Oncolytic Virus Therapy Market Share

  • Report ID: 2988
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Oncolytic Virus Therapy Market Share

North American Market Forecast

Oncolytic virus therapy market in North America is predicted to account for the largest share of about 39% by the end of 2037 impelled by the growing clinical activities. This has led to the development of new oncolytic viruses’ modifications to existing viruses in the region for serious diseases including cancer. As a result, the demand for oncolytic virus therapy may increase in the region as new modifications would offer more benefits and more patients become eligible for the treatment.

In terms of the number of clinical trial sites, followed by the United States Canada accounts for more than 3% of all global clinical trials.

European Market Statistics

The Europe oncolytic virus therapy market is estimated to be the second largest, during the forecast timeframe led by the rising approvals of oncolytic virus therapy drugs. This has led to the development of new oncolytic viruses’ modifications to existing viruses in the region for serious diseases including cancer. As a result, the demand for oncolytic virus therapy may increase in the region as new modifications would offer more benefits and more patients become eligible for the treatment.

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Author Credits:  Radhika Pawar


  • Report ID: 2988
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of oncolytic virus therapy is evaluated at USD 27.99 million.

The oncolytic virus therapy market size was valued at USD 23.09 million in 2024 and is expected to reach USD 490.46 million by 2037, registering around 26.5% CAGR during the forecast period i.e., between 2025-2037. Increasing prevalence of cancer globally and the growing advancements in viral engineering will drive the market growth.

North America industry is predicted to dominate majority revenue share of 39% by 2037, impelled by growing clinical activities in the region.

The major players in the market include Amgen Inc., Shanghai Sunway Biotech Co. Ltd., Oncolys BioPharma Inc., TILT Biotherapeutics Ltd., Oncorus Inc, TAKARA BIO INC., Vyriad, Transgene SA, Lokon Pharma AB, Pfizer, Inc., Rigvir Group, Sibiono GeneTech Co. Ltd., Oncolytics Biotech, Daiichi Sankyo, Kissei Pharmaceutical Co., Ltd., Boehringer Ingelheim
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