PUBLISHER: The Business Research Company | PRODUCT CODE: 1712681
PUBLISHER: The Business Research Company | PRODUCT CODE: 1712681
Cancer biologics encompass substances derived from living organisms or their byproducts, utilized in the prevention, detection, or treatment of cancer and related disorders. These agents include immunoglobulins, interleukins, and vaccines among others. Biological therapy, a cancer treatment method, harnesses the body's immune system to combat cancer cells effectively.
The primary categories of cancer biologics consist of monoclonal antibodies, vaccines, cell and gene therapy, and other specialized therapies. Monoclonal antibodies, developed through cloning a single white blood cell, originate from a singular parent cell and have widespread application in various cancer types such as non-small cell lung cancer, prostate cancer, breast cancer, acute myeloid leukemia, lymphoma, multiple myeloma, ovarian cancer, colorectal cancer, gastric cancer, and more. These biologics are distributed through diverse channels including hospitals, clinics, and other healthcare facilities to aid in cancer treatment and care.
The cancer biologics market research report is one of a series of new reports from The Business Research Company that provides cancer biologics market statistics, including cancer biologics industry global market size, regional shares, competitors with a cancer biologics market share, detailed cancer biologics market segments, market trends and opportunities, and any further data you may need to thrive in the cancer biologics industry. This cancer biologics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The cancer biologics market size has grown rapidly in recent years. It will grow from $106.2 billion in 2024 to $117.03 billion in 2025 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to the rising incidence of cancer, increasing awareness of cancer biologics, improved efficacy and safety of cancer biologics, approval of new cancer biologics, and growing acceptance of combination therapy.
The cancer biologics market size is expected to see strong growth in the next few years. It will grow to $168.75 billion in 2029 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to expanding indications, combination therapies, real-world evidence, gene and cell therapies. Major trends in the forecast period include advances in biotechnology, personalized cancer biologics, biobetters, biosimilars, patient support services, and companion diagnostics.
The increasing prevalence of chronic diseases is a significant factor propelling the growth of the cancer biologics market. Chronic disorders are long-lasting diseases that negatively impact the health of individuals, and cancer is among the most prevalent chronic diseases. Common types of cancer include breast cancer, lung and bronchus cancer, prostate cancer, colon and rectum cancer, melanoma of the skin, bladder cancer, non-Hodgkin lymphoma, kidney and renal pelvis cancer, endometrial cancer, leukemia, pancreatic cancer, thyroid cancer, and liver cancer. For example, in February 2024, reports from the Centers for Disease Control and Prevention (CDC), a U.S.-based public health agency, indicated that an increasing number of Americans are managing multiple chronic conditions, with 42% facing two or more, and 12% dealing with five or more. As a result, the growing prevalence of chronic diseases is expected to significantly contribute to the growth of the cancer biologics market in the coming years.
The upsurge in investments directed towards cancer research is predicted to act as a catalyst in driving the expansion of the cancer biologics market. Investments in cancer research denote financial backing channeled towards scientific endeavors aimed at comprehensively understanding, preventing, diagnosing, and treating cancer. Heightened funding in this domain empowers pharmaceutical and biotechnology entities to delve into pioneering discoveries, rigorous testing, and development of novel cancer biologics, including drug target identification and potential candidate synthesis. For instance, in March 2022, the Australian-based government agency, the Department of Health and Aged Care, allocated $893.5 million to bolster cancer services and outcomes. Part of this investment, around $329.4 million, supports the introduction of new cancer medications like Trodelvy, Lynparza, and Mylotarg, designed for various cancer types, benefiting a substantial number of patients annually. Consequently, increased investment in cancer research is expected to propel the growth of the cancer biologics market moving forward.
Entities within the cancer biologics market are actively engaged in developing predictive biomarkers, aiding physicians in treatment decisions by leveraging physiological indicators for performance prediction. Predictive biomarkers meticulously examine tumor growth in patients by scrutinizing major causative factors, given the distinct etiology of cancer among individuals. These biomarkers serve not only in early cancer detection but also in determining the most cost-effective treatment approaches, especially concerning biologics rooted in gene therapy.
Major players in the cancer biologics market are intensively focused on crafting cancer biosimilars, exemplified by ONTRUZAN, to secure a competitive edge. ONTRUZAN, a biosimilar drug, is specifically formulated to address various cancer forms, encompassing breast and gastric cancer treatments. In November 2022, Organon, a Canada-based women's health firm, launched ONTRUZAN, a Herceptin biosimilar, broadening the therapeutic options for Canadian adults confronting early breast cancer (EBC), metastatic breast cancer (MBC), and metastatic gastric cancer (MGC). This strategic inclusion of biosimilars into breast and gastric cancer treatments aims to expand access to cost-effective medications, thereby fostering avenues for continual reinvestment in healthcare system innovations.
In November 2022, Biocon Biologics Ltd., an esteemed biopharmaceutical company based in India, successfully acquired the global biosimilars business situated in North America from Viatris Inc., a prominent global pharmaceutical and healthcare corporation. The specific financial details of the transaction remain undisclosed. This strategic acquisition represents Biocon's strategic move to strengthen its position within the global biosimilars market, enabling the company to provide comprehensive end-to-end solutions to a wide spectrum of patients and customers worldwide. Viatris Inc., recognized as a US-based global pharmaceutical and healthcare corporation, has specialized expertise in cancer biologics, and this acquisition is expected to augment Biocon's capabilities and further its reach in the biosimilars domain, reinforcing its commitment to advancing healthcare solutions across the globe.
Major companies operating in the cancer biologics market include AbbVie Inc., F. Hoffmann-La Roche AG, GlaxoSmithKline plc, Eli Lilly and Company, AmgenInc., Bristol-Myers Squibb Company, Johnson & Johnson, Merck & Co.Inc., Novartis AG, Pfizer Inc., Celgene Corporation, Daiichi Sankyo Company Ltd., Seagen Inc., Takeda Pharmaceutical Company Limited, Biogen Inc., Vertex Pharmaceuticals Incorporated, Incyte Corporation, Karyopharm Therapeutics Inc., Kyowa Kirin Co Ltd., Ipsen Biopharmaceuticals Inc., Bayer AG, Biocon Limited, Genentech Inc., Gilead Sciences Inc., Puma Biotechnology, Regeneron Pharmaceuticals Inc.
North America was the largest region in the cancer biologics market in 2024. The Middle East is expected to be the fastest growing region in the global cancer biologics market share during the forecast period. The regions covered in the cancer biologics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the cancer biologics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The cancer biologics market consists of sales of cancer vaccines, cytokine therapy, and angiogenesis inhibitors. Values in this market are factory gate values which are the values of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Cancer biologics Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on cancer biologics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for cancer biologics ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cancer biologics market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.