Global Cancer Treatment Market is expected to reach USD 171,266 million in 2026 from USD 98,069 million in 2018 at a CAGR of 7.3% during the forecast period 2021–2026

Cancer Treatment Market 2021

The cancer treatment market is expected to witness exponential growth in the coming years as a result of the rising prevalence of various cancers across the globe and increasing spending on healthcare. Every year, the number of people suffering from cancer is growing at an unprecedented rate. Globally, 17 million people suffered from cancer in 2018, and it is expected to reach 27.5 million by 2040. Lung cancer is one of the most common types of cancer, followed by breast, bowel, and prostate cancer. For instance, 18 million and 17 million cases were found for lung cancer and breast cancer worldwide, respectively. In the U.S alone, 3 million men suffered from prostate cancer in 2019.  According to the American Cancer Society, in 2014, cancer patients paid approximately USD 4,000 million out-of-pocket for cancer treatment, and roughly USD 87.8 million was spent alone in the U.S. on cancer-related healthcare.

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The Major Manufacturers Covered in this Report:
F. Hoffmann-La Roche AG, Bristol-Myers Squibb Company, AbbVie, Inc., Johnson & Johnson, Celgene Corporation, Astellas Pharma, Inc., Pfizer, Inc., Novartis AG, Merck KGaA, and Eli Lilly, AstraZeneca plc, Bayer AG, and Takeda Pharmaceutical Company Limited.

Key Findings
Targeted therapy segment contributed 42% market share
Lung cancer emerged as the largest revenue generating application segment
Cancer and radiation therapy centers to grow at the fastest CAGR

Years that have been considered for the study of this report are as follows:

History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2026

Market Segmentation:

By Application
Blood Cancer
Lung Cancer
Colorectal Cancer
Prostate Cancer
Breast Cancer
Cervical Cancer
Others
By Therapy
Chemotherapy
Targeted Therapy
Immunotherapy
Hormonal Therapy
Others
By End-users
Hospitals
Specialty Clinics
Cancer & Radiation Therapy Centers

Regional Segmentation:

North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)

Additionally, the analysis also delivers a comprehensive review of the crucial players on the Cancer Treatment Market along with their company profiles, SWOT analysis, latest advancement and business plans.

Highlights of the Report:

Market growth capacity, chances, drivers and industry specific challenge.
Detailed information of  Cancer Treatment Market by pinpointing its many sub segments.
The important players and analysis of their growth plans.
Cancer Treatment Market recent innovations and major events 2021.
Comprehensive assessment of all opportunities and risk in the global market.

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