The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
Global neoantigen targeted therapies market size reached USD 1.76 billion in 2021 and is expected to register a revenue CAGR of 37.3% during the forecast period, according to latest analysis by Emergen Research. Increasing incidence of malignant tumors and rising prevalence of cancer are some key factors expected to support market revenue growth between 2022 and 2030.
Key participants include BioNTech SE, Gritstone Bio, Inc., Genocea Biosciences, Moderna, Inc., Agenus, Inc., Immatics N.V., Advaxis, Inc., Precision Biologics, Inc., Gilead Sciences, Inc., Cellular Biomedicine Group, Inc., Achilles Therapeutics Plc, and Merck & Co., Inc.
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Drivers:
Several factors drive the growth of the Neoantigen Targeted Therapies market. One primary driver is the growing recognition of the role of neoantigens in tumor immunology and their potential as targets for precision cancer treatments. Advances in genomics and bioinformatics have enabled the identification and characterization of neoantigens, paving the way for the development of personalized immunotherapies tailored to individual patients' tumor profiles. Additionally, the success of immune checkpoint inhibitors in treating certain cancers has fueled interest in expanding the repertoire of immunotherapeutic approaches, including neoantigen-targeted therapies, to improve patient outcomes and overcome treatment resistance.
Research Methodology
Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap.
Key Objectives of the Global Neoantigen Targeted Therapies Market Report:
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Neoantigen Targeted Therapies Market
- and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
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Restraints:
Despite its promise, the Neoantigen Targeted Therapies market faces certain restraints. One challenge is the complexity and heterogeneity of tumor neoantigens, which pose obstacles to effective antigen prediction, vaccine design, and immune response activation. Variability in neoantigen expression among patients and within tumor subclones necessitates robust biomarker discovery and validation strategies to identify optimal therapeutic targets and predict treatment response accurately. Moreover, challenges related to manufacturing scalability, regulatory approval pathways, and reimbursement mechanisms may hinder the widespread adoption and commercialization of neoantigen-targeted therapies.
Emergen Research has segmented the global neoantigen targeted therapies market on the basis of target disease indication, neoantigen type, immunotherapy type, and region:
· Target Disease Indication Outlook (Revenue, USD Billion, 2019–2030)
- Colorectal Cancer
- Renal Cell Carcinoma
- Non-Small Cell Lung cancer
- Bone Cancer
- Gynecological Cancer
· Neoantigen Type Outlook (Revenue, USD Billion, 2019–2030)
- Personalized Neoantigen
- Off-the-shelf Neoantigen
· Immunotherapy Type Outlook (Revenue, USD Billion, 2019–2030)
- DNA/RNA-based Vaccines
- Protein-based Vaccines
- Dendritic Cell Vaccines
- TIL-based Therapies
Regional Overview:
The global Neoantigen Targeted Therapies Market market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Neoantigen Targeted Therapies Market market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
Global Neoantigen Targeted Therapies Market Report – Table of Contents:
- Chapter 1 includes the global Neoantigen Targeted Therapies Market market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Neoantigen Targeted Therapies Market market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Neoantigen Targeted Therapies Market market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Neoantigen Targeted Therapies Market industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
