Canada Oncology Drugs Market Report Focuses on Growth Prospects over the Coming Years with Top Most Industry Players as AstraZeneca Plc. GlaxoSmithKline, Eli lilly & Co., Roche diagnostics, Novartis AG and more

Oncology drugs help prevent, diagnose and treat cancer. It uses chemotherapy drugs, hormone therapy drugs such as Tamoxifen (brand name Nolvadex), immunotherapy drugs, and other drugs such as bosulif (bosutinib), bosutinib, brentuximab vedotin and brigatinib for cancer. According to the CDC, 21.1 million adults were diagnosed with cancer in 2015. This suggests that the number of oncology drugs in the market needs to increase rapidly. In 2017, about 206,200 cancers (males and females) are expected to be diagnosed in Canada. Half of these (103,200) will include lung cancer, breast cancer, colorectal cancer, and prostate cancer.

Increased awareness of cancer epidemics, population growth, and the availability of cancer treatments is driving market growth. However, the high costs associated with the development of new drugs and the threat of side effects and side effects associated with anticancer treatment are expected to curb growth in the Canadian oncology drug market. 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 cancer drug development.

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The companies operating in the market are
• AstraZeneca Plc. GlaxoSmithKline
• Eli lilly & Co.
• Roche diagnostics
• Novartis AG
• Pfizer Inc.
• Merck & Co.
• Gilead
• Sanofi S.A
• Celgene Corporation.

The Canada oncology drugs market is segmented on the basis of therapy modality and types of cancer. Based on therapy modality, the market is divided into chemotherapy, targeted therapy, immunotherapy (biologic therapy), hormonal therapy, and others. In terms of types of cancer, the market is classified into blood cancer, breast cancer, gastrointestinal cancer, respiratory/lung cancer, skin cancer, and others.

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Key Benefits
• The study provides an in-depth analysis of the Canada oncology drugs 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.
• The projections in this report are made by analyzing the current trends and future market potential from 2016 to 2023 in terms of value.

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