Japan Cancer Vaccines market 2020-2026

1. Japan Cancer Vaccines MarketSet to Exceed $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. 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 Japanese government and many local and international companies are taking initiatives to develop the cancer vaccine industry in this region. In order to promote and develop regenerative medicine and cell therapy in Japan, the Act on the Safety of Regenerative Medicine and the Revised Pharmaceutical Affairs Law was enforced in November 2014. Also, Advanced Medical Care is accepted in Japan to evaluate a medical technology at one’s own expense, together with the National Health Insurance, at institutes and hospitals approved by the MHLW. The technological intervention includes regenerative medicine and immunotherapy, the safety and efficacy of which have not been established by previous clinical studies. 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. Browse Complete Report

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