Checkpoint Inhibitor Refractory Cancer Market is expected to reach US$ 112.43 billion by 2033

The global Checkpoint Inhibitor Refractory Cancer Market Sales is predicted to reach US$ 38.69 billion in 2023 and increase at a CAGR of 11.26% between 2023 and 2033, finally reaching approximately US$ 112.43 billion by 2033. This growth is being driven by rising demand for expanded indications of existing immunotherapies, including as checkpoint inhibitors such as PD-1/PD-L1, which provide a personalised strategy for reducing toxicity and improving efficacy.

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The efficiency of checkpoint inhibitors, together with the increased prevalence of cancer, has contributed significantly to the increase in market revenue. Technological advancements and developments are expected to accelerate market growth even more. Furthermore, an increase in R&D activities, the commercial success of novel medicines, an increase in the usage of approved checkpoint inhibitor pharmaceuticals in the 7MM, and an increase in the number of patients of various malignancies where checkpoint inhibitors are used are likely to raise the market's revenue share.

BerGenBio, OncoSec Medical, Mirati Therapeutics, CatalYm, and Checkmate Pharmaceuticals are among the companies looking into new drug therapy options for treating various types of Checkpoint Inhibitor Refractory Cancers. Pembrolizumab (KEYTRUDA) is experiencing a surge in demand due to its established efficacy in treating FDA-approved indications such as head and neck squamous cell cancer, non-small cell lung cancer, and melanoma. As a result, market participants are heavily spending in the development of these products, a trend that is expected to continue.

The growing global cancer burden is driving up the use of checkpoint inhibitors as first-line therapy for a wide range of malignancies. when a result, when cancer prevalence rises, so will the use of checkpoint inhibitors, fostering market expansion in the coming years.

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Key Takeaways from the Market Study

• By 2022, the global Checkpoint Inhibitor Refractory Cancer Market was estimated to be worth US$ 781.0 billion.
• From 2018 to 2022, market demand increased at a 5.5% CAGR.
• The Non-Small Cell Lung segment of the market accounts for the majority of the market with a 37% market share.
• The Hospital Pharmacies category dominated the market by End-User, accounting for 48.3% of the market.
• Checkpoint Inhibitor Refractory Cancer sales are predicted to grow at a CAGR of 11.26% between 2023 and 2033.
• The market for Checkpoint Inhibitor Refractory Cancer is anticipated to reach US$ 112.43 billion by 2033.

A rapid increase in the global prevalence of several cancers globally is one of the major factors that is expected to escalate the growth of the Checkpoint Inhibitor Refractory Cancer market in the forthcoming years, remarks an FMI analyst.

Competitive Landscape

Prominent players in the Checkpoint Inhibitor Refractory Cancer market are Bristol-Myers Squibb, AstraZeneca, Merck, Genentech/Hoffmann-La Roche, Regeneron Pharmaceuticals, Merck KGaA, Pfizer, Bristol-Myers Squibb, Janssen Research and Development, LLC., 4D pharma plc., 4SC AG, OncoSec Medical, Mirati Therapeutics, Ascentage Pharma Group, and ENB Therapeutics, Inc., among others.

Recent Developments:

• In January 2020, Merck & Co. acquired ArQule Inc., a company that develops therapeutics based on its proprietary Activated Checkpoint Therapy platform.
• In July 2019, Sanofi signed an agreement with Roche for the exclusive over-the-counter (OTC) rights to Tamiflu for the prevention and treatment of influenza or flu in the United States.

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Key Segments Covered in the Checkpoint Inhibitor Refractory Cancer Industry Analysis

Checkpoint Inhibitor Refractory Cancer Market by Type:

• PD-1 Inhibitors
• PD-L1 Inhibitors

Checkpoint Inhibitor Refractory Cancer Market by Application:

• Hodgkin Lymphoma
• Kidney Cancer
• Melanoma
• Non-Small Cell Lung Cancer
• Others

Checkpoint Inhibitor Refractory Cancer Market by End-User:

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies