Press release
Oncolytic Virotherapy Market: Segmentation Trends, Regional Opportunities, and Industry Growth Forecast to 2024-2031 - Amgen Inc., Shanghai Sunway Biotech Co., Ltd., TILT Biotherapeutics Ltd.
Oncolytic Virotherapy Market
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What is the projected growth rate (CAGR) of the Global Oncolytic Virotherapy market from 2024 to 2031, and what is the market value expected to change by 2031?
The Oncolytic Virotherapy Market is valued at a significant CAGR during the forecast period (2024-2031).
Oncolytic virotherapy is a type of cancer treatment that utilizes genetically modified viruses to target and destroy cancer cells. The viruses are designed to infect cancerous tissues, replicate within the tumor, and induce cell lysis, thereby shrinking or eliminating the tumor. This innovative treatment approach also stimulates the immune system to recognize and attack cancer cells. Oncolytic virotherapy is still in the experimental stage, with ongoing research into its safety, efficacy, and potential combination with other cancer therapies like immunotherapy. It represents a promising area of cancer research.
Key Developments:
❁ In December 2021, Bionaut Labs announced a strategic partnership with Candel Therapeutics, Inc. to investigate the use of Bionaut's remote-controlled microscale robots for the precision delivery of Candel's oncolytic viral immunotherapy agents to specific brain tumors. This collaboration aims to combine Bionaut's advanced micro-robotic technology with Candel's innovative oncolytic viruses, which are designed to target and destroy cancer cells. By utilizing the microscale robots, the partners seek to deliver these therapies directly and minimally invasively to brain tumors, offering a more targeted and effective treatment approach. The partnership holds promise for advancing brain cancer treatments with enhanced precision and fewer side effects.
List of the Key Players in the Oncolytic Virotherapy Market:
Amgen Inc., Shanghai Sunway Biotech Co., Ltd., TILT Biotherapeutics Ltd., Oncorus, Inc., Takara Bio Inc., Vyriad, Transgene SA, Lokon Pharma AB, Pfizer Inc., Roche., AstraZeneca.
Research Process:
Both primary and secondary data sources have been used in the global Oncolytic Virotherapy Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Oncolytic Virotherapy Market:
By Therapy Type: Adenoviruses-based Oncolytic Viruses, HSV-based Oncolytic Viruses, Others.
By Application: Severe Atrophy of Maxillary Bone, Melanoma, Prostate Cancer, the Breast Cancer, Ovarian Cancer, Lung Cancer, Others.
Regional Breakout:
The global Oncolytic Virotherapy Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
✫ North America (U.S., Canada, Mexico)
✫ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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This Report Unveils:
✔ Go to Market Strategy- A roadmap to successfully product launch or service in the target market.
✔ Gain a clear picture of the market's health and growth trajectory through neutral analysis.
✔ Deep Market Insights delve into development trends, competitor landscape, supply and demand dynamics, brand share & pricing analysis year-over-year growth patterns, and key players' performance.
✔ Upon request, we can provide customized reports focusing on specific regions or countries, offering a granular view of their markets.
✔ Identify high-potential niche segments and regions poised for significant expansion.
✔ Analysis of Market Size (historical and forecast) Total Addressable Market (TAM), Serviceable Available Market (SAM), and Serviceable Obtainable Market (SOM) to understand the market's overall size and your achievable market share.
✔ Gain a comprehensive understanding of the competitive landscape, including market share distribution, key players (innovators, startups, laggards, and pioneers), and their respective strengths and weaknesses.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Oncolytic Virotherapy manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Oncolytic Virotherapy in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the Oncolytic Virotherapy market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the Oncolytic Virotherapy market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
☞ What is the expected growth rate of the global Oncolytic Virotherapy market for the forecast period?
☞ What are the key driving factors that are responsible to shape the fate of the Oncolytic Virotherapy market during the forecast period?
☞ What will be the overall size of the market during the analysis period?
☞ What are the prominent market trends which influence the development of the Oncolytic Virotherapy market across various regions?
☞ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☞ What are the challenges and threats that are likely to act as a barrier to the growth of the Oncolytic Virotherapy market?
☞ What are the major opportunities that the companies can get to attain success in the world?
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2.1 Oncolytic Viruses towards Cancer
2.2 Approaches for Targeting Tumor Cells
2.2.1 Pro Apoptotic Targeting
2.2.2 Translational Targeting
2.2.3 Transcriptional Targeting
2.2.4 Transductional Targeting
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