Press release
Generic Oncology Drugs Market 2024-32: Industry Trends, Share, Size, Growth, Opportunity and Forecast
How Big is the Generic Oncology Drugs Market?
The global generic oncology drugs market size reached US$ 29.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 45.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4.98% during 2024-2032.
Request for a PDF Sample of this Report: https://www.imarcgroup.com/generic-oncology-drug-manufacturing-plant/requestsample
What is Generic Oncology drugs ?
Generic oncology drugs share the same active ingredients and are less costly than their branded non-biological counterparts. These drugs can be oral, intravenous, intramuscular, topical, or inhalant. Generic oncology drugs are similar to brand-name cancer care medications in terms of dosage, form, quality, strength, route of administration, performance characteristics, and intended use. They effectively assist in destroying, shrinking, and controlling cancer cells and are characterized by the difference in flavor and color from the original drug. Additionally, generic oncology drugs deliver equivalent clinical benefits, due to which they are largely used by hospitals and patients across the globe.
What are the growth prospects and trends in the Generic oncology drugs industry?
The global generic oncology drugs market is primarily driven by rising consumer awareness regarding the benefits of an early cancer diagnosis. The increasing cost of full-length cancer treatment and the surging demand for affordable and cost-effective drugs are further providing a considerable boost to the market growth. Moreover, the rising prevalence of cancer due to a sedentary lifestyle, the growing number of smokers, and excessive exposure to ultraviolet rays (UV) are other growth-inducing factors. Additionally, the surging healthcare expenditure and increasing consumer per capita income are positively contributing to the market growth. Apart from this, the expanding research and development (R&D) activities, the introduction of new generic drugs, and the patent expiration of blockbuster drugs are accelerating the market growth.
Key Market Segmentation:
The report has segmented the global generic oncology drugs market on the basis of region.
Regional Insights:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Ask Analyst for Customization and Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=545&flag=E
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Generic Oncology Drugs Market 2024-32: Industry Trends, Share, Size, Growth, Opportunity and Forecast here
News-ID: 3377440 • Views: …
More Releases from IMARC Group
Global Metal Casting Market Report 2025: Size Projected USD 325.69 Billion, CAGR …
According to the latest report by IMARC Group, titled "Metal Casting Market Size, Share, Trends and Forecast by Process, Material Type, End Use, Components, Vehicle Type, Electric and Hybrid Type, Application, and Region, 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on the global metal casting market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global metal casting market size…
Global Siding Market Edition 2025: Industry Size to Reach USD 142.3 Billion by 2 …
Market Overview
The global Siding Market size was valued at USD 104.8 Billion in 2024 and is expected to reach USD 142.3 Billion by 2033. The market is forecasted to grow at a CAGR of 3.46% during the period from 2025 to 2033. This growth is driven by increased worldwide construction activities, technological advancements in siding materials, heightened energy efficiency requirements, aesthetic demands, and regulatory guidelines.
Study Assumption Years
• Base Year: 2024
• Historical Year/Period:…
Global Sewing Machine Market Report 2025: Size Projected USD 7.1 Billion, CAGR o …
Market Overview
The global sewing machine market size reached USD 7.1 Billion in 2024. Forecasts by IMARC Group anticipate the market to grow to USD 10.5 Billion by 2033, demonstrating a compound annual growth rate (CAGR) of 4.4% between 2025 and 2033. Sewing machines, which stitch fabrics and pliable materials using components like spool pins and needles, are increasingly popular globally due to their utility in repairing and creating garments. Adoption…
Global Online Video Platform Market Edition 2025: Industry Size to Reach USD 2.8 …
Market Overview
The global online video platform market size was valued at USD 1.1 Billion in 2024 and is forecast to reach USD 2.8 Billion by 2033, growing at a CAGR of 10.2% between 2025 and 2033. North America dominates the market with over 37.9% share in 2024, driven by rising video content usage, smartphone proliferation, affordable data plans, and demand for face-to-face connections. The market is fueled by cloud infrastructure,…
More Releases for Generic
Prominent Generic Oncology Drugs Market Trend for 2025: Novel Formulations Trans …
Which drivers are expected to have the greatest impact on the over the generic oncology drugs market's growth?
The upward trend in cancer incidence is predicted to fuel the expansion of the generic oncology drugs market. Cancer, characterized by unregulated cell proliferation affecting numerous organs, results in considerable morbidity and mortality globally. The provision of affordable generic oncology drugs is an instrumental factor in cancer care, expanding access to vital treatments,…
Generic Theater Presents Flyin' West
NORFOLK, VA (August 2023) - Generic Theater inaugurates its 43rd season with Flyin' West, written by award-winning playwright and New York Times bestselling author Pearl Cleage. Terrance Afer-Anderson directs this production, running weekends September 8th - October 1st at Generic Theater, Norfolk's underground theater located in the basement of Chrysler Hall.
Following the end of the Civil War, many former slaves took advantage of The Homestead Act and went West to…
Generic Injectables Market growth is attributed to the increasing demand for Onc …
According to Precision Business Insights (PBI), the latest report, the generic injectables market will be worth USD 22.0 billion in 2022, growing at an 11.0% CAGR from 2022 to 2028. The global generic injectables market is segmented into the following types: Product Type (Monoclonal Antibodies, Cytokines, Insulin, Peptide Hormones, Blood Factors, Immunoglobulins, Peptide Antibiotics, Vaccines, and Others), Indication (Diabetes, Cancer, Cardiovascular Diseases, Musculoskeletal, CNS, Infections, and Others), Distribution Channel (Hospital…
A Demand On Generic Drugs Market And The Need To Push The Market Of Generic Drug …
Global Generic Drugs Market
A generic drug is pharmaceutical drug, which is bio-equivalent to a branded drug in all forms such as route of administration, strength, dosage, quality, intended use and performance. Generic drugs are usually approved after patent expiration of patent drugs. Generic drugs are safe, effective and FDA approved. The global market is filled with 44% of generic drugs.
The global generic drugs market is driven by the rise of…
Generic Drug Market: Global Generic Drug Share to Reach USD 380.60 Billion by 20 …
Zion Market Research has published a new report titled “Generic Drug Market by Brand (Pure Generic and Branded Generic) for Central Nervous System (CNS), Cardiovascular, Dermatology, Oncology, Respiratory and Others Therapeutic Applications - Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021”. According to the report, the global generic drug market accounted for around USD 200.20 billion in 2015 and is expected to reach approximately USD 380.60 billion by…
Generic Drugs: Global Collaboration Opportunities
Collaboration is the key to growth
With the recent economic turmoil affecting many markets around the world, the generic and branded sectors face similar problems.
At one time the generic sector was seen as a valuable way to bring effective products to a wider audience. This, allied to the rising cost of new advanced branded products, led to rapid expansion of the generics sector. Even markets traditionally based in the provision of…
