About My Health Careers Internship MedBlogs Contact us

Global Anti-cancer Drugs Market 2016 to 2024

by Hannah Joy on November 7, 2017 at 4:05 PM
Font : A-A+

Global Anti-cancer Drugs Market 2016 to 2024

In 2012, there were about 14 million new cases of cancer around the world. Of which, 6.7 million cases were of women, and 7.4 million cases were of men. These numbers are likely to increase to 24 million by 2035, reported the World Cancer Research Fund.

An estimated 8.2 million deaths that occurred in 2012 were directly related to cancer. The number of new cancers are also likely to rise by a rated 70 percent over the next two decades, according to the World Health Organization.


In 2012, about 13 percent of the total number of new cases diagnosed was lung cancer, which is the most common cancer across the world, followed by breast cancer - 1.7 million new cases, and colorectal cancer cases were 1.4 million.

Early detection and treatment can reduce cancer mortality. Diagnosing the disease at the right time could be the key to a useful and adequate treatment of the disease.

The global anti-cancer drugs available in the market today can be accounted for the enormous amount of innovation that could transform the scene for patients, providers, and companies.

In 1990, after diagnosis, only half of all cancer patients lived for five years, which has increased to two-thirds, as a result of consistent innovation in the anti-cancer drugs market. revealed SEER (Surveillance, Epidemiology, and End Results) survival statistics.

The report serves as a blueprint for all stakeholders in the anti-cancer drugs market. This report also gives them a fresh, objective, and accurate perspective of the global industry and further examines the key factors administering its growth from 2016 to 2024.

The rising global incidence of various cancers is the primary factor for increasing the demand for anti-cancer drugs.

Additionally, the development of advanced therapeutic modalities like targeted therapies, chemotherapy, immunotherapy, and hormonal therapies have benefited from the anti-cancer drugs market in the past few years.

Anti-cancer drugs market is predicted to benefit from the commercialization of follow-on-biologics and patent expiration of several blockbuster drugs, revealed the report.

In the development of anti-cancer drugs, extremely high costs are involved, and the threat of failure of the drugs, along with the side effects are the expected challenges in expanding the global market in the next few years.

However, government funds are likely to reduce the negative impact of these obstacles and continue launching the anti-cancer drugs market.

Source: Medindia

News A-Z
News Category
What's New on Medindia
Goji Berries May Protect Against Age-Related Vision Loss
Tapping — A Proven Self-Applied Stress Intervention
Black Pepper as Preventive Measure Against Omicron
View all

Medindia Newsletters Subscribe to our Free Newsletters!
Terms & Conditions and Privacy Policy.

More News on:
Drug Toxicity Drugs Banned in India Top 10 Health Benefits of Cloves 

Recommended Reading
Shutting Nrf1 can Reduce Resistance to Blood Cancer Drugs
A protein called nrf1 causes resistance to drugs for blood cancers, but now researchers have found ....
Novel Mechanism of Resistance to Anti-Cancer Drugs Found
Epigenetic regulation to increase Wnt signaling may be a general mechanism cancer cells use to ......
Most New Cancer Drugs Lack Clinically Meaningful Benefits
Regulatory evidence standards are failing to incentivise cancer drug development that best meets ......
Target of Anticancer Drugs Have Broader Functions
Histone deacetylases (HDACs) are the drugs that inhibit the activity of enzymes. They are being ......
Drug Toxicity
Drug toxicity is an adverse reaction of the body towards a drug that results as a side effect of a d...
Drugs Banned in India
Several drugs are either banned or withdrawn after introduction in the market....
Top 10 Health Benefits of Cloves
Clove doesn’t just enhance the flavor of food, but, keeps your health in check by keeping diabetes, ...

Disclaimer - All information and content on this site are for information and educational purposes only. The information should not be used for either diagnosis or treatment or both for any health related problem or disease. Always seek the advice of a qualified physician for medical diagnosis and treatment. Full Disclaimer

© All Rights Reserved 1997 - 2022

This site uses cookies to deliver our services. By using our site, you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Use
open close
I have read and I do accept terms of use - Telemedicine

Advantage Medindia: FREE subscription for 'Personalised Health & Wellness website with consultation' (Value Rs.300/-)