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North America has dominated the global cancer immunotherapy market and is expected to continue its leadership during the forecast period and is projected to hold 43.8% of the market share in 2024. This can be attributed to increasing demand for advanced treatment options and high adoption of new immunotherapies in the region. The U.S. accounts for the largest share mainly due to the strong presence of key market players and rising investments in R&D activities. Further, favorable reimbursement policies have encouraged patients to opt for immunotherapy.
Asia Pacific is recognized as the fastest growing regional market due to rising cancer patient population combined with growing healthcare expenditures in countries like China and India. Increasing awareness regarding cancer immunotherapy and establishment of manufacturing facilities by global leaders is also aiding regional expansion. China, in particular, poses high export potential owing to the presence of a well-defined regulatory framework and low-cost manufacturing advantage.
Cancer Immunotherapy Market Report Snapshots
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