Press release
Global Iron Sucrose Injection Market Top Leading Players with Strategies and Forecast 2028
The global cytotoxic drugs market is anticipated to grow at a significant CAGR of 1.4% during the forecast period (2022-2028). Anticancer medications known as cytotoxic drugs are primarily used to treat cancer. Cancer cell's proliferation is slowed by these medications, that block the process of cell division in cancer cells. Cytotoxic medicines aid in the prevention of cancer metastasis and the alleviation of cancer symptoms. These medications are injected into the bloodstream and quickly spread throughout the body. Increased adoption of cytotoxic chemotherapy for the treatment of breast cancer; rising lung cancer prevalence; growing awareness of the importance of early cancer treatment; rising demand for alkylating agents and antitumor antibiotics for the treatment of various cancers in developed countries; and rising government initiatives to raise awareness and funds for the disease are all the driving factors boostingthe growth of the global cytotoxin market.Some major players in the market include Pfizer Inc. Ltd., Teva Pharmaceutical Industries Ltd., Mylan N.V., Johnson & Johnson Services, Inc. Bristol Myers Squibb Co., and others. The market players are serving significantly in the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, in order to stay competitive in the market. For instance-
In October 2021, NanoString Technologies, Inc. had launchedthe nCounter ADC Development Panel, a customized gene expression instrument for use in the rapidly increasing field of Antibody Drug Conjugates (ADCs). This novel nCounter ADC Development Panel will aid in the development of medications that can distinguish between healthy and cancer tissues using cytotoxic chemicals' cell-killing powers, reducing side effects on healthy tissues and cells.
In May 2021, Zydus Cadila had launchedglobe's first biosimilar version of trastuzumab emtansine, an antibody-drug combination that not only inhibits cancer cell development (trastuzumab) but also delivers a cytotoxic agent to the cancer cell, assisting in its destruction.
In April 2020, Roche Holding AGhad launched atezolizumab, a cytotoxic medication for the treatment of metastatic triple-negative breast cancer (TNBC) in India. This medication is used as a first-line treatment for TNBC patients when coupled with nab-Paclitaxel.
In January 2020, Pfizer has introduced cytotoxic medications in the USat a far lower price than the original manufacturers in order to expand the indication to include the treatment of epithelial ovarian and primary peritoneal cancer.
In May 2019, Teva Pharmaceuticals had developed a generic version of the cytotoxic medicine Tarceva 1 (erlotinib) tablets, that is a kinase inhibitor recommended for the treatment of patients with non-small cell lung cancer (NSCLC).
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Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Drug Class
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Pfizer Inc. Ltd., Teva Pharmaceutical Industries Ltd., Mylan N.V., Johnson & Johnson Services, Inc. Bristol Myers Squibb Co., and others.
A full report is available at: https://orionmarketreports.com/global-cytotoxic-drugs-market/94792/
Global Cytotoxic Drugs Market Report by Segment
By Drug Class
Alkylating
Antimetabolites
Antitumor Antibiotics
Plant Alkaloids
Others
By Application
Lung Cancer
Breast Cancer
Prostate Cancer
Pancreatic Cancer
Others
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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