Colorectal Cancer Medicines Market To Reach $10.75bn In 2019, Predicts A New Visiongain Study

14 September 2018
Pharma

A new report by visiongain forecasts the world market for colorectal cancer drugs will reach $10.75 billion in 2019. That revenue prediction and others appear in Colorectal Cancer Drugs Industry and Market: Therapies, R&D and Forecasts 2015-2025, published in November 2015. Visiongain is a business information publisher and consultancy in London, UK.

That new analysis predicts the global colorectal cancer drugs market will grow at a CAGR of 5% from 2014 to 2019. Overall world revenue expansion will be stimulated by rising incidence of cancer in developing countries, widening access to healthcare, shifts towards personalised medicine and drug development that gives more options and better treatments.

Sandra Wenas, a pharmaceutical industry analyst in visiongain, said: “The colorectal cancer drugs market will continue to expand at a steady pace, owing to an increase in the global incidence of cancer. Treatment options will become more targeted, and tailored to individual patients, leading to the need for better diagnostic techniques. And, as developed national markets mature, emerging markets will continue to drive the growth of the industry, as these countries put more money and resources into healthcare and research.”

Most of the blockbuster drugs driving the colorectal cancer market have or are about to reach patent expiry. Despite the large number of drug candidates in the R&D pipeline, only a few appear to hold great promise. The future of the colorectal cancer drugs market depends on the success of those drug candidates and further innovation from pharmaceutical companies.

Visiongain’s new investigation shows revenue forecasts to 2025 at overall world market, product and geographical level.

That study forecasts revenues from 2015 to 2025 for the top nine colorectal cancer drugs on the market in 2015. Those products include Avastin, Erbitux, Xeloda and Vectibix.

The work also profiles companies and discusses products in research and development. That analysis explains activities and prospects of organisations such as Roche, BMS, Sanofi, Eli Lilly and Amgen. It includes two interviews with authorities in the pharmaceuticals industry.

In addition, the study explains trends and shows revenue forecasts to 2025 for these regions:

• United States
• Japan
• European Union
• APAC
• Rest of the World.

Visiongain predicts the APAC group will show the fastest growth and account for 19% of the world colorectal cancer drugs market for revenues in 2025.

Colorectal Cancer Drugs Industry and Market: Therapies, R&D and Forecasts 2015-2025 adds to visiongain’s range of reports on industries and markets in healthcare. Those studies cover pharmaceuticals, biotechnologies, medical devices, diagnostic tests and outsourced services.

Recent News

“Global Asthma & COPD Therapies market set to grow to $46bn by 2024” says new Visiongain report

ecent studies and expert opinion suggest that the asthma and COPD market is more segregated than previously believed.

19 March 2019

Read

“Global Anaesthesia Drugs market set to grow to $11.8bn by 2024” says new Visiongain report

The intravenous route is the most commonly used route of administration owing to its high effectiveness during critical surgeries, its high adoption in hospitals, and availability of advanced intravenous drugs which cater the need of surgeons.

19 March 2019

Read

“The Global Pharma Contract Sales market will be driven by cost saving and the need for more flexibility” says new Visiongain report

With higher-cost therapies in development, combined with increasing burdens on healthcare budgets from ageing populations and rising disease incidence, market access is becoming more challenging in countries worldwide.

28 February 2019

Read

“Drug Delivery Technologies market set to grow to $355bn by 2024” says new Visiongain report

The potential use of drug delivery technologies in product lifecycle management and the enhancement of drug efficacy in many therapeutic sectors will act as drivers for growth of the market over the coming decade.

28 February 2019

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever
WOOCS 2.2.1