Market Size –
The dendritic cell cancer vaccine market size has grown rapidly in recent years. It will grow from $2.23 billion in 2023 to $2.46 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to cancer awareness initiatives, investments in manufacturing infrastructure, exploration of combination therapies, adoption of precision medicine, and improved understanding of the immune system.
The dendritic cell cancer vaccine market size is expected to see rapid growth in the next few years. It will grow to $3.63 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. The growth in the forecast period can be attributed to integration of omics technologies, global aging population, emergence of digital health solutions, increasing patient advocacy efforts and awareness campaigns, integration of artificial intelligence (ai), focus on biomarker-driven therapies. Major trends in the forecast period include regenerative medicine advances, innovations in vaccine delivery systems, patient-centric drug development, advances in neoantigen identification, development of next-generation vaccine platforms.
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Scope Of Dendritic Cell Cancer Vaccine Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Dendritic Cell Cancer Vaccine Market Overview
Market Drivers –
The rising number of cancer cases is expected to propel the growth of the dendritic cell cancer vaccine market going forward. Cancer is a disease characterized by the uncontrolled growth and spread of abnormal cells in the body, often leading to the formation of tumors and disruption of normal bodily functions. The number of cancer cases is impacted by factors related to lifestyle choices, environmental exposures, and genetic predispositions. Dendritic cell cancer vaccines are utilized in cancer treatment to stimulate the body’s immune system, targeting cancer cells and potentially improving patient outcomes. For instance, in February 2024, according to the World Health Organisation, a US-based intergovernmental organization, approximately 35 million new cancer cases are predicted in 2050, a 77% increase from the estimated 20 million cases in 2022. Therefore, the rising number of cancer cases is driving the growth of the dendritic cell cancer vaccine market.
Market Trends –
Major companies operating in the dendritic cell cancer vaccine market are focused on forming strategic collaborations to develop cancer curative vaccines to advance better clinical care to patients. Strategic collaborations refer to formal partnerships between companies or organizations aimed at achieving specific business objectives that are mutually beneficial. For instance, in May 2023, Walter and Eliza Hall Institute of Medical Research, an Australia-based medical research institute, collaborated with Peter MacCallum Cancer Centre, an Australia-based oncology research institute. They have received over $900,000 in MRFF funding to create a cancer vaccine for patients with few therapeutic alternatives. The team seeks to improve dendritic cell-based vaccinations, a potential treatment for cancer patients that includes boosting their cells to fight cancer. This study is based on a groundbreaking discovery made at WEHI 30 years ago, which could lead to the first clinical trial for cancer patients.
The dendritic cell cancer vaccine market covered in this report is segmented –
1) By Product: CreaVax, Sipuleucel-T (Provenge), Other Products
2) By Distribution Channel: Hospitals, Cancer Centers, Ambulatory Surgical Centers, Clinics
3) By Application: Pediatrics, Adults
4) By End User: Oncology, Research Institutions, Biopharmaceutical Companies
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Regional Insights –
North America was the largest region in the dendritic cell cancer vaccine market in 2023. The regions covered in the dendritic cell cancer vaccine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the dendritic cell cancer vaccine market are Dendreon Pharmaceuticals LLC, Celgene Corporation, Cognate BioServices Inc., APAC Biotech, Asterias Biotherapeutics Inc, Batavia Biosciences, Medigene AG, Zelluna Immunotherapy AS, Diakonos Oncology, Elios Therapeutics LLC, Northwest Biotherapeutics, Oncopep Inc., PDC*line Pharma SA, SillaJen Biotherapeutics Inc., VLP Therapeutics, ImmunityBio Inc., Celldex Therapeutics Inc., Bellicum Pharmaceuticals, Argos Therapeutics Inc., DCPrime, NuGenerex Immuno-Oncology
Table of Contents
1. Executive Summary
2. Dendritic Cell Cancer Vaccine Market Report Structure
3. Dendritic Cell Cancer Vaccine Market Trends And Strategies
4. Dendritic Cell Cancer Vaccine Market – Macro Economic Scenario
5. Dendritic Cell Cancer Vaccine Market Size And Growth
…..
27. Dendritic Cell Cancer Vaccine Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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