Press release
Global Oncology Drugs Market Size to Grow at a CAGR of 7.30% in the Forecast Period of 2023-2028
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.
Oncology Drugs Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
• Historical Market Size (2022): USD 156.73 billion
• Forecast CAGR (2023-2028): 7.30%
• Forecast Market Size (2028): USD 239.19 billion
The market for oncology drugs is anticipated to expand as a result of the increasing incidence of various cancers like lung cancer. Prevalence of various cancers and tumours are on the rise due to factors like an ageing population and deteriorating lifestyles and poor diets of people worldwide due to their various commitments. The rise of the oncology drugs market is further fuelled by the increased focus on creating targeted therapeutics with precision medicine to offer better outcomes for patients.
Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/oncology-drugs-market/requestsample
Oncology medicine demand is also anticipated to be boosted by the development of novel cancer treatments and medications along with funding by various governments to improve healthcare infrastructure. However, the market development may be hampered by stringent governmental regulations and the relatively high expense of cancer treatments. Growing concern over the high cancer death rates and an increase in the demand for better research and development initiatives in cancer therapy are further boosting the demand for the market.
Significant market participants and healthcare organisations are stepping up their efforts to spread knowledge of the market's supply of cancer therapies including cutting-edge cancer treatments. Patients are choosing to receive therapy more frequently due to increased public knowledge, which will likely lead to a rise in the demand for specific treatment modalities, thereby aiding the oncology drugs market growth.
Oncology Drugs Industry Definition and Major Segments
Oncology is a branch of medicine dedicated to the diagnosis as well as treatment of tumours, malignancies, and cancer. Pharmaceuticals made specifically to target tumour cells and treat cancer are known as oncology drugs. While other modes of treatment may include radiation and surgery, drugs are a key component of oncology treatment, particularly for patients with less severe diagnoses.
Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/oncology-drugs-market
Based on drug class, the market is segmented into:
• Cytotoxic drugs
• Hormonal drugs
• Targeted drugs
• Others
On the basis of therapy, the market is divided into:
• Immunotherapy
• Chemotherapy
• Targeted Therapy
Based on indication, the market is categorised into:
• Stomach Cancer
• Colorectal Cancer
• Prostate Cancer
• Lung Cancer
• Breast Cancer
• Skin Cancer
• Bladder Cancer
• Others
By dosage form, the market is divided into:
• Solids
• Liquids
• Injectable
On the basis of distribution channels, the market is classified into:
• Retail Pharmacies
• Online Pharmacies
• Hospital Pharmacies
• Others
Based on region, the market is segmented into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Oncology Drugs Market Trends
A key trend in the oncology drugs market is the growing popularity of targeted therapy due to the numerous benefits it offers. Since the disease is the primary target of treatment, adverse effects that affect nearby healthy cells are minimised. The market need for tailored drugs is growing as a result of these qualities. Targeted therapies are also becoming more popular in emerging countries. The demand for targeted therapies is anticipated to grow further in response to the rising cases of cancer cases because of their capacity to specifically target malignant cells and manage some forms of metastatic cancer.
Over the forecast period, North America is anticipated to amass a significant revenue share in the global oncology drugs market. This is supported by the high cancer prevalence and positive regulatory environment that supports early approval of new treatment. Rising healthcare costs and an increase in geriatric population further promote the market growth in the region. Furthermore, the development of the North American oncology drugs market is anticipated to be aided by countries such as the United States with advanced healthcare systems, increased disposable incomes, awareness of novel treatments, and broad insurance coverage for these medications.
Key Market Players
The major players in the global oncology drugs market report are
• Abbvie Inc.
• Amgen, Inc.
• AstraZeneca PLC
• F. Hoffmann-La Roche Ltd
• Johnson & Johnson Services, Inc.
• Merck & Co., Inc.
• Novartis AG
• Others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
Global Red Biotechnology Market: https://www.marketwatch.com/press-release/global-red-biotechnology-market-trends-share-price-size-growth-analysis-key-players-outlook-report-forecast-2021-2026-2022-11-30?mod=search_headline
Global Rapid Self-Healing Gel Market: https://www.marketwatch.com/press-release/global-rapid-self-healing-gel-market-size-share-price-trends-growth-analysis-key-players-outlook-report-forecast-2021-2026-2022-11-30?mod=search_headline
Integrated Bridge Systems Market: https://www.marketwatch.com/press-release/global-integrated-bridge-systems-market-growth-share-price-trends-size-analysis-key-players-outlook-report-forecast-2022-2027-2022-11-28?mod=search_headline
Tax Management Software Market: https://www.marketwatch.com/press-release/global-tax-management-software-market-size-share-price-trends-growth-analysis-key-players-outlook-report-forecast-2022-2027-2022-11-28?mod=search_headline
Teledermatology Market: https://www.marketwatch.com/press-release/global-teledermatology-market-price-share-size-trends-growth-analysis-key-players-outlook-report-forecast-2022-2027-2022-11-28?mod=search_headline
Global Refinery Catalyst Market: https://www.expertmarketresearch.com/reports/refinery-catalyst-market
Global Retail Cloud Market: https://www.expertmarketresearch.com/reports/retail-cloud-market
South Korea Aquaponics Market: https://www.expertmarketresearch.com/reports/south-korea-aquaponics-market
South Korea Wastewater Treatment Market: https://www.expertmarketresearch.com/reports/south-korea-wastewater-treatment-market
South Korea Robot Vacuum Cleaner Market: https://www.expertmarketresearch.com/reports/south-korea-robot-vacuum-cleaner-market
Media Contact:
Company Name: Claight Corporation
Contact Person: Alex, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Oncology Drugs Market Size to Grow at a CAGR of 7.30% in the Forecast Period of 2023-2028 here
News-ID: 2931884 • Views: …
More Releases from Expert Market Research
Bed and Bath Linen Market Trends, Growth & Forecast 2025-2034
The global bed and bath linen market is witnessing strong growth due to increasing consumer focus on home décor, comfort, and luxury. Rising disposable incomes, urbanization, and the booming hospitality sector are further boosting demand for premium-quality bed sheets, pillowcases, towels, and bathrobes. Technological innovations in fabrics, such as antimicrobial, wrinkle-resistant, and sustainable textiles, are shaping consumer preferences. In addition, the expansion of online distribution channels has made luxury and…
Global Fruit Juice Market Size, Report and Forecast 2025-2034
The latest report from Expert Market Research titled, "Global Fruit Juice Market Size, Report and Forecast 2025-2034," offers a comprehensive analysis of the global fruit juice market, examining it across various segments such as types, flavours, distribution channels, and key regions.
The report identifies and tracks the latest trends shaping the industry and evaluates their impact on the overall market dynamics. It also provides a thorough assessment of the market, covering…
Global Fluorspar Market Forecast 2025-2034: Growth, Trends, and Key Insights
According to the latest report by Expert Market Research (EMR), the global Fluorspar Market Size is projected to grow at a CAGR of 5.60% between 2025 and 2034. The market is expected to experience significant growth by 2034, driven by the increasing demand for fluorspar across industries such as manufacturing, chemicals, and metallurgy.
Fluorspar, also known as fluorite, is a key industrial mineral composed of calcium fluoride (CaF2). It is crucial…
Why will smart pulse oximeters market hit $3.50Bn by 2034?
smart pulse oximeters market Overview
The smart pulse oximeters market has become a pivotal part of modern healthcare infrastructure, especially in the wake of increasing cardiovascular and respiratory ailments. These technologically enhanced devices measure blood oxygen saturation and pulse rate, often offering wireless connectivity to mobile apps for better health tracking. Their growing application in hospitals, ambulatory settings, and home healthcare environments reflects the market's evolving dynamics. Key drivers include the…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
