Pharmaceutical Industry Today
Intratumoral Cancer Therapies Market Insights, Share, Trends and Report 2023-2030
Report Overview
The Global Intratumoral Cancer Therapies Market reached US$ YY million in 2022 and is expected to reach US$ YY million by 2030, growing at a high CAGR during the forecast period 2023-2030.
Intratumoral immunotherapy represents a promising therapeutic strategy that harnesses the tumor itself as a potential vaccine against the disease. This approach offers several advantages, primarily involving the direct injection of therapeutic agents into the tumor site, thus directly addressing local immune barriers that hinder the body's natural response to the tumor.
Furthermore, this method can also be employed to target not only the primary tumor but also any tumors located in close anatomical proximity, with the aim of achieving immediate effects within the tumor microenvironment. Various types of intratumoral therapies exist, encompassing cytokines, pathogen-associated molecular patterns (PAMPs), oncolytic viruses, cancer gene therapy, monoclonal antibodies, and small molecules, each with its own unique mechanism and application in treating cancer.
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Market Dynamics
The global Intratumoral Cancer Therapies market is anticipated to experience growth driven by increasing market developments during the forecast period. Notably, in January 2023, AstraZeneca, a UK-based biopharmaceutical company, successfully acquired Neogene Therapeutics Inc. for $120 million. This strategic acquisition is expected to open new avenues for AstraZeneca in the field of cancer treatment.
In addition to AstraZeneca's move, in 2022, Regeneron completed the acquisition of Checkmate Pharmaceutical, a clinical-stage biopharmaceutical company, and its investigational immune activator designed for potential use across multiple tumor types.
Furthermore, factors such as growing awareness, rising cancer cases, and ongoing research activities are also poised to contribute to the global market's growth during the forecast period.
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Market Segmentation
By Technology
- Monoclonal Antibodies
- Vaccines
- Checkpoint Inhibitors
- Cell Therapies
- Immunes System Modulator
- Adoptive Cell Transfer
- Cytokines
By Cancer Type
- Lung Cancer
- Breast Cancer
- Malenoma
- Prostate Cancer
- Head and Neck Cancer
- Other Applications
By End User
- Hospital
- Cancer Research Centres
Market Key Players
Major players are Hoffmann-La Roche, Pfizer, Bristol-Myers Squibb, Boehringer Ingelheim GmbH, Sanofi, Daiichi Sankyo, AstraZeneca, Immunocore, Ltd, Merck and Co. Inc. and Biogen Inc.
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