Cancer Vaccine Market

Cancer Vaccine Market Size, Share, Growth Analysis, By Vaccine Type Outlook(Preventive Cancer Vaccines, Therapeutic Cancer Vaccines), By Indication Type Outlook(Prostate Cancer, Bladder Cancer), By Technology Type Outlook(Recombinant Cancer Vaccines, Whole-cell Cancer Vaccines), By Region(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG35I2300 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Cancer Vaccine Market Insights

Market Overview:

The global market for cancer vaccines, with an estimated value of $7.31 billion in 2022, is projected to experience a compound annual growth rate (CAGR) of 11.04% from 2023 to 2030. This growth can be attributed to several factors, including the increasing incidence of cancer, heightened awareness regarding vaccination, and a notable emphasis on personalized vaccine development by key industry players. Furthermore, substantial investments and government funding in vaccine research are expected to drive market expansion. For instance, in January 2023, the UK government announced a substantial investment of $25.13 billion (£20) for the advancement of vaccine research and development.

Cancer Vaccine Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Pharmaceuticals by segment aggregation, the contribution of the Pharmaceuticals in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Cancer Vaccine was estimated to be valued at US$ XX Mn in 2021.

The Cancer Vaccine Market is estimated to grow at a CAGR of XX% by 2028.

The Cancer Vaccine Market is segmented on the basis of Vaccine Type Outlook, Indication Type Outlook, Technology Type Outlook, Region.

Based on region, the Cancer Vaccine Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Cancer Vaccine Market are , Merck & Co., Inc. , GSK plc , Dendreon Pharmaceuticals LLC. , Dynavax Technologies. , Ferring B.V. , Amgen, Inc. , Moderna, Inc. , Sanofi , AstraZeneca , Bristol-Myers Squibb Company.

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Cancer Vaccine Market

Product ID: UCMIG35I2300

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