Global Generic Oncology Drugs market report highlights the key dynamics of the industry sector. The potential of the market has been investigated with the key challenges. The Generic Oncology Drugs market report provides additional information like sales, channels, distributors, Traders and Dealers, Sales Channel, Direct Marketing, Indirect Marketing, Marketing Channel, Future Trend and Distributor. This report focuses on the market especially in North America, South America, Europe and Africa. This Generic Oncology Drugs report categories market based on manufacturers, region, type and application. The main objective of the market report is to forecast the market size for varied regions.
The Generic Oncology Drugs report compromises thorough insights into the global industry that not only aids to compete with various competitors but also provides an analytical evaluation of the competition market size, shares and diverse other market needs. The Generic Oncology Drugs market research study analyse the market analytical and statistical research techniques to harness and elucidate the data in an intensely organized manner.
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The global generic oncology drugs market is expected to reach US$ 36,029.60 Mn in 2027 from US$ 21,200.00 in 2018. The market is estimated to grow with a CAGR of 6.3% from 2019-2027.
Key Competitors In Market are Teva Pharmaceutical Industries Ltd., Sandoz International GMBH, Glenmark, Sun Pharmaceutical Industries Ltd, MSN Laboratories, Aurobindo Pharma, Intas Pharmaceuticals, Zydus Cadila, Mylan N.V., Cipla Inc., Fresenius Kabi AG, Dr. Reddy’s Laboratories Ltd
New Drug Launches
The market for generic cancer drugs is driven by frequent drug launches. Most of the major market players are involved in the manufacturing wide range of generic cancer drugs that help in reducing cost of cancer care. For instance, in May 2019, Mylan N.V., a global pharmaceutical company announced the U.S. launch of Erlotinib Hydrochloride Tablets, 25 mg, 100 mg and 150 mg, a generic version of Genentech’s Tarceva. Erlotinib Hydrochloride tablets are used for the treatment of patients with metastatic non-small cell lung cancer whose tumors have epidermal growth factor receptor (EGFR) exon 19 deletions or exon 21 (L858R) substitution mutations as identified by an FDA-approved test receiving first-line, maintenance, or second or greater line treatment after advancement following at least one earlier chemotherapy. Similarly, in January 2019, Wockhardt received United States Food & Drug Administration (USFDA) approval for 100 mg and 400 mg tablets of Imatinib Mesylate, a generic version of Gleevec, marketed in USA and other countries by Novartis. Thus, the constant developments in generic oncology drugs accelerate the market growth during the forecast period. Thus, the constant developments in generic oncology drugs accelerate the market growth during the forecast period.
TOC of Market Report Contains:
- Industry Overview
- Production Market Analysis
- Sales Market Analysis
- Consumption Market Analysis
- Production, Sales and Consumption Market Comparison Analysis
- Major Manufacturers Production and Sales Market Comparison Analysis
- Major Type of Analysis
- Major Organization Size Analysis
- Industry Chain Analysis
- Global and Regional Market Forecast
- Major Manufacturers Analysis
- New Project Investment Feasibility Analysis
- And More…
Product launches, agreements, and acquisitions were observed as the most adopted strategy in the global generic oncology drugs market industry. For instance, in July 2019, Sandoz announced the launch of the generic oncology medicine gefitinib indicated for adult patients with locally advanced or metastatic non-small cell lung cancer with activating mutations of EGFR-TK, which is recommended by ESMO as first-line treatment. Moreover, in September 2016, Glenmark Pharmaceuticals entered into an agreement with US-based Particle Sciences Inc. to develop and market a generic version of Celgene’s ABRAXANE which is used in treatments of breast and lung cancers.
Generic Oncology Drugs Market to 2027 – Global Analysis and Forecasts by Molecular Type (Large Molecule, Small Molecule); Indication (Lung Cancer, Stomach Cancer, Colorectal Cancer, Breast Cancer, Prostate Cancer, Liver Cancer, Kidney Cancer, Cervical Cancer, Others), and Geography
By Geography North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. And 13 countries globally along with current trend and opportunities prevailing in the region.
Points Covered in The Report:
- The points that are discussed within the report are the major market players that are involved in the market.
- The complete profile of the companies is mentioned.
- The production, sales, future strategies, and the technological developments that they are making are also included within the report.
- The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
- The application areas of the market are also discussed thus giving a broad idea about the market to the clients.
- The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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