Stairlifts Market: Foresees Skyrocketing Growth in the Coming Years Immune Checkpoint Inhibitors Market

Immune Checkpoint Inhibitors Market - Size,
Share, Growth, Outlook, and Opportunity
Analysis, 2018-2026
Immune checkpoint inhibitor products come under biologic therapeutic products. Biologic
manufacturers require similar kind of approvals such as drugs from the U.S. Food & Drug
Administration prior to bringing the product into market. However, unlike drugs, biologics require
Biologics License Applications (BLA) to be filed with the Center for Biologics Evaluation and
Research (CBER). Initiatives undertaken by the governments include funding is expected to drive
growth of the immune checkpoint inhibitors market. For instance, in 2017, National Institutes of Health
partnered with 11 leading biopharmaceutical companies such as AbbVie and Amgen, Inc. to
accelerate development of new immunotherapies.
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Market Dynamics
Global Immune checkpoint inhibitors market is driven by factors such as increasing prevalence of
cancer, active research and development by leading manufacturers through collaborations and
individual research, and robust pipeline of immune checkpoint inhibitor combination therapies.
According to World Health Organization (WHO), cancer is one of the major non-communicable
diseases and the second-leading cause of death worldwide. According to International Agency for
Research on Cancer (IARC) in 2012, there were around 14.1 million new cases, around 8.8 million
deaths, and around 32.6 million of people sufering from cancer worldwide. There are many
immune checkpoint inhibitors combination therapies in the pipeline. Immune checkpoint
inhibitors has proven clinical profle and increasing approvals to include more indication for
existing drugs such as Nivolumab, which in turn is expected to boost global immune checkpoint
inhibitors market growth over the forecast period.
Active research and development by leading players as well as small innovative
organizations are expected to boost growth of the immune checkpoint inhibitors
market