India Cancer Treatment Drugs Market Research Report, the most recent study from MarkNtel Advisors, facilitates stakeholders with crucial information on regional and markets. By providing useful information on market insights, definitions, classifications, manufacturing operations, development plans, and investments, this research aims to obtain an in-depth understanding of the market under study. The study also examines how recent trends and events have influenced India Cancer Treatment Drugs’s consumer prices, growth rates, and market share. Also, it pinpoints an overview of the sector, a thorough study of current market trends and changes, and projections for local growth. So, large organizations adapt to modern trends and technological breakthroughs.
India Cancer Treatment Drugs Market Report Overview –
Ongoing Trends: The Central Government is strengthening the Tertiary Care of Cancer Scheme to improve the resources available for tertiary cancer care. Under the program, 19 State Cancer Institutes (SCIs) and 20 Tertiary Care Cancer Centers (TCCCs) have so far received approval. Up until now, six institutions have been set up in Sikkim, Uttar Pradesh, Gujarat, Bihar, Tamil Nadu, and Kerala. The 33 other institutes are in various phases of development. For sounder care, therapies and medications are required, and thus advancing tertiary care is expected to shape the industry in the coming years.
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| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2018-21 |
| Base Year: 2022 | |
| Forecast Period: 2023-28 | |
| CAGR (2023-2028) | 12.2% |
| Region Covered | North, East, West, South |
| Key Companies Profiled | Amgen, Astellas Pharma Inc., AstraZeneca , Bayer, Bristol-Myers Squibb Company, Cipla, F. Hoffmann- La- Roche, Merck KGaA, Natco Pharma, Novartis AG, Pfizer |
| Unit Denominations | USD Million/Billion |
Industry Driving Factor: Cancer treatment has been one of the main focal areas of the Pradhan Mantri Jan Arogya Yojana in order to protect the beneficiaries from the catastrophic costs of cancer treatment. The delivery of services under the Ayushman Bharat Health and Wellness Centers (AB-HWCs) includes screening for three common malignancies, including oral, breast, and cervical cancers and other common non-communicable diseases.
Along similar lines, The National Pharmaceutical Pricing Authority (NPPA), which is part of the Ministry of Chemicals and Fertilizers, released a list of 390 non-scheduled anti-cancer medications in 2019 with MRP reductions of up to 87%. This action helped 22 lakh cancer patients in the nation and would save consumers about Rs. 800 crores annually. Following a decade of caution and organic growth, Indian pharmaceutical businesses are currently on an acquisition binge. And cancer medications seem to be their primary focus, thus driving the drug industry in the long run.
Available Opportunity for Player: The government has made numerous efforts to encourage Ayurveda research and the development of cancer therapies. The Central Council for Research in Ayurvedic Sciences (CCRAS), a government-established independent organization, has conducted research on cancer as well as work on drug development and the documentation of medical procedures, including the creation of AYUSH QOL2C to enhance the quality of life for those with the disease. Thus, Ayurveda-based medications are likely to present lucrative prospects for the industry contenders in the coming years.
Report Table of Content
- Introduction
- Product Definition
- Research Process
- Glossary
- Market Segmentation
- Executive Summary
- Expert Verbatim- Interview Excerpts of industry experts
- Impact of COVID-19 on India’s Cancer Treatment Drugs Market
- India Cancer Treatment Drugs Market Outlook, 2018-2028F
Geographical Dividation: The India Cancer Treatment Drugs Market is divided across four regions: –
- North
- West
- South
- East
Competitive Environment as stated by the Research Report On India Cancer Treatment Drugs Market
Market data for the India Cancer Treatment Drugs industry focuses on competing companies, analyzing their financials, reach, revenue, and potential in new markets. The analysis also reviews company strengths and weaknesses and aims to highlight areas of dominance in regions and market segments. Each rival undergoes individual examination to understand better how they achieve a competitive edge. The key companies profiled in the research report include: –
- – Amgen
- – Astellas Pharma Inc.
- – AstraZeneca
- – Bayer
- – Bristol-Myers Squibb Company
- – Cipla
- – F. Hoffmann- La- Roche
- – Merck KGaA
- – Natco Pharma
- – Novartis AG
- – Pfizer
Since the research report comprehends data from historical years (2018-21) and the base year to provide estimations of the forecast period (2023-28) altogether, the market players strategize and proceed with informed perspectives to yield larger profit margins in the coming years.
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Some of the Latest Market Investments and Development By Industry Leaders –
- In August 2022, AstraZeneca India, a pharmaceutical company, announced that the Drugs Controller General of India had given the go-ahead to commercialize its medication for breast cancer treatment, Lynparza (Olaparib), as a monotherapy. Lynparza is the first and only approved medicine targeting BRCA (Breast Cancer gene) mutations in early-stage breast cancer.
Market Segmentation as per the Research Report On India Cancer Treatment Drugs Market
The industry, taking into consideration, is robust and highly fragmented. Owing to this, our analyst classified the India Cancer Treatment Drugs Market into first and second level segments, enabling the stakeholders to gain actionable insights over numerous components of the market. Further, the market is broadly divided into the following segments,
Market Division Based On: By Treatment Type
- Chemotherapy
- Targeted Therapy
- Immunotherapy
- Hormonal Therapy
- Other Treatment Types
Market Division Based On: By Drug Class
- Cytotoxic Drugs
- Targeted Drugs
- Hormonal Drugs
- Others
Market Division Based On: By Type
- Blood Cancer
- Breast Cancer
- Colorectal Cancer
- Cervical Cancer
- Prostate Cancer
- Gastrointestinal Cancer
- Gynecologic Cancer
- Non-Hodgkin’s Cancer
- Respiratory/ Lung Cancer
- Stomach Cancer
- Other Cancers
Market Division Based On: By End-Users
- Hospitals
- Specialty Clinics
- Cancer and Radiation Therapy Centers
The segmentation section discusses the prominent components of the market that has either dominated the market in terms of revenue or sales, among others.
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