking by people, rapid research & development and presence rapidly developing economy in this region fuel the growth of the market in Asia Pacific. Japan and Australia are other major contributor to the market growth in this region.


Intended Audience



  • Pharmaceutical Companies

  • Pharmaceutical Suppliers

  • Cancer Research Organizations

  • Potential Investors

  • Key Executive (CEO and COO) and Strategy Growth Manager

  • Research Companies


 



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Frequently Asked Questions (FAQ) :

The projected CAGR of Asia Pacific Cancer Biological Therapy Market would 7.7% during the forecast period of 2022-2030.

The Asia Pacific Cancer Biological Therapy Market could be deterred by the high cost involved in the process.

The players are F. Hoffmann-La Roche Ltd (Switzerland), Merck & Co., Inc. (US), Bristol-Myers Squibb (US), Novartis AG (Switzerland), Amgen Inc. (US), Pfizer (US), Intas Pharmaceuticals Ltd. (India), Eli Lilly and Company (US), EnGeneIC (Australia), Celgene (US), and Sun Pharmaceutical Industries Ltd. (India).

Asia Pacific Cancer Biological Therapy Market segmented by types into interferon, monoclonal antibodies, cancer growth inhibitors, interleukins, colony-stimulating factors, gene therapy, cancer vaccines, targeted therapy, and others.

Asia Pacific Cancer Biological Therapy Market segmented by end users into laboratories, cancer research centers, hospitals & clinics, and others.