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What Future CAGR is Anticipated for the Immuno-Oncology Drugs Market Over the 2025–2034 Period?

The immuno-oncology drugs market has grown rapidly in recent years. It will grow from $94.16 billion in 2025 to $106.92 billion in 2025, at a CAGR of 13.6%. Factors contributing to this growth include an increase in cancer cases, strong economic growth in emerging markets, rising healthcare expenditure, and greater pharmaceutical R&D spending.

The immuno-oncology drugs market is expected to see significant growth, reaching $153.16 billion by 2029, with a CAGR of 9.4%. This is due to growing investments in immuno-oncology, the focus on immunotherapy for cancer, and product innovations. Trends include the development of personalized oncology drugs, next-gen biologics, antibody-drug conjugates, AI-driven solutions, immune-oncology combination therapies, and CAR-T therapies.

Which Macro and Microeconomic Factors Are Accelerating the Growth of the immuno-oncology drugs Market?

The increase in global cancer cases is expected to fuel the growth of the immuno-oncology drugs market. According to the American Cancer Society, an estimated 1.9 million new cancer diagnoses were projected for 2022 in the U.S., with lung, prostate, bowel, and breast cancers being the most common. This growing incidence is expected to drive demand for immuno-oncology drugs.

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Who Are the Influential Players Fueling Innovation and Growth in the Immuno-Oncology Drugs Market?

Major companies operating in the immuno-oncology drugs market include:

• F. Hoffmann-La Roche Ltd._x000D_

• Merck & Co._x000D_

• Bristol-Myers Squibb Company_x000D_

• Amgen Inc_x000D_

• Johnson & Johnson_x000D_

What Impact Are Industry Trends Having on the Immuno-Oncology Drugs Market’s Future Prospects?

Strategic collaborations are helping to accelerate the development of immuno-oncology drugs. In March 2023, BioNTech SE partnered with OncoC4 Inc. to co-develop the anti-CTLA-4 monoclonal antibody, ONC-392, to improve cancer treatment options for solid tumors.

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What Are the Key Components of the Immuno-Oncology Drugs Market, and How Do Its Segments Perform?

The immuno-oncology drugs market covered in this report is segmented –

1) By Type: Immune Checkpoint Inhibitors, Immune System Modulators, Other Monoclonal Antibodies, Cancer Vaccines, Others

2) By Therapeutic Application: Melanoma, Lung Cancer, Blood Cancer, Renal Cell Carcinoma, Bladder Cancer, Other Therapeutic Application

3) By End-Users: Hospitals, Clinics, Ambulatory Surgical Centers, Others

Subsegments:

1) By Immune Checkpoint Inhibitors: PD-1 Inhibitors, PD-L1 Inhibitors, CTLA-4 Inhibitors

2) By Immune System Modulators: Cytokines, Interferons, Colony-Stimulating Factors

3) By Other Monoclonal Antibodies: Targeted Monoclonal Antibodies, Bispecific Antibodies

4) By Cancer Vaccines: Preventive Cancer Vaccines, Therapeutic Cancer Vaccines

5) By Others: Adoptive Cell Transfer Therapies, Oncolytic Virus Therapies

What Regions Are Leading the Growth Trajectory of the Immuno-Oncology Drugs Market?

North America was the largest region in the immuno-oncology drugs market in 2025. The regions covered in the immuno-oncology drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Are the Defining Aspects of the Immuno-Oncology Drugs Market Landscape?

Immuno-oncology drugs refer to a therapy or cancer treatment that employs drugs to either boost or suppress the immune system in order to aid the body’s defenses against cancer, infection, and other disorders. It makes use of chemicals produced by the body or in a lab to strengthen the immune system and assist the body in locating and eliminating cancer cells.

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