Immunotherapy Drugs Market

According to a report from WHO in 2015, approximately 50%
of people treated with cancer in the U.K. are over the age of 60.
Obesity, change in lifestyle, smoking, and eating habits are other
important factors which are increasing the number of cancer
patients. People are favoring toward cancer treatments with
lesser side effects. This factor is likely to propel the growth of
the global immunotherapy drugs market in the next few years, as
immunotherapy drugs are found to have lesser side effects as
compared to other treatments.
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Market:
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Rise in opportunities in developing markets and immunotherapy
as a substitute to chemotherapy for first line treatment are
drivers which are expected to propel the growth of the market.
In addition, quicker drug approval process and high prevalence
rate of lifestyle diseases are projected to drive the market growth
during the forecast period. However, high cost of
immunotherapy devices, overall costly treatments, and lack of
awareness about immunotherapy drugs and techniques are
estimated to restrain the growth of the global immunotherapy
drugs market in the near future.