According to a new report published by Allied Market Research, titled, “Global Oncology/Cancer Drugs Market by Drug Class Type, Indication, and Region: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The oncology drugs market size was valued at $135,494.17 million in 2020, and is projected to reach $274,400.63 million by 2030, registering a CAGR of 7.5% from 2021 to 2030. Cancer is caused when the cells present in the body grow at an uncontrolled rate leading to the formation of a tumor. Cancer has different stages based on its progression. Metastasis is the final stage of the disease, which is marked by the invasion of tumor into others parts of body. The management of cancer in patients requires the use of different drugs such as hormonal therapy, immunotherapy, targeted therapy, and chemotherapy.
Major drivers of the global oncology/cancer drugs market are increasing geriatric population, increasing incidence of cancer, early detection of cancer and increased R&D rate to develop cancer treatments have contributed to the market growth. It is also expected that recently promising pipeline drugs with high potential from emerging economies will provide lucrative opportunities for market expansion. However, adverse reactions related to cancer drugs are hindering the growth of the oncology drug market.
♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅:
https://www.alliedmarketresearch.com/request-sample/121
Major market players covered in the report –
AbbVie Inc.,
Amgen,
Astellas Pharma Inc.,
AstraZeneca PLC.,
Bristol-Myers Squibb Company,
F. Hoffmann-La Roche Ltd.,
Johnson & Johnson (Janssen Global Services, LLC,),
Merck & Co., Inc.,
Novartis AG, and
Pfizer Inc.
Cancer is caused when the cells present in the body grow at an uncontrolled rate leading to the formation of a tumor. Cancer has different stages based on its progression. Metastasis is the final stage of the disease, which is marked by the invasion of tumor into others parts of body. The management of cancer in patients requires the use of different drugs such as hormonal therapy, immunotherapy, targeted therapy, and chemotherapy.
As a guide, the breast cancer segment is the largest contributor in 2020 and is expected to continue this trend during the forecast period, due to the increase in the number of women with breast cancer. . In addition, acceptance of poor quality of life, increase in the number of geriatric women, exposure to harmful radiation, and increase in government schemes have also contributed to the growth of the oncology drug market. On the other hand, lung cancer is expected to exhibit the fastest market growth during the forecast period, due to high population growth, increasing geriatric population, changes in lifestyles People and smoking are increasing, including second-hand smoke, which can lead to lung cancer.
♦ 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:
https://www.alliedmarketresearch.com/request-for-customization/121
TABLE OF CONTENT –
CHAPTER 1 – INTRODUCTION:
1.1. Report description
1.2. Key market segments
1.3. List of key players profiled in the report
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2 – EXECUTIVE SUMMARY:
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3 – MARKET OVERVIEW:
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. Market Share Analysis/Top Player Positioning
3.4. Porter’s Five Forces Analysis
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities…
3.6. COVID-19 Impact Analysis on the market
♦ 𝐒𝐢𝐦𝐩𝐥𝐲 𝐒𝐩𝐞𝐚𝐤 𝐓𝐨 𝐄𝐱𝐩𝐞𝐫𝐭 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐂𝐥𝐚𝐫𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 –https://www.alliedmarketresearch.com/connect-to-analyst/121
Frequently Asked Questions?
Q1. What is the total market value of Oncology/Cancer Drugs market report?
Q2. Which are the top companies hold the market share in Oncology/Cancer Drugs market?
Q3. Which is the most influencing segment growing in the Oncology/Cancer Drugs market report?
Q4. What would be forecast period in the market report?
Q5. What is the market value of Oncology/Cancer Drugs market in 2020?
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