Oncology Drugs Market: Global Industry Analysis and Forecast to 2024
Axiom
Market Research and Consulting added a, Oncology
Drugs Market Report,
By Therapeutic Modules, Cancer Type and Geography – Global Market Share, Trend
Analysis and Forecast up to 2024”.
The global oncology drugs market revenue is estimated to
reach USD 202.13 Billion by 2024 expanding at a CAGR of 7.8% from 2019 to 2024.
Immunotherapies/ biologics are emerging as potential
therapies to find the permanent cure for various cancer types. Amongst various
biologics, drugs based on monoclonal antibodies (mAbs) have gained significant
attention in recent years due to their high efficacy.
The cancer drugs market is driven by the growing prevalence
of various types of cancer, increasing demand of biological and targeted drug
therapies, continuous patent expiry of key cancer drugs and the rising impact
of biosimilars.
However, the high cost of drug development, the threat of
failure and the adverse effects of cancer drug therapy, particularly
chemotherapy, hinders the market growth.
Developed nations have implemented strict regulations for the
design and development of cancer drugs.
Oncology Drugs Market Analysis by Cancer Type:
Blood Cancer
Breast Cancer
Gastrointestinal Cancer
Prostate Cancer
Lung Cancer
Skin Cancer and others.
Oncology Drugs Market Analysis by Therapeutic Modules:
Chemotherapy
Targeted Therapy
Immunotherapy
Hormonal Therapy and others.
Oncology Drugs Market Analysis based Geography:
North America
Europe
Asia Pacific
Middle East and
Africa and Latin America.
Leading
Companies of Oncology Drugs Market:
Amgen Inc., Johnson and Johnson, Roche Diagnostics,
GlaxoSmithKline PLC, Merck & Company, Novartis AG, Pfizer, Sanofi, Eli
Lilly and Company, Celgene Corporation, Bayer, Amgen, Merck, Bristol-Myers
Squibb, Ariad Pharmaceuticals, Hoffmann-La Roche Ltd, Boehringer Ingelheim
GmbH, and Teva Pharmaceuticals among others.
About Axiom MRC:
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Consulting™ (also known as Axiom MRC), is a full-service market research and
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intelligence to companies to assist them in taking informed business decisions
pertaining to their marketing strategy, investments, new product launches,
market competition, consumer or end users, social media trends etc.
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