Latin America Oncology Drugs Market Report Covers Industry Landscape and Its Growth Prospects over the Coming Years

Oncology drugs include chemotherapy, hormone therapy, immunotherapy, and other drugs useful for cancer treatment. According to the CDC, 21.1 million adults are diagnosed with cancer by 2015 and are increasing the number of oncology drugs in the market. In Latin America and the Caribbean, about 1.1 million new cases of cancer and 600,000 cancer deaths are expected each year.

More fashionable growth of cancer, population growth and more dispatchable money with older parts of society, and an increase in awareness of therapy, technology and disease itself, drive market growth. However, the risks associated with anticancer treatment and the threat of side effects, combined with the high cost of drug development, inhibit market growth. Nonetheless, advances in cancer drug research due to biological / targeted therapies and tailor-made drugs provide promising opportunities for pharmaceutical, biopharmaceutical and biotechnology companies engaged in the development of cancer therapeutics.

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The companies operating in the market are
• Novartis A.G
• F. Hoffmann-La Roche Ltd
• Medley Genomics
• Eurofarma Laboratrios S.A.
• Ach Laboratrios Farmacuticos S.A.
• Laboratorios IMA
• Laboratrio Cristlia
• Icon Plc.
• Sanofi S.A
• Laboratoires Pierre Fabre.

The Latin America oncology drugs market is segmented on the basis of therapy modality, types of cancer, and country. Based on therapy modalities, the market is divided into chemotherapy, targeted therapy, immunotherapy (biologic therapy), hormonal therapy, and others. By type of cancer, the market is classified into blood cancer, breast cancer, gastrointestinal cancer, respiratory/lung cancer, skin cancer and other cancers. Based on country, the market is studied across Brazil, Argentina, Columbia, Chile, and Peru.

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Key Benefits
• The study provides an in-depth analysis of the Latin America oncology drug market along with current trends and future estimations to elucidate the imminent investment pockets.
• It presents a quantitative analysis from 2016 to 2023 to enable the stakeholders to capitalize on prevailing market opportunities.
• Extensive analysis of the market by product type elucidates the various forms of available oncology drugs.
• Key players are profiled and their strategies are analyzed thoroughly to predict the competitive outlook of the market.
• By geography, the market is analyzed across Latin America such as Brazil, Argentina, Columbia, Peru, and Chile.

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