The global oncology drugs market is estimated to grow at a CAGR of 7.0% during the forecast period. Increasing cancer prevalence globally, improving healthcare infrastructure across emerging economies, rising health awareness, and growing focus of market players towards the development of cancer drugs and other therapeutic solutions are some of the driving factors for the market growth. Prevalence of various cancers such as colorectal and prostate cancer is primarily providing significant trust to the market growth. Furthermore, rising geriatric population, the increasing advancement of cancer screening tests, and increasing awareness among the population regarding the prevalence of cancer are some of the factors that are contributing towards the growth of the global oncology drugs market.
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Segmental Outlook
The global oncology drugs market is segmented on the basis of drug class type, indication, and regions. On the basis of the drug class type, the market is classified into chemotherapy, targeted therapy, immunotherapy, and hormonal therapy. Based on the indication, the market is sub-segmented into Lung cancer, colorectal cancer, prostate cancer, bladder cancer, liver cancer, and others. Colorectal cancer indication segment is estimated to contribute significant market share in the global oncology drugs market owing to the increasing prevalence of colorectal cancer across the globe.
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Market Segmentation
Global Oncology Drugs Market by Drug Class Type
Chemotherapy
Targeted Therapy
Immunotherapy
Hormonal Therapy
Global Oncology Drugs Market by Indication
Lung Cancer
Colorectal Cancer
Prostate Cancer
Bladder Cancer
Liver Cancer
Others (Stomach Cancer, Kidney Cancer, and so on)
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
AbbVie Inc.
Amgen Inc.
Astellas Pharma Inc.
AstraZeneca PLC
Bayer AG
Bristol-Myers Squibb Co.
Celgene Corp.
Eli Lilly and Co.
Exelixis, Inc.
F. Hoffmann-La Roche Ltd.
Johnson & Johnson Services Inc.
Merck & Co., Inc.,
Novartis AG,
Pfizer Inc.
Sanofi SA
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