The cancer vaccines market is fueled by increased government funding for research and development, higher demand and consumer awareness, technological advancements, and a growing number of cancer incidences.
Home>Industry Reports>Japan Cancer Vaccine Market Assessment, Opportunities and Forecast, FY2018-FY2032F
Japan cancer vaccines market is projected to witness a CAGR of 6% during the forecast period FY2025-FY2032, growing from USD 1.05 billion in FY2024 to USD 1.68 billion in FY2032. Japan cancer vaccines market is expanding rapidly, driven by the increasing need to prevent cancer, and cure it. Vaccines are essential for reducing morbidity and mortality from cancer. The market's growth is fueled by rising cases of cancer, strong government immunization programs, and increasing public awareness. Advancements in vaccine technology, such as mRNA and recombinant vaccines, are accelerating development and production. Increased R&D investments from pharmaceutical companies and biotech firms are leading to innovative vaccines for diseases such as HIV and cancer. Additionally, government organizations are actively funding and supporting large-scale vaccination campaigns, especially in developing countries. Biotechnology giants are coming together to be able to produce big results. For example, Astellas Pharma Inc., announced that Japan’s Ministry of Health, Labor and Welfare (MHLW) approved Vyloy (zolbetuximab), an anti-CLDN18.2 monoclonal antibody to treat patients with CLDN18.2 positive, unresectable, advanced or recurrent gastric cancer. Vyloy is the first and only CLDN18.2-targeted therapy approved by any regulatory agency worldwide. Favorable regulatory policies and growing healthcare expenditures further support market expansion. The increasing geriatric population, rising healthcare infrastructure in emerging economies, and expanding global vaccination coverage are expected to sustain the market’s long-term growth.
One of the key factors propelling the Japan cancer vaccines market is research advancements. Innovative cancer vaccine research has been made possible by ongoing developments in immunotherapy, personalized medicine, and biotechnology. Japan has a solid background in medical research, with esteemed organizations and colleges focusing on the development of cancer vaccines. Novel antigens discovered as a result of advances in cancer immunology have made it possible to create vaccinations that specifically target and kill cancer cells. The development of innovative technologies has transformed the prevention and treatment of cancer, including mRNA and gene-based vaccinations. It is anticipated that these developments will treat different kinds of cancer, propelling market expansion. With Japan’s focus on precision medicine and immuno-oncology, the country continues to make progress in understanding the molecular mechanisms of cancer, which is crucial for creating effective vaccines and therapies. For instance, NEC Bio B.V. presented interim results from a Phase 1 clinical trial of NECVAX-NEO1, an AI-driven personalized oral cancer vaccine in December 2024. The trial demonstrated the vaccine’s safety and immunogenicity in patients with solid tumors, marking a significant advancement in personalized cancer immunotherapy.
Government Initiatives Fueling the Market Growth
In Japan, government measures have been instrumental in the expansion of the market for cancer vaccines. The Japanese government has continuously backed cancer research, contributing money to the creation of novel cancer treatments and vaccinations. The Ministry of Health, Labour, and Welfare (MHLW) in Japan has put more emphasis on cancer prevention in recent years, implementing public health initiatives and regulations to encourage early detection and immunization. In keeping with its goal of lowering cancer rates through immunization, the government has also started endorsing the HPV vaccine for the prevention of cervical cancer. A favorable environment for the development of cancer vaccines has also been created by Japan's significant investments in biotechnology and healthcare infrastructure. The government’s commitment to reducing the cancer burden through innovation and healthcare reform is expected to drive the market’s growth and accelerate the approval of new cancer vaccines. In September 2024, Japan, alongside the United States, Australia, and India, launched the Quad Cancer Moonshot Initiative. This collaborative effort seeks to reduce the cancer burden in the Indo-Pacific region by enhancing health infrastructure, expanding research, and improving access to cancer care.
The market for cancer vaccines in Japan is expanding at a rapid pace due to growing alliances and partnerships between government agencies, academic institutions, and pharmaceutical businesses. The development of cancer vaccines is progressing more quickly due to partnerships between international and local actors that promote the sharing of resources, technology, and expertise. Japanese pharmaceutical giants like Takeda Pharmaceutical and Daiichi Sankyo are collaborating with foreign biotech companies and academic institutions to create innovative cancer vaccines. These collaborations lower the financial risk involved in developing a cancer vaccine while simultaneously enhancing access to cutting-edge technologies. Collaboration in clinical studies, regulatory approvals, and manufacturing procedures also guarantees that vaccines can be created effectively and get to market more quickly. The trend of collaboration enhances research, optimizes clinical testing, and brings diverse perspectives to the table, fueling innovation in cancer vaccines.
For instance, the Kawasaki Innovation Center for NanoMedicine (iCONM; Director: Kazunori Kataoka; Location: Kawasaki, Japan) have announced in collaboration with Tokyo Medical and Dental University, and Kyorin University that a group led by Prof. Satoshi Uchida, Principal Research Scientist of iCONM, has created a novel mRNA derivative and shown its high cellular immunity inducing anti-cancer activities in mice model. In tests employing melanoma and lymphoma model mice, this new mRNA exhibits strong anti-tumor effects, stimulates immune cells, and has double-stranded RNA in the form of comb teeth.
Future Market Scenario (FY2025 – FY2032F)
One of the main factors contributing to the anticipated growth of the cancer vaccines market is the increasing demand for treatment options to ensure patient safety by delivering the right quality of drug or any other such chemical product. The rising population and cases of cancer are also factors that will always propel the market's growth in the future. Given that technology is advancing, we can expect cutting-edge technology in the area. Players in this market are expanding at an unparalleled rate, introducing cost-effective and efficient technologies.
Report Scope
“Japan Cancer Vaccines Market Assessment, Opportunities, and Forecast, FY2018-FY2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the Japan cancer vaccines market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between FY2025 and FY2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.
Report Attribute |
Details |
Base Year of the Analysis |
FY2024 |
Historical Period |
FY2018-FY2023 |
Forecast Period |
FY2025-FY2032 |
Projected Growth Rate |
CAGR of 6% between FY2025 and FY2032 |
Revenue Forecast in FY2032 |
USD 1.68 billion |
Segments Covered |
Type, Technology, Indication, End-user |
Regions Covered |
North [Hokkaido and Tohoku], Central [Kanto and Chubu], South [Kansai, Chugoku, Shikoku, and Kyushu & Okinawa] |
Key Companies Profile |
Takeda Pharmaceutical Company Limited, Daiichi Sankyo Company Limited, Merck & Co., Inc., Moderna, Inc., Chugai Pharmaceutical Co., Ltd., Astellas Pharma Inc., GlaxoSmithKline plc, Otsuka Holdings Co., Ltd., Eisai Co., Ltd., Shionogi & Co., Ltd. |
Customization Scope |
15% free report customization with purchase |
Pricing and Purchase Options |
Avail the customized purchase options to fulfill your precise research needs |
Delivery Format |
PDF and Excel through email (subject to the license purchased) |
In the report, the Japan cancer vaccines market has been segmented into the following categories:
Key Players Landscape and Outlook
The key players in the market are significantly investing in the development of cancer vaccines and are utilizing strategies such as mergers, acquisitions, partnerships, and new product launches to improve their services and competitiveness. Such efforts will propel significant growth in the market, allowing large-cap industry players to increase their presence and, therefore, find new opportunities in this market.
For instance, the Japan Patent Office has sent Cleveland Clinic, a partner of Anixa Biosciences, Inc., a "Decision to Grant" notice for the patent application "Vaccine Adjuvants and Formulations." This new Japanese patent extends the claims for this novel breast cancer vaccine technology to an additional geographic region, beyond the U.S. and European patents previously awarded, as explained by Dr. Amit Kumar, Chairman and CEO of Anixa, in a July 17, 2024, press release.
Key Players Operating in Japan Cancer Vaccines Market are:
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Purchase Options
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1,840
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8%
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2,970
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10%
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3,960
4,500
12%
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5,950
7,000
15%
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