"Cancer Drug Market Will Reach $75 Billion in 2012" Visiongain Report Predicts
A new report by visiongain predicts that the world market for cancer-treating drugs will reach $75 billion for 2012. That revenue forecast appears in Leading Anti-Cancer Drugs and Associated Market 2012-2022, published in February 2012. Visiongain is a business information provider based in London, UK.
The visiongain pharmaceutical industry analyst at visiongain, said, “Although oncology is one of the most researched areas of medicine, there remain un-met and under-met treatment needs. There is a need for well targeted therapies with better safety and efficacy. It is crucial that anti-cancer drugs have minimal side effects, so that the quality of patients’ lives can be enhanced. Pharma companies will further explore this field, making therapeutic progress this decade. In particular, companion diagnostic tests with drugs will help in cancer treatment, giving more-personalised, better-targeted medicine.”
Visiongain’s report provides revenue forecasts to 2022 at world market, submarket, product and national level. It forecasts world sales for the following submarkets:
• Traditional antineoplastic agents
• Novel antineoplastic agents
• Hormone therapies
• Other agents
That investigation forecasts sales of 25 leading drugs in the anti-cancer treatment market, including Avastin, Rituxan, Herceptin and Glivec/Gleevec. The study also assesses eight recently approved drugs. Research, data and analyses cover activities of Roche, Novartis, AstraZeneca, Eli Lilly, Celgene and other pharmaceutical companies.
The analysis includes researching the oncology R&D pipeline, interviewing authorities on the industry and forecasting revenues in leading national markets. Countries analysed are the US, Japan, the EU5 and BRIC countries. Leading Anti-Cancer Drugs and Associated Market 2012-2022 adds to visiongain’s range of analytical reports on industries and markets in healthcare.
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