Cancer Therapy Market is estimated to be US$ 360.9 billion by 2030 with a CAGR of 8.9% during the forecast period


 

The report "Cancer Therapy Market,  By Cancer Type (Breast Cancer, Prostate Cancer, Blood Cancer, Gastrointestinal Cancer, Respiratory/Lung Cancer, Gynecologic Cancer, and Other Cancer Types), By Treatment Type (Immunotherapy, Hormonal Therapy, Chemotherapy, Targeted Therapy, and Other Treatment Types), By End User (Cancer and Radiation Therapy Centers, Hospitals, and Specialty Clinics), and Region - Global Forecast to 2030" global cancer therapy market is projected to grow from US$ 66.5 billion in 2019 Certain factors that are driving the market growth include increasing Patient Assistance Programs (PAPs), increasing government initiatives for cancer awareness, rising prevalence of cancer worldwide, and strong R&D initiatives from key players.  The upsurge in demand for personalized medicine and high potential of developing nations is expected to provide new opportunities for the market players in future.

Key Highlights:

  • In January 2020, Medtronic Launches Efficio software to help clinicians efficiently manage targeted drug delivery therapy with SynchroMed
  • In January 2020, Roche announced the completion of a supplemental Biologics License Application (sBLA) submission to the US Food and Drug Administration (FDA) for Tecentriq® (atezolizumab) in combination with Avastin® (bevacizumab), for the treatment of people with unresectable hepatocellular carcinoma (HCC) who have not received prior systemic therapy.

Key Market Insights from the report:        

The global cancer therapy market accounted for US$ 66.5 billion in 2019 and is projected to register a moderate CAGR of 8.50% over the forecast period. The market report has been segmented on the cancer type, treatment type, end user, and region.

  • By cancer type, breast cancer is expected to dominate in this segment, due to higher and continuously increasing prevalence of breast cancer across the world.
  • By treatment type, the target therapy segment is dominating in this segment, due to its specificity toward cancer cells, while sparing the toxicity to off-target cells.
  • By end user, the global cancer therapy market is sub-divided into cancer and radiation therapy centers, hospitals, and specialty clinics.
  • By region, North America is projected to lead the global cancer therapy market and is expected to remain dominant during the forecast period, owing to the increased adoption of cancer therapy.

Before purchasing this report, request a sample or make an inquiry by clicking the following link:

https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/3768

The prominent player operating in the global cancer therapy market includes Medtronic Inc., F. Hoffman-La Roche Ltd., Universal Cancer Therapy Inc., LifeScan Inc., Abbott Point of Care Inc., Sysmex Corporation, Pharmaco-Kinesis Corporation (PKC), Bio-Rad laboratories Inc., Cancer Therapy International Pte. Ltd., ACON Laboratories, Inc., Nova Biomedical Corp.

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Sales

Prophecy Market Insights

Email- sales@prophecymarketinsights.com

Comments

Post a Comment

Popular posts from this blog

Osteoporosis Treatment Market is estimated to be US$ 17.68 billion by 2030 with a CAGR of 4.3% during the forecast period

Image
  The   Osteoporosis Treatment Market   accounted for US$ 11.60 billion in 2020 and is estimated to be US$ 17.68 billion by 2030 and is anticipated to register a CAGR of 4.3%. Osteoporosis is a condition in which body loses too much bone and there is an increase in bone weakness. The individual suffering from osteoporosis is more exposed to bone fractures. Hence, a proper treatment is required to cure and avoid the chances of complications. Osteoporosis, or thinning bones, can result in painful fractures. Risk factors for osteoporosis include aging, being female, low body weight, low sex hormones or menopause, smoking, and some medications. Prevention and treatment include calcium and vitamin D, exercise, and osteoporosis medications. The report “ Global Osteoporosis Treatment Market By Drugs Type (Selective Estrogen Receptor Modulators (SERMs), Rank Ligand (RANKL) Inhibitor, Calcitonin, Hormone Therapy, Parathyroid Hormone-Related Protein (PTHrP) Analog, and Bisphosphonates (Risedrona
Read more

Hand Sanitizers Market is estimated to be US$ 2.70 billion by 2030 with a CAGR of 7.50% during the forecast period

Image
  Hand Sanitizers Market  accounted for US$ 1.31 billion in 2020 and is estimated to be US$ 2.70 billion by 2030 and is anticipated to register a CAGR of 7.50%. Hand sanitizer is an antiseptic solution, also known as a hand disinfectant, hand antiseptic, hand rub. It is a liquid or gel containing alcohol use as an alternative to soap and water. It is used to clean the hands and kill infection-causing microorganisms. The main difference between washing hands with soap and hand sanitizer is soap work to remove all types of germs from hands, while sanitizer acts as killing germs present on the skin. It is an alcohol-based hand sanitizer work to reduce the number of germs but it is less effective in removing harmful chemicals, such as pesticides and heavy metals like lead. The report " Global Hand Sanitizers Market by Type (Gel, Foam, and Spray), By Application (Restaurant, Hospital, School, Household, and Office Building,), and By Region (North America, Europe, Asia Pacific, Latin Am
Read more

Sternal Closure Systems Market is estimated to be US$ 3.79 Billion by 2020 with a CAGR of 5.6% during the forecast period 2030

Image
  Sternal Closure Systems   Market  accounted for US$ 2.3 million in 2020 and is estimated to be US$ 3.79 billion by 2030 and is anticipated to register a CAGR of 5.6%.        The Sternal Closure Systems are used in bilateral thoracosternotomy, median sternotomy and hemisternotomy. Median sternotomy has become popular in early 1960s and remains gold standard approach in cardiac procedures. Sternal Closure Systems are used in stabilization and fixation of fractures at anterior part of chest wall. Change in lifestyle, lack of exercise and unhealthy diet has become common cause of cardiovascular diseases. Newly developed technology in medical field in metropolitan cities has given rise to heart surgeries which has boosts the Sternal Closure Systems Market. As cardiac surgeries had become routine surgery, it is determined that annually around one million heart surgeries are performed worldwide. Rate of coronary heart diseases are high in United States of America. According to data publishe
Read more