Antineoplastic Drugs Market Share, Growth Forecast Global Industry Outlook 2016 – 2030

Antineoplastic Drugs Market size was valued at USD 130 billion in 2021 and is projected to reach around USD 245 billion in 2030 exhibiting a CAGR of 8.0% in the forecasted period.

Cancer is a dangerous illness in which the patient’s body develops a tumour in a certain organ as a result of the growth of cancer cells. The body becomes weak and susceptible as a result of these malignant cells damaging the way that organ functions. Anti-cancer medications are hence the ones that are given to cancer patients to combat malignant cells.

The rising number of new incidences of neoplasms across the world, as well as the growing demand for low-cost medicines to cure them, has impelled the increase of the anti-neoplastic drugs market. As per the World Health Organization, one in each five men and one in every six women will have cancer in their lifetime, with one in each eight men and one in each eleven women dying from it. Several factors for the increasing cancer burden, comprising population increase and aging, and fluctuating prevalence of definite cancers linked to social and economic development. The amount of government initiatives intended at improving caused by cancer, has boosted anti-neoplastic drugs market growth. Rising investment in cancer research by international corporations owing to increasing cancer prevalence is projected to boost the market over the forecasted period. Moreover, the market’s anticipated growth is associated to increasing cancer cases and the health situations among cancer sufferers is budding. The increasing frequency of cancer, and the number of mortalities desire for cost-effective medicines over the predicted timeframe.

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Some of the key players operating in the global antineoplastic drugs market include:

• Hoffmann-La Roche
• Amgen
• Bristol-Myers Squibb
• Baxter Healthcare
• Boehringer Ingelheim
• Aspen
• Bayer AG
• Teva pharmaceutical Industries
• Johnson & Johnson
• Merc & Co.
• Other players

Segments

By Drug Class

• Cytotoxic
• Hormonal Therapy
• Targeted Therapy
• Monoclonal antibodies
• Small molecule inhibitors

By Distribution Channel

• Hospital Pharmacies
• Retail Pharmacies

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Key Questions Answered in This Report:

• How has the global Market performed so far and how will it perform in the coming years?
• What are the key regional Markets?
• What has been the impact of COVID-19 on the global Market?
• What is the breakup of the Market based on the type?
• What is the breakup of the Market based on the application?
• What is the breakup of the Market based on the manufacturing process?
• What is the breakup of the Market based on the price range?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global Market and who are the key players?
• What is the degree of competition in the industry?

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