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North America Cancer Vaccines Market (2020 - 2025)

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The North America Cancer Vaccines Market was valued at USD XX million in 2016. Considering the historical trend and possible future developments, the market is projected to reach a value of USD XX million by 2022, with a CAGR of XX% over the forecast period of 2017-2022.

Cancer vaccines are biological preparations that stimulate or strengthen a person's immune system against cancer. Cancer vaccines are usually administered intravenously. They can be used for both adults and children. The vaccines can be broadly classified into prophylactic and therapeutic vaccines. Prophylactic vaccines are used for the prevention of cancer, whereas therapeutic vaccines are used for treatment of the disease.

Drivers

According to National Cancer Institute, the new cancer cases diagnosed in 2016 was estimated to be 1,685,210 cases. The mortality rate has decreased in the US, due to early diagnosis and treatment. The increased diagnosis and treatment is considered to propel the North American cancer vaccine market.

Restraints

Compare to the cancer pharmaceutical market the cancer vaccine market is considered to be relatively small. The regulation related to pre and post-marketing approvals are more stringent and hence the development of the market has remained limited. The stringent regulatory procedure is considered as the barrier to the growth of the cancer vaccine market.

Market Segmentation

This market has been segmented based on technology as subunit vaccines, live attenuated vaccines, conjugate vaccines, inactivated vaccines, recombinant vector vaccines, synthetic vaccines and others. Based on treatment method they are classified as preventive vaccines and therapeutic vaccines. The market is segmented based on the application as cervical cancer, prostate cancer, liver cancer and others. Based on type of population as adult and pediatric. Since this is a North American market, based on geography, the market is segmented into the US, Canada and Mexico.

Some of the key players in this market include –

Astellas Pharma Inc., Astrazeneca Plc., Glaxosmithkline Plc., Merck & Co., Inc., Pfizer Inc., Prima BioMed, Sanofi Pasteur and others.

Key Deliverables

  • Market analysis for the North American Cancer Vaccines market, with region specific assessments and competition analysis.
  • Market definition along with the identification of key drivers, restraints opportunities and challenges.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
  • Extensively researched competitive landscape section with company profiles of key players with the analysis of their current strategic interests and key financial information.
  • Identification and analysis of the macro and micro factors that affect the North American Cancer Vaccines.
  • Insights of the market in the regions that have the highest potential for growth and also identify the markets that are still untapped.

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