Market revenue in 2023 | USD 3,319.0 million |
Market revenue in 2030 | USD 6,410.1 million |
Growth rate | 9.9% (CAGR from 2023 to 2030) |
Largest segment | Monoclonal antibodies |
Fastest growing segment | Oncolytic Viral Therapies and Cancer Vaccines |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Monoclonal Antibodies, Check Point Inhibitors, Oncolytic Viral Therapies and Cancer Vaccines |
Key market players worldwide | Pfizer 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 |
Monoclonal antibodies was the largest segment with a revenue share of 65.83% in 2023. Horizon Databook has segmented the Spain 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.
The program focused on nascent and emerging immunotherapeutic approaches, scientific advancements, ongoing clinical trials, opportunity analysis, methodology to reduce & mitigate adverse effects caused due to cancer treatment, and multidisciplinary approaches for optimal application of immunotherapy for treatment of cancer.
Earlier, Spain had hosted the European Society for Medical Oncology (ESMO) Congress in October2019. The forum discussions threw light on advanced cancer diagnosis, cancer vaccines, cellular therapies, and RNA therapy.
Cancer R&D of new drugs has been rapidly increasing in Spain and we anticipate the country to demonstrate healthy growth over the forecast period. Several players are entering the cancer immunotherapy market in Spain. For instance, Oryzon Genomics is investigating a combination of its epigenetic drug with chemotherapy in lung cancer.
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