PD-1 and PD-L1 Inhibitors Market: Overview
Programmed cell death 1 (PD-1) and programmed cell death ligand 1 (PD-L1) axis acts as one of the most prominent immune checkpoints responsible for reduced antitumor immune responses. These immune checkpoint proteins have been of profound interest to researchers as these are found to prolong tumor cell survival. Hence, oncologists consider PD-1 and PD-L1 inhibitors bear potential in improving antitumor immunity. The drive for PD-1 and PD-L1 inhibitors market is thus making strides on the back of healthcare industry relentlessly focused on improving immuno-oncology therapy.
More than a thousand of clinical trials over the years have been made on inhibiting PD-1/PD-L1 interaction for numerous cancer types. Search for valuable therapeutic target has centered chiefly on developing antibodies that target PD-1 and PD-L1.
Notable cancer types that are seeing surge in investments in the PD-1 and PD-L1 inhibitors market relate to finding better immuno-oncology therapies for melanoma, nonsmall cell lung cancer (NSCLC), colorectal cancer, head and neck cancer, and renal cell cancer. The focus on optimizing anticancer potential has led to more than one FDA-approved PD-L1 inhibitors, broadening the potential in the PD-1 and PD-L1 inhibitors market.
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PD-1 and PD-L1 Inhibitors Market: Key Trends
Search for Effacious Therapeutic Targets
Industry investments on improving the efficacy of T cell-based immunotherapies in oncology kindle industry interest in PD-1 and PD-L1 inhibitors market. The need for better therapeutic targets that can be used alongside monotherapies such as immuno-oncology combinational therapy (IOT) is spurring investments. Immune-related adverse events associated with IOT have led to $300 000 in per quality adjusted life year, as published in an article in the Journal of Managed Care & Specialty Pharmacy.
Need to Reduce Mortality of Advanced or Metastatic Cancer
Per an estimate in Global cancer statistics 2018: GLOBOCAN, more than 9.56 million dry from various cancers every year. Interactions between PD-1 and its ligand PD-L1 have been a key mechanism for tumors to progress, disseminate, and metastasize, eventually reducing the survival rates in cancer patients world over. Thus, PD-1 and PD-L1 inhibitors market has seen special interest in developing the efficacy as well as safety of anti-PD-1/PD-L1 inhibitors in advanced or metastatic cancer.
PD-L-1 Prominently Lucrative Segment
Rapid rise in FDA approval of PD-L1 inhibitors have brought this as a highly lucrative segment in the PD-1 and PD-L1 inhibitors market. Further, vast range of scientific literature pertaining to assessing the value of PD-L-1 in prognosis and patients’ survival also offers undercurrent to industry interest.
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PD-1 and PD-L1 Inhibitors Market: Competitive Analysis and Key Developments
Efficacy of PD-1/PD-L1 Inhibitors in Solid Tumors Shaping Competitive Contours
In recent years, a number of PD-1 and PD-L1 inhibitors are licensed by the U.S. FDA to treat a variety of cancers. Key antibodies in focus for proponents of PD-1 and PD-L1 inhibitors market are nivolumab, pembrolizumab, atezolizumab, avelumab, and durvalumab. A number of phase II/III trials of atezolizumab, durvalumab, and avelumab are in progress, opening new ways of upregulation of PD-L1 expression. This will expand the overall revenue potential in the PD-1 and PD-L1 inhibitors market. Oncologists are fervently studying mechanisms by which PD-L1 are upregulated as a means of developing valuable therapeutic targets for melanoma, ovarian, lung, and renal carcinomas.
A growing number of phase 2 trial, phase 3 trial, and randomized trials have been conducted on efficacy and toxicity of PD-1/PD-L1 inhibitors in solid tumors, especially the role of PD-L1 ligands.
Studies Galore on Improving Immunotherapies
A recent study (February 2020) across numerous Universities in China looked at trial-level meta-analysis of the development of these inhibitors in advanced solid tumors. Another similar study looked at the role of several immune checkpoint inhibitors (ICIs) in homeostasis and eliminating of tumor cells. The focus was to minimize the adverse events (AEs) associated with immunotherapies involving anti-PD-1/PD-L1 inhibitors.
PD-1 and PD-L1 Inhibitors Market: Regional Analysis
Some of the prominent lucrative geographic markets are North America and Asia. The healthcare industry has seen plethora of oncology studies by researchers in the U.S., a number of which are focused on developing long-term response of anticancer therapy. Another trend that cements the attractiveness of the North America PD-1/PD-L1 inhibitors market. Focus on reducing the mortality of solid and hematopoietic cancers in Asia has also spurred the generation of new revenue channels.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.