Exploring GCC Oncology/Cancer Drugs Market Opportunity, Latest Trends, Demand, and Development By 2028- MarkNtel Advisors
According to Markntel Advisors Report, GCC Oncology/Cancer Drugs Market is expected to grow at a significant growth rate, and the analysis period is 2023-2028, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Oncology drugs are therapeutics used to treat cancer, a group
of diseases caused by uncontrolled growth and division of abnormal cells.
Oncology drugs include a range of different types of medications, such as
chemotherapy agents, targeted therapies, immunotherapies, and hormone
therapies.
GCC Oncology/Cancer Drugs Market
Research Report & Summary:
The GCC Oncology/Cancer Drugs Market is projected to grow at a considerable CAGR during the forecast period,
i.e., 2023-28.
Time Period
Captured in the Report:
·
Historical
Years: 2018-21
·
Base
Years: 2022
·
Forecast
Years: 2023-2028
Who are the Key Players Operating in the GCC
Oncology/Cancer Drugs Market?
The top
companies of the GCC Oncology/Cancer Drugs Market ruling the industry
are:
Hoffmann-La Roche Ltd.,
Johnson & Johnson Middle East FZ LLC, Pfizer International Corporation,
Merck Serono Middle East FZ-Ltd., AbbVie Biopharmaceuticals GmbH, AstraZeneca
Gulf FZ LLC, Bayer Middle East FZE, Amgen, Inc., Astellas MENA/SSA, Others
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The GCC Oncology/Cancer Drugs Market explores
the industry by emphasizing the growth parameters and categorizes including
geographical segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
-By Therapy
-Chemotherapy
-Immunotherapy
-Targeted Therapy
-Hormonal Therapy
-Others
- By Application
-Breast Cancer
-Lung Cancer
-Kidney Cancer
-Liver cancer
-Ovarian Cancer
-Prostate Cancer
-Skin Cancer
-Pancreatic Cancer
-Colorectal
-Blood Cancer
-Others
-By Country
-Saudi Arabia
-The UAE
-Qatar
-Kuwait
-Bahrain
-Oman
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Market Dynamics - GCC
Oncology/Cancer Drugs Market:
Key Driver: Growing Prevalence of Various Cancer Cases to Uplift the
Oncology/Cancer Drugs Market
The GCC nations have been witnessing a massive surge in several types
of cancer cases including lung cancer, breast cancer, colorectal cancer,
prostate cancer, etc. The prominent factor behind the increasing cases of lung
cancer in the GCC nations remains the habit of tobacco smoking among the men
population. The smoking prevalence has been subsequently leading to a large
number of lung cancer cases mainly in Saudi Arabia, Bahrain, and Oman. For
instance, in 2020, around 6% male of Saudi Arabia were diagnosed with lung
cancer, as per the World Health Organization. Thus, the growing prevalence of
different types of cancers among the GCC population would facilitate the
requirement for oncology/cancer drugs in the forthcoming period.
Growth Opportunity: Escalating Governments Initiatives to Boost the
Market Growth
The GCC nations have been witnessing a massive surge in several types
of cancer cases including lung cancer, breast cancer, colorectal cancer,
prostate cancer, etc. The prominent factor behind the increasing cases of lung
cancer in the GCC nations remains the habit of tobacco smoking among the men
population. The smoking prevalence has been subsequently leading to a large
number of lung cancer cases mainly in Saudi Arabia, Bahrain, and Oman. For instance,
in 2020, around 6% of males in Saudi Arabia were diagnosed with lung cancer, as
per the World Health Organization. Thus, the growing prevalence of different
types of cancers among the GCC population would facilitate the requirement for
oncology/cancer drugs in the forthcoming period.
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