Lung cancer therapeutics market is expected to grow at the CAGR of 13% during 2018-2023. The global lung cancer therapeutics market is growing at a modest rate due to rise in incidence prevalence rate of lung cancer across the globe. The adoption of lung cancer drugs and innovative lung surgeries are expected to boost the global lung cancer therapeutics market. In addition, huge demand is created by rising diagnostic centres across the globe. Investment and grants from government and private players are driving the market. Successful clinical trials and FDA approval are the key factors creating huge scope in global lung cancer therapeutics market. Number of prescriptions for lung cancer therapeutics market drugs such as Platinol, Taxol, Gemzar, Alimta, Iressa, Xalkori & Tarceva is increasing. Personalized medicines and drug discovery & development has significant contribution in the growth of lung cancer therapeutics market.
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In addition, there are several other factors that are driving the market to grow such as the initiative taken by the government, rising awareness within individuals related to carcinogenic effects of smoking. Different nations imply different fines on smoking in public places. New combine therapies are being utilized for the treatment of the lung cancer. The market is also driven by the increase in the number of smokers globally. As per the Tobacco Atlas organization, in the year 2014, 5.8 trillion cigarettes were smoked globally. There are several different factors that tends to drive the market such as rising pollution due to urbanization, changing lifestyle, increasing number of lung cancer patients, and technological developments such as utilization of biomarkers for recognition of lung cancer.
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Lung Cancer Therapeutics Market segmentation
By drugs
Platinol
Taxol
Gemzar
Alimta
Iressa
Hycamtin
Gilotrif
Taxotere
Xalkori
Navelbine
Avastin
Tarceva
Others
By therapy
Chemotherapy
Targeted therapy
Immunotherapy
Radiation therapy
Others
By end user
Multispeciality hospitals
Cancer research centers
Competitive landscape
Market share analysis
Key company analysis
Regional analysis
North american
United states
Canada
Europe
U.k
Germany
Italy
Spain
France
Roe
Asia pacific
India
China
Japan
Roapac
Rest of the world
Company profiles
Abbvie
Agennix
Amgen
Astrazeneca
Boehringer ingelheim
Celgene
Celldex
Eisai
Eli lilly
F. Hoffmann-la roche
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