Global Gynaecological Cancer Drugs Market Projected to Reach Nearly US$ 42 Bn in Revenues by 2026

ALBANY, USA, 2018-May-01 — /EPR Network/ —A new research study titled, “Global Market Study on Gynaecological Cancer Drugs: North America to Lead the Global Market in Terms of Revenue during 2017 – 2026” has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the report, the global gynaecological cancer drugs market is likely to grow at over 6% CAGR and reach nearly US$ 42 billion in revenues.

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The research study highlights the key factors driving the global gynaecological cancer drugs market. An unbiased assessment has been made on the future growth of the market by identifying the key factors that have influenced this market in the past. The forecast and analysis includes all the leading factors that have led to the prevailing scenario in the market. In addition to the analysis on key drivers, restraints, opportunities, and threats, the business intelligence study also highlights the key business and product strategies of some of the key players in the market.

According to the research study, growing awareness on gynaecological caners is one of the key driving factors that is augmenting demand for gynaecological drugs. Both patients and healthcare professionals are aware of the effective treatments to treat gynaecological cancer, and this factor has led to an increase in sales of gynaecological drugs. These factors are likely to provide an impetus to growth during the assessment period.

The report also outlines the impact of macroeconomic factors on the gynaecological drugs market. According to the report, growth of the healthcare services industry in Asia Pacific is one of the key factors fuelling growth of the market. Many countries in Asia Pacific have witnessed steady growth rates on account of which demand for quality healthcare services has increased manifold. The growth is especially spectacular in China and India. According to the report, the demand for gynaecological drugs in Asia Pacific is likely to grow at a brisk pace during the assessment period.

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The report has segmented the market on the basis of end user, indication, region, distribution channel, and drug class. By drug class, the demand for antitumor antibiotics is likely to remain the highest, and by 2026, demand is likely to surpass US$ 13.5 billion. On the basis of end users, demand for gynaecological drugs is likely to remain highest in hospitals. The report also projects that hospital pharmacies are likely to remain the most prominent distribution channels globally.

The research study also offers insights on the key players participating in this market. Some of the key players include Roche Holdings AG, AstraZeneca, Sanofi, Eli Lilly & Co., Merck & Co., Pfizer Inc., Takeda Pharmaceuticals Co. Ltd. Dr Reddy’s Laboratories, Bristol-Myers Squibb, Johnson & Johnson (Alza Corporation), and GlaxoSmithKline (GSK).

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