Pharmaceuticals

Cancer Vaccines Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034

June 24, 2025 by Marketing Posting

Discover trends, market shifts, and competitive outlooks for the cancer vaccines industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

#What is the Projected CAGR for the Cancer Vaccines Market Size from 2025 to 2034?#_x000D_

There has been a rapid expansion in the size of the cancer vaccines market in the last few years. Its growth is projected to increase from $7.22 billion in 2024 to $8.25 billion in 2025, reflecting a compound annual growth rate (CAGR) of 14.3%. The surge in growth during the historical period is linked to factors such as an escalating occurrence of cancer, enhanced awareness about cancer vaccines, enlargement of the approved list of cancer vaccines, mounting evidence demonstrating the effectiveness of cancer vaccines, and government backing for research and development._x000D_

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The market size of cancer vaccines is anticipated to experience a significant surge in the upcoming years, expanding to a value of $13.89 billion in 2029 with an expected compound annual growth rate (CAGR) of 13.9%. This market expansion in the predicted timeline is ascribed to therapies that combine with cancer vaccines, greater pharmaceutical company investment, budding biomarkers, personalized vaccines, and the broadening of vaccination programs. Noteworthy trends projected for this period encompass advancements in immunology, auxiliary therapies, indication diversification, patient access, joint research initiatives, vaccines based on neoantigens, and therapeutic vaccines for cancer._x000D_

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#What External and Internal Drivers Are Contributing to the Growth of the Cancer Vaccines Market?#_x000D_

The anticipated increase in cancer occurrences worldwide is predicted to bolster the expansion of the cancer vaccines market during the projected period. As per the American Cancer Society’s reports in January 2022, the US is expected to witness about 1.9 million new cancer diagnoses and approximately 609,360 cancer-related deaths, nearly 1,670 deaths per day. The most prevalent types of cancer globally are lung, prostate, bowel, and female breast cancer, making up 43% of all fresh cancer diagnoses. Consequently, the ascending rate of cancer incidences worldwide is forecasted to stimulate the cancer vaccine market’s need in future years._x000D_

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#What Segment Types Define the Cancer Vaccines Market Structure?#_x000D_

The cancer vaccines market covered in this report is segmented –_x000D_

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1) By Type: Preventive Cancer Vaccines, Therapeutic Cancer Vaccines_x000D_

2) By Technology: Dendritic Cells (DC) Cancer Vaccines, Recombinant Cancer Vaccines, Antigen/Adjuvant Cancer Vaccines, Whole Cell Cancer Vaccines, Viral Vector & DNA Cancer Vaccines_x000D_

3) By Cancer Type: Prostate, Cervical, Colorectal, Throat, Other Cancer Types_x000D_

4) By End-User: Cancer Treatment Centers, Research Institutes_x000D_

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Subsegments:_x000D_

1) By Preventive Cancer Vaccines: HPV Vaccines, Hepatitis B Vaccines_x000D_

2) By Therapeutic Cancer Vaccines: Sipuleucel-T (Provenge), Talimogene Laherparepvec (T-VEC), Other Therapeutic Vaccines_x000D_

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#Which Geographic Areas Hold the Strongest Growth Potential in the Cancer Vaccines Market?#_x000D_

The countries covered in the cancer vaccines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada._x000D_

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#Which Emerging Trends that Are Influencing the Cancer Vaccines Industry Evolution?#_x000D_

The global inclination towards alternative therapies and natural cures is predicted to negatively impact the profits of companies producing cancer vaccines. Homeopathy, Ayurveda, yoga, acupuncture, and sujok therapy treatments are progressively becoming popular alternatives to some conventional hospital procedures. For example, Ayurveda, an age-old Indian medicinal system, employs a variety of strategies and therapies for cancer. As per the World Health Organization (WHO), certain countries still rely on herbal treatments as their primary source of medicine, and emerging countries are exploring the advantages of natural substances for healing, hence affecting the sale of cancer vaccines. Furthermore, the worldwide market for homeopathic products is expected to surge to $18.6 billion by 2027. This shift is anticipated to persist over the forecast duration, curtailing the demand for cancer vaccines._x000D_

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#What Is the Definition of the Cancer Vaccines Market?#_x000D_

Cancer vaccines refer to cancer-treatment vaccinations and medications that aid the body in illness prevention and cancer treatment. They have the power to teach the immune system to recognize and eliminate dangerous microbes and cells._x000D_

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