Press release
Breast Cancer Drugs Market 2020 By Geographical Statistics, CAGR, Trends And Growth Forecast To 2030 | Covid 19 Impact And Recovery
Breast Cancer Drugs Market
The global breast cancer drugs market is expected to decline from $14.8 billion in 2019 to $13.3 billion in 2020 at a compound annual growth rate (CAGR) of -9.9%. 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 7.3% from 2021 and reach $19.9 billion in 2023.
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The breast cancer drugs market consists of sales of breast cancer drugs and related services. This industry includes establishments that produce drugs used in chemotherapy, surgery and radio therapy for treating breast cancer.
The increasing prevalence of breast cancer is driving the breast cancer drugs market. Breast cancer is the most common type of cancer among women and affects around 2.1 million women each year. According to the World Health Organization, in 2018, an estimated 627,000 women died from breast cancer, accounting for 15% of all cancer related deaths among women. The factors responsible for breast cancer include heredity, age, lifestyle of a peson and is more common in developed countries. As the number of people diagnosed with breast cancer rises, the demand for breast cancer drugs increases, thereby driving market growth.
Breast Cancer Drugs Market Segmentation: -
By Drug Type
HER2 Inhibitors
Mitotic Inhibitors
Anti-metabolites
Aromatase Inhibitors
Hormonal Receptor
By End User
Hospitals
Clinics
Others
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Few Points From Table Of Content
1. Executive Summary
2. Breast Cancer Drugs Market Characteristics
3. Breast Cancer Drugs Market Size And Growth
4. Breast Cancer Drugs Market Segmentation
5. Breast Cancer Drugs Market Regional And Country Analysis
.
.
.
25. Breast Cancer Drugs Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Breast Cancer Drugs Market
27. Breast Cancer Drugs Market Trends And Strategies
28. Product Pipeline Analysis
29. Breast Cancer Drugs Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the Breast 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 Breast Cancer Drugs Market are F. Hoffmann-La Roche Ltd, Novartis AG, AstraZeneca, Eli Lilly and Company, Celgene Corporation, Biocon.
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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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