About Chemotherapy
The chemotherapy is an aggressive form of chemical drug therapy meant to destroy rapidly growing cells in the body. It is generally used to treat the caner in which cancerous cell multiply faster than other cells. It is used in the combination with other therapies including surgery, radiation or hormone therapy. It has three main goals for chemotherapy includes cure, control and palliation of the cancer. The drugs used in the chemotherapy prevent cell division, targets the food sources of cancer cells such as the enzymes and hormones and triggers apoptosis.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is highly competitive with the active presence of dominant players. The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Chemotherapy market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Novartis AG (Switzerland), Pfizer Inc. (United States), Johnson & Johnson Services Inc. (United States), Bristol-Myers Squibb Company (United States), GlaxoSmithKline PLC (United Kingdom), Eli Lilly and Company (United States), F. Hoffmann-La Roche Ltd (Switzerland), Merck & Co. Inc. (United States), Sanofi S.A. (France) and Celgene Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are LEO Pharma A/S (Denmark), Bausch Health Companies Inc. (Canada), Sun Pharmaceutical Industries Ltd. (India), Aurobindo Pharma (India) and Hikma Pharmaceuticals PLC (U.K.),.
Segmentation Overview
AMA Research has segmented the market of Global Chemotherapy market by Type (Alkylating Agents, Anti-metabolites, Plant Alkaloids and Terpenoids, Podophyllotoxin, Taxanes, Topoisomerase Inhibitor, Anti-Tumour Antibiotics, Hormones, Monoclonal Antibodies and Others) and Region.
On the basis of geography, the market of Chemotherapy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Route of Administration, the sub-segment i.e. Intravenous will boost the Chemotherapy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Indication, the sub-segment i.e. Oncology/Cancer will boost the Chemotherapy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacy will boost the Chemotherapy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Dosage Form, the sub-segment i.e. Capsule will boost the Chemotherapy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Drug Class, the sub-segment i.e. Alkylating Agents will boost the Chemotherapy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising demand for personalized medicines
Market Growth Drivers:
Increasing prevalence of cancer and Increasing investment for healthcare infrastructure
Challenges:
High Development Costs
Restraints:
Toxicity and Side Effects
Opportunities:
Development of innovative technology of chemotherapy and Increase in the number of research and development activities
Market Leaders and their expansionary development strategies
In April 2023, BioNTech SE and Duality Biologics (Suzhou) Co. Ltd.announced collaboration agreements for two ADC assets to develop, manufacture and commercialize the two assets with this collaboration, ADCs will become an additional drug class in BioNTech’s oncology portfolio with the aim to further support BioNTech’s mission of developing highly efficacious therapies for cancer patients at every stage of disease.
In May 2022, Gland Pharma had announced the launch of Bortezomib for Injection in US market. Bortezomib for injection is employed for treating certain types of cancer including multiple myeloma and mantle cell lymphoma.
Key Target Audience
Chemotherapy Drug Manufacturers, Research Professionals, Emerging Companies, Government Body & Associations and End-user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.