Dendritic Cell Cancer Vaccines Market

Global Dendritic Cell Cancer Vaccines Market Size (2024 to 2029)

As per the report, the size of the global dendritic cell cancer vaccines market is forecasted to grow at a robust CAGR of 12.09% from 2024 to 2029.

Current Scenario Of The Dendritic Cell Cancer Vaccines Market

Human tumors express several protein antigens that can be recognized by T cells; thus, they provide potential targets for cancer therapy. Dendritic cells are rare leukocytes that are uniquely potent in their ability to present antigens to the T cells; according to WHO, around 9.6 million people died in 2018. Also, about 300000 cases were detected in children aged 0 – 19 years. The isolated dendritic cells are loaded with tumor antigens ex vivo. They are administrated as a cellular vaccine and have been found to induce protective and therapeutic anti-tumor immunity during the experiment. Cancer vaccine is a market that researchers and patients have highly valued since it leads to a high survival rate and fewer possibilities of cancer recurrence; consequently, the inclusion of dendritic cells into cancer vaccine is predicted to enhance further vaccine functioning mechanisms against different sorts of cancers.

MARKET DRIVERS

The growing incidence of cancer across the world and raising funds for the development of new vaccine-related diseases from public and private organizations is majorly promoting the global dendritic cell cancer vaccines market growth.

The allogeneic dendritic cells are used to create a vaccine for COVID-19. Ongoing research on the development of vaccines to cure tumor cells is escalating the demand in the market. Increasing disposable income in developed and developing countries are levelling up the growth rate of the market.Current and new technological platforms to develop novel cancer vaccine variations are propelling the global dendritic cell cancer vaccine market growth.

Many studies have shown dendritic cells have the potential ability in combinational therapies to restrict cancer growth. The growth of the dendritic cell cancer vaccine market is expected to be fuelled by increased investments in research & development and excellent clinical trial findings. Owing to a lucrative development in the pipeline, the global dendritic cell vaccine market has managed to catch the attention of numerous important investors and stakeholders. Furthermore, the Partnerships in the regional market that have recently taken place, such as clinical trial collaborations and research collaborations, have aided the global dendritic cell cancer vaccines market expansion.

The rising adoption of personalized medicine, growing support from the governments for the R&D of dendritic cell cancer vaccines and increasing awareness among healthcare providers and patients regarding the potential benefits of cancer immunotherapy boost the growth rate of the segment. In addition, the favorable regulatory environment for dendritic cell cancer vaccines, the growing number of investments by the market participants for the development of new and advanced dendritic cell cancer vaccines, rising healthcare expenditure and the growing aging population worldwide drive the market growth. Furthermore, rising awareness about the benefits of immunotherapy, including dendritic cell cancer vaccines, and the growing adoption of combination therapies fuel the market’s growth rate.

MARKET RESTRAINTS

The growth of the global dendritic cell cancer vaccine market is progressively diminishing due to a lack of understanding of using vaccinations in various forms. The government's strict restrictions and restrictions are also limiting the market for dendritic cell vaccines. The market's development pace is also being slowed by a scarcity of experienced personnel at research institutes.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Dendritic Cell Cancer Vaccines Market Analysis By Product Type

The Sipuleucel-T (Provenge) segment accounted for the largest market share of the dendritic cell cancer vaccines market in 2022 and is expected to grow at a healthy CAGR during the forecast period. The drug sipuleucel-T has been authorized for use in males with metastatic prostate cancer. As it grows in popularity During the projection period, Sipuleucel-T is expected to increase its market share. Melanoma, prostate cancer, and other cancers are treated with it. The FDA gave it its approval nearly seven years ago. As it is, the market leader continues to its growth during the forecast period.During the forecast period the creavax segment is anticipated to grow at a healthy CAGR during the forecast period. The segmental growth is driven by the rising adoption of personalized immunotherapy treatments for cancer.

Global Dendritic Cell Cancer Vaccines Market Analysis By End-User

The adult segment had the largest share of the worldwide market in 2022 and is expected to grow at a promising CAGR during the forecast period. The segmental growth is majorly driven by the growing prevalence of cancer among adults, rising demand for immunotherapy-based treatments and the development of new vaccines, such as those targeting solid tumors.

REGIONAL ANALYSIS

North America had the largest share of the worldwide market in 2023 and is estimated to play a leading role in the worldwide market throughout the forecast period. The growth of the North American market is majorly driven by the high incidence of cancer, increasing healthcare expenditure, and the presence of key players in the region. The rising demand for immunotherapy-based treatments is another major factor fuelling the regional market growth. The U.S. accounted for a notable share of the North American market in 2022 and is estimated to grow at a noteworthy CAGR during the forecast period owing to the growing cancer patient population and the presence of favorable reimbursement policies.

Europe was the second biggest regional market worldwide market in 2022 and is expected to grow at a notable CAGR during the forecast period. Factors such as the increasing incidence of cancer, the presence of key players, and favorable reimbursement policies drive the regional market growth. The UK occupied the major share of the worldwide market in 2022. Germany is estimated to showcase a healthy CAGR during the forecast period.

Asia-Pacific is expected to grow at the highest CAGR in the worldwide market during the forecast period. The rising incidence of cancer, increasing demand for innovative treatments, the presence of a large patient population, a large number of clinical trials for dendritic cell cancer vaccines majorly propel the APAC market growth. Japan and China accounted for the major share of the APAC market in 2023.

Latin America and MEA continue to lag and will remain the least attractive markets all through the forecast period.

KEY PLAYERS IN THE GLOBAL DENDRITIC CELL CANCER VACCINES MARKET

Some of the promising companies operating in the global dendritic cell cancer vaccines market profiled in the report are 3M Company, Activarti, Argos Therapeutics, Batavia Bioservices, Bellicum Pharmaceuticals, Creagene, DanDrit Biotech, DCPrime, Sanpower Corporation, Elios Therapeutics, ImmunoCellular Therapeutics, Immunicum, Kiromic, Medigene, and Merck & Co.

RECENT HAPPENINGS IN THE MARKET

• In May 2020, Lineage Cell Therapeutics Inc. developed a vaccine for COVID–19 with the help of allogeneic dendritic cells.
• In June 2020, NW Biotherapeutics Inc. developed DCVax personalized immune therapy for solid tumors (glioblastoma brain cancer). It has entered the III phase of the clinical trial. 
• In May 2020, OSE Immunotherapeutic announced that new preclinical data identified a novel myeloid immune checkpoint target for cancer immunotherapy.

DETAILED SEGMENTATION OF THE GLOBAL DENDRITIC CELL CANCER VACCINES MARKET INCLUDED IN THIS REPORT

This market research report on the global dendritic cell cancer vaccines market has been segmented based on the product type, end-user, and region.

By Product Type

• CreaVax
• Sipuleucel-T (Provenge)

By End User

• Pediatrics
• Adults

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa