10-Aug-2021 | Market Research Store
Adjuvant Market by Types (Sarcoma, Breast Cancer, Hodgkin’s Lymphoma, Colorectal Cancer, Glioblastoma, Prostate Cancer, Lung Cancer, and Ovarian Cancer), By Application (Immunotherapy, Chemotherapy, Radiotherapy, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2021–2026” states that the global demand for the adjuvant market in 2020 was approximately USD 760.3 Million. The market is projected to grow at a CAGR of 11.1% and is projected to reach around USD 1,800.6 Million by 2026.
An adjuvant is an element used in several vaccines that helps creates a powerful immune response in a person getting the vaccine. Simply, adjuvant helps out vaccines works better. Adjuvant therapy includes targeted therapy, chemotherapy, radiation therapy, biological therapy, and hormone therapy. Many vaccines prepared from killed or damaged germs include natural adjuvant and help out the body generate a strong protective immune response. Adjuvant oncology care is a part of cancer treatments, that requires further cancer treatment after the achievement of the major treatment and its main aim is to lessen the threat of cancer. Sometimes adjuvanted vaccines can cause general reactions (such as swelling, redness, and pain at the site) and more systemic reactions (like fever and body aches) as compared to the non-adjuvanted vaccines.
The rising drive on research initiatives and efforts to discover more diseases that could be treated with adjuvant therapy is about to stimulate the adjuvant market growth in the forecast period. Moreover, the increasing case of cancer is the major growth driving the global market of adjuvant oncology treatment across the globe. Also, many positive initiatives are taken by the governments and insurance companies for paying the treatment cost of cancers that has provided a significant improvement to the adjuvant market.
North America and Europe are dominating the market growth of adjuvant. This is due to the high incidences of cancer in the two continents. According to World Health Organization (WHO), 75% of countries across the globe have reported having the availability of cancer treatment services which consist of subsidized chemotherapy, cancer surgery, and cancer department.
Also, Asia Pacific is developing in terms of market share. The rising economies of India and China with their huge populations are key growth drivers. Increasing cases of cancer and developing healthcare infrastructure along with the increase in medical tourism in the region have boosted the adjuvant market growth so far.
Some major manufacturers in the adjuvant market cover BMS, Biogen, Sanofi, AstraZeneca PLC, Eli Lilly Co., Pfizer, Inc, and Amgen, Inc. It studies the sales, revenues, market shares, and growth scenario of each player along with their key strategies.
For example, AstraZeneca is a Pharmaceutical and Biotechnology Company that has a portfolio of products for significant diseases in areas including cardiovascular, oncology, neuroscience, inflammation, respiratory, and gastrointestinal. In November 2020, Oxford–AstraZeneca announced the vaccine's successful trial, preventing 70% of people from developing symptoms.
Browse the full “Adjuvant Market by Types (Sarcoma, Breast Cancer, Hodgkin’s Lymphoma, Colorectal Cancer, Glioblastoma, Prostate Cancer, Lung Cancer, and Ovarian Cancer), By Application (Immunotherapy, Chemotherapy, Radiotherapy, and Others): Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026.” Report at https://www.marketresearchstore.com/market-insights/adjuvant-market-828612
This report segments the adjuvant market as follows:
Global Adjuvants Market: By Types
Global Adjuvants Market: By Application
Global Adjuvants Market: Regional Segmentation Analysis
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