January 17, 2022
According to the research report titled ‘Cancer Vaccines Market, Pipeline Analysis Report 2020’, available with MarketStudyReport, cancer vaccines market is anticipated to exceed a valuation of USD 8.5 billion by the year 2025.
Rising number of cancer cases, surging prevalence of chronic diseases, increased investments & government funding towards developing cancer vaccines, and technological advancements in healthcare field are the major factors driving the cancer vaccine market expansion.
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For the unversed, cancer vaccines, which are considered biological response modifiers, play an important part in the immune system's maintenance. Through the development of antibodies, these cancer vaccines target infectious pathogens that may cause cancer.
As the number of COVID-19 cases increased, healthcare systems around the world turned their priority to controlling the disease spread, delaying the prevention, diagnosis, and treatment of other chronic disorders such as cancer. As a result, the cancer vaccine industry suffered a substantial loss.
However, due to the removal of restrictions, and the resumption of R&D activities and clinical trials for cancer vaccines, the market is likely to gain traction in the future years.
The research delves into the origins as well as the mechanisms of cancer vaccines, along with a detailed analysis of the top four marketed cancer vaccines, with data from 2015 to 2019 and predictions till 2025. The report provides a clear picture of funding in cancer vaccine research.
In addition, the paper looks into unique aspects of the regulatory landscape across various nations, such as the approval procedure and an overview of governing bodies in Europe, United States, and Japan.
The research finishes with profiles of the global cancer vaccines market's major players. These contenders are assessed based on a number of factors, including their overall business, vaccine portfolio, vaccine revenue analysis, and recent development.
Companies profiled in the report are Anixa Biosciences, Inc, Vaximm AG, DCprime B.V., CureVac N.V., EpiThany, Inc., Scancell Holdings plc, Treos Bio, Inc., Elios Therapeutics LLC, Immunetune, ViciniVax, Heat Biologics, Inc., EVOQ Therapeutics, Medigen, Inc., OncoPep, Inc., EuBiologics Co., Ltd., IO Biotech, Inc., Polynoma LLC, Flow Pharma, Inc., Enochian BioSciences, INOVIO Pharmaceuticals, Inc., OncBioMune Pharmaceuticals, Inc., Northwest Biotherapeutics, Inc., Moderna, Inc., GeoVax Labs, Inc., and Genocea Biosciences, Inc.