The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s ovarian cancer drugs market report forecasts the ovarian cancer drugs market size to grow to $6.36 Billion by 2027, with a CAGR (compound annual growth rate) of more than 14%.

Learn More On The Ovarian Cancer Drugs Market Report 2023 – https://www.thebusinessresearchcompany.com/report/ovarian-cancer-drugs-global-market-report

Ovarian Cancer Drugs Market Size Forecast
The global ovarian cancer drugs market is expected to grow from $3.20 billion in 2022 to $3.71 billion in 2023 at a compound annual growth rate (CAGR) of 16.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ovarian cancer drugs market size is expected to grow to $6.36 billion in 2027 at a CAGR of 14.4%.

North America held the largest ovarian cancer drugs market share, and Middle East was the fastest-growing region in 2022.

Key Ovarian Cancer Drugs Market Driver ­– Rise In The Incidence Of Ovarian Cancer
According to a study by The World Ovarian Cancer Coalition an estimated 55% rise is expected in the number of patients suffering from ovarian cancer by 2035. According to the Cancer Statistics in 2020, published by the American Cancer Society, about 1,806,590 new cancer cases and 606,520 deaths were expected in the USA. Thus, the increasing incidence of ovarian cancer cases across the globe drives the ovarian cancer drugs market growth.

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Key Ovarian Cancer Drugs Market Trend – Innovating And Developing Combination Drugs
Drug manufacturing companies in the industry are increasingly innovating and developing combination drugs to treat ovarian cancer drugs. Combination drugs consist of two or more active pharmaceutical ingredients (APIs) that are combined into a single dosage form to treat complex medical conditions. The pharmaceutical companies in the ovarian cancer drugs market are investing in the research and development of innovative products such as combination drugs to reduce manufacturing costs, increase compliance and efficiency, improve medication concordance, increase profitability and reduce side effects. For instance, Roche’s blockbuster tranquilize Avastin (bevacizumab), is a combination drug approved by FDA, with ingredients such as carboplatin and paclitaxel, which is utilized to treat advanced stage (III or IV) ovarian cancer.

Ovarian Cancer Drugs Market Segment
1) By Tumor Type: Epithelial Ovarian Cancer, Ovarian Low Malignant Potential Tumor, Germ Cell Tumor, Sex Cord-Stromal Tumor
2) By Distribution Channel: Hospital Pharmacies, Drug Stores, Other Distribution Channels
3) By Drug Type: Alkylating Agents, Mitotic Inhibitors, Antirheumatics, Antipsoriatics, VEGF/VEGFR inhibitors, PARP inhibitors, Antineoplastics, Other Drug Types

Ovarian Cancer Drugs Market Major Players and Strategies
Major players in the ovarian cancer drugs market are AstraZeneca, Roche, Tesaro, Clovis Oncology, BoehringerIngelheim, Amgen, GlaxoSmithKline, F. Hoffmann-La Roche AG, Bristol-Myers Squibb and Eli Lilly and Company.

In September 2021, BoehringerIngelheim, a Germany-based biopharmaceutical company acquired Abexxa Biologics for an undisclosed amount. Through this acquisition, BoehringerIngelheim expands its portfolio in the field of oncology for treating cancer through Abexxa’s technology and antibody-based drugs. Abexxa Biologics is a biopharmaceutical company developing cancer drugs and immuno-oncology and oncology research for advanced precision medicines for cancer that includes all cancer types along with ovarian cancer drugs.

The Ovarian Cancer Drugs Global Market Report 2023 covers regional data on ovarian cancer drugs market size, ovarian cancer drugs market trends and drivers, opportunities, strategies, and ovarian cancer drugs market competitor analysis. The countries covered in the ovarian cancer drugs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The ovarian cancer drugs refer to cancer drugs to treat ovarian cancer. Ovarian cancer is caused due to abnormal growth of cells in the ovary. This industry includes establishments that produce drugs used in chemotherapy, radiation, and surgery for treating ovarian cancer. The ovarian cancer drugs include Doxorubicin Hydrochloride Liposome, Evacet (Doxorubicin Hydrochloride Liposome), Cytoxan (Cyclophosphamide), Paraplat (Carboplatin), Taxol (Paclitaxel), Neosar (Cyclophosphamide) and others.

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