Germany's cancer immunotherapy market is expected to witness growth from $4.1 Bn in 2022 to $6.2 Bn in 2030 with a CAGR of 5.3% for the forecasted year 2022-30. The growing success rates of immunotherapy treatments and partnerships and collaborations between organizations to support the use of cancer immunotherapies in Germany are responsible for the growth of the market. The German cancer immunotherapy market is segmented by type, application, and end user. Immatics, Medigene, and Bayer are the major players in the German cancer immunotherapy market.
Germany's cancer immunotherapy market is expected to witness growth from $4.1 Bn in 2022 to $6.2 Bn in 2030 with a CAGR of 5.3% for the forecasted year 2022-30. To strengthen Germany's position as a leader in global health and one of WHO's most ardent supporters, the Federal Ministry of Health (BMG) today announced a $142 Mn donation to the organization for 2023. The donation helps WHO with important priorities like antibiotic resistance, health emergencies, strengthening health systems, and WHO reforms. The money will go toward the WHO-BMG cooperative initiative, the WHO response to COVID-19, and the WHO Hub for Pandemic and Epidemic Intelligence in Berlin. Germany has been the leading donor to ACT-Accelerator, a global effort to promptly develop, produce, and fairly distribute COVID-19 vaccines, tests, and treatments. In the bienniums 2020–2021 and 2022, Germany was WHO's highest overall contributor and second in those years.
In Germany, there were reportedly 265,000 men and 233,000 women who received a new cancer diagnosis in 2018. As a result, the total annual number of new cases has remained constant for the past ten years at roughly 500,000. This suggests that, despite some uneven tendencies for the many types of cancer, overall cancer incidence rates have decreased modestly as a result of the aging population.
Even at its advanced stages, cancer can be successfully resisted by human immunity. As a result, cancer immunotherapy is becoming a more crucial field of oncology, and researchers are working very hard to create new immunotherapy methods. Immune checkpoint inhibitors, cancer vaccines, and monoclonal antibodies have already been used successfully in German cancer clinics. One of the most important developments in medicine in recent years is CAR T-cell therapy. The treatment of lymphomas, multiple myelomas, and leukaemias has been accomplished with success. The method is refined over time. The indications for its use are growing as more clinical trials are being completed. T-cell immunotherapy will likely soon be employed in Germany for a wide variety of different cancers. Because immune cells' genes are altered in the lab, immunotherapy and gene therapy are both used as treatment options. They are given chimeric antigen receptors (CARs), which aid T-cells in binding to a tumour-specific antigen.
Market Growth Drivers
In the treatment of many tumours, immunotherapy has demonstrated encouraging outcomes, and its use is expanding in Germany. New immunotherapy medications are becoming more widely available, and patients and healthcare professionals are becoming more aware of their advantages, which is driving this trend. The German government has put in place a number of programs to encourage the advancement and use of immunotherapy. For instance, the government has built regulatory frameworks to assist the approval and uptake of new immunotherapy medicines and has funded research into these therapies. In Germany, academic research institutions and pharmaceutical businesses work together to advance immunotherapy research and development. Collaborations between pharmaceutical corporations and academic institutions accelerate their development and distribution of novel immunotherapy therapies thus leading to the expansion of Germany's cancer immunotherapy market.
Market Restraints
Immunotherapy medications can be costly, which may limit their accessibility to individuals with limited financial resources. Despite the fact that the German healthcare system pays for cancer therapies, including immunotherapy, some patients can still have financial difficulties in getting these treatments. Immunotherapy medications could have difficult patient selection standards, which could sometimes prevent their widespread use. Immunotherapy treatment may not be available to patients who don't meet the requirements, which could restrict the treatment's acceptance and commercial expansion. Immunotherapy medications may not be readily available to patients until the regulatory approval procedure is completed, which can be complicated and time-consuming. This can restrict the German cancer immunotherapy market adoption and expansion.
Key Players
January 2023- The same mRNA technology will be used in a cancer treatment being tested in Britain by the German pharmaceutical company BioNTech, which created the ground-breaking COVID-19 vaccination. A new deal between BioNTech and the British government includes the initiative as part of its focus on cancer immunotherapies, infectious disease vaccines, and expansion of BioNTech's footprint in the UK.
The statutory health insurance system in Germany serves as the primary regulatory framework for cancer health coverage and reimbursement practices. Patients with cancer are entitled to comprehensive medical care under this system, including cancer therapies like immunotherapy, at no or very low cost. In Germany, statutory health insurance funds pay the costs of cancer treatments, including immunotherapy. The price is determined by a predetermined rate agreed upon between the healthcare providers and the funds. In Germany, cancer treatment reimbursement rules are based on the DRG (diagnosis-related group) classification system. The DRG system bases its flat-rate payments on the patient's diagnosis and received care. This method bases the cost of cancer therapies, including immunotherapy, on the DRG given to the patient's diagnosis and course of care. Additionally, patients in Germany can be qualified for financial aid schemes or clinical trials that open up access to cancer therapies like immunotherapy. These initiatives and trials might be supported by the public sector, the healthcare industry, or non-profit groups.
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Type (Revenue, USD Billion):
By Application (Revenue, USD Billion):
By End User (Revenue, USD Billion):
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Immatics, Medigene, and Bayer are the major players in the Germany cancer immunotherapy market.
The Germany cancer immunotherapy market is expected to grow from $4.1 Bn in 2022 to $6.2 Bn in 2030 with a CAGR of 5.3% for the forecasted year 2022-2030.
The Germany cancer immunotherapy market is segmented by type, application, and end user.