Oncolytic Virus Therapy Industry Trends 2022: Market Size & Growth Forecast

According to recent findings, the Global Oncolytic Virus Therapy Market is projected to grow at a CAGR of around 20.3% during the forecast period i.e. 2022-27.

At MarkNtel Advisors, we continuously monitor and analyze industry trends to provide reliable insights that support informed decision-making and the key factors contributing to the market's promising outlook.

Oncolytic Virus Therapy Overview:

The market is driven primarily by the mounting prevalence of cancer worldwide and the surging number of clinical trials & R&D investments for cancer therapies.

Moreover, the burgeoning focus of the governments in both developed & emerging countries on reducing mortality & morbidity rates by conducting various awareness campaigns toward encouraging people to opt for early diagnosis has increased the patient pool of oncolytic virus therapies. Hence, in the coming years, the global market is projected to significantly grow and create lucrative growth opportunities for the leading players in the market.

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Oncolytic Virus Therapy Outlook and Driver :

• Increasing technological advancements in cancer treatments & the development of new therapies

• Growing adoption of advanced therapeutic options & rising cancer cases

• Research & Development initiatives & investments by healthcare providers.

Global Oncolytic Virus Therapy Segmentation Analysis:

By Therapy

• IMLYGIC (Talimogene Laherparepvec)- Market Size & Forecast 2020-2030, USD Million

• Oncorine- Market Size & Forecast 2020-2030, USD Million

• RIGVIR Immunotherapy- Market Size & Forecast 2020-2030, USD Million

• Onyx-15- Market Size & Forecast 2020-2030, USD Million

• Reolysin- Market Size & Forecast 2020-2030, USD Million   

By Application

• Solid Tumor- Market Size & Forecast 2020-2030, USD Million

  • Breast Cancer- Market Size & Forecast 2020-2030, USD Million

  • Prostate Cancer- Market Size & Forecast 2020-2030, USD Million

  • Lung Cancer- Market Size & Forecast 2020-2030, USD Million

  • Glioblastoma/Glioblastoma Multiforme- Market Size & Forecast 2020-2030, USD Million

• Melanoma- Market Size & Forecast 2020-2030, USD Million

• Hematological Malignancies- Market Size & Forecast 2020-2030, USD Million

  • Lymphoma- Market Size & Forecast 2020-2030, USD Million

  • Leukemia- Market Size & Forecast 2020-2030, USD Million

  • Myeloma- Market Size & Forecast 2020-2030, USD Million

According to reports, Melanoma is anticipated to dominate the Global Oncolytic Virus Therapy Market in the coming years.

By Type of Virus

• Genetically Engineered Oncolytic Virus- Market Size & Forecast 2020-2030, USD Million

  • Herpes Simplex Virus(HSV)- Market Size & Forecast 2020-2030, USD Million

  • Adenovirus- Market Size & Forecast 2020-2030, USD Million

  • Vaccinia Virus- Market Size & Forecast 2020-2030, USD Million

• Oncolytic Wild Type of Viruses- Market Size & Forecast 2020-2030, USD Million

  • Myxoma- Market Size & Forecast 2020-2030, USD Million

  • Vesicular Stomatitis Virus (VSV)- Market Size & Forecast 2020-2030, USD Million

  • Newcastle Disease Virus (NDV)- Market Size & Forecast 2020-2030, USD Million

  • Reovirus (Respiratory Enteric Orphan Virus)- Market Size & Forecast 2020-2030, USD Million

By End User

• Hospitals- Market Size & Forecast 2020-2030, USD Million

• Clinics- Market Size & Forecast 2020-2030, USD Million

• Patients- Market Size & Forecast 2020-2030, USD Million

• Cancer Research Institutes- Market Size & Forecast 2020-2030, USD Million

By Region

• North America

• South America

• Europe

• Middle East and Africa

• Asia-Pacific.

According to reports, North America is projected to attain the largest market share during 2022-27, mainly due to its extensive & superior healthcare infrastructure, coupled with improvised reimbursement policies across various countries. 

For deeper insights into the market, explore the summary of the research report – https://www.marknteladvisors.com/research-library/oncolytic-virus-therapy-market.html

Some of the Market players in the Global Oncolytic Virus Therapy are:

• Amgen Inc.

• Daiichi Sankyo Company Limited

• DNAtrix

• Genelux Corporation

• Oncolytics Biotech Inc.

• PsiOxus Therapeutics

• RIGVIR Ltd.

• Shanghai Sunway Biotech Co. Ltd.

• SillaJen Inc.

• Sorrento Therapeutics Inc.

• Takara Bio Inc.

• Lokon Pharma AB

• VCN Biosciences

• ViroCure Inc.

• Viralytics Ltd. (Merck & Co. Inc.)

• 
  

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Key Highlights of the Report – Unlock Valuable Market Insights

• Market Size, Share & Future Projections – Understand the current market dimensions and forecasted growth trajectory.

• In-Depth Pricing Analysis – Get clarity on pricing trends and cost structures across segments.

• Company Strategies & Developments – Discover recent mergers, acquisitions, partnerships, and innovations.

• Key Stakeholders & Value Chain Insights – Identify the main players and their roles within the industry ecosystem.

• Import & Export Dynamics – Analyze global trade flows, regional export trends, and supply chain movements.

• Competitive Benchmarking – Gain a clear view of the leading companies and their market positioning.

• Emerging Growth Opportunities – Spot untapped areas and niche markets for potential investment.

• Market Trends & Growth Drivers – Stay ahead with insights into evolving consumer behavior and industry indicators.

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design

• Collect data through surveys and interviews

• Analyze and validate data using reliable tools

• Forecast trends and deliver actionable insights

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