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Global Oncolytic Virus Therapy Market

Oncolytic Virus Therapy Market Size, Share & Trends Analysis Report By Product (Herpes Simplex Virus (HSV), Adenoviruses, Vaccinia Virus, Vesicular Stomatitis Virus, Newcastle Disease Virus), By Application, By Region, And By Segment Forecasts, 2024-2031

Report ID : 1087 | Published : 2024-10-18 | Pages: 180 | Format: PDF/EXCEL

The Oncolytic Virus Therapy Market is estimated to grow at a 25% CAGR during the forecast period for 2024-2031.

In recent decades, the healthcare burden of Cancer increasing rapidly with an increasing incidence rate. The massive investment in research and development has been implemented to find innovative drugs/therapy/Immuno oncology solutions to cure cancer. Some of them gaining interest include oncolytic viruses therapy, stem cell therapies, adoptive cell therapies, etc. Treatment-related off-target effects, side effects, and drug resistance hamper the efficacies of many therapeutic options. Therefore, scientists are working to develop new, effective therapies with low or no toxicity in normal cells. Oncolytic viruses therapy has shown immense opportunities and potential to be tapped in the future to enhance the cancer treatment. Immunotherapy with oncolytic viruses would definitely build survival solutions with significant importance.

Market Segmentation

The global oncolytic viruses therapy market is segmented on the basis of product, application, and region. Based on the products, the market is divided into Adenoviruses, Herpes Simplex Virus, Vesicular Stomatitis Virus, Vaccinia Virus, and Newcastle Disease Virus. On the basis of application type, the market is segmented into Breast Cancer, Prostate Cancer, Melanoma, Ovarian Cancer, and Others. Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. Among that, Europe held the largest share of the oncolytic viruses therapy market, followed by America and Asia Pacific. On the other hand, North America is expected to dominate the oncolytic viruses therapy market during the analysis of the forecast period.

Competitive Landscape

Some major key players in the Oncolytic Virus Therapy Market:

  • Provectus Biopharmaceuticals, Inc.,
  • Takara Bio Inc.,
  • SillaJen, Inc.,
  • Oncorus, Inc.,
  • Amgen,
  • OncoMyx Therapeutics, Inc.,
  • Replimune Inc.,
  • Oncolytics Biotech,
  • Vyriad, Inc.,
  • Viralytics,
  • Transgene SA,
  • OncolysBioPharma,
  • Unleash ImmunoOncolytics, Inc.,
  • TargovaxPsiOxus Therapeutics,
  • Sorrento Therapeutics,
  • Lokon Pharma AB,
  • Genelux Corporation,
  • TILT Biotherapeutics,
  • Cold Genesys
  • Western Oncolytics.

The Oncolytic Virus Therapy Market Report Scope

Report Attribute

Specifications

Market Size Value In 2023

USD XX Million

Revenue Forecast In 2031

USD XX Million

Growth Rate CAGR

CAGR of 25% from 2024 to 2031

Quantitative Units

Representation of revenue in US$ Million and CAGR from 2024 to 2031

Historic Year

2019 to 2023

Forecast Year

2024-2031

Report Coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments Covered

By Product, By Application

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country Scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia

Competitive Landscape

Provectus Biopharmaceuticals, Inc., Takara Bio Inc., SillaJen, Inc., Oncorus, Inc., Amgen, OncoMyx Therapeutics, Inc., Replimune Inc., Oncolytics Biotech, Vyriad, Inc., Viralytics, Transgene SA, OncolysBioPharma, Unleash ImmunoOncolytics, Inc., TargovaxPsiOxus Therapeutics, Sorrento Therapeutics, Lokon Pharma AB, Genelux Corporation, TILT Biotherapeutics, Cold Genesys and Western Oncolytics.

Customization Scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

Pricing And Available Payment Methods

Explore pricing alternatives that are customized to your particular study requirements.

 

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Oncolytic Virus Therapy Market Snapshot

Chapter 4. Global Oncolytic Virus Therapy Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Penetration & Growth Prospect Mapping

4.6. Clinical Trial/Pipeline Analysis

4.7. Industry Analysis – Porter’s Five Forces Analysis

4.8. Competitive Landscape & Market Share Analysis

Chapter 5. Market Segmentation 1: Product Estimates & Trend Analysis

5.1. Product Type & Market Share, 2023 & 2031

5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following Product:

5.2.1. HSV-based Oncolytic Viruses

5.2.2. Adenoviruses-based Oncolytic Viruses

5.2.3. Vaccinia Virus-based Oncolytic Viruses

5.2.4. Vesicular Stomatitis Virus-based Oncolytic Viruses

5.2.5. Newcastle Disease Virus-based Oncolytic Viruses

Chapter 6. Oncolytic Virus Therapy Market Segmentation 2: Application Estimates & Trend Analysis

6.1. Application Analysis & Market Share, 2023 & 2031

6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following Application:

6.2.1. Melanoma

6.2.2. Prostate Cancer

6.2.3. Breast Cancer

6.2.4. Ovarian Cancer

6.2.5. Others

Chapter 7. Oncolytic Virus Therapy Market Segmentation 3: Regional Estimates & Trend Analysis

7.1. North America

7.1.1. North America Oncolytic Virus Therapy Market revenue (US$ Million) estimates and forecasts by product, 2024-2031

7.1.2. North America Oncolytic Virus Therapy Market revenue (US$ Million) estimates and forecasts by end-user, 2024-2031

7.1.3. North America Oncolytic Virus Therapy Market revenue (US$ Million) estimates and forecasts by country, 2024-2031

7.1.3.1. U.S.

7.1.3.2. Canada

7.2. Europe

7.2.1. Europe Oncolytic Virus Therapy Market revenue (US$ Million) by product, 2024-2031

7.2.2. Europe Oncolytic Virus Therapy Market revenue (US$ Million) by end-user, 2024-2031

7.2.3. Europe Oncolytic Virus Therapy Market revenue (US$ Million) by country, 2024-2031

7.2.3.1. Germany

7.2.3.2. Poland

7.2.3.3. France

7.2.3.4. Italy

7.2.3.5. Spain

7.2.3.6. UK

7.2.3.7. Rest of Europe

7.3. Asia Pacific

7.3.1. Asia Pacific Oncolytic Virus Therapy Market revenue (US$ Million) by product, 2024-2031

7.3.2. Asia Pacific Oncolytic Virus Therapy Market revenue (US$ Million) by end-user, 2024-2031

7.3.3. Asia Pacific Oncolytic Virus Therapy Market revenue (US$ Million) by country, 2024-2031

7.3.3.1. China

7.3.3.2. India

7.3.3.3. Japan

7.3.3.4. Australia

7.3.3.5. Rest of Asia Pacific

7.4. Rest of World

7.4.1. Rest of World Oncolytic Virus Therapy Market revenue (US$ Million) by product, 2024-2031

7.4.2. Rest of World Oncolytic Virus Therapy Market revenue (US$ Million) by end-user, 2024-2031

7.4.3. Rest of World Oncolytic Virus Therapy Market revenue (US$ Million) by country, 2024-2031

7.4.3.1. Middle East

7.4.3.2. Africa

7.4.3.3. Latin America

Chapter 8. Competitive Landscape

8.1. Major Mergers and Acquisitions/Strategic Alliances

8.2. Company Profiles

8.2.1. Provectus Biopharmaceuticals, Inc.

8.2.2. Takara Bio Inc.

8.2.3. SillaJen, Inc.

8.2.4. Oncorus, Inc.

8.2.5. Amgen

8.2.6. OncoMyx Therapeutics, Inc.

8.2.7. Replimune Inc.

8.2.8. Oncolytics Biotech

8.2.9. Vyriad, Inc.

8.2.10. Viralytics

8.2.11. Transgene SA

8.2.12. Oncolys BioPharma

8.2.13. Unleash Immuno Oncolytics, Inc.

8.2.14. Targovax

8.2.15. PsiOxus Therapeutics

8.2.16. Sorrento Therapeutics

8.2.17. Lokon Pharma AB

8.2.18. Genelux Corporation

8.2.19. TILT Biotherapeutics

8.2.20. Cold Genesys

8.2.21. Western Oncolytics

Global Oncolytic Virus Therapy Market Segmentation

Global Oncolytic Virus Therapy Market by Product

  • Herpes Simplex Virus (HSV)
  • Adenoviruses
  • Vaccinia Virus
  • Vesicular Stomatitis Virus
  • Newcastle Disease Virus 

Global Oncolytic Virus Therapy Market by Application

  • Melanoma
  • Prostate Cancer
  • Breast Cancer
  • Ovarian Cancer
  • Others

Global Oncolytic Virus Therapy Market Outlook Based on Region

Europe Oncolytic Virus Therapy Market Outlook

  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

North America Oncolytic Virus Therapy Market Outlook

  • U.S.
  • Canada

Asia Pacific Oncolytic Virus Therapy Market Outlook

  • China
  • Japan
  • South Korea
  • Australia & New Zealand

Latin America Oncolytic Virus Therapy Market Outlook

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa Oncolytic Virus Therapy Market Outlook

  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Frequently Asked Questions

How big is the Oncolytic Virus Therapy Market Size?

The Oncolytic Virus Therapy Market is expected to grow at a 25% CAGR during the forecast period for 2024-2031.

Provectus Biopharmaceuticals, Inc., Takara Bio Inc., SillaJen, Inc., Oncorus, Inc., Amgen, OncoMyx Therapeutics, Inc., Replimune Inc

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