The Global Oncolytic Virus Therapy Market was valued at USD 93.8 Million in 2019 and is expected to witness a growth of 25% from 2022-2028 and reach USD 571.4 Million by 2028.
Oncolytic Virus (OV) therapy is one of the promising and successful viral therapies used in the treatment of cancer patients. In treatment using OV therapy, the virus infects and breaks down cancer cells, making other therapies, such as chemotherapy, easier. Because the OV drug is injected directly into the tumor site, it is also called targeted therapy. The OV therapy market is in its very early stages as clinical trials are underway to make it useful for all types of cancer. It has been successful in treating melanoma, breast, prostate and several other cancers. Combining this OV therapy with other cancer treatment regimens has been the most effective because it helps reduce the harmful effects of other therapies.
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Market Segments
By Virus Type
- Oncolytic Wild Type Viruses
- Genetically Engineered Oncolytic Viruses
By Demography
- Adults
- Pediatric
Key Players
Some of the leading market players in the global oncolytic virus therapy market are Amgen Inc., Shanghai Sunway Biotech Co., Ltd., Oncolys BioPharma Inc., TILT Biotherapeutics Ltd., Oncorus, Inc., Takara Bio Inc., Vyriad, Transgene sa, Lokon Pharma AB, Pfizer Inc., and others.
Scope of the Report
The research study analyzes the global Oncolytic Virus Therapy industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Oncolytic Virus Therapy Market is available at: https://www.orionmarketreports.com/oncolytic-virus-therapy-2-market/73084/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Oncolytic Virus Therapy Market Report
1. What was the Oncolytic Virus Therapy Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Oncolytic Virus Therapy Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Oncolytic Virus Therapy Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Oncolytic Virus Therapy market.
- The market share of the global Oncolytic Virus Therapy market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Oncolytic Virus Therapy market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Oncolytic Virus Therapy market.
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