PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1807094
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1807094
Oncolytic Virus Immunotherapy Market Introduction and Overview
According to SPER market research, 'Global Oncolytic Virus Immunotherapy Market Size- By Virus Type, By Application, By Route of Administration, By End-User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Oncolytic Virus Immunotherapy Market is predicted to reach 2945.34 million by 2034 with a CAGR of 22.85%.
Oncolytic virus immunotherapy refers to the use of viruses in the treatment of cancer, aiming to infect and destroy cells that are affected by the disease. Consequently, the naturally occurring virus is engineered to deliver therapeutic payloads to tumors and provide immune-boosting molecules once tumor cells have been infected. The benefits of oncolytic virus immunotherapy include a reduction in tumor burden through virus replication within tumorous cells.
Restraints: The substantial expenses associated with oncolytic virus therapy are a critical obstacle impeding the expansion of the global oncolytic virus therapy market. The creation of such therapies necessitates extensive research and prolonged clinical trials, rendering the process exceedingly costly. A significant portion of these expenses arises from the various phases of clinical trials aimed at assessing the efficacy and safety of these therapies in human participants.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Virus Type, By Application, By Route of Administration, By End-User
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Amgen Inc, Creative Biolabs, Daiichi Sankyo Company Limited, Genelux Corporation, Oncorus Inc, Replimune Inc, Siga Technologies, Sorrento Therapeutics Inc, TILT Biotherapeutics, Viralytics Ltd.
Global Oncolytic Virus Immunotherapy Market Segmentation:
By Virus Type: Based on the Virus Type, Global Oncolytic Virus Immunotherapy Market is segmented as; Herpes Simplex Virus, Adenovirus, Vaccinia Virus, Newcastle Disease Virus, Reovirus, Other Virus Type.
By Route of Administration: Based on the Route of Administration, Global Oncolytic Virus Immunotherapy Market is segmented as; Intratumoral, Intravenous, Other Routes of Administration.
By Application: Based on the Application, Global Oncolytic Virus Immunotherapy Market is segmented as; Melanoma, Breast Cancer, Lung Cancer, Ovarian Cancer, Prostate Cancer, Other Application.
By End-User: Based on the End-User, Global Oncolytic Virus Immunotherapy Market is segmented as; Hospitals & Clinics, Cancer Research Institutes, Ambulatory Surgical Centers, Other End-User.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.