Press release
Oral Cancer Treatment Market Drivers Shaping Future Growth, Revenue USD 2.7 billion by 2030
Rise in prevalence of oral cancer and surge in government expenditure on healthcare drive the growth of the global oral cancer treatment market. However, adverse effects regarding usage of cancer drugs hinder the market growth. On the other hand, rise in number of pipeline drugs and untapped potential in emerging countries create new opportunities in the coming years.According to the report published by Allied Market Research, The global Oral Cancer Treatment Market Size was valued at USD 1.7 billion in 2020 and it is estimated to surpass around USD 2.7 billion by 2030 with a registered CAGR of 4.80% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
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Oral cancer is part of a group of cancers commonly known as head and neck cancer, and among head and neck cancers, they account for about 85% of this type. In addition, oral cancer accounts for approximately three to three percent of all cancers diagnosed annually in the United States, or approximately 53,000 new cases each year. In addition, oral cancer is more common in people over 40 and affects more than twice as many women. Most oral cancers are associated with smoking, alcohol consumption (or both) or human papillomavirus (HPV).
Top Key Players of Oral Cancer Treatment Market: -
• Merck & Co. Inc.,
• Sanofi S.A,
• Teva Pharmaceuticals Industries Ltd,
• Viatris Inc. (Mylan N.V)
• Bristol Mayers Squibb Company,
• Cipla Inc.,
• Eli-Lilly,
• F-Hoffmann-La-Roche,
• Fresenius Kabi Ag,
• Intas Pharmaceuticals Ltd.,
Global Oral Cancer Treatment Market Segmentation -
Based on drug type, the chemotherapy segment accounted for the highest share in 2020, contributing to around two-thirds of the global oral cancer treatment market, and is estimated to continue its leadership status during the forecast period. However, the targeted therapy segment is expected to witness the largest CAGR of 5.5% from 2021 to 2030.
By Drug Type
• Chemotherapy,
• Immunotherapy
• Targeted Therapy
Based on end-user, the hospital pharmacies segment held the highest share in 2020, accounting for more than half of the global oral cancer treatment market, and is projected to continue its dominance in terms of revenue during the forecast period. Moreover, this segment is expected to portray the highest CAGR of 4.9% from 2021 to 2030.
By End User
• Hospital Pharmacies,
• Drug Stores & Retail Pharmacies,
• Online Store
By Age Group
• 30-49,
• 50-69
• 70
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Based on region, North America contributed to the highest market share in 2020, accounting for nearly two-fifths of the global oral cancer treatment market, and is expected to maintain its lead position by 2030. This is due to rise in healthcare investments and prevalence of oral cancer in the region. However, LAMEA is expected to manifest the fastest CAGR of 6.3% during the forecast period.
By Region Outlook
North America
⦁ U.S.
⦁ Canada
⦁ Mexico
Europe
⦁ UK
⦁ Germany
⦁ France
⦁ Italy
⦁ Russia
⦁ Rest of Europe
Asia-Pacific
⦁ China
⦁ Japan
⦁ India
⦁ Australia
⦁ Rest of Asia-Pacific
LAMEA
⦁ Brazil
⦁ UAE
⦁ Turkey
⦁ Saudi Arabia
⦁ Rest of LAMEA
Our Market Research Solution Provides You Answer to Below Mentioned Question:
• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in the coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
• How big is the global & regional market in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• Which region has more opportunities?
Get Full Report: https://www.alliedmarketresearch.com/oral-cancer-treatment-market-A14903
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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