In a recent published report, Kenneth Research has updated the market report for Oncology drugs Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Oncology drugs Market products.
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According to a report by the World Health Organization (WHO), the total health spending is growing with an annual average rate of 6% in the low- and middle-income nations, and close to 4% in the high-income countries. Further, in the year 2016, the expenditure made on health reached close to 10% of the GDP of the world and crossed a value of USD 7 trillion.
Global Oncology Drugs Market was valued at USD 89.7 Billion in the year 2018. Global Oncology Drugs Market is further estimated to grow at a CAGR of 6.6% from 2019 to reach USD 157.65 Million by the year 2025. Cancer Treatment Drugs are used to treat malignancies, or cancerous growths. Depending on the technology it cans classification into Chemotherapy, Targeted Therapy, Immunotherapy (Biologic Therapy), Hormonal Therapy and Others.
Oncology Drugs is widely used For Blood Cancer, Breast Cancer, Gastrointestinal Cancer, Prostate Cancer, Respiratory/Lung Cancer and Other Cancer Treatment. The most proportion of Oncology Drugs used for Blood Cancer and the proportion in 2017 is 22.74%.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
The structure of the global Oncology Drugs Market is broke down utilizing Porter’s Five Forces Model. As indicated by Porter’s examination, the haggling intensity of purchasers is low due mind-boggling expense of medications, lesser information about the items/drugs. Notwithstanding, the haggling intensity of providers will in general moderate inferable from their lower focus and necessity of higher capital venture. Disease drugs are generally ensured with IPR rights therefore, prompts increment in the hindrances for new contestants.
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global Oncology Drugs Market by helpful modalities is segmented into chemotherapy, Targeted treatment, Immunotherapy, Hormonal treatment and others. Immunotherapy commands the worldwide market for malignancy medicates because of its high adequacy and less symptoms. Monoclonal antibodies, for example, trastuzumab, bevacizumab and rituximab are potential immunotherapeutic operators that have accomplished unselfish deals. The disease immunotherapy Market is basically determined by immense research speculations from global organizations alongside research joint efforts for the advancement of malignant growth immunotherapeutics. In the course of recent years, directed malignant growth treatments have increased huge consideration because of their tumor cell explicit activity in shielding solid cells from the lethal impacts of Oncology Drugs.
Major market players in Oncology Drugs Market are Roche, HENGRUI, AstraZeneca, QILU, Sanofi, HANSOH, LUYE, Novartis, GuiZhou YiBai, Lunan, Eli Lilly and Company and brief information of 9 more companies is provided in the report.
Oncology Drugs Market Segmentation:
Oncology Drugs Market Overview, By Product
Antimetabolite
Alkaloid drugs
Hormone
Targeted drug
Platinum-based drugs
Other
Oncology Drugs Market Overview, By Application
ï¬Blood Cancer
ï¬Breast Cancer
ï¬Gastrointestinal Cancer
ï¬Prostate Cancer
ï¬Respiratory/Lung Cancer
ï¬Other
Oncology Drugs Market Overview, By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa
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Table of Content
1. Introduction
1.1 Industry Vision
1.2 Limitations
1.3 Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Turnover Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary
4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5. Threats
5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Oncology Drugs Industry, By Product
6.1. Antimetabolite
6.2. Alkaloid drugs
6.3. Hormone
6.4. Targeted drug
6.5. Platinum-based drugs
6.6. Other
7. Oncology Drugs Industry, By Application
7.1. Blood Cancer
7.2. Breast Cancer
7.3. Gastrointestinal Cancer
7.4. Prostate Cancer
7.5. Respiratory/Lung Cancer
7.6. Other
8 Geographical Analysis
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. RoE
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. RoAPAC
8.5. RoW
8.5.1. Latin America
8.5.1.1. Brazil
8.5.1.2. Argentina
8.5.1.3. Rest of Latin America
8.5.2. Middle East and Africa
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