Growth of the peptide-based cancer therapeutics market will remain influenced by novel peptide-based procedure developments, along with growing momentum of personalized peptide vaccines. Improved outcomes in cancer-affected patients post-peptide-based therapeutics is another key growth determinant for the peptide based cancer therapeutics market. These insights are according to a recent study incorporated in XploreMR’s comprehensive repository, which envisages the peptide-based cancer therapeutics market to record a high single-digit CAGR between the forecast period 2018 and 2022.
The report states that with the developments in preclinical success, modifications, stability, and delivery, future growth prospects of peptide based cancer therapeutics are likely to be bullish. New peptides are witnessing entrance in clinical trials dedicated to cancer treatment. Peptide based cancer therapeutics has emerged as one of the most effective treatment method for cancer-affected patients in recent years. Incessant medical research activities apropos of peptide based cancer therapeutics have presented greater results compared to traditionally employed treatment measures for cancer.
Peptide Based Cancer Therapeutics Market: Growth Driven by Growing Cancer Prevalence
The World Health Organization (WHO) has ranked cancer as second-leading cause of mortality worldwide, with nearly 70% deaths occurring in middle- and low-income countries. Between 30 to 50% cancer incidences are currently being prevented by implementing available evidence-based strategies. Peptide-based pharmaceuticals have experienced a renaissance in light of their ability to bridge the gap between two major types of drugs, biologics and small molecules.
For mid- and late-stage cancer treatment, several novel peptide-based procedures have been developed, ranging from peptide-based vaccines, nanomaterials, & drug conjugates, to naturally-occurring & modified peptides. Personalized peptide vaccines are comparatively more effective than peptides recognized by T-cells of cancer-affected patients in evoking immediate, tumor-specific immune responses, thereby gaining traction in peptide-based cancer therapeutics market.
Future growth of the market will be influenced by current advancements in bioinformatics and genomics that have facilitated development of neo-antigens-derived personalized peptide vaccine generation, and deemed safe in clinical trials. Additionally, combination therapies, which utilizing peptide vaccines and checkpoint inhibitors, are likely to improve patient outcomes and response rates in the near future. Although high cost of peptide production prevails as a key growth deterrent for the market, recent advancements in pharmaceutical preparations, along with recombinant technology have alleviated aided in alleviating the concern to a certain extent.
Scrutinized Analysis on Peptide Based Cancer Therapeutics Market
The report offers scrutinized analysis on the peptide based cancer therapeutics market. Accurate forecasts have been rendered on the peptide based cancer therapeutics market for the period (2017-2022). This report is an authentic information source that contains most recent data on imperative dynamics affecting growth of the peptide based cancer therapeutics market. Intelligence on product innovation, and technological advancements & development made in peptide based cancer therapeutics has been incorporated in the report.
Analysis on latest industry trends and potent markets where demand for peptide based cancer therapeutics has gained or is likely to gained traction has also been included in the report. An all-inclusive study on the peptide based cancer therapeutics market is delivered in this report, which will enable clients in devising strategic business plans to remain competitive in the market. The report further helps readers to gain better understanding on the peptide based cancer therapeutics market, while propounding evaluations on the competition intensity attractiveness.