Press release
Skin Cancer Drugs Market: Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2020 – 2030
The global skin cancer drugs market is expected to decline from $1.4 billion in 2019 to $1.4 billion in 2020 at a compound annual growth rate (CAGR) of -3.4%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. Hospitals across the world have postponed the chemo treatments for cancer patients due to covid positive cases in the hospitals. The sessions are delayed or postponed to prevent patients and staff from unnecessary exposure. The cancer treatment can lower the patient`s ability to fight infection. COVID-19 pandemic is affecting industries across the globe including the pharmaceutical sector. The disruptions due to extended factory closures in various countries, shortage of APIs and other chemicals, rise in prices of key ingredients, and slowed production are the key factors for this decline. The market is then expected to recover and grow at a CAGR of 14.7% from 2021 and reach $2.5 billion in 2023.
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The skin cancer drugs market consists of sales of skin cancer drugs. Skin Cancer is an unrestricted growth of abnormal skin cells that lead skin cells to proliferate rapidly and form malignant tumors. Skin cancer can be of various types including Actinic Keratoses, Basal cell carcinoma, Squamous cell carcinoma or Melanoma. Examples of skin cancer drug include 5-FU, Aldara and Efudex.
Increasing use of biologics and targeted therapies is acting as a restraint in the Skin cancer drugs market. The targeted therapies drugs targets melanoma cells only. The chemical drugs attack any fast dividing cells while targeted therapies only attack the skin cancer causing melanoma cells.
Skin Cancer Drugs Market Segmentation:
By Type:
1.Actinic Keratoses (AK)
2.Basal cell carcinoma (BCC)
3.Squamous cell carcinoma (SCC)
4.Melanoma.
By End Users:
1.Hospitals
2.Cancer Research Centers
3.Clinics.
By Drug Class:
1.Chemotherapy
2.Immunotherapy
3.Targeted Agents
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Few Points From Table Of Content
1. Executive Summary
2. Skin Cancer Drugs Market Characteristics
3. Skin Cancer Drugs Market Size And Growth
4. Skin Cancer Drugs Market Segmentation
5. Skin Cancer Drugs Market Regional And Country Analysis
……
26. Key Mergers And Acquisitions In The Skin Cancer Drugs Market
27. Skin Cancer Drugs Market Trends And Strategies
28. Product Pipeline Analysis
29. Skin Cancer Drugs Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the Skin Cancer Drugs Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Skin Cancer Drugs Market are Novartis AG, Bristol Myers Squibb, Eli Lilly, Meda, Sun Pharmaceutical Industries Ltd, Roche, Aqua Pharmaceuticals, Bausch Health, GlaxoSmithKline PLC, Pfizer Inc, AstraZeneca, Sanofi SA, Qiagen, Boehringer Ingelheim, Elekta AB, Varian Medical Systems
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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