Press release
Anticancer Drugs Market to Hit USD 495.07 Bn by 2030, Growing at 12.1% CAGR
Anticancer Drugs Market
The global anticancer drugs market is experiencing substantial expansion, with its size valued at USD 222.57 billion in 2023 and projected to reach USD 495.07 billion by 2030, reflecting a compound annual growth rate (CAGR) of 12.1%.
This growth is driven by the increasing prevalence of cancer worldwide, advancements in drug development, and supportive regulatory environments facilitating the swift approval of new therapies.
๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/37133/
๐๐ง๐ญ๐ข๐๐๐ง๐๐๐ซ ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ง๐ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ:
In the United States, the oncology drugs market was valued at USD 150.2 billion in 2023 and is expected to grow at a CAGR of 15.51%, reaching nearly USD 412.2 billion by 2030.
This robust growth is attributed to advancements in cancer treatment and a high prevalence of cancer cases. Notably, ๐๐๐ข๐ณ๐๐ซ's $43 billion acquisition of biotech company ๐๐๐๐ ๐๐ง underscores the trend toward consolidation, aiming to enhance its oncology portfolio with next-generation cancer therapies.
๐๐ง๐ญ๐ข๐๐๐ง๐๐๐ซ ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ก๐ข๐ง๐:
China is witnessing a significant increase in demand for anticancer drugs, driven by a rising incidence of cancer and efforts to improve healthcare infrastructure. The focus on early detection and treatment accessibility presents substantial market opportunities. However, challenges such as balancing economic sustainability with access to new treatments remain, as highlighted by the projected global increase in spending on oncology therapies.
๐๐ง๐ญ๐ข๐๐๐ง๐๐๐ซ ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ซ๐จ๐ฉ๐:
Europe continues to be a significant player in the anticancer drugs market, with ongoing investments in research and development leading to innovative therapies. The region faces challenges related to the high cost of advanced biotherapies, necessitating strategies to balance economic sustainability and patient access to cutting-edge treatments.
๐๐ง๐ญ๐ข๐๐๐ง๐๐๐ซ ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ง๐ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐๐ง:
Japan's anticancer drugs market is expanding due to an aging population and increased cancer prevalence. The country is investing in innovative treatments, including immunotherapies and targeted therapies, to improve patient outcomes. Collaborations between domestic and international pharmaceutical companies are fostering the development and availability of new anticancer drugs.
๐๐ง๐ญ๐ข๐๐๐ง๐๐๐ซ ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:
South Korea is experiencing growth in its anticancer drugs market, supported by government initiatives to enhance cancer care and substantial investments in biotechnology. The country's focus on research and development is leading to the introduction of novel therapies, presenting opportunities for both local and global pharmaceutical companies.
๐๐ง๐ญ๐ข๐๐๐ง๐๐๐ซ ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐:
Singapore's strategic investments in healthcare infrastructure and emphasis on medical research are propelling the growth of its anticancer drugs market. The nation's commitment to becoming a biomedical hub in Asia is attracting pharmaceutical companies to establish research and development centers, fostering innovation in cancer treatment.
๐๐ง๐ญ๐ข๐๐๐ง๐๐๐ซ ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ ๐๐ง๐ ๐๐ก๐๐ข๐ฅ๐๐ง๐:
Vietnam and Thailand are emerging markets in the anticancer drugs industry, with increasing cancer incidence rates and efforts to improve healthcare services. These countries are focusing on enhancing access to cancer treatments and are potential markets for pharmaceutical companies looking to expand in Southeast Asia.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/37133/
๐๐ง๐ญ๐ข๐๐๐ง๐๐๐ซ ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐ฉ๐ ๐ซ๐๐๐ ๐ป๐๐๐
Cytotoxic Drugs
Alkylating Agents
Antimetabolites
Others
Targeted Drugs
Monoclonal Antibodies
Tyrosine Kinase Inhibitors
Others
Hormonal Drugs
Others
๐ฉ๐ ๐ป๐๐๐๐๐๐ ๐ป๐๐๐
Chemotherapy
Targeted Therapy
Immunotherapy
Others
๐ฉ๐ ๐ช๐๐๐๐๐ ๐ป๐๐๐
Breast Cancer
Lung Cancer
Stomach Cancer
Colorectal Cancer
Prostate Cancer
Liver Cancer
Others
๐ฉ๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐ช๐๐๐๐๐๐
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Breast cancer, lung cancer, stomach cancer, colorectal cancer, prostate cancer, liver cancer, and others are the many cancer types into which the market is divided. Over the course of the projection period, breast cancer is anticipated to dominate the market for anticancer drugs. The World Health Organisation (WHO) launched the Global Breast Cancer Initiative in response to the widespread impact of breast cancer. The initiative aims to prevent millions of deaths by 2040 by reducing the global breast cancer mortality rate by 2.5% yearly. A thorough approach to managing breast cancer, prompt diagnosis, and health promotion for early detection are the initiative's main tenets. A key component of accomplishing these goals is public education, which is supported by training for health workers and the creation of trustworthy referral channels.
๐๐จ ๐๐ข๐ง๐ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/request-sample/37133/
๐๐ง๐ญ๐ข๐๐๐ง๐๐๐ซ ๐๐ซ๐ฎ๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Global
1. Roche (F. Hoffmann-La Roche Ltd) (Basel, Switzerland)
2. Novartis (Basel, Switzerland)
3. Pfizer (New York City, New York, USA)
4. Merck & Co., Inc. (Merck Sharp & Dohme Corp.) (Kenilworth, New Jersey, USA)
5. Bristol Myers Squibb (New York City, New York, USA)
North America
1. Eli Lilly and Company (Indianapolis, Indiana, USA)
2. Johnson & Johnson (New Brunswick, New Jersey, USA)
3. Celgene Corporation (Summit, New Jersey, USA)
4. Gilead Sciences (Foster City, California, USA)
5. Amgen (Thousand Oaks, California, USA)
6. Incyte Corporation (Wilmington, Delaware, USA)
Europe
1. AstraZeneca (Cambridge, United Kingdom)
2. Sanofi (Paris, France)
3. Merck KGaA (Darmstadt, Germany)
4. Ipsen (Paris, France)
Asia Pacific
1. Takeda Pharmaceutical Company Limited (Tokyo, Japan)
2. Eisai Co., Ltd. (Tokyo, Japan
3. Astellas Pharma Inc. (Tokyo, Japan)
4. Daiichi Sankyo Company, Limited (Tokyo, Japan)
5. Kyowa Kirin Co., Ltd. (Tokyo, Japan)
6. Otsuka Pharmaceutical Co., Ltd. (Tokyo, Japan)
7. Shionogi & Co., Ltd. (Osaka, Japan)
8. Taiho Pharmaceutical Co., Ltd. (Tokyo, Japan)
๐๐ข๐๐ฐ ๐๐จ๐ฉ๐ฎ๐ฅ๐๐ซ ๐๐จ๐ฉ๐ข๐๐ฌ ๐๐จ๐ฐ:
Latin America Ventilator Market https://www.maximizemarketresearch.com/market-report/ventilator-market-latin-america/1970/
Global Band Ligators Market https://www.maximizemarketresearch.com/market-report/global-band-ligators-market/87188/
Malaysia Electric Vehicle Market https://www.maximizemarketresearch.com/market-report/malaysia-electric-vehicle-market/65822/
Kinetic Tiles Market https://www.maximizemarketresearch.com/market-report/kinetic-tiles-market/184256/
Cured-In-Place Pipe Consumption Market https://www.maximizemarketresearch.com/market-report/cured-in-place-pipe-consumption-market/194745/
Pedestrian Bridge Market https://www.maximizemarketresearch.com/market-report/pedestrian-bridge-market/194746/
Tile Adhesives and Stone Adhesives Market https://www.maximizemarketresearch.com/market-report/tile-adhesives-and-stone-adhesives-market/158274/
Europe Functional Cosmetics Market https://www.maximizemarketresearch.com/market-report/europe-functional-cosmetics-market/126144/
Global Health Care Social Media Marketing Market https://www.maximizemarketresearch.com/market-report/global-health-care-social-media-marketing-market/99853/
BRICS Diabetes Drugs Market https://www.maximizemarketresearch.com/market-report/brics-diabetes-drugs-market/356/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
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