Market revenue in 2023 | USD 1,771.5 million |
Market revenue in 2030 | USD 1,716.4 million |
Growth rate | -0.5% (CAGR from 2023 to 2030) |
Largest segment | Antiemetics |
Fastest growing segment | NSAIDs and Others |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | G-CSFs (Granulocyte-colony Stimulating Factors), ESAs (Erythropoiesis Stimulating Agents), Antiemetics, Bisphosphonates, Opioids, NSAIDs and Others |
Key market players worldwide | Amgen Inc, Merck & Co Inc, Johnson & Johnson, Heron Therapeutics Inc, Novartis AG ADR, GSK PLC, Roche Holding AG ADR, Helsinn Healthcare |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cancer supportive care drugs market will help companies and investors design strategic landscapes.
Antiemetics was the largest segment with a revenue share of 25.67% in 2023. Horizon Databook has segmented the Asia Pacific cancer supportive care drugs market based on g-csfs (granulocyte-colony stimulating factors), esas (erythropoiesis stimulating agents), antiemetics, bisphosphonates, opioids, nsaids and others covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is expected to witness market decline over the forecast period. The rapid uptake of biosimilar and generic drugs and restriction on opioid prescriptions coupled with usage of traditional medicine for cancer supportive care are factors for the declining market. Improvements in healthcare infrastructure and increase in the number of government initiatives will drive market growth.
Moreover, economic development in countries, such as India and China, is expected to drive market growth. Large population and low per capita income in Asia Pacific have led to high demand for affordable treatment options. Hospitals receive reimbursement from governments for treatment in some of the more developed economies in Asia Pacific. Underdeveloped economies provide little to no reimbursement for cancer supportive care medicines.
However, these countries are expected to change their guidelines over the forecast period. Improving healthcare reimbursement guidelines, presence of large target population, and high unmet therapeutic needs are expected to provide a lucrative opportunities companies in this region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific cancer supportive care drugs market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cancer supportive care drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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