The oncology market, in terms of revenue, was valued at USD 93.60 Bn in 2016 and is expected to reach US$ 127.52 Bn by 2021.
Pune, Maharashtra -- (SBWIRE) -- 05/10/2018 -- Oncology is a study of Cancer. The illness is described by irregular cell multiplication, which is trailed by local tissue invasion. At an advanced stage of the disease, the cancer cells migrate to different parts of the body. Cancer is a hereditarily determined illness, with iterative transformations giving selective advantages to the cells with regards to the particular tissue site, trailed by clonal expansion. The oncology market, in terms of revenue, was valued at USD 93.60 Bn in 2016 and is expected to reach US$ 127.52 Bn by 2021.
Cancer is foreseen to become increasingly prevalent because of aging population and rising levels of obesity in the developed world. Besides, the advancement and approval of more targeted oncology treatments are foreseen to decrease toxicity and increase chemotherapy use in elderly patients. Targeted treatment organization will upturn the overall survival.
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Top Key Vendors:
Roche, Novartis, Celgene, Bristol Myers Squibb, Johnson & Johnson, Pfizer, Eli Lilly, AstraZeneca, AbbVie, Incyte, Eisai, Sanofi and Merck & Co
On the basis of cancer type, the global market is segmented into blood cancer, breast cancer, prostate cancer, skin cancer, and lung cancer among others. Among these, blood cancer segment represented a major share of the global oncology market in 2016 and is anticipated to hold the largest share of the overall market throughout the forecast period. The development of blood cancer segment is significant because of the high cost of the medications used to treat blood cancer. The prevalence of blood cancer is less in well-established countries, and also diagnosis rate is over 90%. This results in most of the individuals diagnosed striving for complete treatment to cure it. Because of the high disposable incomes of customers in developed nations, costly medication treatment of blood cancer is affordable in these regions.
The research for cancer drugs in Asia-Pacific and LAMEA is rising with the concentration towards the improvement of biosimilars. The predominance of high growth in developing nations, renders these districts as promising areas to direct clinical trials. In addition, the cost of clinical research is low in these region, because of the availability of an enormous population base and good government arrangements adding to the oncology/malignancy drugs showcase development in the developing nations.
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Table Of Content:
Chapter 1 Oncology Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
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