Categories: Healthcare

Checkpoint Inhibitors Market Drivers, Demand, Insights 2024-2033 | Overview, Growth Analysis

The Checkpoint Inhibitors Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Checkpoint Inhibitors Global Market Report 2024, The checkpoint inhibitors market size has grown rapidly in recent years. It will grow from $32.41 billion in 2023 to $37.88 billion in 2024 at a compound annual growth rate (CAGR) of 16.9%. The growth in the historic period can be attributed to rising incidence of cancer, increasing awareness of checkpoint inhibitors, expanding range of approved checkpoint inhibitors, research and development on checkpoints novel inhibitors, clinical trials and research.

The checkpoint inhibitors market size is expected to see rapidly grown in the next few years. It will grow to $55.64 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to expanding indications, biomarker discovery, combination therapies, personalized medicine, expanded indications. Major trends in the forecast period include precision immunotherapy, immune checkpoint combinations, cell therapy integration, biosimilars, immunotherapy combinations, .

The rise in the number of cancer cases across the globe is likely to contribute to the growth of the checkpoint inhibitors market during the forecast period. For instance, in January 2022, according to the American Cancer Society, there will likely be 1.9 million new cancer diagnoses and 609,360 cancer-related deaths in the US, or roughly 1,670 fatalities every day. The four most common types of cancer worldwide are lung, prostate, bowel, and female breast cancer, accounting for 43 percent of all new cancer cases. Checkpoint inhibitors targeting the checkpoints are very helpful as cancer therapies. Therefore, the rise in cancer incidence rates globally is anticipated to boost for checkpoint inhibitors market demand.

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The checkpoint inhibitors market covered in this report is segmented –

1) By Drug: PD-1 Inhibitors, PD-L1 Inhibitors, CTLA-4, Chimeric Antigen Receptor T-cell, Other Drugs

2) By Application: Lung Cancer, Renal Cancer, Blood Cancer, Bladder Cancer, Melanoma, Other Applications

3) By End-Users: Hospitals Pharmacies, Retail Pharmacies, Online Pharmacies

Major companies operating in the clean-label ingredients market are developing new clean label dietary fibers to sustain their position in the market. Dietary fibers are non-digestible carbohydrates found in plant-based foods that promote digestive health, regulate blood sugar, and contribute to a feeling of fullness. For instance, in July 2022, Ingredion Incorporated, a US-based food company, launched two citrus-based dietary fibers, Fibertex CF 502 and Fibertex CF 102, as part of its efforts to address the growing demand for clean labels and support nutrition, health, and wellness trends. These fibers, made from unused side-streams, contain over 90% dietary fiber and can replace ingredients like fats, hydrocolloids, and modified starches, helping reduce fat, sugar, and calories in various applications. Positioned as a next wave in clean label ingredients, they enhance nutritional profiles, support sustainability, and provide sensory experiences.

The checkpoint inhibitors market report table of contents includes: