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Search - "adoption"
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If all you have is a hammer, everything looks like a nail!
This was something which my tech lead used to tell me when I was so obsessed with nosql databases a few years back. I would try to find problems to solve that has a use case for nosql databases or even try to convince me(I didn’t realise it back then) that I need to use nosql db for this new idea that I have, without really thinking deep enough whether the data in question is better represented using an sql schema or not.
Now, leading a team of young developers, I come across similar suggestions from few of my team members who just discovered this new and shiny tech and want to use it in production projects.
While I am not against new and shiny, it’s not a good practice to jump right in to it without exploring it deep enough or considering all the shortcomings. The most important question to ask is, whether some of the problems you are trying to solve can be solved with the current stack.
Modifying your stack requires more than just a week’s experience of playing around with the getting started guide and stack overflow replies. This is something which need to be carefully considered after taking inputs from the people who would be supporting it, that include operations, sysadmins and teams that are gonna interface with your stack indirectly.
I am not talking about delaying adoption by waiting for long list of approvals to get some thing that would bring immediate value, but a carefully orchestrated plan for why and how to migrate to a new stack.
Just because one of the tech giants made a move to a new stack and wrote about it in their engineering blog doesn’t mean that you need to make a switch in the same direction. Take a moment to analyse the possible reasons that motivated them to do it, ask yourself if your organisation is struggling with the exact same problems, observe how others facing the same issue are addressing it, and then make an informed decision.
Collect enough data to support your proposal.
Ask yourself again if you are the one holding the hammer.
If the answer is no, forge ahead!
9 -
Just scored my personal red flag bingo in new project:
- engineers who work there for 20+ years
- their own in house build tool
- "we have Jira so it means we are agile"
- "we have Jenkins so it means we do Ci/cd"
- git adoption is "in progress"14 -
The brief history of Facebook open source:
- FB releases React under an oppressive licence that tells "woopsie, can't sue FB if you use React"
- a lot of money goes into making React popular to gain leverage from mass adoption
- VMware bans React in their company
- FB releases Flux to bring state management. It flops. Replaced by what some Russian student wrote in several evenings (Redux)
- Preact is released. It's faster than React, and it has MIT licence. Vue beats React in GitHub stars.
- Under mass pressure, FB changes React's licence to MIT. Initial plan to gain leverage fails spectacularly.
- FB releases Flow Types. It flops. Replaced by TypeScript.
- FB releases their own app market for React Native. It flops.
- FB releases Relay. It flops. Replaced by Apollo.
- FB tries to push React.Suspense for the whole JS landscape to obey and comply to how it works. Community says "Fuck You".
- FB releases react-native-web. It flops.
- Web Components are out in all browsers, adopted as a standard. React doesn't support them.
- Google releases Lit, a virtual DOM framework on top of Web Components to fuck with React. It's a massive success.
- React 18 is out. Still no Web Components support.
- (you are here)16 -
One of the biggest barriers to the wide(r) scale adoption of functional programming languages like Haskell, F#, and Scala is how snooty and condescending your average FP developer is. And beginner-unfriendly.
Ask them a question about an intermediate topic (in my case, the Free monad) you're likely to get a whole torrent of category theoretic rubbish in return.
This is a common pattern I see when "experts" answer questions.
Now, it didn't bother me much because I've studied a fair amount of category theory and can usually follow such answers, but, for the sake of the general case, I'd like to shove these rules into the heads of everyone writing an answer to a question (not just FP):
1. If you can't illustrate a concept clearly without going into verbal diarrhoea with phrases like "monad homomorphism" and "just a monoid in the category of endofunctors" then you clearly haven't understood it properly (unless, of course, the answer absolutely requires it). An answer is not the place to show off your knowledge of a topic.
2. Please remember that everyone was a beginner at some point. Including you. Understand that some concepts can be extremely frustrating at first and yet incredibly simple after you grok them (eg. monads).
3. If the person asking the question is a beginner, using complex concepts in an answer just because it's a more "elegant" way to explain it doesn't really help them. They are more likely to get confused and drop the topic.
(Kudos to those people who give highly relevant, insightful, simple, and intuitive answers, you guys are the best).2 -
A database of a German client for testing was sent to our software company. To make sure that the program works well with real data. Testers are funny people, they immediately found a certain Schwarzkopf in the database and fired, making a comment “for dyed hair”. Further - more. Some Albert Speer was suspended from work on the night shift, pointing out in a comment: "suspected of a relationship with Hitler."
Work progressed, genocide grew. The whole department was dismissed with the comment: “To the gazenvagen” (naturally in German). The apogee was the demotion of the director to the supply manager, the establishment of the Obersturmbanführer position and the adoption of Max von Stirlitz (as you might have guessed) on it. An element of reality in the game of testers was made by a dull dude who wanted to check how the mail server works.
As a result, the above comments were sent to all of the above characters, as well as their managers, through the database to their real e-mail addresses.3 -
My manager from Germany says, "We have a saying in Germany. If you buy cheap, you buy twice. We must adapt it as, If you deliver fast, you must deliver twice". Scenario, faulty code delivery without checking the need of adoption work items.2
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1) For other devs to stop being such whiny, pussy ass motherfuckers. Legit the ammount of whine in some of y'all is too extreme. Blow, judge and cuss out over the weakest shit ever. Like language wars. Dear lord if there is some pussy ass shit right there it is language wars.
2) To see Perl 6, Clojure and Rust see some hardcore adoption. Specially Clojure since I fucking love Lisp dialects and Clojure is pretty sweet Lisp. Clojurescript is also really nice for those that like working with Js.
3) To completely nuke Microsoft browsers. I am not a Microsoft hater by any means. But their browsers bring more pain than joy to everyone and they know it. If they choose to let them exist then by all means fix them! This is Microsoft! They got the resources!!
That's it really.12 -
Just watching some videos about feminism and I'm just thinking: "how fucking nutty are these people really?!"
Too drunk right now to write about the recent developments in Mozilla's adoption of "the big bad patriarchy and meritocracy" (and I don't have the password database mirrored on my recently unfucked WanBLowS 10 desktop yet so I've no idea how to authenticate to devRant on it yet) but I'll try to get it out there by tomorrow 🙂
Simply put, Mozilla.. I like you regardless of the whole Mr. Robot crap from earlier, and I'm sure you've got your heart in the right place.. although I'm using Brave nowadays - a creation from the board member you've shunned over this whole PC shit, Brandon Eich. But let me tell you this, Mozilla. Enough is enough. Don't be fucking idiots.24 -
@zloirock, the main maintainer of core-js (the library that holds the web together and has the usage just shy of jQuery) went to prison. He now has a fucked-up health for life. He survives off of $400/mo.
His library gained absolutely massive adoption, yet remained relatively unknown, and brought in little to no support from the huge companies using it. On top of that, he “enjoys” a LOT of hate messages from people who don't care and just expect open source maintainers to work for free.
https://github.com/zloirock/...
16 -
I thought of posting this as a comment to @12bit float' post, but then decided it better goes out as a post by itself.
https://devrant.com/rants/5291843/...
My second employer, where I am on my last week of notice currently, is building a no code/low code tool.
Since this was my first job switch, I was in a dreamy phase and was super excited about this whole space. I indeed got to learn like crazy.
Upon joining, I realised that an ideal user persona for this product was a developer. Wow! No code tool for developer. sO cOoL...
We started building it and as obvious as it could get, the initial goal was adoption because we were still at top of the funnel.
We launched an alpha release shortly followed by a beta.
Nobody used it. Tech XLT/LT kept pushing product and design team to run a feature factory so that their teams can use this tool.
The culture set by those two leaders was toxic as fuck.
Now, I decided to do some research and some more product discovery to understand why folks were not using it. Mind you, we were not allowed to do any research and were forced to build based on opinions of those two monkeys.
Turns out that the devs were really happy with their existing tools and our tool was another tool being forcefully added into their toolbox by the said XLT/LT.
Not only that, even if they decide to use our tool, out of pressure, they still cannot because the product was missing key capabilities like audit control and promotion from one environment to another.
Building those would essentially mean reinventing Github aka version control and Spinnaker aka CI/CD pipeline.
My new boss (I got 3 managers in 4 months because of high attrition across levels due to the toxic culture), thinks that tech XLT/LT are doing great and we all suck as a product and design team.
He started driving things his own way without even understanding or settling down for first 90 days.
Lol, I put in my resignation got out of that mess.
So agreeing to what our boy said here, no code tools are a complete waste, especially for a developer, and even as a non tech person, I prefer keyboard over mouse.2 -
Welp, its official, with Debian Buster adoption into our mainline, we are officially switching from Sys-V-Init to SystemD.
I still do not know how I feel about it.
From the professional point of view - Its a relief. SystemD has so many more neat features that make the life of a sysadmin easier. If any, I love that it tracks the uptime of a service, making it incredibly easy the last time it crashed / restarted...
On the other... I just... Am kind of afraid where the whole systemd environment will go with time... And... I guess... I am also worried about how much systemd is taking over in the system itself... It will mean learning quite a few new services, debugging routines and such...
A new era of GNU/SystemD/Linux is upon us.15 -
We have “adopted” Agile as our development process. Now I will be honest that I don’t know everything about Agile because I am very new to developing things in a professional setting. But the person who has been the advocate of Agile always starts his sentences with: “Whatever I have read about Agile..”
You can understand why I don’t get a good feeling/confidence regarding this adoption strategy. Things haven’t changed, just the presence of words like “DevOps”, “Agile”, etc has increased in the morning meetings.10 -
#!/bin/not-a-rant
What's the best site to look for contract work for developers ? I have a salaried position but want to moonlight to raise money for adopting a girl . My wife and I have had eight
miscarriages , and adoption is prohibitively expensive!2 -
Why is python supposedly something big data people use ? Sounds like r and stats and well I don’t see the adoption of that though python is used somewhat I note in a lot of Linux apps and utilities
Just seems strange that an interpreted language would be used that way to me or am I an idiot ?35 -
Maaaan, we all knew it was coming, we were warned, again and again, yet still, when Lets Encrypt's old root CA expired today, we found out a tool we were using to get new certs (Not cerbot, custom wrapper around acme-tiny) included the old root in the chain.
So... A few hours ago, some of our servers started having connection issues.
Great final 3 hours of today. Better luck next time I guess? Still, despite the little hickup, Lets Encrypt still remains as one of the biggest revolutions in the adoption of SSL, they're the good guys.5 -
Last week me and my friend have been changed from a legacy PHP project to new Ruby on Rails-based setup. What, in first instance, looked like a great improvement, now becomes a nightmare.
All this convention-over-configuration is awesome - but only if you already know the conventions, or if somebody told'em to you.
And everything is going even more out of control because the damn project is based upon Spree gem and several other extensions, that MUST be changed to meet out company needs.
I'm getting really mad with all this pressure. Ruby seems to be a great language, but I'd rather be working with Laravel. Its overall organization, the centralization of CLI commands in artisan, and the astoundingly clear, eloquent, direct and well-designed documentation made my adoption curve there a little more pleasant.
I mean, legacy PHP systems are awful, but Laravel framework sounds way more easy-to-learn and well-constructed when compared to rails.
But given all this nightmare, I really want to be proved the opposite.1 -
I am quiet these days although I had few materials to write about. Like my journey of devdesk. I bought a proper chair. New mouse and got a mechanical keyboard. Work is fine but it is definitely not lack of rant-worthy moments. I had deactivated my Facebook and I wasn't that active on any other social network from the start. So all the more reason for me to be active here.
But turn out I'm not. I was thinking about it and this is my outcomes.
1) I'm focusing more on my tasks after adoption and practicing pomodoros technique. Hence using devrant lesser.
2) My right hand was literally unusable and unmovable for two times in past 5 weeks. Hence using phone lesser.
3) There was that notifications bug period and I thought people were just quiet like me. Hence more reasons to be less active.
4) devRant algo is good but not smart. It knows that I have a relation with PHP. But it doesn't know that I don't hate PHP. >>> How many times a week can you listen/ignore to people saying "Hey your wife is a silicone doll?" Fuck you. I know. But I'm married to my silicone doll. So fuck off. <<< PHP is just an example. I literally close devrant whenever I see "(noun) is (something negative)" posts.
My hand will fully recover soon. (I do hope so). My tasks will not always be super overwhelming. The app's bugs are getting fixed.
However I have a doubt about the last point. -
Do you want to know why all the popular open source projects have less-than-optimal, sometimes really dirty code?
It's because their developers ditched all the unnecessary stuff to just get the damn thing done. When I choose an open source dependency, I don't need unfinished stuff. I need a stuff that works and has all the features I need from the very start. If it works, I don't care about code quality in my deps.
This is the reason why dirty, rushed stuff with a great idea behind it gains popularity. PHP, Git, jQuery, the list is quite large.
While you've been busy polishing your files hierarchy, these guys already shipped their product, gained adoption, and their userbase doesn't need your product anymore.
This is applicable only for true open source, not "it's developed by a full-time team of principal developers and the CTO is fucking Kent Beck, it costs $1m per month but yea we have it on github".3 -
I have become very fond of React, but the pushback I've experienced when suggesting typescript is crazy.
I think this is the reason why so many enterprise apps are written in Angular. Type safety isn’t a crutch, it's a tool. Plus, interfaces are a dev time construct, and will not bloat the codebase since it doesn’t transpile into js.
But Ts also gives us a lot of other goodies that allow for cleaner design patterns and a better adoption of oop principals.
Also, generics/constructor types, whatever you wanna call it, are your friends. An Array<SomeEntity> or SomeEntity[] will give you peace of mind I’m so many scenarios.
Anyway, I have bitched enough.
Rant over.
Have a wonderful Christmas, everyone.
Ps. This isn’t aimed at anyone in particular, but a the react community as a collective. :)3 -
!Rant.
After reading many articles and watching YouTube videos on Blockchain, how it works, the new framework etc etc. It's evident that blockchain can be used to eliminate many problem faced in different industries and so on. What I cannot seem to find is a perfect application of solution to these problems in real life. I know it's too early to speculate, but thinking of all the internal(or under the table money) transactions happening, what is the possibility of mass adoption of blockchain given these conditions.3 -
Angular 2 has had a rough year. Team announced that they "won't have breaking changes for 6 months" the day of 2.0.0's release. I just started studying it. I'm concerned about the adoption rate at this point...4
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I have been really busy lately so I would like to try and get rid of some running projects.
This means I am putting http://jsrant.com up for adoption. If you are interested in maintaining that project, contact me on GitHub: https://github.com/ChappIO/jsRant3 -
I started a rice after 3 years of happily using KDE, and apparently everything uses CSS for styling now? I'm not complaining, Polybar offered like 4 options and we just played around with glyph fonts, compared to that this is a joyride.
Also, Eww is brilliant. I've seen people make full fucking UIs and custom notification centers and shit with it. I don't have that much time on my hands, but the option is there. All this with janky Lisp and Sass.
Eww also confirmed a suspicion of mine regarding Orchid; language adoption is a matter of convenience. I can get people to learn my language by offering cool trinkets and useful tools to people who have a predisposition to learning. Yuck is an aptly named language but it's not totally unusable, and because I had to learn it to make my status bar I'm now more inclined to write the corresponding scripts in it as well and I'm actually quite disappointed that I have to use Bash for that. -
Google Gemini API for Rest is horrible. I dont know if anyone else feels this way. If you want to know how API References and related documentation SHOULD NEVER BE written that way, go check that out.
No wonder Google's GeminiAI adoption is so much lower.1 -
Being a Varikist is encountering in the same document one's own previously-written useless functions, which span across multiple lines, in addition to functions which only operate properly because the planets have aligned in something akin to an elliptic curve; these are not indecipherable because the program entirely lacks comments, but because the comments pertain to a program which is somewhat different from that which one wishes to understand.
An example of this is “if senderOfMessage != regexpressiona...senderOfMessage = regexpressiona”; I am wholely uncertain of my reason for having written the program in this manner, but I will not be changing it, because my programs can be diplomatically described as having been developed with a utilitarian approach; they merely need to be functional, and, as such, a lot of repositioning is used during the development process. Of course, for the programs which I write for occupational reasons, I create flowcharts before beginning work on the program, and I imagine that the adoption of this habit for personal projects would likely not kill me.3 -
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Disposable Negative Pressure Wound Therapy Devices Industry to Hit USD 529.7 Million by 2034, Growing at a 6.3% CAGR
The global disposable negative pressure wound therapy (NPWT) devices market is set to experience significant growth, with sales projected to increase from USD 287.5 million in 2024 to USD 529.7 million by 2034, reflecting a CAGR of 6.3% during the forecast period. This growth underscores the rising demand for advanced wound care solutions, particularly for managing chronic conditions.
Key Market Drivers: Prevalence of Chronic Wounds and Diabetes
The increase in chronic illnesses such as diabetes has contributed to a surge in demand for disposable NPWT devices. Conditions like diabetic ulcers and pressure sores, which are among the most common chronic wounds globally, necessitate effective and convenient wound care solutions. Disposable NPWT devices are gaining traction as they offer a portable, single-use option that reduces infection risks and enhances patient compliance.
Market Trends: Innovation and Focus on Patient Care
Advances in NPWT technology, including more compact and user-friendly devices, have further propelled market adoption. The ability of these devices to improve wound healing outcomes, combined with their cost-effectiveness, is drawing attention from healthcare providers and patients alike. Additionally, the emphasis on infection prevention and faster recovery aligns well with the functionality of disposable NPWT devices.
Key Takeaways
The disposable NPWT devices market is anticipated to grow at a CAGR of 6.3% between 2024 and 2034.
Market valuation will rise from USD 287.5 million in 2024 to USD 529.7 million by 2034.
Rising incidence of diabetes and related chronic wounds, such as diabetic ulcers and pressure sores, drives demand.
Innovations in device design focus on improving portability, ease of use, and patient outcomes.
The global NPWT devices market continues to expand, addressing critical wound care needs.
With the increasing prevalence of chronic wounds and growing awareness of advanced wound care solutions, disposable NPWT devices are positioned to play a vital role in enhancing wound management globally.
Growth Drivers
Increasing Prevalence of Chronic Illnesses: The rise in chronic conditions, particularly diabetes, is leading to a higher incidence of diabetic ulcers and pressure sores, which are common types of chronic wounds requiring effective management solutions.
Advancements in Wound Care Technology: Innovations in NPWT devices, including smart technologies that enable real-time monitoring and improved patient outcomes, are driving market growth.
Rising Surgical Procedures: An increase in surgical interventions globally is contributing to a higher demand for NPWT devices to manage postoperative wounds and prevent complications such as surgical site infections.
Focus on Cost-Effective Healthcare Solutions: Healthcare providers are increasingly seeking cost-effective wound care strategies, making NPWT devices an attractive option for managing chronic wounds efficiently.
Growing Awareness and Accessibility: Enhanced awareness regarding the benefits of NPWT and improved accessibility to these devices are further propelling market growth.1 -
LOST BITCOIN RECOVERY SERVICE ⁄⁄ DIGITAL HACK RECOVERY
Digital Hack Recovery has emerged as a leading force in the intricate landscape of Bitcoin recovery, offering invaluable assistance to individuals and companies grappling with the loss or theft of their digital assets. In an era where the adoption of virtual currencies like Bitcoin is on the rise, the need for reliable recovery services has never been more pressing. This review aims to delve into the multifaceted approach and remarkable efficacy of Digital Hack Recovery in navigating the challenges of Bitcoin recovery. At the heart of Digital Hack Recovery's methodology lies a meticulous and systematic procedure designed to uncover the intricacies of each loss scenario. The first step in their methodical approach is the detection of the loss and the acquisition of crucial evidence. Recognizing that every situation is unique, the team at Digital Hack Recovery invests considerable time and effort in comprehending the nature of the loss before devising a tailored recovery strategy. Whether the loss stems from a compromised exchange, a forgotten password, or a hacked account, they collaborate closely with clients to gather pertinent information, including account details, transaction histories, and any supporting documentation. This meticulous data collection forms the foundation for an all-encompassing recovery plan, ensuring that no stone is left unturned in the pursuit of lost bitcoins. What sets Digital Hack Recovery apart is not only its commitment to thoroughness but also its utilization of sophisticated tactics and cutting-edge technologies. With a wealth of experience and expertise at their disposal, the team employs state-of-the-art tools and techniques to expedite the recovery process without compromising on accuracy or reliability. By staying abreast of the latest developments in the field of cryptocurrency forensics, they can unravel complex cases and overcome seemingly insurmountable obstacles with ease. Moreover, their success is underscored by a portfolio of case studies that showcase their ability to deliver results consistently..it is not just their technical prowess that makes Digital Hack Recovery a standout player in the industry; it is also their unwavering commitment to client satisfaction. Throughout the recovery journey, clients can expect unparalleled support and guidance from a team of dedicated professionals who prioritize transparency, communication, and integrity. From the initial consultation to the final resolution, Digital Hack Recovery endeavors to provide a seamless and stress-free experience, ensuring that clients feel empowered and informed every step of the way. Digital Hack Recovery stands as a beacon of hope for those who have fallen victim to the perils of the digital age. With their unparalleled expertise, innovative approach, and unwavering dedication, they have cemented their reputation as the go-to destination for Bitcoin recovery services. Whether you find yourself grappling with a compromised exchange, a forgotten password, or a hacked account, you can trust Digital Hack Recovery to deliver results with efficiency and precision. With their help, lost bitcoins are not merely a thing of the past but a valuable asset waiting to be reclaimed. Talk to Digital Hack Recovery Team for any crypto recovery assistance via their Email; digitalhackrecovery @techie. com2 -
Biostimulants Market Expected to Reach US$ 9.6 Billion by 2033 with a 10.8% CAGR
The biostimulants market is predicted to be worth US$ 3.4 billion in 2023, and rise to US$ 9.6 billion by 2033. Demand is expected to increase at a CAGR of 10.8% over the projected period.
Due to their numerous potential applications and promising futures, biostimulants are employed in horticulture and agriculture. Growing demand for eco-friendly agricultural solutions in developing nations like China and India opens up a new market opportunity for biostimulants producers.
Since food security and public health are closely related, all parties participating in the agri-food sector have sought to enhance sustainable food production. The largest phytopharmaceutical companies in Asia Pacific and Europe have intensified their production and research activities for natural products.
Lack of restrictions related to the product's commercialization may impede the market's development and expansion during the projection period. Growth is constrained by a lack of confidence in new products, a shortage of information about high-quality products, and a lack of clear regulatory.
In the majority of markets, the data requirements for the product are often obtained from those produced from synthetic substances. Similarly, there are still no well-established endpoints for risk evaluations despite the fact that these products have been used in commerce for years.
Key Takeaways
• By 2033, the US dominates the biostimulants market, with a CAGR of 9.6%.
• The market for biostimulants increased at a 10.1% CAGR between 2017 and 2022, citing FMI's study.
• The expansion in China is anticipated to expand at an adequate CAGR of 13.3% by 2033. China’s market is likely to generate a share of US$ 1.1 billion by 2033.
• Japan's market share for biostimulants is 10.8% by 2033, with the value of US$ 490 million.
• Between 2023 and 2033, the biostimulants market is likely to increase in South Korea at 11.6% CAGR, respectively.
• The expansion in the UK is anticipated to expand at an adequate CAGR of 9.9% by 2033. The UK's market is expected to generate a share of US$ 476.2 million by 2033.
• Based on active ingredients, the acid-based segment is expected to dominate the market with a CAGR of 10.6% by 2033.
• The adoption trends of biostimulants are predicted to change due to the rising demand for organic farming. As a result, the market is anticipated to increase positively by 1.09x between 2022 and 2023.
Key Strategies in the Industry
The main factor of the market's fragmentation is the growth of local players and regional marketplaces in various regions of the world. The two regions with the biggest market activity are North America and Europe.
UPL Limited, Biostadt India Limited, Isagro SPA, Valagro SpA, and Tradecorp International are a few of the leading businesses in the biostimulants market. For the purpose of expanding their businesses, these significant firms invest in new products, product improvement, expansions, and acquisitions.
Recent Developments
• A new line of biostimulant solutions based on GoActiv Technology was launched by UPL Australia in June 2021. These products are intended to target particular crop physiological "pain points" or abiotic stresses in fruit and vegetable, vine, and tree crops.
• Isagro Group acquired Phoenix Del in 2020 in order to increase the variety of copper-based fungicides and biostimulants it offers. The goal of this acquisition was to advance technology and transform the products in its "BioSolutions" section.
Key segments
By Active Ingredient:
• Acid-Based
• Extract-Based
• Others (including Microbial Amendment, Trace Minerals, etc.)
By Crop Type:
• Row Crops
• Fruits & Vegetables
• Turfs & Ornamentals
• Other Crop Types
By Application:
• Foliar
• Soil
• Seed
By Region:
• North America
• Latin America
• Europe
• South Asia
• East Asia
• Middle East & Africa
• Oceania -
Cancer Immunotherapy Market Extensive Industry Analysis, Growth Rate, Segmentation, Investment Opportunities and Top Manufacturers 2035
The global cancer immunotherapy market is on a promising trajectory, with a projected value increase from USD 134.40 billion in 2024 to USD 346.63 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8.8%. This innovative therapeutic approach leverages the body’s immune system to identify and combat cancer cells, presenting a compelling alternative to traditional treatments like chemotherapy and radiation, which often come with significant side effects.
Market Growth Projections
The market is anticipated to grow significantly, reaching USD 148.73 billion in 2025 before hitting USD 346.63 billion by 2035. The rising incidence of cancer globally, projected to see around 2,041,910 new cases and approximately 618,120 deaths in the U.S. alone by 2025, is a primary driver behind this growth.
Drivers of Growth
Key factors propelling the market include the increasing prevalence of cancer and a growing demand for targeted therapies. Cancer immunotherapy offers a more precise approach, effectively directing the immune response to target cancerous cells while sparing normal cells. This specificity has made it a preferred treatment modality, especially for patients who have developed resistance to traditional therapies.
Segmentation
The cancer immunotherapy market is segmented by several criteria:
1. Type of Product: This includes immune checkpoint inhibitors, cell therapies, cancer vaccines, immunomodulators, monoclonal antibodies, and oncolytic viral therapies.
2. Application: Key applications include breast cancer, colorectal cancer, head and neck cancer, lung cancer, melanoma, ovarian cancer, prostate cancer, pancreatic cancer, and others.
3. Route of Administration: Segments include intravenous (IV), intramuscular, and oral routes. Notably, the oral administration segment currently holds the largest market share due to patient preference for self-administration.
4. Mechanism of Action: This includes immune checkpoint inhibitors, tumor antigen targeted therapy, cell signaling modulators, and immune modulators.
5. Distribution Channel: The market is divided into hospital pharmacies, retail pharmacies, and online pharmacies, with hospital pharmacies accounting for the largest share.
6. End User: The primary end users include hospitals and clinics, cancer research centers, and other entities.
7. Geographical Regions: The market is analyzed across North America, Europe, Asia-Pacific, Middle East and North Africa, and Latin America, with North America currently holding the largest share.
Challenges
Despite the promising growth, the market faces significant challenges. The high costs associated with cancer immunotherapy, stringent regulatory guidelines, and tumor heterogeneity—which can complicate treatment efficacy—pose substantial barriers. Additionally, immune-related adverse events can hinder widespread adoption.
Key Players in the Industry
The competitive landscape features numerous established and emerging players actively engaging in research and development to enhance clinical pipelines for cancer therapies. Key players include AstraZeneca, Amgen, AbbVie, Bristol-Myers Squibb, and Pfizer, among others. These companies are involved in strategic initiatives such as partnerships and collaborations to advance their therapeutic offerings.
Recent Developments
Recent advancements in the field have seen significant investments in research to enhance cancer immunotherapy. For instance, collaborations like that between The University of Pennsylvania and the Parker Institute for Cancer Immunotherapy, which renewed their alliance with a USD 125 million investment, highlight ongoing efforts to push the boundaries of cancer treatment.
Conclusion
The cancer immunotherapy market is poised for significant growth, driven by increasing cancer incidence and the demand for more effective, targeted therapies. While challenges remain, ongoing research and developments promise to enhance the effectiveness and accessibility of immunotherapy treatments, making this an exciting area of focus within the biopharmaceutical industry.
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