The Global Oncology Therapeutics Market and its Growth Rate

“The Future of Oncology Therapeutics -regulations, the market is expected to slow down
Market Forecasts to 2015, Competitiveto 11% between 2008 and 2015 and record sales
Benchmarking, Product Pipeline and Dealsvalue of $55.1 billion by 2015. Similarly, in 2008, the
Analysis”, this report is an essential source ofoncology therapeutics market in the EU5 countries
data and analysis on the cancer market in the topwas estimated at approximately $15.5 billion,
7 markets of the world. It covers the marketindicating a CAGR of 15.7% between 2000 and
landscape, key market trends, market drivers and2008. Oncology therapeutics market in Japan was
restraints. The report also identifies keyestimated at approximately $6.1 billion, indicating a
treatment usage patterns across 7 majorCAGR of 15.6% between 2000 and 2008.
markets namely, the US, EU5 and Japan. InBreast Cancer Therapeutic Indication was the
addition, it brings out the existing competitiveLeading Therapy Market with an Estimated
landscape of the oncology therapeutics market,Market Share of 16% of the Global Oncology
characteristics of the top five market indicators,Therapeutics Market
and mergers and acquisitions that have takenIn 2008, the top five cancer therapeutic
place involving cancer therapies over the last oneindications accounted for approximately 58.1% of
year. ( )the global oncology therapeutics market. Breast
The Global Oncology Therapeutics Market iscancer was the leading therapeutic indication with
Forecast to Grow at More Than the Overallan estimated market share of 16.5%, followed by
Pharmaceutical Industry Growth RateNon-Hodgkin’s lymphoma (NHL) and colorectal
The global oncology therapeutics market wascancer (CRC) which accounted for an
valued at $48.1 billion in 2008. The growth in theapproximate market share of 12.8% and 11.4%,
market is primarily driven by the rapid uptake ofrespectively. Prostate cancer therapeutics market,
target therapies and new developments that havewith an estimated market share of 10.5%, was
come to treat the niche segments such as renalthe next leading therapeutic indicator, followed by
cell carcinoma, liver cancer and stomach cancerslung cancer.
with high unmet needs. However, the growth ofRoche/Genentech, Novartis and Sanofi-Aventis
the market is expected to slow down marginallyare the Top Three Players Operating in the Global
due to the influx of many “me too”Oncology Market
versions of established therapies. In spite of this,In 2008, the top ten companies in the oncology
the global cancer therapeutics market is expectedtherapeutics market accounted for 82.3% of the
to grow at a Compound Annual Growth Rateglobal oncology therapeutics market. Rituxan was
(CAGR) of 10.9% between 2008 and 2015.the leading cancer therapy brand with an
The US, with an Approximate Market Share ofapproximate sales value of $5.5 billion, followed by
55.1% in 2008, was the Leading Market in theAvastin, which recorded sales of $4.8 billion and
Global Cancer Therapeutics marketHerceptin, which registered net sales worth $4.7
In 2008, the oncology therapeutics market in thebillion. The top three companies namely, Roche
US was estimated at approximately $26.5 billion,Genentech, Novartis and Sanofi-Aventis,
indicating a CAGR of 16.3% between 2000 andaccounted for approximately 50% of the global
2008. However, in anticipation of new healthcareoncology therapeutics market in 2008.