Lung Cancer Therapeutics Market Trends, Size, Forecast - 2018-2023


Posted August 25, 2020 by pooja1919

Lung cancer therapeutics market is expected to grow at the CAGR of 13% during 2018-2023.
 
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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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated August 25, 2020