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Kidney Cancer Drugs Market Is Likely to Experience a Tremendous Growth by 2029

10-16-2023 07:01 AM CET | Health & Medicine

Press release from: Orion Market Research

Kidney Cancer Drugs Market Is Likely to Experience a Tremendous

The kidney cancer drugs market is anticipated to grow at a considerable 7.1% CAGR during the forecast year. The major factor that drives the global kidney cancer drug market during the forecast period is the increasing number of people suffering from kidney cancer. As per the American Cancer Society's recent estimates, in 2019, there were about 73,820 new cases of kidney cancer (44,120 in men and 29,700 in women). Kidney and renal pelvis cancer represent 4.2% of all new cancer cases in the United States. It was estimated that there were around 14,770 deaths in 2019, owing to Kidney and renal pelvis cancer. Furthermore, the increasing utilization of biologics and targeted therapies acts as a restraint for the kidney cancer drugs market. When kidney cancer is spread to other organs, targeted therapies are used to control kidney cancer where chemical drugs are ineffective.

Moreover, the market is also growing due to the new product launches. For instance, in September 2021, MSN Labs launched Cabolong, a branded generic of Cabozantinib. The drug is available in 20mg/40mg/60mg strengths for the treatment of renal cell carcinoma. Furthermore, in February 2021, Glenmark Pharma launched a generic of 'Sunitinib oral capsules' for the treatment of kidney cancer in India. The drug was priced 96% lower compared to the innovator brand.

Some major players in the market include Novartis International AG, Bristol-Myers Squibb Co., and  Merck & Co., Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in December 2021, BDR Pharma launched a generic version of Pazopanib in the Indian market. The drug is used for the treatment of advanced renal cell carcinoma and soft tissue sarcoma. 

To Request a Sample of our Report on Kidney Cancer Drugs Market:  https://www.omrglobal.com/request-sample/kidney-cancer-drugs-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Cancer Type
By End-User

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Novartis International AG, Bristol-Myers Squibb Co., and Merck & Co., Inc., among others.

Kidney Cancer Drugs Market Report by Segment

By Cancer Type

Clear cell RCC
Papillary RCC
Chromophobe RCC
Urothelial carcinoma/Transitional cell carcinoma
Others

By End-User

Hospitals
Clinics
Others

A full Report of Kidney Cancer Drugs Market is Available @ https://www.omrglobal.com/industry-reports/kidney-cancer-drugs-market

Kidney Cancer Drugs Market Report by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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