China Oncology Drugs Market Size, Growth Forecast | 2031

China Oncology Drugs Market Size, Growth Forecast | 2031

Segments - China Oncology Drugs Market by Drug Class Types (Chemotherapy, Targeted Therapy, Immunotherapy, and Hormonal Therapy), Indications (Blood Cancer, Breast Cancer, Gastrointestinal Cancer, Prostate Cancer, Lung Cancer, Skin Cancer, Ovarian Cancer, Cervical Cancer, Kidney Cancer, and Others), and Country, Forecasts, 2021-2028

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Author : Raksha Sharma
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Fact-checked by : Vineet Pandey
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Editor : Vishal Golekar

Upcoming | Report ID :HC-3077 | 4.8 Rating | 80 Reviews | 201 Pages | Format : PDF Excel PPT

Report Description


The China oncology drugs market size was USD 18.12 Billion in 2022 and is likely to reach USD 67.32 Billion by 2031, expanding at a CAGR of 15.7% during 2023–2031. Cancer is a disease that is caused by uncontrolled and abnormal cell growth, which invades or spreads to the other body parts and results in malignant tumor. 

Oncology refers to the branch of medical science that deals with the study of cancer and its treatment and diagnosis options. Cancer treatment involves various methods such as surgery, drugs, and radiation. Oncology drugs are deployed and implemented with chemotherapy, which has a cytotoxic effect on the body. Oncology drugs destroy the cancerous cells and provide the appropriate cancer treatment.

China Oncology Drugs Market Outlook

  • Rising prevalence of cancer and awareness about cancer treatment primarily drives the market growth.

  • According to the recent epidemiological data, 2.2 million cancer cases were reported in China and 1.6 million cases resulted in mortality. Thus, the medical science industry in China has begun extensive R&D to develop new drugs to treat the disease, which in turn, is estimated to propel the market.

  • The presence of advanced therapies such as biological and targeted drug therapies are estimated to fuel the market growth.

  • High cost involved in cancer treatment and threat of failure of the medicines and drugs can hamper the market growth.

  • The shift to sedentary lifestyle of the people and use of tobacco and smoking that causes cancer has significantly increased the demand for oncology drugs in China.

  • The developments in the medical research has resulted in the introduction of advanced drugs that provide better effectivity and efficiency in the treatment of cancer, which further accelerates the growth of the market.

  • Rising geriatric population is projected to provide lucrative opportunities for market growth.

Scope of China Oncology Drugs Market Report

The report on the China oncology drugs market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

China Oncology Drugs Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2022

Historic Data

2016-2021

Forecast Period

2023–2031

Segmentation

Drug Class Types (Chemotherapy, Targeted Therapy, Immunotherapy, and Hormonal Therapy), Indications (Blood Cancer, Breast Cancer, Gastrointestinal Cancer, Prostate Cancer, Lung Cancer, Skin Cancer, Ovarian Cancer, Cervical Cancer, Kidney Cancer, and Others)

Region China

Report Coverage

Market Scope, Analysis, Share, Competitive Analysis, Growth Facts, Restraints, Opportunities, and Revenue Forecast

China Oncology Drugs Market Segment Insights

Immunotherapy segment is projected to emerge as a lucrative segment

Based on drug class types, the market can be segmented into chemotherapy, targeted therapy, immunotherapy, and hormonal therapy. The immunotherapy segment is projected to expand at a rapid CAGR during the forecast period owing to the high demand for immunotherapeutic drugs.

Immunotherapy is a type of cancer treatment that targets the immune system of the body and helps in fighting the cancer developing cells. It refers to biological therapy that uses various oncology drugs such as ipilimumab, nivolumab, and others.

Chemotherapy is also a preferred choice for cancer treatment and the segment is projected to grow at a substantial CAGR during the forecast period. Chemotherapy uses chemical agents for the treatment of cancer and the drugs associated with chemotherapy can be used alone or in a combination for the treatment of cancer.


The targeted therapy segment is expected to expand at a significant rate owing to the benefits and efficiency of the treatment. It targets the proteins that control the growth of cancer cells. This type of therapy has laid the foundation for precision medication. Small molecule drugs and monoclonal antibodies are the two types of targeted therapies.

China Oncology Drugs Market Drug Class Type

High prevalence of lung cancer in China propels the market growth

On the basis of indications, the market can be classified as blood cancer, breast cancer, gastrointestinal cancer, prostate cancer, lung cancer, skin cancer, ovarian cancer, cervical cancer, kidney cancer, and others.

In China, the number of lung cancer diseases has increased extensively, which in turn, has rose the R&D activities by key players in the region toward the development of effective oncology drugs. The adoption of western lifestyle and habits of tobacco consumption and smoking have accelerated the prevalence of lung cancer in China.  

Lung cancer treatments can vary, but mostly include chemotherapy, radiation therapy, and targeted therapy. This type of cancer is usually diagnosed in the lungs and has a possibility of spreading to lymph nodes or other organs in the body. Small cell lung cancer and non-small cell lung cancer are the two types of lung cancers that are classified depending on how small the cells appear under a microscope.

China Oncology Drugs Market Indication

Segments

By Drug Class Types

  • Chemotherapy
  • Targeted Therapy
  • Immunotherapy
  • Hormonal Therapy

By Indications

  • Blood Cancer
  • Breast Cancer
  • Gastrointestinal Cancer
  • Prostate Cancer
  • Lung Cancer
  • Skin Cancer
  • Ovarian Cancer
  • Cervical Cancer
  • Kidney Cancer
  • Others

By Country

  • China

Competitive Landscape

Key players in the China oncology drugs market include Beigene; Bristol Myers Squibb Company; F Hoffmann LA Roche Ltd; Celgene Corporation; Johnson & Johnson; Shanghai Junshi Biosciences Co Ltd; Astellas Pharma Inc; Astrazeneca Plc; Abbvie Inc; and Jiangsu Hengrui Medicine Co Ltd.

These players are widely engaged in various business development strategies including mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence and expand their consumer base globally.

China Oncology Drugs Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oncology Drugs Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Oncology Drugs Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Oncology Drugs Market - Supply Chain
  4.5. Global Oncology Drugs Market Forecast
     4.5.1. Oncology Drugs Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Oncology Drugs Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Oncology Drugs Market Absolute $ Opportunity
5. Global Oncology Drugs Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Oncology Drugs Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Oncology Drugs Demand Share Forecast, 2019-2026
6. North America Oncology Drugs Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Oncology Drugs Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Oncology Drugs Demand Share Forecast, 2019-2026
7. Latin America Oncology Drugs Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Oncology Drugs Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Oncology Drugs Demand Share Forecast, 2019-2026
8. Europe Oncology Drugs Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Oncology Drugs Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Oncology Drugs Demand Share Forecast, 2019-2026
9. Asia Pacific Oncology Drugs Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Oncology Drugs Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Oncology Drugs Demand Share Forecast, 2019-2026
10. Middle East & Africa Oncology Drugs Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Oncology Drugs Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Oncology Drugs Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Oncology Drugs Market: Market Share Analysis
  11.2. Oncology Drugs Distributors and Customers
  11.3. Oncology Drugs Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Methodology

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