Press release
Global North American Oncology Drugs Market Projected to Grow at a CAGR of 7.66% From 2019 TO 2025
Axiom Market Research & Consulting
North American Oncology Drugs Market Key Players:
North America oncology drugs market is led by companies such as, Roche Holding AG (Switzerland), Amgen Inc. (United States), Takeda Pharmaceutical Company Limited (Japan), Bayer AG (Germany), Boehringer Ingelheim GmbH (Germany), Bristol-Myers Squibb Company (United States), Celgene Corporation (United States), Eli Lilly and Company (United States), Johnson & Johnson (United States), Merck & Co., Inc. (United States), Novartis AG (Switzerland), Pfizer Inc. (United States), Sanofi (France) and Teva Pharmaceutical Industries Limited (Israel) among others.
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North American Oncology Drugs Market Outlook:
A combination of factors such as technology innovations, medical insurance coverage, aging population and changing lifestyles are seen to affect the North American market dynamics significantly. In recent years, US Food and Drug Administration (FDA) has taken initiatives to support the growth of oncology drugs market by providing pre-market approval to the drugs, which are in the clinical phase; thus, accelerating the clinical development. The United States majorly contributed to the oncology drugs market in 2018, driven by rising demand and investment level of government.
North American Oncology Drugs Segmental Overview:
The North American Oncology Drugs market is segmented by therapeutic module, cancer type and geography
North American Oncology Drugs Market by Therapeutic Module:
• Chemotherapy
• Targeted Therapy
• Immunotherapy
• Hormonal Therapy
• Others
Chemotherapy dominated the global North American Oncology Drugs market in 2018.
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North American Oncology Drugs Market by Cancer Type:
By various cancer types, the North America oncology drugs market is segmented into blood cancer, breast cancer, gastrointestinal cancer, prostate cancer, lung cancer, skin cancer and others.
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North American Oncology Drugs Market by Geography:
Various countries included in the North America oncology drugs market are United States, Canada and Mexico. The United States majorly contributed to the oncology drugs market in 2018. Furthermore, Canada is anticipated to be second largest market in oncology drug market. The U.S. region houses companies engaged in the development of oncology drugs.
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Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals &Materials, Food & Beverages, Packaging Agriculture, Power & Energy.
Market research reports are based on scientifically developed statistics and content analytics tool ‘Qual-Quant Data Model’, in which various industry vertical’s qualitative information such as market drivers, restraints, opportunities, market trends, competitive landscapes etc. are tracked and compared. The tool also helps in the extraction of market size and growth rates and compares the value chain of the industry vertical.
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