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2023 Ovarian Cancer Drugs Market Research Report: Market Size, Demand, Insights and Analysis 2032 | AstraZeneca plc, F. Hoffmann-La Roche AG, GlaxoSmithKline plc, Amgen Inc, Bristol-Myers Squibb Company

11-01-2023 05:55 AM CET | Health & Medicine

Press release from: The Business research company

Ovarian Cancer Drugs Market

Ovarian Cancer Drugs Market

As per The Business Research Company's Ovarian Cancer Drugs Opportunities And Strategies Market Report 2023, The global ovarian cancer drugs market size reached a value of nearly $2,675.8 million in 2021, having grown at a compound annual growth rate (CAGR) of 11.3% since 2016. The market is expected to grow from $2,675.8 million in 2021 to $5.593.6 million in 2026 at a rate of 15.9%. The global ovarian cancer drugs market size is then expected to grow at a CAGR of 13.4% from 2026 and reach $10,511.4 million in 2031.    

The increase in geriatric population is a major driver for the ovarian cancer drugs market as age is a key risk factor for ovarian cancer, with two-thirds of ovarian cancers occurring in women over the age of 55. Geriatric population often suffer with various diseases because of their age factor and most of the women aged above 65 suffer with ovarian related problems. For example, according to ACL (Administration For Community Living), a US-based government organization, the geriatric population is expected to increase by 21.6% by 2040.Therefore, increasing geriatric population will drive the ovarian cancer drugs market going forward.

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The antibody-drug conjugates or ADCs consist of a drug linked to an antibody that directly targets the cancer cell. Antibody-drug conjugates are novel therapeutic agents designed to target antigens specific to ovarian tumor cells with direct delivery of cytotoxic agents to combat recurrent, platinum-resistant disease while limiting systemic toxicity. As the field of targeted therapy continues to evolve, continued development of target antigens and ADCs are likely to represent a key development in treatment of ovarian cancer. Mirvetuximab soravtansine by ImmunoGen Inc., a US-based biotechnology company, is the only ADC that has been evaluated in a phase 3 trial. Mirvetuximab connects an antibody targeting the folate receptor alpha molecule on high-grade serous ovarian cancers to a drug molecule called DM4 that disrupts microtubule formation.

The top opportunities in the ovarian cancer drugs market segmented by drug type will arise in the alkylating agents market segment, which will gain $1,679.2 million of global annual sales by 2026. The top opportunities in the ovarian cancer drugs market segmented by tumor type will arise in the epithelial ovarian cancer market segment, which will gain $2,639.9 million of global annual sales by 2026. The top opportunities in the ovarian cancer drugs market segmented by distribution channel will arise in the drug stores market segment, which will gain $1,747.4million of global annual sales by 2026. The top opportunities in the ovarian cancer drugs market size will gain the most in USA at $1,027.6 million.

Ovarian Cancer Drugs Market Segmentation:
The Ovarian Cancer Drugs market is segmented by drug type, by tumor type and by distribution channel.

By Drug Type-
The ovarian cancer drugs market is segmented by drug type into
a) Alkylating Agents
b) Mitotic Inhibitors
c) VEGF/VEGFR Inhibitors

By Tumor Type-
The ovarian cancer drugs market is segmented by tumor type into
a) Epithelial Ovarian Cancer
b) Germ Cell Ovarian Cancer
c) Stromal Cell Ovarian Cancer

By Distribution Channel
The ovarian cancer drugs market is segmented by distribution channel into
a) Hospital Pharmacies
b) Drug Stores
c) Other Distribution Channels

Major players in the Ovarian Cancer Drugs market include AstraZeneca plc, F. Hoffmann-La Roche AG, GlaxoSmithKline plc, Amgen Inc, Bristol-Myers Squibb Company.

The regions covered in the global Ovarian Cancer Drugs market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The latest report from The Business Research Company, 'Global Ovarian Cancer Drugs Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.

Ovarian Cancer Drugs Market Report Table Of Content

1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
20. Pipeline Analysis
21. Key Mergers and Acquisitions
22. Opportunities And Strategies
23. Ovarian Cancer Drugs Market, Conclusions And Recommendations
24. Appendix

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