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Cancer Therapeutics Drugs Market Trends

  • Report ID: 2951
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Cancer Therapeutics Drugs Market Trends

Growth Drivers

  • Extensive research associated with cancer treatment in western countries
  • Growing investment in the development of advanced therapies

Challenges

  • Expensive Cancer Treatment Therapies
  • Lack of Awareness About the Disease in Low and Middle-Income Economic Regions

Cancer Drugs Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

11.2%

Base Year Market Size (2023)

USD 168.46 billion

Forecast Year Market Size (2036)

USD 669.67 billion

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:

Author Credits:  Radhika Pawar


  • Report ID: 2951
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Greater exposure to risk factors and Growing investment in the development of advanced therapies are the key factors driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

Costly therapies and lack of awareness about cancer therapies in low and middle income economic regions are estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the increasing awareness about cancer.

The major players dominating the cancer therapeutics drugs market are F. Hoffman-La Roche Ltd, Celgene Corp, Novartis AG, Pfizer Inc, Johnson and Johnson, among others.
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