Japan Cancer Vaccines Market

1. Japan Cancer Vaccines MarketSet to Exceed USD 1,470.4 Million by 2026 | CAGR: 17.8% “Japan Cancer Vaccines Market Share, Size, Trends, Industry Analysis Report, By Vaccine Type (Prevention Vaccines, Treatment Vaccines, Oncolytic Viruses); By Indication (Prostate Cancer, Cervical Cancer, Other); By Patient Type (Pediatric, Adult); Segments Forecast, 2020 - 2026”

2. Japan Cancer Vaccines Market Estimate & Forecast to 2026 The Japan Cancer Vaccines market size is expected to reach USD 1,470.4 Million by 2026 according to a new study by Polaris Market Research. The report “Japan Cancer Vaccines Market Share, Size, Trends, Industry Analysis Report By Type (Prevention Vaccines, Treatment Vaccines, Oncolytic Viruses); Indication (Prostate, Cervical, Others); By Patient Type (Pediatric, Adult); By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth. For several years now, Japan has been experiencing a boom in the incidence of cancer patients. Cancer is one of the major causes of death in Japan. As cancer prevention, the people in Japan mainly follow their traditional low-fat diet which has proven to be effective however, there are certain limitation to this as high salt in the Japanese diet can act as a potential risk for development of stomach cancer. Though Japanese government is promoting various new ways of prevention and treatment of the disease, implementation of cancer vaccines in the healthcare regime is a must and it is necessary for the government to take steps towards usage of these vaccines in Japan. The primary factor driving the growth of this market in Japan is the growing rate of prevalence of incidence. According to the National Cancer Registry system, in 2016, around 995,132 new patients were diagnosed with cancer of which 566,575 were men and 428,499 were women. Each year, about 10,000 Japanese women are newly diagnosed with the disease while 3,000 die from it. With growing number of patients there is a rising need for a preventive measure that could help stabilize the increasing rate of incidence. Furthermore, growing government initiatives to generate awareness amongst people, and increasing research and development activities are also fueling the growth of this market in Japan.

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4. Japan Cancer Vaccines Market Estimate & Forecast to 2026 For instance, in January 2018 the University of Tokyo signed an agreement with the Kanagawa Cancer Center in Yokohama and BrightPath Biotherapeutics for development of a personalized cancer vaccine using a novel method involving the body’s immune response. Furthermore, in February 2018, Japanese Patent Office issued a decision to grant a patent covering the use of cancer vaccine technology for the treatment of a range of cancers in humans and animals. Such initiatives and research activities are with an aim of improving the cancer vaccine product line in the Japanese market and thus, fuel the growth of this regional segment. Access Research Report On Japan Cancer Vaccines Market Furthermore, many companies are conducting clinical trials to develop and launch innovative vaccines that could help the cancer patients. Companies such as Cytlimic, Aduro Biotech, OncolysBioPharma, and Otsuka are some of them who have initiated many projects focusing on enhancing their cancer vaccine product line. These initiatives have attracted international funding and thus has created significant growth opportunities for established and emerging players in the global and Japanese cancer vaccines market. The key players in the market include AduroBioTech, Inc., Astellas Pharma, Inc., Bristol-Myers Squibb, tella, Inc., OncolysBioPharma Inc., CYTLIMIC, Takeda Pharamceutical, and Takara Bio among others.

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