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Targeted Therapy Market Recent Trends, Growth, Demand, Top Companies And Industry Forecast By 2032
Targeted Therapy Market
The Business Research Company's Targeted Therapy Global Market Report 2023 identifies increasing prevalence of cancer as the major driver for the Targeted Therapy market's growth in the forecast period. 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
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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Major competitors in the Targeted Therapy market are 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., Bayer AG, Genentech, Inc., ChemGenex Pharmaceuticals Ltd., and Genmab A/S
A key trend in the Targeted Therapy market includes New product development. Major companies operating in the targeted therapy market are focused on developing new technological solutions to strengthen their position in the market
Read More On The Global Targeted Therapy Market Report Here:
https://www.thebusinessresearchcompany.com/report/targeted-therapy-global-market-report
The Targeted Therapy market is segmented -
1) By Type: Small Molecule Medicines, Monoclonal Antibodies
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
3) 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.
The Business Research Company's "Global Targeted Therapy Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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
.....
26. Africa Targeted Therapy Market
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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