Canada NSCLC Drug Market Growing Trade Among Emerging Economies Opening New Opportunities

Report Overview

Canada NSCLC Drug market size stood at around USD XX billion in 2020 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of XX% during the forecast period.

In Canada, nonsmall cell lung cancer (NSCLC) is the most common type of lung cancer, accounting for 80% to 85% of all lung cancer cases. The highest ASIR of stage IV NSCLC was observed for Nova Scotia (38.5 per 100,000) and the lowest in Ontario (25.5 per 100,000). For stage IV SCLC, the highest ASIR was observed in Nova Scotia (9.0 per 100,000), but the lowest was observed in British Colombia (4.3 per 100,000). This increase, coupled with an anticipated rise in branded therapy prescriptions in Canada, will drive both the Canadian and global NSCLC markets over the forecast period.

Market Drivers

The increasing incidence of NSCLC will drive the growth of this market. The growing incorporation of premium-priced immune checkpoint inhibitor immunotherapies into the NSCLC treatment algorithm, particularly in the first-line setting, will be one primary driver. An increasing number of diagnoses of non-small cell lung cancer and the growing awareness in developed and developing markets are also contributing towards the non-small cell lung cancer drugs market growth. This, coupled with increasing investments by major players in research and development activities and the inclusion of non-small cell cancer drugs in pipelines of significant market players, also boosts the market growth.

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Major Players

In Canada, the majority of the drugs are being manufactured by global key players. Recently Takeda Canada Inc. has announced that Health Canada has issued approval for ALUNBRIG® (brigatinib tablets) as monotherapy for the first-line treatment of adult patients with anaplastic lymphoma kinase positive (ALK+) locally advanced or metastatic non-small cell lung cancer (NSCLC).

Some key players operating in this market are Boehringer Ingelheim Pharmaceuticals, Eli Lilly and Company, Pfizer, and AstraZeneca, etc.

 

The report delivers the challenges in front of the Canada NSCLC Drug Market 2023 that allows a better understanding of the market providing a helpful comprehensive evaluation and clear-cut dynamics associated with this market. The analyst has studied the current market scenario while concentrating on the new business objectives with the lucrative opportunities that are available. This report includes changes in customer requirements, customer preferences, and the vendor landscape in the industry with key factors that are expected to influence the overall dynamics of the Canada NSCLC Drugs Market including the current trends, growth opportunities, restraints, and market drivers.

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Market Segmentation

By Therapy:

Based on the therapy market is classified into targeted therapy (which can be further sub-segmented into bevacizumab, dabrafenib/trametinib, erlotinib hydrochloride, osimertinib, and others), immunotherapy (which can be further sub-segmented durvalumab, nivolumab, atezolizumab, pembrolizumab), and chemotherapy. The targeted therapy segment dominated the NSCLC drugs market in 2020.

By Distribution Channels:

The market is divided into hospital pharmacies, retail pharmacies, and online pharmacies based on the distribution channel. Hospital pharmacies accounted for the majority market share. In contrast, online pharmacies are the fastest-growing segment during the forecast period, owing to the increase in the number of internet users and surge in preference for online purchasing of drugs over the traditional methods.

 

Major Players

In Canada, the majority of the drugs are being manufactured by global key players. Recently Takeda Canada Inc. has announced that Health Canada has issued approval for ALUNBRIG® (brigatinib tablets) as monotherapy for the first-line treatment of adult patients with anaplastic lymphoma kinase positive (ALK+) locally advanced or metastatic non-small cell lung cancer (NSCLC).

Some key players operating in this market are Boehringer Ingelheim Pharmaceuticals, Eli Lilly and Company, Pfizer, and AstraZeneca, etc.

 

The Canada NSCLC Drug Market report is an easy-to-understand document giving section-wise details about the global market. Starting with the brief outline of the overall market, it will put forth the all-inclusive evaluated market statistics and different parameters for the forecast period. The report covers numerous aspects of the Canada NSCLC Drug market divided into product kind, application, and end-use, offering the report to assist the customers in improving their ability to make precise decisions related to the business under the Canada NSCLC Drug Market.

International Market Players will use the correct market facts and figures and applied math studies provided within the report back to perceive this and future growth of the worldwide Electrophoretic Canada NSCLC Drug market. Each section of the research study is specially prepared to explore key aspects of the global Canada NSCLC Drug Market. Buyers of the report will have access to accurate PESTLE, SWOT, and other types of analysis on the global Canada NSCLC Drug market. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.

This post-pandemic business planning research will aid clients to:
• Adjust their strategic planning to move ahead once business stability kicks in.
• Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

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Our qualified team of researchers, analysts, and consultants use in-depth qualitative research, quantitative research, and the latest recognized research techniques to offer an unrivaled level of detail and value to your research activities. Our market and competitive intelligence can be utilized by teams across multiple departments, including sales and business development, marketing, to:

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• Get to know about mergers and acquisitions
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Strategic Points Covered in Table of Content of Global Canada NSCLC Drug Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Canada NSCLC Drug market
Chapter 2: Exclusive Summary - the basic information of the Canada NSCLC Drug Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Canada NSCLC Drug
Chapter 4: Presenting the Canada NSCLC Drug Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Canada NSCLC Drug market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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