Chemotherapy Market 2020 SWOT Analysis, Competitive Landscape and Significant Gr

Posted by Apeksha on July 23rd, 2021

Global Chemotherapy Market: Information by Drug Class (Alkylating Agents, Mitotic Inhibitors, Antimetabolites, Topoisomerase Inhibitors and Antitumor Antibiotic), Indication (Lung Cancer, Breast Cancer, Colorectal Cancer, Prostate Cancer, Stomach Cancer, Lymphoma, Leukemia and Ovarian Cancer), Route of Drug Administration (Intravenous, Oral, Subcutaneous, Intra-Muscular, Intravesicular, Topical, Intraperitoneal and Intraventricular/Intrathecal) and End-User (Specialty Centers and Hospitals & Clinics) - Global Forecast till 2027

Chemotherapy is one of the most trustworthy methods used during the treatment of cancer. It is used in the prevention of the mitosis of cancer cells and used in the treatment of various cancers. The global chemotherapy market report compiled by Market Research Future (MRFR) contains a quantitative and qualitative analysis of drivers, trends, opportunities, and challenges.

Market Outlook

The global chemotherapy market size is likely to touch a size of USD 56,491.59 million by 2024 by showcasing a CAGR of 11.50% from 2019 to 2024 (forecast period). Rising cases of cancer is one of the biggest drivers of the market. According to the International Agency for Research on Cancer (IARC), cancer accounted for 18.1 million new cases. The number is high in countries dealing with changing lifestyles as well as rapid industrialization.

Rising health expenditure dedicated for oncology, attractive reimbursement schemes for patients, and rise in number of health insurance schemes are drivers of the market.

Competitive Analysis

Major industry participants in the global chemotherapy market include Celgene Corporation, Pfizer Inc., Novartis AG, Johnson & Johnson Services Inc, Eli Lilly and Company, GlaxoSmithKline PLC, Bristol-Myers Squibb Company, Sanofi S.A., Merck & Co. Inc., and F. Hoffmann-La Roche Ltd. Acquisitions, mergers, and product developments are major strategies employed by these players to gain an edge over the competition.

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Akash Anand

Market Research Future

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