Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.57 Billion | USD 5.58 Billion | 9% | 2023 |
According to the report published by Zion Market Research, the global Oncology Adjuvants Market size was valued at USD 2.57 Billion in 2023 and is predicted to reach USD 5.58 Billion by the end of 2032. The market is expected to grow with a CAGR of 9% during the forecast period. The report analyzes the global Oncology Adjuvants Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Oncology Adjuvants industry.
Oncology adjuvant treatment is a treatment for the cancer therapy, wherein which after the primary treatment the cancer treatment is involved. The reoccurrence of the cancer is minimized by the oncology adjuvants treatment. The oncology adjuvant therapy consists of hormone therapy, chemotherapy, radiation therapy, targeted therapy, or biological therapy. Before taking the option of the adjuvant therapy several factors need to be considered by the oncologists such as the statistical data before opting for suitable. The chances of the cancer patients surviving is more in this therapy. Many types of cancers can be treated with the help of Oncology adjuvant therapy such as colon, prostate, lung, breast, and others forms of gynecological cancers.
The global market for oncology adjuvants is fragmented into its applications, indication, and end user.
According to the applications, the global market is segregated into chemotherapy, hormone therapy, immunotherapy, targeted therapy, radiotherapy, and others.
According to the indication, the market is categorized into breast cancer, glioblastoma, lung cancer, colorectal cancer, ovarian cancer, sarcoma, prostate cancer, and others.
According to the end user, the market is divided into cancer hospitals and cancer research institutes.
The increasing number of cancer cases across the world is the primary factor that is driving the Oncology adjuvants market. The policies that are positively revised by the government and the favorable reimbursement policies for the cancer treatment are the other factors that are contributing to the market growth. The increased research and development activities in the field of oncology adjuvants are opening up new opportunities for the market to grow.
Report Attributes | Report Details |
---|---|
Report Name | Oncology Adjuvants Market |
Market Size in 2023 | USD 2.57 Billion |
Market Forecast in 2032 | USD 5.58 Billion |
Growth Rate | CAGR of 9% |
Number of Pages | 206 |
Key Companies Covered | Amgen, Inc., Sanofi, Pfizer, Inc., Eli Lilly Co., BMS, AstraZeneca Plc, Biogen, and others |
Segments Covered | By applications, By indication, By end user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The geographical diversification of the market for oncology adjuvants is given as the Middle East & Africa, Western Europe, Eastern Europe, North America, Latin America, and Asia Pacific. The regions that are holding the major market share in the oncology adjuvants market is Europe and North America. The major factor that attributes to this growth is the increasing occurrences of the cancer disease. Other factors that project in developing the market in these regions are the revised reimbursements policies, emerging healthcare facilities, and the rise in the per capita healthcare spending in order to give quality healthcare facilities.
Europe and North America is followed by Asia Pacific region in terms of the market share. The developing nations such as China and India are contributing a good share in the development of the market. Factors that have contributed to the market growth in this region include increasing cases of cancer, advanced development in the healthcare infrastructure coupled with the rise in the medical tourism. All these factors will contribute to the oncology adjuvants market growth in the coming years in Asia Pacific region.
The key market players that are involved in the oncology adjuvants market include:
By indication
By end user
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