The European oncolytic virus therapy market is estimated to grow at a CAGR of around 14% during the forecast period. The market growth is attributed to the increasing number of clinical trials in the region coupled with the increasing prevalence of cancer in the region, thereby creating opportunities for the growth of the market. The market growth in Europe is attributed to the FDA approval for the commercialization of Imlygic in Europe in 2016. Moreover, there are numerous clinical trials that are still being conducted across the region.
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Further, the European oncolytic virus therapy market is segmented on the basis of product and application. Based on the product, the market is segmented into HSV-based oncolytic viruses, adenoviruses-based oncolytic viruses, vaccinia virus-based oncolytic viruses, vesicular stomatitis virus-based oncolytic viruses, Newcastle disease oncolytic viruses, and other oncolytic viruses. HSV-based oncolytic virus therapy held the highest market share in 2018. Based on the application, the market is segmented into prostate cancer, breast cancer, ovarian cancer, melanoma, and others. In 2018, the melanoma application held the largest market share.
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European Oncolytic Virus Therapy Market Segmentation
By Product
• HSV-Based Oncolytic Virus
• Adenoviruses-Based Oncolytic Virus
• Vaccinia Virus-Based Oncolytic Virus
• Vesicular Stomatitis Virus-Based Oncolytic Virus
• Newcastle Disease Virus- Based Oncolytic Virus
• Others
By Application
• Prostate Cancer
• Breast Cancer
• Ovarian Cancer
• Melanoma
• Others
Regional Analysis
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Company Profiles
• Boehringer Ingelheim International GmbH
• F. Hoffmann-La Roche Ltd.
• Medigene AG
• Orca Therapeutics B.V.
• OncoTheis
• PsiOxus Therapeutics Ltd.
• Targovax ASA
• Tilt Biotherapeutics Ltd.
• Transgene SA
• VCN Biosciences SL
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