openPR Logo
Press release

Cancer Supportive Care Drugs Market to Exceed US$ 16.7 Billion by 2031: Transparency Market Research, Inc. Study

03-19-2024 07:48 AM CET | Health & Medicine

Press release from: Transparency Market Research

Cancer Supportive Care Drugs

Cancer Supportive Care Drugs

In 2022, the global ๐‚๐š๐ง๐œ๐ž๐ซ ๐’๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ข๐ฏ๐ž ๐‚๐š๐ซ๐ž ๐ƒ๐ซ๐ฎ๐ ๐ฌ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ commanded a valuation of US$ 14.3 billion. Forecasts suggest a steady growth trajectory, with a projected Compound Annual Growth Rate (CAGR) of 1.7% from 2023 to 2031, culminating in a figure exceeding US$ 16.7 billion by the conclusion of 2031.

The escalating global burden of cancer emerges as a pivotal driver propelling the expansion of the market for cancer supportive care drugs. As incidences of cancer rise, so does the demand for supportive care drugs.

Various therapeutic agents including G-CSFs, ESAs, antiemetics, bisphosphonates, opioids, NSAIDs, and topical treatments assume critical roles in addressing the multifaceted challenges associated with cancer care. The cancer supportive care drugs market caters to a wide array of cancer indications, encompassing lung, breast, prostate, liver, bladder, leukemia and melanoma.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐…:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85941&utm_source=OpenPR&utm_campaign=MansiR_OpenPR

The market's growth is further bolstered by diverse distribution channels such as hospital pharmacies, retail pharmacies, and compounding pharmacies. In meeting the evolving needs of cancer patients, the cancer supportive care drugs market fulfills a significant role, bridging crucial gaps in offering comprehensive and personalized cancer care solutions.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Cancer supportive care drugs are medications tailored to alleviate the side effects and symptoms of cancer and its treatments, improving patients' quality of life during therapy. These drugs manage issues like pain, nausea, anemia, immune suppression, and bone complications. With the rise in cancer cases, addressing these challenges is vital.

Retail pharmacies are pivotal in distributing these drugs, providing accessibility and convenience that promote patient engagement and adherence to supportive care plans.

๐’๐ฎ๐ซ๐ ๐ž ๐ข๐ง ๐‚๐š๐ง๐œ๐ž๐ซ ๐ˆ๐ง๐œ๐ข๐๐ž๐ง๐œ๐ž ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ซ๐จ๐ ๐ซ๐ž๐ฌ๐ฌ

The surge in global cancer cases drives demand for supportive care drugs, essential for managing treatment side effects and enhancing patient well-being. With 1.9 million new cases and 608,570 deaths in the U.S. in 2021, and WHO attributing nearly 10 million deaths to cancer in 2020, the need for such drugs remains critical.

Healthcare acknowledges the pivotal role of supportive care drugs in mitigating treatment-related adverse effects amid rising cancer diagnoses. This recognition spurs pharmaceutical innovation to ensure patients receive comprehensive care for improved treatment outcomes.

Recent research, like the February 2021 study "Non-Steroidal Anti-Inflammatory Drugs in Colorectal Cancer Chemoprevention," underscores the growing evidence supporting NSAIDs' beneficial role in cancer care, inspiring ongoing exploration of innovative approaches.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Amgen, Inc., Merck & Co., Inc., Johnson & Johnson Services, Inc., Heron Therapeutics, Inc., Novartis AG, GSK plc, F. Hoffmann-La Roche Ltd., and Helsinn Healthcare SAย 

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

Drug Class

G-CSFs (Granulocyte Colony-Stimulating Factor)
ESAs (Erythropoiesis Stimulating Agent)
Antiemetics
Bisphosphonates
Opioids
NSAIDs (Non-Steroidal Anti-Inflammatory Drugs)
Others (Topicals, etc.)

Indication

Lung Cancer
Breast Cancer
Prostate Cancer
Liver Cancer
Bladder Cancer
Leukemia
Others (Ovarian Cancer, Melanoma, etc.)

Distribution Channel

Hospital Pharmacies
Retail Pharmacies
Others (Compounding Pharmacies, etc.)

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

Inย March 2022, Imugene, an Australian biopharmaceutical company, announced a new clinical trial collaboration and supply agreement with MSD (Merck & Co., Inc.). The collaboration aims to evaluate the safety and efficacy of Imugene's HER-Vaxx, a B-cell activating immunotherapy, in combination with MSD's anti-PD-1 therapy, pembrolizumab (KEYTRUDA). The focus is on patients with HER-2 positive gastric cancer, presenting a promising approach to enhance treatment outcomes in this specific cancer subtype.

Inย March 2022, Novartis received approval from the U.S. Food and Drug Administration (FDA) for Pluvicto. The approval is for the treatment of adult patients with a specific type of advanced cancer known as prostate-specific membrane antigen-positive metastatic castration-resistant prostate cancer (PSMA-positive mCRPC). Pluvicto is intended for patients who have already undergone other anticancer treatments, including androgen receptor pathway inhibition and taxane-based chemotherapy. This approval marks a significant development in providing advanced treatment options for this subset of prostate cancer patients.

๐๐ฅ๐š๐œ๐ž ๐š๐ง ๐Ž๐ซ๐๐ž๐ซ ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=85941

๐€๐›๐จ๐ฎ๐ญ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.comย  ย ย  ย  ย 
Email: sales@transparencymarketresearch.com
Follow Us: LinkedIn| Twitter| Blog | YouTube

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cancer Supportive Care Drugs Market to Exceed US$ 16.7 Billion by 2031: Transparency Market Research, Inc. Study here

News-ID: 3435434 • Views: โ€ฆ

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f โ€ฆ
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and theโ€ฆ
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And โ€ฆ
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. ๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key playersโ€ฆ
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud โ€ฆ
The global ๐ญ๐ข๐ฌ๐ฌ๐ฎ๐ž ๐›๐š๐ง๐ค๐ข๐ง๐  ๐ฆ๐š๐ซ๐ค๐ž๐ญ reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expectedโ€ฆ
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global ๐ฏ๐š๐ฌ๐œ๐ฎ๐ฅ๐š๐ซ ๐œ๐ฅ๐จ๐ฌ๐ฎ๐ซ๐ž ๐๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bnโ€ฆ

All 5 Releases


More Releases for Cancer

Cancer Therapeutics Market New Business Opportunities to Hit $180.19 billion by โ€ฆ
Surge in geriatric population and rise in the number of collaborations & partnerships to facilitate drug development are the key drivers of the global cancer therapeutics market. In addition, heavy inflow of investment in R&D activities has enhanced the development of cancer therapeutics. Furthermore, favorable government regulations for cancer therapeutics and surge in cancer prevalence boost the market. The high demand for personalized medicine along with high potential of emergingโ€ฆ
Global Cancer Diagnostics Market Size, Trends & Growth Opportunity By Applicatio โ€ฆ
Cancer diagnostics is a process of detecting various proteins, biomarkers and certain symptoms that result in the detection of presence of cancerous tumour in patients. Detection of certain proteins and biomarkers which are prevalent in cancer disorder thereby results in diagnosis process. Cancer diagnostics includes usage of certain technology and devices for detection purpose. Increase in incidence of target diseases like cancer is key driving factor which is expected to boostโ€ฆ
Oncology Nutrition Market led to an unprecedented rise by 2025 : liver cancer, p โ€ฆ
Global Oncology Nutrition Market: Overview Cancer diagnosis creates myriad questions about diet and nutrition. Those pertain to if the food will make a patient feel sick to what should be ingested to fight cancer. This has spawned the oncology nutrition market which has been rising steadily due to the increasing cases of different types of cancer worldwide. During cancer treatment one needs to eat right in order to build up strengthโ€ฆ
Cancer Immunotherapy Market 2018 To 2025 - SWOT Analysis By Global Industry Reve โ€ฆ
The Cancer Immunotherapy Market research report provided by Crystal Market Research (CMR) is the most detailed study about Cancer Immunotherapy Market that is estimated to grow at a tremendous rate over the forecast period 2018-2025. This report contains precise and updated insights in respect with the leading market players and prevailing regions of the business. Cancer Immunotherapy Market By Product and Cancer Type - Global Industry Analysis And Forecast To 2025:โ€ฆ
Oncology Nutrition Market by Cancer Type Breast Cancer, Liver Cancer, Lung Cance โ€ฆ
Lunch of new products for nutrition of oncology patients is expected to drive the oncology nutrition market growth. For instance, in 2016, Hormel Food Corporation, a U.S-based meat food products company, launched a line of packaged ready-to-eat meals for cancer patients, which are called as Hormel Vital Cuisine. These meals consist of carbohydrates, proteins, and fats to help patients fight loss of muscle mass and energy during cancer treatment. Thus launchโ€ฆ
Cancer Diagnostics Global Market: By Application - Breast Cancer, Lung Cancer, C โ€ฆ
Researchmoz added Most up-to-date research on "Cancer Diagnostics Global Market: By Application - Breast Cancer, Lung Cancer, Colorectal Cancer, Melanoma & Other Cancers" to its huge collection of research reports. This report studies Cancer Diagnostics in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on topโ€ฆ