Title: Global Generic Oncology Drug Market Share, Size and Forecast 2017-2022
1 Global Generic Oncology Drug Market Share, Size
and Forecast 2017-2022
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Report Description
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3Report Description and Highlights
Report Description
Global Generic Oncology Drug Market Catalysed by
Increasing Number of Cancer Patients The global
generic oncology drug market has experienced a
significant growth in recent years. The primary
factor influencing the demand for generic
oncology drugs is rise in the population of
cancer patients. As a result of this, several
healthcare organisations are encouraging the use
of these drugs. The latest report by IMARC Group
titled, Generic Oncology Drug Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2017-2022, finds that the global
generic oncology drug market reached a value of
more than US 18 Billion in 2016, growing at a
CAGR of around 12 during 2009-2016. Generic
drugs account for almost 80 of the total
prescriptions across different medical
specialties. After branded drugs go off-patent,
manufacturers in the pharmaceuticals industry
secure the right to develop and sell a generic
version of those drugs. Generic drugs carry the
same functional properties as their branded
counterparts. Additionally, these are available
in the market at a much cheaper price almost
one-tenth of the branded drug. Currently, there
is a high demand for generic oncology drugs as a
result of a growth in the number of cancer
patients across the globe. Some of most commonly
diagnosed cancers around the world include lung,
breast, and colorectum cancers.
4Report Description and Highlights
Report Description
Request sample of the report http//www.imarcgrou
p.com/request?typereportid545flagB Highlight
s of the global generic oncology drug
market The market is driven by active
participation of the healthcare
organisations. The market is bifurcated broadly
as imatinib tablets and paclitaxel
injectables. The market is expected to reach a
value of more than US 32 Billion by 2022. To
get more information, please visit _at_
http//www.imarcgroup.com/generic-oncology-drug-ma
nufacturing-plant According to a research, in
2015 nearly 15 Million patients were diagnosed
with cancer, among which more than 8 Million lost
their lives to it. The major causes of the
dissemination of cancer on such a wide scale are
lack of awareness and high costs of treatment.
Most patients, particularly in the developing
regions, do not have access to expensive drugs
and therapies that are required to cure cancer.
Due to this, manufacturing of generic oncology
drugs is promoted by both, government and
non-government health organisations in order to
provide treatment to the maximum number of people
at affordable rate. Further, the market is
expected to reach a value of more than US 32
Billion by 2022.
5Report Description and Highlights
Report Description
- The market is segmented on the basis of product
type including imatinib tablet and paclitaxel
injectable. The market is also segmented on the
basis of key regions. Some of the major markets
for generic oncology drugs are the USA, China,
Brazil, Germany, and France. An analysis of the
competitive landscape provides the details of the
key players operative in the market. Some of the
major players are Teva Pharmaceuticals,
Novartis-Sandoz, Mylan, Freseunis, and Hospira. -
- The report by IMARC Group has examined the global
generic oncology drug market on the basis of - Product Type
- Imatinib Tablet
- Paclitaxel Injectable
- Key Regions
- USA
- China
- Brazil
6Report Description and Highlights
Report Description
- Germany
- France
- Key Players
- Teva Pharmaceuticals
- Novartis-Sandoz
- Mylan
- Freseunis
- Hospira
- Related Reports
-
- Brazil Generic Drug Market _at_ http//www.imarcgroup
.com/brazil-generic-drug-market - US Generic Drug Market _at_ http//www.imarcgroup.com
/us-generics-market
7Report Description and Highlights
Report Description
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