The global cancer immunotherapy drug discovery outsourcing market is expected to reach USD 2562.58 million by 2030, at a CAGR of 11.27% from 2022 to 2030. The rising alcohol and tobacco consumption and prolonged sun exposure have contributed to the growing number of cancer patients. The unhealthy lifestyle has increased the number of obese populations, who are often more vulnerable to cancer. The growing geriatric population significantly contributes to the rising number of cancer patients, given that their immunity wanes with age. The rise in government healthcare expenditure to make treatments accessible and affordable for the citizenry will also aid in the growth of the cancer immunotherapy drug discovery outsourcing market. The increased emphasis on research and development in molecular biology by private and public players will provide lucrative opportunities in the cancer immunotherapy drug discovery outsourcing market during the forecast period.
Cancer is a broad category of disease that is the second leading cause of death globally. Cancer is the multiplication of abnormal cells. These cells form, divide and multiply very rapidly and invade the tissue/organs of the body. They can be slow or aggressive depending on the type and size of abnormal cells. There are different types of cancer, including breast, prostate, basal cell, melanoma, colon, and lung cancer, among many others. Melanoma is the most severe type of cancer. Various treatments in the market can help minimize or eradicate the tumor in some cases. One such treatment is cancer immunotherapy. Cancer immunotherapy equips the immune system to fight against cancer cells. It is a biological form of treatment. The drugs used in this treatment are often developed on a contractual basis with a clinical research organization. These institutions specialize in drug development and often provide these services at a reduced cost than when done in-house by market players.
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The increasing trend of a lifestyle with no physical exercise & unhealthy diet has led to an increase in the number of individuals suffering from cancer. The growing consumption of processed food & beverages with increased sugar content has contributed to the growing pool of cancer patients. The growing geriatric population has contributed to the rising pool of cancer patients. Increasing alcohol and tobacco consumption has also contributed significantly to the growing number of patients. Exposure to UV rays and harmful pollutants also increases the risk of skin cancer and lung cancer, respectively. Various treatments are deployed to treat the ever-increasing number of patients suffering from cancer, which will drive the global cancer immunotherapy drug discovery outsourcing market. The increased awareness about cancer causes, symptoms, and treatments, including the new immunotherapy and drugs, will also contribute to the growing market.
Extensive capital is utilized in developing drugs and treatments used to treat cancers. Market players use the latest technologies and innovations to improve the efficacy and safety of drugs, therapies, and treatments. Such technologies are expensive, making treatments costly. The extensive and multiple stages of trials and regulatory approvals further add to the costs of the company. The high costs of cancer immunotherapy drug discovery outsourcing treatments will hamper the market's growth.
With the increased demand for cancer treatments, major players are increasingly investing in developing better diagnostics, drugs, devices, technology, and treatment options. The growing awareness about cancer immunotherapy drug discovery outsourcing has opened new avenues for market players. The establishment of contract research organizations to provide enhanced services at lower costs and more expertise has opened new avenues for the market players. The increase in government funding to develop better public healthcare infrastructure has contributed to increased research in the public healthcare industry for better treatment options. Major market players are collaborating and partnering to develop advanced technology and diagnosis for cancer immunotherapy drug discovery outsourcing to capture a significant market in emerging economies. Other such developments and advancements in the cancer immunotherapy drug discovery outsourcing market will make the industry competitive and help it become more efficient, providing the necessary impetus to its growth and lucrative opportunities for the market players.
The innovations in cancer immunotherapy drug discovery outsourcing treatments are tested thoroughly via different methods before they are approved for clinical cases at hospitals and clinics. Even after positive trial results, the treatments must be approved by relevant authorities. The authorities maintain high compliance and accountability standards to safeguard the target audience's interests and save them from any ill effects of such treatments or drugs. The scrutiny that the market players must go through is time-consuming. The market players lose valuable time in the approval process, which is sometimes delayed due to administrative difficulties. The time lost leads to capital losses for market players as the window to earn supernormal profits and cover the heavy costs incurred for research and development is gone. Therefore, extensive regulatory compliance checks can challenge the growth of the market.
The global cancer immunotherapy drug discovery outsourcing market has been segmented based on drug type, cancer type, service type, and region.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region emerged as the largest market for the global cancer immunotherapy drug discovery outsourcing market, with a 39.60% share of the market revenue in 2021.
North America region Cancer Immunotherapy Drug Discovery Outsourcing Market Share in 2021 - 39.60%
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The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global cancer immunotherapy drug discovery outsourcing industry.
LabCorp, a significant testing laboratories company that operates one of the largest clinical laboratory networks in the world, acquired OmniSeq. Omniseq is based in the USA and specializes in cancer diagnostics and treatment. The acquisition announced in 2021 will facilitate market expansion for LabCorp in the cancer immunotherapy drug discovery outsourcing market.
As per The Brainy Insights, the size of the cancer immunotherapy drug discovery outsourcing market was valued at USD 980.11 million in 2021 to USD 2562.58 million by 2030.
The global cancer immunotherapy drug discovery outsourcing market is growing at a CAGR of 11.27% during the forecast period 2022-2030.
The global cancer immunotherapy drug discovery outsourcing market has been segmented based on drug type, cancer type, service type, and region. The monoclonal antibodies segment led the market in 2021.
The North American region emerged as the largest market for cancer immunotherapy drug discovery outsourcing.
The increase will influence the market's growth in the number of cancer patients.
Cancer immunotherapy drug discovery outsourcing is expensive, which could hamper market growth.
Increased technological advancements, scientific breakthroughs, research, and development will provide huge opportunities to the market.
Key players are Aquila BioMedical, Celentyx Ltd., Covance Inc., Crown Bioscience Inc., DiscoveRx Corporation, Explicyte, GenScript Biotech Corporation, HD Biosciences Inc., Horizon Discovery Group PLC, and ImmunXperts SA.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Drug Type
4.3.2. Market Attractiveness Analysis by Cancer Type
4.3.3. Market Attractiveness Analysis by Service Type
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increase in number of cancer patients
5.3. Restraints
5.3.1. Cancer immunotherapy drug discovery outsourcing is expensive
5.4. Opportunities
5.4.1. Increased technological advancements, scientific breakthroughs, research and development
5.5. Challenges
5.5.1. Stringent government regulations
6. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Analysis and Forecast, By Drug Type
6.1. Segment Overview
6.2. Immunomodulators
6.3. Oncolytic Viral Therapies and Cancer Vaccines
6.4. Monoclonal Antibodies
6.5. Others
7. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Analysis and Forecast, By Cancer Type
7.1. Segment Overview
7.2. Breast
7.3. Melanoma
7.4. Prostate
7.5. Lung
7.6. Head & Neck
7.7. Colorectal
7.8. Ovarian
7.9. Pancreatic
8. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Analysis and Forecast, By Service Type
8.1. Segment Overview
8.2. Cell-Base Assays
8.3. Target Identification and Validation
8.4. Lead Screening and Characterization
9. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Cancer Immunotherapy Drug Discovery Outsourcing Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Cancer Immunotherapy Drug Discovery Outsourcing Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Aquila BioMedical
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Celentyx Ltd.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Covance Inc.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Crown Bioscience Inc.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. DiscoverRx Corporation
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Explicyte
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. GenScript Biotech Corporation
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. HD Biosciences Inc.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Horizon Discovery Group PLC
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. ImmunXperts SA
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
2. Global Immunomodulators Others Chemotherapy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
3. Global Oncolytic Viral Therapies and Cancer Vaccines Others Chemotherapy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
4. Global Monoclonal Antibodies Others Chemotherapy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
5. Global Others Chemotherapy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
6. Global Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
7. Global Breast Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
8. Global Melanoma Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
9. Global Prostate Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
10. Global Lung Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
11. Global Head & Neck Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
12. Global Colorectal Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
13. Global Ovarian Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
14. Global Pancreatic Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
15. Global Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
16. Global Cell-Base Assays Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
17. Global Target Identification and Validation Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
18. Global Lead Screening and Characterization Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
19. Global Cancer Immunotherapy Drug Discovery Outsourcing Market, By Region, 2019-2030 (USD Million)
20. North America Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
21. North America Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
22. North America Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
23. U.S. Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
24. U.S. Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
25. U.S. Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
26. Canada Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
27. Canada Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
28. Canada Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
29. Mexico Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
30. Mexico Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
31. Mexico Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
32. Europe Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
33. Europe Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
34. Europe Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
35. Germany Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
36. Germany Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
37. Germany Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
38. France Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
39. France Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
40. France Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
41. U.K. Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
42. U.K. Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
43. U.K. Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
44. Italy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
45. Italy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
46. Italy Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
47. Spain Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
48. Spain Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
49. Spain Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
50. Asia Pacific Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
51. Asia Pacific Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
52. Asia Pacific Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
53. Japan Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
54. Japan Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
55. Japan Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
56. China Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
57. China Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
58. China Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
59. India Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
60. India Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
61. India Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
62. South America Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
63. South America Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
64. South America Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
65. Brazil Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
66. Brazil Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
67. Brazil Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
68. Middle East and Africa Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
69. Middle East and Africa Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
70. Middle East and Africa Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
71. UAE Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
72. UAE Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
73. UAE Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
74. South Africa Cancer Immunotherapy Drug Discovery Outsourcing Market, By Drug Type, 2019-2030 (USD Million)
75. South Africa Cancer Immunotherapy Drug Discovery Outsourcing Market, By Cancer Type, 2019-2030 (USD Million)
76. South Africa Cancer Immunotherapy Drug Discovery Outsourcing Market, By Service Type, 2019-2030 (USD Million)
List of Figures
1. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Segmentation
2. Cancer Immunotherapy Drug Discovery Outsourcing Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Attractiveness Analysis by Drug Type
9. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Attractiveness Analysis by Cancer Type
10. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Attractiveness Analysis by Service Type
11. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Attractiveness Analysis by Region
12. Global Cancer Immunotherapy Drug Discovery Outsourcing Market: Dynamics
13. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Share by Drug Type (2022 & 2030)
14. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Share by Cancer Type (2022 & 2030)
15. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Share by Service Type (2022 & 2030)
16. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Share by Regions (2022 & 2030)
17. Global Cancer Immunotherapy Drug Discovery Outsourcing Market Share by Company (2021)
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global cancer immunotherapy drug discovery outsourcing market based on below mentioned segments:
Global Cancer Immunotherapy Drug Discovery Outsourcing Market by Drug Type:
Global Cancer Immunotherapy Drug Discovery Outsourcing Market by Cancer Type:
Global Cancer Immunotherapy Drug Discovery Outsourcing Market by Service Type:
Global Cancer Immunotherapy Drug Discovery Outsourcing Market by Region:
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