India immune oncology drugs market

India Immuno-Oncology Drugs Market, by Drug Type (Immune Checkpoint Inhibitors (Nivolumab, Atezolimumab, Pembrolizumab, Durvalumab), Monoclonal Antibodies (Rituximab, Trastazumab, Bevacizumab , Nimotuzumab, Pertuzumab, Ado-Trastuzumab Emtansine ), and Cancer Vaccines (Gardasil, Cervarix), by Cancer Type (Lung Cancer, Blood Cancer, Breast Cancer, Ovarian Cancer, Cervical Cancer, Colorectal Cancer, Stomach Cancer, Head & Neck Cancer, and Others), and by Distribution Channel (Online Pharmacies, Retail Pharmacies, and Hospital Pharmacies) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

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Aug 2023
CMI2631
162 Pages
Excel & Pdf
Pharmaceutical

Summary

Immuno-oncology is an advanced approach to cancer treatment through encouragement of immune system. Immune checkpoint inhibitors is the most well-established immune-oncology agent, which has exceptional success results overall multiple malignancies, with many approvals.

There are still many challenges in managing the toxicities and ensuring that healthcare systems in oncology, even if the immuno-oncology agents are changing the quality for life with cancer rapidly.

Moreover, development of immune-oncology drugs covers a wide range of agents such as proteins, adjuvants, peptides, antibodies, bi-specific molecules, and cellular therapies.

India immuno-oncology drugs market is estimated to be valued at US$ 265 Mn in 2021 and is expected to exhibit a CAGR of 13.1% during the forecast period (2021 -2028).

Figure 1. India Immuno-Oncology Drugs Market (US$ Mn), By Drug Type, 2021

Figure 1.1. India Immuno-Oncology Drugs Market (US$ Mn), By Drug Type, 2028

India Immuno-Oncology Drugs Market Report Coverage

Report Coverage	Details
Base Year:	2020	Market Size in 2021:	US$ 265 Mn
Historical Data for:	2017 to 2020	Forecast Period:	2021 to 2028
Forecast Period 2021 to 2028 CAGR:	13.1%	2028 Value Projection:	US$ 550 Mn
Geographies covered:	India
Segments covered:	By Drug Type: Immune Checkpoint Inhibitors (Nivolumab, Atezolimumab, Pembrolizumab, Durvalumab), Monoclonal Antibodies (Rituximab, Trastazumab, Bevacizumab, Nimotuzumab, Pertuzumab, Ado-Trastuzumab Emtansine), Cancer Vaccines (Gardasil, Cervarix) By Cancer Type: Lung Cancer, Blood Cancer, Breast Cancer, Ovarian Cancer, Cervical Cancer, Colorectal Cancer, Stomach Cancer, Head & Neck Cancer, Others By Distribution Channel: Online Pharmacies, Retail Pharmacies, Hospital Pharmacies
Companies covered:	Amgen Inc., F. Hoffmann-La Roche AG., Intas Pharmaceuticals Ltd., AstraZeneca plc, Mylan N.V., Dr. Reddy's Laboratories, Bristol - Myers Squibb, Merck & Co., Inc., BIOCAD-Biotechnology company, Reliance Life Sciences, Biocon Limited, and Hetero Drugs Limited
Growth Drivers:	Rising incidence of cancer Introduction of novel immuno-oncology therapies with lesser side effects
Restraints & Challenges:	High cost of immuno-oncology therapies
Opportunities:	Increasing government engagement to increase cancer diagnosis

Figure 2. India Immuno-Oncology Drugs Market (US$ Mn), By Cancer Type, 2021

Figure 2.1. India Immuno-Oncology Drugs Market (US$ Mn), By Cancer Type, 2028

The increasing developments and product launches are expected to drive the market growth over the forecast period.

For instance, researchers from Tata Centre for Technology and Design, IIT Bombay, are currently working on developing indigenous CAR T-cell therapy, affordable to cancer patients in the India.

India Immuno-Oncology Drugs Market – Impact of Coronavirus (Covid-19) Pandemic

The coronavirus (COVID-19) pandemic is the most recent outbreak, which was first reported on December 31, 2019, in Wuhan, China. The shutdown disrupted the supply, distribution, and manufacturing of medical supplies globally. Moreover due to social distancing, footfall in clinics and health institutions was observed which has led to a decrease in the number of surgical procedures, clinical trials, research and development activities, and others, which has negatively impacted the market growth.

As stated by National Cancer Institute, bacteria and viruses have potential role in development of cancer. Nearly 1 in 4 cases of cancer are infectious by virus in developed countries and 1 in 10 cases in undeveloped countries.

Being at high risk of COVID-19, the cancer patients are at highest risk from COVID-19 infection, such as utilization of ICU and invasive ventilation in comparison to non-cancer COVID-19 patients.

India Immuno-Oncology Drugs Market: Restraint

High cost of immuno-oncology therapies makes it unaffordable for population in the low- and middle-income class to opt for these therapies, which is expected to restrain growth of the market. For instance, Keytruda (Pembrolizumab), a monoclonal antibody used for the treatment of various types of cancer costs around US$ 2,250 for a vial of 50 mg.

Moreover, according to the World Health Organization (WHO), in February 2018, around 70% of deaths from cancer occur in low and middle-income countries. This can be attributed to high prices of oncology therapies, which cannot be afforded by patients with low income.

Key Players

Major players operating in the India immuno-oncology drugs market include Amgen Inc., F. Hoffmann-La Roche AG., Intas Pharmaceuticals Ltd., AstraZeneca plc, Mylan N.V., Dr. Reddy's Laboratories, Bristol - Myers Squibb, Merck & Co., Inc., BIOCAD-Biotechnology company, Reliance Life Sciences, Biocon Limited, and Hetero Drugs Limited.

Table of Content

*Browse 5 market data tables and 20 figures on "India Immuno-Oncology Drugs Market” – India forecast to 2028

Segmentation

Detailed Segmentation:

India Immuno-Oncology Drugs Market, Drug Type:
- Immune Checkpoint Inhibitors
  - Nivolumab
  - Atezolimumab
  - Pembrolizumab
  - Durvalumab
- Monoclonal Antibodies
  - Rituximab
  - Trastazumab
  - Bevacizumab
  - Nimotuzumab
  - Pertuzumab
  - Ado-Trastuzumab Emtansine
- Cancer Vaccines
  - Gardasil
  - Cervarix
India Immuno-Oncology Drugs Market, Cancer Type:
- Lung cancer
- Blood cancer
- Breast cancer
- Ovarian cancer
- Cervical cancer
- Colorectal cancer
- Stomach cancer
- Head & Neck cancer
- Others
India Immuno-Oncology Drugs Market, Distribution Channel:
- Online Pharmacies
- Retail Pharmacies
- Hospital Pharmacies

- Frequently Asked Questions -

What is the current market size and compound annual growth rate (CAGR) of the India immuno-oncology drugs market during the forecast period (2021-2028)?

India immuno-oncology drugs market is estimated to be valued at US$ 265 million in 2021 and is expected to exhibit a CAGR of 13.1% over the forecast period (2021-2028).

What are the major factors driving the market?

The rising incidence of cancer, introduction of novel immuno-oncology therapies with lesser side effects, and increasing government engagement to increase cancer diagnosis are the major factors, which are expected to drive the market growth over the forecast period.

Which is the leading Drug Type segment in the market?

Immune checkpoint inhibitors segment is expected to hold a major market share over the forecast period.

What are the key factors hampering growth of the market?

Major factor hampering growth of the market include high cost of immuno-oncology therapies.

Which are the major players operating in the market?

Major players operating in the market include Amgen Inc., F. Hoffmann-La Roche AG., Intas Pharmaceuticals Ltd., AstraZeneca plc, Mylan N.V., Dr. Reddy's Laboratories, Bristol - Myers Squibb, Merck & Co., Inc., BIOCAD-Biotechnology Company, Reliance Life Sciences, Biocon Limited, and Hetero Drugs Limited.