China Cancer Drugs Market is expected US$ 30 Billion by 2024

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In China, cancer is a major public health concern. Several factors are responsible for the increasing prevalence of cancer in China such as extensive use of tobacco, unhealthy lifestyle and rising geriatric population. Almost one-third of the world’s lung cancer and nearly half of the liver, stomach and esophageal cases of cancer occur in China. China Cancer Drugs Market is expected to be US$ 30 Billion by the year 2024.

Cancer drugs act at various levels – cancer cells, extracellular matrix, endothelium, host cells or immune system. The cancerous cell can be targeted at the DNA, RNA or protein level. Most available chemotherapy drugs interact with tumor DNA while targeted drugs (monoclonal antibodies) and small molecules directed against proteins. With increasing incidence of cancer cases in China, rising per capita income in the region, growing awareness regarding cancer coupled with improving healthcare infrastructure and reimbursement on cancer drugs, it is believed that China Cancer Drugs Market will certainly touch new leap in the forthcoming years.

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The decision of using a cancer drug depends on several factors, including the type of cancer and the location of the cancer and its stage. Generally cancer drugs are administered intravenously; however, some cancer medicines can also be taken orally and others can be administered intramuscularly or intrathecally (within the spinal cord). The treatment of cancer is very intricate, the cancer drugs used to treat cancer cell, sometimes target normal cells, though cells that have undergone genetic changes and are dividing at a fast and uncontrolled rate. Apparently, there are certain anticancer drugs which can differentiate between healthy cells and the cancer cells.

With the advancement in medicinal technology, in the early 21st century, the identification of molecular features unique to cancer cells stimulated the evolution of targeted cancer therapies, which possess a pretty high degree of specificity for cancer cells. Today, across the globe, targeted therapy for cancer treatment is gaining popularity because targeted therapy are designed to block the growth and spread of cancer by interfering with a specific biochemical pathway central to the development, growth, and spread of that particular cancer unlike chemotherapy that act on all rapidly dividing normal and cancerous cells.

Chinese biopharmaceuticals industry is witnessing a rapid transformation as the government focuses on an innovation-driven economic by 2020. In the last two decades, China has invested a total of 18% of the world’s spending on Research and Development (R&D) across all sectors. Healthcare sector has a specific precedence, as the Chinese government facing dual challenges of improving the health of the population and maintaining the growth of the biopharmaceutical industry. Recently, the Chinese government has stepped up its efforts in reducing the cost of cancer drugs and has eliminated import tariffs on almost all cancer drugs, so that the Chinese patients need not have to give up their treatment. These recent developments will certainly drive China Cancer Drugs Market in near future.

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China Anti Cancer Drugs Market Summary
• On the basis of drugs type Cytotoxic Drugs controls the Anti Cancer Drugs Market in China. The report is further segmented into Targeted Drugs, Monoclonal Antibiotics, Hormonal Drugs, TCM and Others. Cytotoxic Drugs is further divided into Antimetabolites, Plant Alkaloids and Alkylating Agents.
• Based on Cancer types, Lung cancer drives the China Anti Cancer Drugs Market. The other cancer markets studied in the report are as follows: Lung, Stomach, Breast, Esophageal, Liver & Others.
• On the basis of Therapy type, China Anti Cancer Drugs Market is divided into following segments Chemotherapy, Targeted Therapy, Hormonal Therapy and Others.
• Companies studied in the report are as follows: Merck, Celegene, Eli Lilly, Roche, Sino & BioPharma

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Key Topics Covered :
1. Executive Summary
2. China Cancer Drugs Market
3. Market Share – China Anti-Cancer Drugs
4. Drugs – China Cancer Market
5. Cancer Type – Market
6. Therapy – China Cancer Market
7. Company Analysis
8. Growth Drivers
9. Challenges

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