This report presents a strategic analysis of the Europe Oncology Therapeutics Market and a forecast for its development in the medium and long term. It provides a broad overview of the market dynamics, trends and insights, growth drivers and restraints, segmentation, competitive landscape, healthcare policies and regulatory framework, reimbursement scenario, challenges and future outlook. This is one of the most comprehensive reports about the Europe Oncology Therapeutics Market, offering unmatched value, accuracy and expert insights.
The European Union's fastest-growing economy in 2021 was Ireland, with the country's GDP growing by 13.5 percent that year. With a GDP of almost 3.3 trillion Euros, Germany is by far Europe's largest economy, followed by the United Kingdom at 2.28 trillion Euros and France at 2.27 trillion Euros.
Even though unemployment in the EU is currently low, the inflation rate hit a new high of 7.8% in March 2022. Going into 2022, Europe's growth rate is anticipated to be 2.7 percent, with Portugal having the fastest growth rate of 5.8 percent and Estonia having the slowest growth rate of one percent
The pharmaceutical industry covers all aspects of medication research, development, production, and distribution. Pharma revenues worldwide reached $1.42 trillion in 2021 due to the market's rapid growth over the previous two decades. With the introduction of new technology as well as more economical and effective manufacturing techniques, the industry has experienced a significant transition. Additionally, the market growth has been positively driven by rising investment flow in this sector.
Cancer therapy refers to the process of halting or slowing the growth of tumors that are causing cancer in the patient's body. It emphasizes the alterations that take place in cancer cells. Surgery, radiation, and chemotherapy are all progressively added. There are various cancer treatment and therapy applications, nevertheless, depending on the stage and type of the disease.
The global Oncology Therapeutics market is estimated to be valued at US$ 0.286 Bn in 2021 and is expected to exhibit a CAGR of 8.2% over the forecast period (2021-2030).
Market Growth Drivers Analysis
Oncology treatment and oncology diagnostics are in high demand due to the expanding investments and innovations in the biopharmaceutical sector, which is promoting the development of a variety of novel medications and therapies. The population's increasing awareness of the availability of numerous oncology-related treatments and diagnostics is anticipated to fuel the expansion of the worldwide oncology market. The market participants are being drawn to participate in the oncology sector by its growing importance and better profit potential.
Market Restraints
Chemotherapy medications kill cancer cells, but they also harm healthy body cells. For the patients, this has a variety of negative side effects. Bone marrow suppression, gastrointestinal issues, neuropathies, hair loss, lethargy, and skin issues are among the most typical side effects. As a result, the market's expansion is being significantly impacted by these side effects of oncology medications.
Other factors that are preventing the Europe market from expanding throughout the projection period include strict government regulations, expensive medication, and patent expiration.
Key Players
The prominent players operating in this market include AbbVie, Inc. (USA), Amgen, Inc. (USA), Astellas Pharma, Inc. (Japan), Takeda Pharmaceutical Company Limited (Japan), Celgene Corporation (USA), Eli Lilly and Company (USA), Bayer AG (Germany), GlaxoSmithKline Plc (UK), AstraZeneca Plc. (UK), Johnson & Johnson Services, Inc. (USA), Pfizer, Inc. (USA), Merck KGaA (Germany), F. Hoffmann-La Roche Ltd. (Switzerland), and Novartis AG (Switzerland)
1. Report Description of the Europe Oncology Therapeutics
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. Europe Oncology Therapeutics Executive Summary
2.1 Europe Oncology Therapeutics – Industry Snapshot & key buying criteria, 2021-2030
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of Europe Oncology Therapeutics
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. Europe Oncology Therapeutics Segmentation
4.1 By Application
4.1.1 Blood Cancer
4.1.2 Colorectal Cancer
4.1.3 Gastrointestinal Cancer
4.1.4 Gynaecologic Cancer
4.1.5 Breast Cancer
4.1.6 Lung Cancer
4.1.7 Prostate Cancer
4.1.8 Others
4.2 By Drugs
4.2.1 Revlimid
4.2.2 Avastin
4.2.3 Herceptin
4.2.4 Rituxan
4.2.5 Opdivo
4.2.6 Gleevec
4.2.7 Velcade
4.2.8 Imbruvica
4.2.9 Ibrance
4.2.10 Zytiga
4.2.11 Alimta
4.2.12 Xtandi
4.2.13 Tarceva
4.2.14 Perjeta
4.2.15 Temodar
4.2.16 Others
4.3 By Therapy
4.3.1 Chemotherapy
4.3.2 Targeted Therapy
4.3.3 Immunotherapy
4.3.4 Hormonal Therapy
4.3.5 Others
4.4 By Route of Administration
4.4.1 Oral
4.4.2 Parenteral
4.4.3 Others
4.5 By Distribution Channel
4.5.1 Hospital Pharmacies
4.5.2 Retail Pharmacies
4.5.3 Online Pharmacies
4.5.4 Others
5. Europe Oncology Therapeutics Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.1 Overview
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.1 Overview
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.1 Overview
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.1 Overview
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.1 Overview
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Europe
8.2 Regulatory Framework in Europe
8.3 Pricing & Reimbursement Scenario in Europe Oncology Therapeutic
9. Factors Driving Future Growth
9.1 New Trends and Development Europe Oncology Therapeutics
9.2 Future Opportunities
10. Strategic Recommendations
Oncology Therapeutics Segmentation
By Application (Revenue, USD Billion):
By Drugs (Revenue, USD Billion):
By Therapy (Revenue, USD Billion):
By Route of Administration (Revenue, USD Billion):
By Distribution Channel (Revenue, USD Billion):
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