Germany Oncology Drugs Market Report with Executive Summary, Size, Analysis and Forecast to 2023-2028

The Germany Oncology Drugs Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Germany Oncology Drugs market. This report explores all the key factors affecting the growth of the global Germany Oncology Drugs market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Report Description of the Germany Oncology Drugs Market

Research Scope and Assumption

The report provides the market value for the base year 2020 and a yearly forecast up to 2028 in terms of revenue (USD billion)
The key industry dynamics, regulatory scenario, reimbursement scenario, major market trends, and drug markets are evaluated to understand their impacts on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis
We have used the combination of top-down and bottom-up approach for market sizing, analyzing key regional markets, dynamics, and trends for various solutions, services, and end uses
All market estimates and forecasts have been validated through primary interviews with the Key Industry Players (KIPs) and secondary analysis
Inflation has not been accounted for in order to estimate and forecast the market
Numbers may not add up due to rounding off

Research Objective:

To analyze and forecast the market size of Germany Oncology Drugs Drugs market
To classify and forecast Germany Oncology Drugs Market market based on application, drugs, project type, and application.
To identify drivers and challenges for Germany Oncology Drugs market
To examine competitive developments such as mergers and acquisitions, agreements, collaborations and partnerships, etc., in Germany Oncology Drugs market
To conduct pricing analysis for Germany Oncology Drugs Drugs market
To identify and analyze the profile of leading players operating in Germany Oncology Drugs market

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Analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders
To strategically profile key players and comprehensively analyze their market shares and core competencies
We have technically sound team which do a deep dive research and also provide strategy-based consulting analysis

Germany Oncology Drugs Market Executive Summary

In Germany, nearly a quarter of men and 20% of women die of cancer, and it is estimated that in Germany around 51% men and 43% women will develop cancer during lifetime, consequently leading to the growth of the market. The cancer diagnostics and profiling markets are growing, as the researchers approach major technological breakthroughs in tumor diagnosis and therapy, discover new specific antigens, and unlock the mystery of the genetic basis of the disease

Market Size and Key Findings

The Germany Oncology Drugs market size is at around USD xx billion in 2021 and is projected to reach USD xx billion in 2028, exhibiting a CAGR of xx% during the forecast period.

In Germany the cancer incidence case number as well as the number of deaths for the most common cancers in the German population for the years 2020 and 2030. By 2030, Breast Cancer cases (69,697) were seen to be the highest gaining 11% of the total cases observed in Germany followed by Prostate (67,959) and Lung Cancer (64,804) in the total cases (333,384) observed in 2020.

Market Dynamics

Market Growth Drivers Analysis

The driving factors for the growth of the cancer therapeutics market in Germany includes, ease in regulatory approval, increased healthcare spending for cancer, rising prevalence of cancer, strong R&D initiatives from key players.The direct cost of cancer has also increased, and thus, the cost of cancer drugs as a share of direct health costs has doubled. The increase in the cost of cancer treatment, along with drug prices, has resulted in the growth of the overall market. In addition, the heavy investments made in R&D activities have enhanced the development of cancer therapeutics. Furthermore, favorable government regulations for cancer therapeutics and a surge in cancer prevalence have boosted the market growth.

Market Restraints

Inequality in access of cancer therapy and high Cost of Cancer Therapies associated with the oncology drugs are negatively influencing the growth of the market.

COVID-19 impact on "Germany Oncology Drugs Market

The outbreak of COVID-19 has had a positive impact on the oncology drugs market globally. Certain market segments have witnessed a growth in demand for drugs with respect to the COVID-19 emergency. Panic buying of medications has been witnessed among the cancer patients amid lockdown

Competitive Landscape

Key Players

With an exceedingly competitive market comprising more than 40 companies, some of the renowned players are QIAGEN N.V., Abbott, Agilent Technologies, Applied Gene Technologies, Arca Biopharma, Beckman Coulter/Danaher, Becton Dickinsons and Others.

Products in Pipeline

Boehringer Ingelheim today announced the advancement of the bi-specific and tetravalent therapeutic antibody, BI 905711, to its first-in-human clinical trial for patients with advanced gastrointestinal (GI) cancers. The first-in-class BI 905711 antibody is designed to recognize both the pro-apoptotic tumor necrosis factor (TNF)-related apoptosis-inducing ligand receptor 2 (TRAILR2) and the tumor cell anchor cadherin 17 (CDH17) to activate the self-destruction (apoptosis) pathway in co-expressing tumor cells found mostly in the GI tract.

BI 905711is into Phase 1 clinical trials as we continue to grow oncology pipeline to transform patients lives. This bispecific platform has the potential to target complex mechanisms that may not be accessible with traditional antibody formats.

Notable Recent Deals

Boehringer Ingelheim andLupinLimited (Lupin)today announced a licensing, development and commercialization agreement forLupins MEK inhibitor compound (LNP3794) as a potential targeted therapy for patients withdifficult-to-treatcancers. The partnership aims to developLupinslead MEK inhibitor compound in combination with one of Boehringer Ingelheims innovative KRAS inhibitors forpatients with gastrointestinal and lung cancers harboring a broad range of oncogenicKRASmutations.

Healthcare Policies and Regulatory Landscape

Policy changes and Reimbursement scenario of Germany Oncology Drugs Services

Prices for cancer drugs, especially newly developed drugs are rising significantly. In Germany, for example, Dr. Lauterbach estimates that from now to 2030, within only 15 years, expenditure on cancer drugs will increase from about 6 billion Euros per year to possibly 40 billion Euros per year.

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Oncology Drugs Market Segmentation

By Cancer Type:

Breast cancer is the most prevalent cancer in the region, and the increasing incidence of this cancer and effective treatment of the targeted therapy in breast cancer patients are boosting the segment growth.

The cancer therapeutics market can be segmented based on the type of cancer as:

Breast cancer
Lung cancer
Colorectal cancer
Ovarian cancer
Blood Cancer
Prostate Cancer
Gastrointestinal Cancer
Gynecologic Cancer
Others

By Treatment Type:

Targeted therapy is also gaining traction due to its specificity toward cancer cells while sparing the toxicity to off-target cells.

Based on the type of treatment specified, the market is further segmented into:

Chemotherapy
Target Therapy
Immunotherapy (Biologic Therapy)
Hormonal Therapy

By End User Type:

In lines with the global scenario, the German oncology market can also be segmented based on end-users as

Hospitals
Specialty Clinics
Cancer and Radiation Therapy Centres

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Germany Oncology Drugs Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global Germany Oncology Drugs Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Germany Oncology Drugs market
Chapter 2: Exclusive Summary - the basic information of the Germany Oncology Drugs Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Germany Oncology Drugs
Chapter 4: Presenting the Germany Oncology Drugs 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 Germany Oncology Drugs 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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