Oncolytic Virus Cancer Treatment Market: Discoveries, Developments, and Projections through 2035

Published: May 2025
Report Code:
SKU: LMR125818

Overview:

The global oncolytic virus cancer therapy market is poised for substantial expansion in the coming years. In 2025, the market is projected to reach USD 36.87 million, with strong growth anticipated through 2035. The increasing interest in innovative cancer treatment modalities is expected to drive market trends.

Driving this growth is the rising demand for targeted cancer therapies with fewer side effects. Oncolytic viruses represent a promising class of agents capable of selectively targeting and destroying cancer cells while stimulating an immune response.

Advancements in biotechnology and genetic engineering have facilitated the development of more effective and safer oncolytic viruses. These technological strides are expected to significantly boost market adoption.

Regional dynamics indicate North America as a key market, closely followed by Europe and Asia Pacific. Increasing healthcare investments and the prevalence of cancer are major factors in these regions.

Key players are actively engaged in research and development, focusing on enhancing the efficacy and safety profiles of oncolytic viruses. These efforts are contributing to the expansion of therapeutic applications.

The market’s future growth is also propelled by increasing collaborations between pharmaceutical companies and research institutions to accelerate drug development and clinical trials for oncolytic virus therapies.

YOY Growth Bar Chart

Year On Year Growth Chart

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Report Attribute Details
Market Size in 2025 USD 36.87 million
Revenue Forecast for 2035 USD 386.89 million
Growth Rate (CAGR) 26.5% from 2025 to 2035
Base Year for Estimation 2024
Historical Data 2020 – 2024
Forecast Period 2025 – 2035
Quantitative Units Revenue in USD million/billion and CAGR from 2025 to 2035
Report Coverage Revenue forecast, company market share, competitive landscape, growth factors, and trends
Covered Segments Virus type, application, end use, and region
Regional Scope North America, Europe, Asia Pacific
Country Scope U.S., Canada, U.K., Germany, Netherlands, China, Japan, South Korea, Australia
Key Companies Analyzed Amgen Inc.; Replimune Group Inc.; Oncolytics Biotech Inc.; Sorrento Therapeutics, Inc.; PsiOxus Therapeutics Ltd.
Customization Options Free report customization (up to 8 analysts working days) with purchase. Changes to country, regional, and segment scope
Pricing and Purchase Options Customizable purchase options for tailored research needs

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Pie Chart

Key Companies Market Share

Report Coverage & Deliverables

This is an indicative segmentation. Please request a sample report to see detail segmentation of this market.

Detailed Market Segmentation

  • By Virus Type
    • Adenovirus
    • Herpes Simplex Virus
    • Vaccinia Virus
    • Reovirus
    • Newcastle Disease Virus
  • By Application
    • Melanoma
    • Glioblastoma
    • Breast Cancer
    • Prostate Cancer
    • Ovarian Cancer
  • By End Use
    • Hospitals
    • Cancer Research Centers
    • Biopharmaceutical Companies
  • By Region
    • North America (U.S., Canada)
    • Europe (U.K., Germany, France)
    • Asia Pacific (China, Japan, South Korea)

Table of Content

  • Executive Summary
  • Market Overview
  • Key Market Trends
  • Market Dynamics
  • Market Analysis 2020 to 2024 and Forecast, 2025 to 2035
  • Market Forecast by Virus Type
    • Adenovirus
    • Herpes Simplex Virus
    • Vaccinia Virus
    • Reovirus
    • Newcastle Disease Virus
  • Market Forecast by Application
    • Melanoma
    • Glioblastoma
    • Breast Cancer
    • Prostate Cancer
    • Ovarian Cancer
  • Market Forecast by End Use
    • Hospitals
    • Cancer Research Centers
    • Biopharmaceutical Companies
  • Market Forecast by Region
    • North America
    • Europe
    • Asia Pacific
  • North America Market Analysis 2020-2024 and Forecast 2025-2035
  • Europe Market Analysis 2020-2024 and Forecast 2025-2035
  • Asia Pacific Market Analysis 2020-2024 and Forecast 2025-2035
  • Competitive Landscape
  • Company Profiles
    • Amgen Inc.
    • Replimune Group Inc.
    • Oncolytics Biotech Inc.
    • Sorrento Therapeutics, Inc.
    • PsiOxus Therapeutics Ltd.
  • Market Structure
  • Assumptions and Acronyms Used
  • Research Methodology
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