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Targeted Therapy Global Market 2023 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2032 | Amgen Inc., GlaxoSmithKline plc, Sanofi, Merck & Co., Inc., Pfizer Inc
Targeted Therapy Global Market
Targeted Therapy Market Size, Growth Rate, And Forecast
The global targeted therapy market size is expected to grow from $97.34 billion in 2022 to $106.79 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global targeted therapy market size is expected to grow to $148.38 billion in 2027 at a CAGR of 8.5%.
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Targeted Therapy Market Drivers
The increasing prevalence of cancer is expected to propel the growth of the targeted therapy market going forward. Cancer is a term for conditions where aberrant cells can infect surrounding tissues and divide uncontrollably. Targeted therapy can disable the signals that encourage the growth of cancer cells or signal the cancer cells to self-destruct. It employs medication to specifically target genes and proteins that support the growth and survival of cancer cells, thus increasing its demand.
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Targeted Therapy Market Segments
• By Type: Small Molecule Medicines, Monoclonal Antibodies
• By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
• By Application: Breast Cancer, Colorectal Cancer, Leukemia, Lung Cancer, Lymphoma, Renal Cancer, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Targeted Therapy market.
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Targeted Therapy Market Key Players
Major competitors in the Targeted Therapy market include Amgen Inc., GlaxoSmithKline plc, Sanofi, Merck & Co., Inc., Pfizer Inc., F. Hoffmann-La Roche Ltd., AstraZeneca, Bristol Myers Squibb, Takeda Pharmaceutical Company Limited, Novartis AG, Seagen Inc
The Business Research Company's "Global Targeted Therapy Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Targeted Therapy Market Include:
1. Executive Summary
2. Targeted Therapy Market Characteristics
3. Targeted Therapy Market Trends And Strategies
4. Targeted Therapy Market - Macro Economic Scenario
5. Targeted Therapy Market Size And Growth
……….
27. Targeted Therapy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Targeted Therapy Market
29. Targeted Therapy Market Future Outlook and Potential Analysis
30. Appendix
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