South Africa Cancer Immunotherapy Market Size & Outlook

The cancer immunotherapy market in South Africa is expected to reach a projected revenue of US$ 684.2 million by 2030. A compound annual growth rate of 7.6% is expected of South Africa cancer immunotherapy market from 2024 to 2030.

Revenue, 2023 (US$M)
$409.6
Forecast, 2030 (US$M)
$684.2
CAGR, 2024 - 2030
7.6%
Report Coverage
South Africa

South Africa cancer immunotherapy market highlights

  • The South Africa cancer immunotherapy market generated a revenue of USD 409.6 million in 2023 and is expected to reach USD 684.2 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
  • In terms of segment, monoclonal antibodies was the largest revenue generating product in 2023.
  • Oncolytic Viral Therapies and Cancer Vaccines is the most lucrative product segment registering the fastest growth during the forecast period.


Cancer immunotherapy market data book summary

Market revenue in 2023USD 409.6 million
Market revenue in 2030USD 684.2 million
Growth rate7.6% (CAGR from 2023 to 2030)
Largest segmentMonoclonal antibodies
Fastest growing segmentOncolytic Viral Therapies and Cancer Vaccines
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMonoclonal Antibodies, Check Point Inhibitors, Oncolytic Viral Therapies and Cancer Vaccines
Key market players worldwidePfizer Inc, AstraZeneca PLC, Merck & Co Inc, Roche Holding AG, Bristol-Myers Squibb Co, Novartis AG ADR, Eli Lilly and Co, Johnson & Johnson, Immunocore Holdings PLC ADR


Other key industry trends

  • In terms of revenue, South Africa accounted for 0.3% of the global cancer immunotherapy market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Middle East & Africa, Saudi Arabia cancer immunotherapy market is projected to lead the regional market in terms of revenue in 2030.
  • Kuwait is the fastest growing regional market in Middle East & Africa and is projected to reach USD 103.7 million by 2030.

Monoclonal antibodies was the largest segment with a revenue share of 66.55% in 2023. Horizon Databook has segmented the South Africa cancer immunotherapy market based on monoclonal antibodies, check point inhibitors, oncolytic viral therapies and cancer vaccines covering the revenue growth of each sub-segment from 2018 to 2030.


Advancements in cancer immunotherapy indicate a possibility of significantly lowering the cancer burden in South Africa. Among all cancer type, immunotherapy has worked best in the treatment of advanced melanoma and lung cancer. Nearly, 1 out of every 3 diagnosed cancer is melanoma.


Furthermore, it is estimated that 70% of all cancer cases will occur in developing countries by 2030. The alarming rise in cancer incidence rates has provoked global collaboration on cancer drugs and other therapies. For instance, the European Society of Medical Oncology held a summit in Cape Town, South Africa in March 2018 to discuss advancements in cancer treatment.


The introduction of immunotherapy has aided in saving 1 out of every 4 melanoma patients. Although the usage of immunotherapy is minimal as compared to chemotherapy, radiotherapy, and surgery, we anticipate immunotherapy to emerge as the leading treatment strategy for cancer over the next few years.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Cancer Immunotherapy Market Scope

Cancer immunotherapy market segmentation & scope
Monoclonal Antibodies
Check Point Inhibitors
Oncolytic Viral Therapies and Cancer Vaccines
Lung Cancer
Breast Cancer
Colorectal Cancer
Melanoma
Prostate Cancer
Head and Neck Cancer
Ovarian Cancer
Pancreatic Cancer
Other Applications
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Hospitals and Clinics
Cancer Research Centers
Other End users

Cancer Immunotherapy Market Companies

Name Profile # Employees HQ Website

South Africa cancer immunotherapy market size, by product, 2018-2030 (US$M)

South Africa Cancer Immunotherapy Market Outlook Share, 2023 & 2030 (US$M)

South Africa cancer immunotherapy market size, by product, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more