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17-May-2023

Top 10 Cancer Drugs Market to Exhibits Remarkable Growth | $129.94 Million – By AMR

Top 10 Cancer drugs play a crucial role in the treatment of cancer. These medications target cancer cells, inhibit their growth, and help manage the disease. They include chemotherapy drugs, immunotherapy agents, targeted therapies, and hormone therapies. Cancer drugs continue to evolve and improve, offering new hope and improved outcomes for patients fighting this complex disease. The global top 10 cancer drugs market sales were valued at $63,619 million in 2018 and is expected to reach $129,948 million by 2026, registering a CAGR of 9.8% from 2019 to 2026.

Top 10 Cancer Drugs Market in Short:

CAGR: 9.8%
Current Market Size: USD 129,948 Million
Fastest Growing Region: APAC
Largest Market: North America
Projection Time: 2019-2026
Base Year: 2019

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Cancer drugs are often used in combination with other cancer treatments, such as surgery, radiation therapy, or immunotherapy, depending on the type and stage of cancer. The choice of cancer drug or combination of drugs will depend on various factors such as the type of cancer, the stage of cancer, the patient’s age, and general health, and potential side effects.

Value Propositions Related to The Report:

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  • Comprehensive quantitative and qualitative insights at segment and sub-segment level
  • Covid 19 impact trends and perspective
  • Granular insights at global/regional/country level
  • Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
  • Blanket coverage on competitive landscape
  • Winning imperatives
  • Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market

Covid-19 Situation –

  • Many cancer patients are at higher risk of severe COVID-19 infections due to weakened immune systems, and cancer treatment may further weaken the immune system, making it more difficult to fight off infections.
  • As a result, healthcare providers may need to carefully consider the risks and benefits of cancer treatment during the pandemic.
  • However, many efforts have been made to mitigate the impact of the pandemic on cancer patients.

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Some of the latest cancer drugs that have been approved by the US FDA include:

  1. Rybrevant (amivantamab-vmjw) by Janssen Biotech for non-small cell lung cancer with EGFR exon 20 insertion mutations
  2. Lumakras (sotorasib) by Amgen for advanced or metastatic non-small cell lung cancer with KRAS G12C mutation
  3. Margenza (margetuximab-cmkb) by MacroGenics for HER2-positive breast cancer
  4. Opdivo (nivolumab) by Bristol-Myers Squibb for adjuvant treatment of patients with urothelial carcinoma
  5. Taquibro (taquibrofenin) by Jubilant Radiopharma for hepatobiliary imaging

Major Key Market Players in the Industry –

  • Abbvie Inc,
  • Astellas Pharma Inc,
  • Astrazeneca Plc,
  • Bristol-Myers Squibb Company,
  • Celgene Corporation,
  • Hoffmann-La Roche Ltd,
  • Johnson & Johnson (Janssen Global Services, Llc,),
  • Merck & Co., Inc,
  • Novartis Ag,
  • Pfizer Inc

Market: By Region Outlook

  • North America (U.S., Canada, Mexico)
  • Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, Rest of LAMEA)

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Important Questions Being Answered by This Market Report Are –

Q1. What is the total market value of Top 10 Cancer Drugs market report?

Q2. What would be forecast period in the market report?

Q3. What is the market value of Top 10 Cancer Drugs in 2026?

Q4. Which is base year calculated in the Top 10 Cancer Drugs report?

Key findings of the study –

  • Keytruda is anticipated to grow at the highest rate during the analysis period.
  • The Europe cancer drugs accounted for 21.21% share of the global top 50 cancer drugs sales in 2018.
  • The top 10 cancer drugs accounted for 52.96% share of the global top 50 cancer drugs sales in 2018.

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Last Updated: 17-May-2023