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

As per The Business Research Company’s Ovarian Cancer Drugs Global Market Report 2023, the ovarian cancer drugs market is expected to show significant growth in the forecast period.

Key insights from the ovarian cancer drugs market forecast include:

1. Market Size

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 market size of the global ovarian cancer drugs is expected to grow to $6.36 billion in 2027 at a CAGR of 14.4%.

2. Major Driver

The rising incidence of ovarian cancer is driving the ovarian cancer drugs market. Furthermore, ovarian cancer is recorded to be the eighth most commonly occurring cancer in women and the 18th most commonly occurring cancer across the globe. 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 growth of the ovarian cancer drugs market.

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

3. Key Trend

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.

4. Largest Region

North America was the largest region in the ovarian cancer drugs market in 2022.

5. Major Players

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.

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Key Ovarian Cancer Drugs Market Segments
The global ovarian cancer drugs market is segmented –
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

The Ovarian Cancer Drugs Global Market Report 2023  provides an in-depth analysis on the ovarian cancer drugs market size, trends and drivers, opportunities, strategies, and companies 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.

View More Related Reports –
Drugs For Immunotherapy Global Market Report 2023
Cancer Diagnostics Global Market Report 2023
Cancer Biomarker Global Market Report 2023

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