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Report ID: SQMIG35H2214
Report ID:
SQMIG35H2214 |
Region:
Global |
Published Date: July, 2024
Pages:
157
|
Tables:
112 |
Figures:
76
Global Cancer Therapeutics Market size was valued at USD 136.6 Billion in 2022 and is poised to grow from USD 149.02 Billion in 2023 to USD 299.13 Billion by 2031, at a CAGR of 9.1% during the forecast period (2024-2031).
Growing number of cancer patients around the world are projected to bolster the demand for cancer therapeutics over the coming years. High investments in oncology research and growing demand for better cancer treatments are also expected to generate new opportunities for cancer therapeutics companies going forward. Rising adoption of gene therapies and personalized medicine to treat different cancer indications will also supplement market growth in the future. Growing use of combination therapies and increasing spending by governments to support oncology research are also expected to uplift sales of cancer therapeutics across the study period and beyond. On the other hand, drug resistance, cancer heterogeneity, and adverse side effects of cancer therapeutics are key restraints that trouble cancer therapeutics providers around the world.
US Cancer Therapeutics Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35H2214