DUBLIN--(BUSINESS WIRE)--Jul 12, 2019--

The cancer therapeutic drugs market is projected to grow at a CAGR of 6.87% to reach US$223.141 billion by 2024 from US$149.750 billion in 2018.

The cancer therapeutic drugs market is expected to grow at a fast pace during the forecast period due to the growing incidence of cancers worldwide. Geographically, North America is expected to hold the highest market share owing to the highest health spending of the United States among all the developed regions, in addition to having a high cancer prevalence in the country. Growing adoption of unhealthy living conditions is further emanating the market growth during the forecast period.

Furthermore, growing cancer drug spending is driving the growth of the global cancer therapeutics market during the forecast period. The growing number of clinical trials have improved the chances of new innovations for targeted cancer treatment, emanating the market growth during the forecast period and beyond. Growing health awareness among people worldwide will lead to early diagnosis, further leading to the treatment of cancer, when detected at an early stage, thus, propelling the market growth in the forecast period.

Market Dynamics

Drivers

  • Rising cancer incidences worldwide
  • Growing cancer drug spending
  • Increasing health awareness among people worldwide

Restraints

  • The high cost of cancer treatment

Industry Update

  • On 17th June 2019, Pfizer announced that it has entered into a definitive merger agreement under which it will acquire Array Pharma.
  • On 31st August 2018, Servier Pharmaceuticals announced that it has completed the acquisition of Shire's oncology business.

Key Topics Covered:

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Currency

1.5. Assumptions

1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

3. KEY FINDINGS

4. MARKET DYNAMICS

4.1. Market Overview and Segmentation

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Prevalence

4.5.1. By age group

4.5.2. By region

4.6. Product Pipeline

4.7. Innovations

5. CANCER THERAPEUTIC DRUGS MARKET BY INDICATION

5.1. Skin Cancer

5.2. Lung Cancer

5.3. Breast Cancer

5.4. Prostate Cancer

5.5. Others

6. CANCER THERAPEUTIC DRUGS MARKET BY PRODUCT TYPE

6.1. Revlimid

6.2. Avastin

6.3. Herceptin

6.4. Rituxan

6.5. Others

7. CANCER THERAPEUTIC DRUGS MARKET BY GEOGRAPHY

7.1. North America

7.1.1. USA

7.1.2. Canada

7.1.3. Mexico

7.2. South America

7.2.1. Brazil

7.2.2. Argentina

7.2.3. Others

7.3. Europe

7.3.1. Germany

7.3.2. France

7.3.3. United Kingdom

7.3.4. Spain

7.3.5. Others

7.4. Middle East and Africa

7.4.1. Saudi Arabia

7.4.2. Israel

7.4.3. Others

7.5. Asia Pacific

7.5.1. China

7.5.2. Japan

7.5.3. South Korea

7.5.4. India

7.5.5. Others

8. COMPETITIVE INTELLIGENCE

8.1. Competitive Benchmarking and Analysis

8.2. Recent Investments and Deals

8.3. Strategies of Key Players

9. COMPANY PROFILES

9.1. Pfizer Inc.

9.2. Celgene Corporation

9.3. F. Hoffmann-La Roche Ltd

9.4. Bristol-Myers Squibb Company

9.5. Novartis Pharmaceuticals Corporation

9.6. Janssen Global Services, LLC

9.7. Eli Lilly and Company

9.8. Merck & Co., Inc.

9.9. Astellas Pharma Inc.

For more information about this report visit https://www.researchandmarkets.com/r/ya92qu

Laura Wood, Senior Press Manager

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Related Topics:Oncology Drugs

KEYWORD:

INDUSTRY KEYWORD: PHARMACEUTICAL HEALTH ONCOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 07/12/2019 12:50 PM/DISC: 07/12/2019 12:50 PM

Copyright Business Wire 2019.

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