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Asia-Pacific Anti-neoplastic Agents Market Research Report – Segmented By Product Type, End User & Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Industry Size, Share, Trends & Growth Forecast (2022 to 2027)

Published: March, 2023
ID: 8049
Pages: 145
Formats: report pdf report excel report power bi report ppt

The size of the Asia Pacific Anti-neoplastic Agents Market is predicted to have a noticeable CAGR during the forecast period.

Factors such as the rising cancer incidence and the demand for cost-effective treatment options are expected to drive the APAC antineoplastic agents market. Anti-neoplastic drug makers have a tremendous opportunity due to the rapid progress in customized medicine. In addition, increasing investment in cancer research by multinational corporations due to rising cancer prevalence is predicted to drive the market for anti-neoplastic drugs over the forecast period. Changes in an individual's DNA are one of the most common causes of such occurrences, resulting in impaired gene activity and, eventually, Cancer.

Furthermore, as the number of people diagnosed with cancer grows, discoveries of advanced and modified technologies are expected to propel the Antineoplastic agents market forward during the forecast period. As a result, the antineoplastic market is expanding at a reasonable rate. In addition, the growing number of low-cost medicines to cure them has fueled the rise of the anti-neoplastic agents market. Chemotherapeutic agents, biological or immunotherapeutic agents, are used in radiotherapies, surgeries, hormone therapies, and other targeted therapies in combination with other drugs, which drives market trends.

Consumers' lifestyles are changing, which means the danger of cancer is rising. This has piqued the interest of numerous pharmaceutical companies to enter the anti-neoplastic agent industry, increasing in the antineoplastic agent market. The APAC anti-neoplastic agents market is also driven by stringent regulations about the safety of drug development procedures and the effectiveness of quality control and quality assurance rules that regulate the pharmaceutical and related industries in this nation.

Anti-neoplastic drugs are costly due to the significant expenses associated with their development. Some customers cannot afford these agents, which is expected to hamper the growth of the antineoplastic agents market. The varied nature of cancer and the high development cost of anti-neoplastic drugs restrict the market's growth. Physicians and researchers face a significant challenge in meeting unmet requirements in treating malignant neoplasms as the number of patients grows. Antineoplastic medicines are frequently employed as first-line therapy for cancer treatment and in conjunction with surgery or radiation therapy.

This research report on the APAC Anti-neoplastic Agents market has been segmented and sub-segmented into the following categories.

By Product:

  • Chemotherapeutic Agents
  • Biological Agents   
  • Personalized Medicine  

By End Users:

  • Hospitals 
  • Clinics        
  • Cancer Rehabilitation Centers            
  • Ambulatory Surgical Centers           

By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Over the forecast period, the Asia-Pacific segment is expected to increase at the fastest rate. Factors contributing to this segment's growth include an increase in infectious and cancer cases as the population grows and rising GDPs in developing countries like India and China, which result in increased investment in research and state-of-the-art healthcare infrastructure. In addition, with new cases of neoplasms being reported in the region, the antineoplastic market is expected to grow rapidly. In the near future, the Antineoplastic Agents Market is expected to increase due to the rising demand for cost-effective medicines for treating neoplasms.

KEY MARKET PLAYERS:

Some of the major companies dominating the market by their products and services include Aspen Global Inc., Bayer AG, Teva Pharmaceutical Industries Ltd., Johnson & Johnson Pvt. Ltd., Merc & Co., Inc., Pfize Inc., Hoffmann-La Roche Ltd., Amgen Inc., Bristol-Myers Squibb Company, Baxter Healthcare Corporation, Boehringer Ingelheim GmbH, Accord Healthcare, Inc., Genentech, Inc., Lundbeck LLC, AbbVie Inc.

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