Global Immuno-Oncology (IO) Market Size & Trends Report Segmented by Therapy Type (CAR-T Cell, Cancer Vaccines, Bispecific Antibodies, mAbs), Cancer Type (Lung, Breast, Colorectal, Melanoma), End User (Hospitals, Specialty Clinics) & Regional Forecast to 2030
The global immuno-oncology market is set to witness a growth rate of 21% in the next 5 years. Increasing incidence and prevalence of cancer, advancements in immunotherapy and personalized medicine, favorable regulatory support and approvals, growing investment in cancer immunotherapy R&D, and expanding applications beyond traditional indications are some of the key factors driving the immuno-oncology market. To learn more about the research report, download a sample report.
Report Overview
Immuno-oncology is a rapidly evolving field of cancer treatment that harnesses the body's immune system to recognize, attack, and eliminate cancer cells. Unlike conventional therapies like chemotherapy and radiation, which directly target tumors, immuno-oncology therapies enhance the immune response against cancer. Key approaches include immune checkpoint inhibitors like PD-1/PD-L1 inhibitors, CAR-T cell therapy, bispecific antibodies, and cancer vaccines. These therapies have revolutionized cancer care by offering durable responses and improved survival in various malignancies. Ongoing research focuses on enhancing efficacy, overcoming resistance, and expanding applications to more cancer types through combination strategies and personalized medicine approaches.
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Increasing incidence and prevalence of cancer to propel market demand
The rising global incidence and prevalence of cancer are major drivers of the immuno-oncology market. With cancer being a leading cause of death worldwide, the demand for advanced, effective treatments is growing. . According to the WHO In 2022, there were an estimated 20 million new cancer cases and 9.7 million deaths, and the cancer cases are expected to increase significantly due to aging populations, lifestyle changes, and environmental factors. And, over 35 million new cancer cases are predicted in 2050, a 77% increase from the estimated in 2022 The increasing cases of lung, colorectal, breast, and prostate cancers necessitate innovative therapies like immune checkpoint inhibitors, CAR-T cell therapies, and cancer vaccines. Additionally, aging populations and lifestyle factors, such as smoking and obesity, contribute to higher cancer rates, further driving market expansion. As a result, pharmaceutical companies are investing heavily in immuno-oncology research to develop novel, targeted therapies that improve patient outcomes and survival rates.
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Advancements in Immuno-Oncology Products: Emerging Therapies and Future Opportunities
The immuno-oncology field is advancing rapidly, with recent FDA approvals of bispecific T-cell engagers (BiTEs) and renewed interest in cancer vaccines, particularly mRNA-based therapies. Cell therapies, including CAR-T, are expanding into new indications and earlier treatment lines, such as non-Hodgkin’s lymphoma (NHL). Bispecific antibodies offer a promising approach by combining T-cell redirection with checkpoint modulation, potentially overcoming T-cell exhaustion. Additionally, dual-targeting immune checkpoint inhibitors (ICIs) may enhance efficacy over traditional combinations. Innovations in modifying the tumor microenvironment to counteract resistance present significant opportunities for the immuno-oncology market, driving new therapeutic strategies and improved patient outcomes.
Competitive Landscape Analysis
The global immuno-oncology market is marked by the presence of established and emerging market players such as Bristol-Myers Squibb Company, Novartis AG, F. Hoffmann-La Roche Ltd, Gilead Sciences, Inc., AstraZeneca, Sanofi, Moderna, Inc., GSK plc, AbbVie Inc., and Merck & Co., Inc.; among others. Some of the key strategies adopted by market players include new product development, strategic partnerships and collaborations, and geographic expansion.
Report Scope
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Report Scope |
Details |
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Base Year Considered |
2024 |
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Historical Data |
2023 - 2024 |
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Forecast Period |
2025 - 2030 |
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Growth Rate |
21% |
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Market Drivers |
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Attractive Opportunities |
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Segment Scope |
Therapy Type, Cancer Type, End User |
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Regional Scope |
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Key Companies Mapped |
Bristol-Myers Squibb Company, Novartis AG, F. Hoffmann-La Roche Ltd, Gilead Sciences, Inc., AstraZeneca, Sanofi, Moderna, Inc., GSK plc, AbbVie Inc., and Merck & Co., Inc. among others |
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Report Highlights |
Market Size & Forecast, Growth Drivers & Restraints, Trends, Competitive Analysis |
Market Segmentation
This report by Medi-Tech Insights provides the size of the global immuno-oncology market at the regional- and country-level from 2023 to 2030. The report further segments the market based on therapy type, cancer type, end user.
- Market Size & Forecast (2023-2030), By Therapy Type, USD Million
- Immune Checkpoint Inhibitors (ICIs)
- CAR-T Cell Therapy
- Cancer Vaccines
- Bispecific Antibodies
- Monoclonal Antibodies
- Oncolytic Viruses
- Cytokine Therapy
- Others
- Market Size & Forecast (2023-2030), By Cancer Type, USD Million
- Lung Cancer
- Breast Cancer
- Colorectal Cancer
- Prostate Cancer
- Melanoma
- Ovarian Cancer
- Others
- Market Size & Forecast (2023-2030), By End User, USD Million
- Hospitals & Cancer Treatment Centers
- Specialty Clinics
- Others
- Market Size & Forecast (2023-2030), By Region, USD Million
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Latin America
- Middle East & Africa
- North America
Key Strategic Questions Addressed
- What is the market size & forecast of the immuno-oncology market?
- What are historical, present, and forecasted market shares and growth rates of various segments and sub-segments of the immuno-oncology market?
- What are the key trends defining the market?
- What are the major factors impacting the market?
- What are the opportunities prevailing in the market?
- Which region has the highest share in the global market? Which region is expected to witness the highest growth rate in the next 5 years?
- Who are the major players operating in the market?
- What are the key strategies adopted by players?
- Introduction
- Introduction
- Market Scope
- Market Definition
- Segments Covered
- Regional Segmentation
- Research Timeframe
- Currency Considered
- Study Limitations
- Stakeholders
- List of Abbreviations
- Key Conferences and Events (2025-2026)
- Research Methodology
- Secondary Research
- Primary Research
- Market Estimation
- Bottom-Up Approach
- Top-Down Approach
- Market Forecasting
- Executive Summary
- Immuno-Oncology (IO) Market Snapshot (2025-2030)
- Segment Overview
- Regional Snapshot
- Competitive Insights
- Market Overview
- Market Dynamics
- Drivers
- Increasing incidence and prevalence of cancer
- Advancements in immunotherapy and personalized medicine
- Favourable regulatory support and approvals
- Growing investment in cancer immunotherapy R&D
- Expanding applications beyond traditional indications
- Restraints
- High treatment costs and limited reimbursement
- Severe side effects and toxicity concerns
- Tumor resistance and variable patient response
- Complex manufacturing and supply chain issues
- Opportunities
- Expansion of combination therapies
- Growth in biomarker-driven immunotherapies
- Expansion into emerging markets
- Advancements in cell-based immunotherapies
- Drivers
- Key Market Trends
- Growth in Biomarker-Driven Immunotherapies
- Advancements in Cell-Based Immunotherapies
- Pipeline Analysis
- Unmet Market Needs
- Industry Speaks
- Market Dynamics
- Global Immuno-Oncology (IO) Market Size & Forecast (2023-2030), By Therapy Type, USD Million
- Introduction
- Immune Checkpoint Inhibitors (ICIs)
- CAR-T Cell Therapy
- Cancer Vaccines
- Bispecific Antibodies
- Monoclonal Antibodies
- Oncolytic Viruses
- Cytokine Therapy
- Others
- Global Immuno-Oncology (IO) Market Size & Forecast (2023-2030), By Cancer Type, USD Million
- Introduction
- Lung Cancer
- Breast Cancer
- Colorectal Cancer
- Prostate Cancer
- Melanoma
- Ovarian Cancer
- Others
- Global Immuno-Oncology (IO) Market Size & Forecast (2023-2030), By End User, USD Million
- Introduction
- Hospitals & Cancer Treatment Centers
- Specialty Clinics
- Others
- Global Immuno-Oncology (IO) Market Size & Forecast (2023-2030), By Region, USD Million
- Introduction
- North America Immuno-Oncology (IO) Market Size & Forecast (2023-2030), By Country, USD Million
- US
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Canada
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- US
- Europe Immuno-Oncology (IO) Market Size & Forecast (2023-2030), By Country, USD Million
- UK
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Germany
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- France
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Italy
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Spain
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Rest of Europe
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- UK
- Asia Pacific (APAC) Immuno-Oncology (IO) Market Size & Forecast (2023-2030), By Country, USD Million
- China
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Japan
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- India
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Rest of Asia Pacific
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- China
- Latin America (LATAM) Immuno-Oncology (IO) Market Size & Forecast (2023-2030), USD Million
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Middle East & Africa (MEA) Immuno-Oncology (IO) Market Size & Forecast (2023-2030), USD Million
- Market Size & Forecast, By Therapy Type (USD Million)
- Market Size & Forecast, By Cancer Type (USD Million)
- Market Size & Forecast, By End User (USD Million)
- Competitive Landscape
- Key Players and their Competitive Positioning
- Key Player Comparison
- Segment-wise Player Mapping
- Market Share Analysis (2024)
- Company Categorization Matrix
- Dominants/Leaders
- New Entrants
- Emerging Players
- Innovative Players
- Key Strategies Assessment, By Player (2022-2025)
- New Product Launches
- Partnerships, Agreements, & Collaborations
- Mergers & Acquisitions
- Geographic Expansion
- Key Players and their Competitive Positioning
- Company Profiles* (Business Overview, Financial Performance**, Products Offered, Recent Developments)
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- Bristol-Myers Squibb Company
- Novartis AG
- Hoffmann-La Roche Ltd
- Gilead Sciences, Inc.
- AstraZeneca
- Sanofi
- Moderna, Inc.
- GSK plc.
- AbbVie Inc.
- Merck & Co., Inc.
- Other Prominent Players
Note: *Indicative list
**For listed companies
The study has been compiled based on extensive primary and secondary research.
Secondary Research (Indicative List)
Primary Research
To validate research findings (market size & forecasts, market segmentation, market dynamics, competitive landscape, key industry trends, etc.), extensive primary interviews were conducted with both supply and demand-side stakeholders.
Supply Side Stakeholders:
- Senior Management Level: CEOs, Presidents, Vice-Presidents, Directors, Chief Technology Officers, Chief Commercial Officers
- Mid-Management Level: Product Managers, Sales Managers, Brand Managers, R&D Managers, Business Development Managers, Consultants
Demand Side Stakeholders:
- Stakeholders from Hospitals & Cancer Treatment Centers; Specialty Clinics; and Others
Breakdown of Primary Interviews
Market Size Estimation
Both ‘Top-Down & Bottom-Up Approaches’ were used to derive market size estimates and forecasts
Data Triangulation
Research findings derived through secondary sources & internal analysis was validated with Primary Interviews, Internal Knowledge Repository and Company’s Sales Data
