(PharmaNewsWire.Com, September 14, 2017 ) Latin America Checkpoint Inhibitors Industry was worth USD 850 million in 2016 and is expected to reach USD 3060 million by 2021 with a CAGR of 29.2%.
Immune system uses checkpoints to avoid the over activation of immune system on normal cells. Cancer cells uses these checkpoints to escape immune system by arraying with normal cells. Checkpoint inhibitors are drugs which blocks these normal cells and let immune system attack cancer cells. This is one of the treatment available in Immunotherapy.
Some of the factors like rising prevalence of cancer, and increasing funding and government support towards developing new drugs are driving the growth of the market. However, high expense involved in R&D activities is one of the major factors restricting the growth of the market.
Latin America Checkpoint Inhibitors Market is segmented based on Drug type and Application. Based on Drug type, market is segmented into PD-1 inhibitors, PD-L1 inhibitors, CTLA-4, Chimeric Antigen Receptor T-cell, others. Based on Application, market is segmented into Lung cancer, Renal cancer, Blood cancer, Bladder Cancer, Hodgkin lymphoma, Melanoma, Others. CTLA-4 Segment holds the highest share accounting for almost 94 % of the overall market. However, this segment is expected to lose some of its market to PD-1 inhibitors segment during the forecast period as majority of new treatments is based on PD-1 inhibitors.
Geographically, market is further segmented into Brazil, Argentina and Mexico. Latin America is expected to show significant growth during the forecast period owing to the presence of developing countries like Brazil and increasing investments in R&D Activities
Some of the key players in the Latin America checkpoint inhibitors market are Merck & Co., Inc., Bristol-Myers Squibb, Roche, AstraZeneca, Ono Pharmaceutical Co., Ltd., Juno Therapeutics, Novartis International AG, and Kite Pharma.
Market Segmentation
1) Drug Type Introduction PD-1 inhibitors PD-L1 inhibitors CTLA-4 Chimeric Antigen Receptor T-cell Others Y-o-Y Growth Analysis, By Drug Type Market Attractiveness Analysis, By Drug Type Market Share Analysis, By Drug Type
2) Application Introduction Lung cancer Renal cancer Blood cancer Bladder Cancer Hodgkin lymphoma Melanoma Others Y-o-Y Growth Analysis, By Application Market Attractiveness Analysis, By Application Market Share Analysis, By Application
Reasons to buy Latin America Checkpoint Inhibitors Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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