UAE Oncology Drugs Market Analysis

UAE Oncology Drugs Market Analysis


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By 2030, it is anticipated that the UAE oncology drugs market will reach a value of $2.54 Bn from $0.98 Bn in 2022, growing at a CAGR of 12.6% during 2022-2030. The oncology drug market in UAE is dominated by a few large pharmaceutical companies such as Biopharma Middle East & Africa, Neopharma Pharmaceutical Plant, and Newbridge Pharmaceuticals FZ LLC. The oncology market in UAE is segmented by different therapeutic areas, into breast cancer, lung cancer, colorectal cancer, prostate cancer, and others. The market is also segmented based on treatment types, such as surgery, radiation therapy, chemotherapy, and targeted therapy.

ID: IN10AEPH018 CATEGORY: Pharmaceuticals GEOGRAPHY: UAE AUTHOR: Dr. Vishwa Modhia

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UAE Oncology Drugs Market Analysis Summary

By 2030, it is anticipated that the UAE oncology drugs market will reach a value of $2.54 Bn from $0.98 Bn in 2022, growing at a CAGR of 12.6% during 2022-30. Cancer is the third-leading cause of death in the United Arab Emirates (UAE); cancer care in the UAE has evolved dramatically over the last 40 years, from a single centre in Al Ain in 1981 to more than 30 cancer centres and clinics across the UAE, with at least four comprehensive cancer centers in the UAE nowadays. The UAE is determined to reduce cancer mortality by nearly 18% by 2025. Reducing the number of deaths due to cancer is one of the key performance indicators of the UAE’s national agenda as a “Pillar of World-Class Healthcare”

With the increasing cost of cancer drugs worldwide, biosimilars have been widely utilized to somewhat control the increasing cost of cancer drugs. Many biosimilars are approved in the UAE; their utilization varies between physicians and cancer centers.

uae oncology drugs market analysis

Market Dynamics

Market Growth Drivers Analysis

In the UAE, it is easy to find cancer medications, including the most recent ones that have been approved. Many drugs are getting approved thanks to the UAE's quick approval process, shortly after receiving FDA approval.

Biosimilars have been widely used to partially control the rising cost of cancer medications due to the cost of cancer medications increasing across the globe. The use of biosimilars varies between doctors and cancer centers in the UAE, where many of them have been approved. For medical treatment, patients from Iraq and Africa particularly prefer the UAE. The WHO has ranked the UAE's healthcare system as the 27th best in the world.

Market Restraints

Despite the significant advancements in medicine, quality control for cancer across the UAE is still lacking, and cancer treatment varies greatly between cancer centers. Patients are still difficult to recruit for clinical trials due to a lack of knowledge, inadequate research infrastructure, and a small population.

The UAE lacks a national screening program, and early cancer detection and screening are still developing in the country. Cost is one of the obstacles to medical tourism for cancer treatment, as the cost of care tends to be higher than in other countries.

Competitive Landscape

Key Players

  • Biopharma Middle East & Africa (ARE)
  • Neopharma Pharmaceutical Plant (ARE)
  • Julphar Gulf Pharmaceutical Industries Manufacturers (ARE)
  • Newbridge Pharmaceuticals FZ LLC (ARE)
  • Hoffmann-La Roche Ltd
  • Novartis AG
  • Gilead Sciences Inc
  • Bayer AG

Notable Recent Deals

January 2023: A new exclusive licensing agreement for the anti-cancer medication Vegzelma (CT-P16, bevacizumab) has been signed by the multinational company Hikma Pharmaceuticals and the global biopharmaceutical company Celltrion Healthcare Co. According to the terms of the agreement, Celltrion Healthcare will be in charge of the development, production, and supply of Vegzelma, and Hikma will be in charge of the product's commercialization across all of its MENA markets, improving access to a critically important oncology product.

February 2022: To commemorate World Cancer Day, Pfizer has extended its collaborations with the cancer patient organizations Friends of Cancer Patients (FOCP) and Emirates Oncology Society, both of which are based in the UAE. The drug company has reaffirmed its dedication to improving oncology care, promoting early detection, and assisting with cancer treatment in the UAE.

Regulations and Reimbursement

The Emirates Oncology Society (EOS) is the official organization representing oncology healthcare providers in the UAE. It operates under the Emirates Medical Association (EMA) umbrella. The Dubai Health Authority (DHA) has defined a minimum benefits package for expatriates, the coverage level of their mandatory basic health insurance is often insufficient to fund cancer treatments.

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Oncology Drugs Market Segmentation

By Drug class

  • Cytotoxic drugs
    • Alkylating agents
    • Antimetabolites
    • Others
  • Targeted drugs
    • Monoclonal antibodies
    • Others
  • Hormonal drugs
  • Others

By Therapy

  • Chemotherapy
  • Targeted therapy
  • Immunotherapy

By Indication

  • Lung cancer
  • Stomach cancer
  • Colorectal cancer
  • Breast cancer
  • Prostate cancer
  • Others

By Dosage form

  • Solid
    • Tablets
    • Capsules
  • Liquid
  • Injectable
    • Prefilled syringes
    • Others

By Distribution channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • ?Others

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

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The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

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Stage III: Interpretation and Presentation

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Last updated on: 20 June 2023
Updated by: Dhruv Joshi

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