The Gynecological Cancer Drugs Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Gynecological Cancer Drugs Global Market Report 2024, The gynecological cancer drugs market size has grown strongly in recent years. It will grow from $13.87 billion in 2023 to $14.86 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to growing advancements in chemotherapy, hormone therapy developments, early detection and diagnosis, surgical innovations, government funding and research grants,increasing awareness and screening programs.
The gynecological cancer drugs market size is expected to see strong growth in the next few years. It will grow to $19.01 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to increasing incidence rates, advancements in biomarker research, government funding and support, growing aging population, clinical trial advancements.. Major trends in the forecast period include health equity and access initiatives, advancements in diagnostic tools, combination therapies and targeted agents, telemedicine and remote monitoring, patient-centric care models, collaborations and partnerships.
The prevalence of gynecological cancer is expected to propel the growth of the gynecological cancer drugs market going forward. Gynecologic cancer refers to any cancer that begins in a woman’s reproductive organs. Gynecological cancer drugs help reduce the prevalence of gynecological cancer by treating and managing the disease, preventing recurrence, and improving patient outcomes by applying different therapies. For instance, in February 2022, according to the World Ovarian Cancer Coalition, a Canada-based not-for-profit organization, ovarian cancer affected 313,959 women worldwide in 2020. This will have increased by 42% by 2040 to 445,721; between 2020 and 2040, there will be a 51% increase in the number of women dying from ovarian cancer, from 207,252 to 313,617. Therefore, the high prevalence of gynecological cancer is driving the growth of the gynecological cancer drugs market.
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The gynecological cancer drugs market covered in this report is segmented –
1) By Type: Alkylating Agent, Plant Alkaloid, Anthracyclines, Antitumor Antibiotic, Other Types
2) By Therapeutic Modality: Chemotherapy, Targeted Therapy, Hormonal Therapy
3) By Indication: Cervical Cancer, Uterine Cancer, Ovarian and Fallopian Tube Cancer, Vulvar Cancer, Vaginal Cancer
4) By End Users: Hospitals, Clinics, Specialized Cancer Treatment Centers, Other End Users
Advanced therapeutics are a key trend gaining popularity in the gynecological cancer drugs market. Major companies operating in the gynecological cancer drugs market are launching innovative therapeutics to sustain their position in the market. For instance in December 2021, the UK government, through the Scottish Medicines Consortium, announced the availability of an innovative combination for women with ovarian cancer. It’s the first time two ovarian cancer drugs, Olaparib (Lynparza) and bevacizumab (Avastin), are available in combination for newly diagnosed women with ovarian cancer. This combination will be available to women diagnosed with advanced, high-grade serous ovarian cancer. Through new genomic testing, tumors will be tested to see if they are more susceptible to these drugs (HRD testing).
The gynecological cancer drugs market report table of contents includes:
1. Executive Summary
2. Gynecological Cancer Drugs Market Characteristics
3. Gynecological Cancer Drugs Market Trends And Strategies
4. Gynecological Cancer Drugs Market – Macro Economic Scenario
5. Global Gynecological Cancer Drugs Market Size and Growth
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26. South America Gynecological Cancer Drugs Market
27. Brazil Gynecological Cancer Drugs Market
28. Middle East Gynecological Cancer Drugs Market
29. Africa Gynecological Cancer Drugs Market
30. Gynecological Cancer Drugs Market Competitive Landscape And Company Profiles
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