Oncolytic Virus Therapy Trends and Forecast
The future of the global oncolytic virus therapy market looks promising with opportunities in the breast cancer, lung cancer, melanoma, ovarian cancer, and prostate cancer markets. The global oncolytic virus therapy market is expected to grow with a CAGR of 15.8% from 2024 to 2030. The major drivers for this market are growing rates of cancer among people worldwide, increasing awareness campaign to support immunotherapy, and rising advanced or treatment-resistant cancers.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Oncolytic Virus Therapy by Segment
The study includes a forecast for the global oncolytic virus therapy by virus type, application, end use, and region.
Oncolytic Virus Therapy Market by Virus Type [Shipment Analysis by Value from 2018 to 2030]:
• Genetically Engineered Oncolytic Viruses
• Oncolytic Wild-Type Viruses
Oncolytic Virus Therapy Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Breast Cancer
• Lung Cancer
• Melanoma
• Ovarian Cancer
• Prostate Cancer
• Others
Oncolytic Virus Therapy Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Cancer Research Institutes
• Hospitals
• Specialty Clinics
• Others
Oncolytic Virus Therapy Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Oncolytic Virus Therapy Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies oncolytic virus therapy companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the oncolytic virus therapy companies profiled in this report include-
• Amunbio
• Astellas Pharma
• AstraZeneca
• BioInvent International
• Boehringer Ingelheim International
• Calidi Biotherapeutics
• Candel Therapeutics
• Daiichi Sankyo Company
• Elicera Therapeutics
• EpicentRx
Oncolytic Virus Therapy Market Insights
Lucintel forecasts that genetically engineered oncolytic virus is expected to witness the higher growth over the forecast period.
Within this market, breast cancer is expected to witness the highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Oncolytic Virus Therapy Market
Market Size Estimates: Oncolytic virus therapy market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Oncolytic virus therapy market size by virus type, application, end use, and region in terms of value ($B).
Regional Analysis: Oncolytic virus therapy market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different virus types, applications, end uses, and regions for the oncolytic virus therapy market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the oncolytic virus therapy market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for oncolytic virus therapy market?
Answer: The global oncolytic virus therapy market is expected to grow with a CAGR of 15.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the oncolytic virus therapy market?
Answer: The major drivers for this market are growing rates of cancer among people worldwide, increasing awareness campaign to support immunotherapy, and rising advanced or treatment-resistant cancers.
Q3. What are the major segments for oncolytic virus therapy market?
Answer: The future of the oncolytic virus therapy market looks promising with opportunities in the breast cancer, lung cancer, melanoma, ovarian cancer, and prostate cancer markets.
Q4. Who are the key oncolytic virus therapy market companies?
Answer: Some of the key oncolytic virus therapy companies are as follows:
• Amunbio
• Astellas Pharma
• AstraZeneca
• BioInvent International
• Boehringer Ingelheim International
• Calidi Biotherapeutics
• Candel Therapeutics
• Daiichi Sankyo Company
• Elicera Therapeutics
• EpicentRx
Q5. Which oncolytic virus therapy market segment will be the largest in future?
Answer: Lucintel forecasts that genetically engineered oncolytic virus is expected to witness the higher growth over the forecast period.
Q6. In oncolytic virus therapy market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the oncolytic virus therapy market by virus type (genetically engineered oncolytic viruses and oncolytic wild-type viruses), application (breast cancer, lung cancer, melanoma, ovarian cancer, prostate cancer, and others), end use (cancer research institutes, hospitals, specialty clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Oncolytic Virus Therapy Market, Oncolytic Virus Therapy Market Size, Oncolytic Virus Therapy Market Growth, Oncolytic Virus Therapy Market Analysis, Oncolytic Virus Therapy Market Report, Oncolytic Virus Therapy Market Share, Oncolytic Virus Therapy Market Trends, Oncolytic Virus Therapy Market Forecast, Oncolytic Virus Therapy Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.