New York, July 17, 2019 (GLOBE NEWSWIRE) -- Increasing demand for cancer immunotherapy in hospitals, cancer research centers, and clinics coupled with high investment in R&D of cancer immunotherapy is fueling the market growth.
The Global Cancer Immunotherapy Market is forecast to reach USD 242.86 Billion by 2026, according to a new report by Reports and Data. The Cancer Immunotherapy market is rising rapidly in the global market owing to the increase in the adoption rate of immunotherapy over the conventional medication systems for higher chances of survival. Incorporating cancer immunotherapy with other cancer treatments has also made possible the immedicable patients to recuperate their new life, which the conventional treatments are unable to offer. This, in turn, has made the cancer immunotherapy very sustainable for the end user market, thus making the cancer immunotherapy market grow high year on year.
In the year 2018, the lung cancer segment has witnessed the highest market demand. The massive rate of getting addicted to smoking cigarettes is observed among youngsters, mostly in the Asia Pacific region. In consequence, the lung cancer market has been measured to dominate the cancer immunotherapy market by application throughout the forecast period.
North American market is forecasted to generate the highest revenue in the year 2026, owing to its superior technological advancements and financial support with the health insurance policies by the government.
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Further key findings from the report suggest
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Segments covered in the report:
For the purpose of this report, Reports and Data have segmented the global cancer immunotherapy market on the basis of technology, application, end users, and region:
Technology Outlook (Revenue, USD Billion; 2016-2026)
Applications Outlook (Revenue, USD Billion; 2016-2026)
End Users Outlook (Revenue, USD Billion; 2016-2026)
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Regional Outlook (Revenue, USD Billion; 2016-2026)
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