Cancer Therapeutics Market is estimated to account for over US$ 140 billion by 2019. The market is anticipated to grow at a CAGR of ~7.7% from 2019 to 2030.
The market growth can be attributed to several factors, which has led to its wide-scale adoption. The increasing cancer prevalence globally and rising collaboration between pharmaceutical companies for cancer research activities are anticipated to further contribute to the substantial growth of the market between 2019 and 2030. However, high cost of this therapy for treatment along with adverse effects associated with cancer therapeutics is likely to restrain market growth to a certain extent.
Major Key Players of the Cancer Therapeutics Market are:
Amgen Inc., Bayer AG, Johnson & Johnson Services, Inc., Merck & Co., Inc., Novartis AG, Pfizer Inc., F. Hoffmann-La Roche Ltd, AstraZeneca, Bristol-Myers Squibb Company, Eli Lilly and Company among others.
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To obtain better insights regarding the market scenario, prominent players are increasingly focusing on collaborative initiatives with several institutes, research centers, and companies. For instance, in December 2018, Amgen and Direct Relief announced a joint initiative, were Amgen donated cancer treatments and supportive care medicines of worth $93 million to Direct Relief for distribution. This donation was provided to cancer patients in 18 developing countries.
Rising incidences & prevalence of cancer globally has been important factor which has played pivotal role in contributing to the extensive demand for cancer therapy. In 2018, according to the National Cancer Institute, U.S., it was estimated that there would be a staggering 1,735,350 new cases of cancer. It is further projected that the total incidence rate of worldwide cancer will increase by 62% from 2018-2040.
The Cancer Therapeutics Market is segmented on the basis of Types, Application and region.
Major Types of Cancer Therapeutics Market covered are:
- Chemotherapy
- Targeted Therapy
- Immunotherapy
- Hormonal Therapy
Major Applications of Cancer Therapeutics Market covered are:
- Blood Cancer
- Lung Cancer
- Colorectal Cancer
- Prostate Cancer
- Breast Cancer
- Cervical Cancer
Rising R&D activities and rise in their private & public funding is expected to positively impact the global market. Prominent players are trying to encourage technological advancements to develop the next generation cancer-targeting treatments through research & development collaborations. This has resulted in identification of new tumor targets and innovative approaches for treatment.
Research objectives:-
– To study and analyze the global Cancer Therapeutics consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Cancer Therapeutics market by identifying its various sub-segments.
– Focuses on the key global Cancer Therapeutics manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Cancer Therapeutics with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Contents
- INTRODUCTION
- Market Definition
- Market Classification
- Geographic Scope
- Years Considered for the Study: Historical Years – 2016 & 2017; Base Year – 2018; Forecast Years – 2019 to 2030
- Currency Used
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Data Validation and Triangulation
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESSMENT
- Overview
- Drivers
- Barriers/Challenges
- Opportunities
- UNIQUE SELLING PROPOSITIONS (USPs)
- Pipeline Assessment
- GLOBAL CANCER THERAPEUTICS MARKET – ANALYSIS & FORECAST, BY TREATMENT TYPE
- Chemotherapy
- Targeted Therapy
- Immunotherapy
- Hormonal Therapy
- Others
- GLOBAL CANCER THERAPEUTICS MARKET – ANALYSIS & FORECAST, BY APPLICATION
- Blood Cancer
- Lung Cancer
- Colorectal Cancer
- Prostate Cancer
- Breast Cancer
- Cervical Cancer
- Others
- GLOBAL CANCER THERAPEUTICS MARKET – ANALYSIS & FORECAST, BY END USER
- Hospitals
- Cancer Specialty Centers
- Others
- GLOBAL CANCER THERAPEUTICS MARKET – ANALYSIS & FORECAST, BY REGION
- North America Cancer Therapeutics Market
- Europe Cancer Therapeutics Market
- Asia Pacific Cancer Therapeutics Market
- Rest of the World (ROW) Cancer Therapeutics Market
- COMPETETIVE LANDSCAPE
- Key Players & Their Competitive Positioning (2018)
- Key Strategies Assessment
- New Product Launches
- Merger & Acquisitions
- Agreements, Collaborations, & Partnerships
- Expansions
- Other Strategies
- COMPANY PROFILES (Business Overview, Products Offered, Financial Performance, Recent Developments)*
- Amgen Inc.
- Bayer AG
- Johnson & Johnson Services, Inc
- Merck & Co., Inc.
- Novartis AG
- Pfizer Inc.
- F. Hoffmann-La Roche Ltd
- AstraZeneca
- Bristol-Myers Squibb Company
- Eli Lilly and Company *Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain
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In the end, Cancer Therapeutics industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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