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Top 10 Healthcare Trends in 2011
2 páginas
Publicado por
rgunnam
Top 10 Healthcare Trends in 2011
Pharmaceutical Companies Focus More on Oncology Market Owing to Increased
utilization of high-cost targeted and long duration therapies
Globally, cancer is one of the leading causes of death next only to...
[Más]
Top 10 Healthcare Trends in 2011
Pharmaceutical Companies Focus More on Oncology Market Owing to Increased
utilization of high-cost targeted and long duration therapies
Globally, cancer is one of the leading causes of death next only to cardiovascular
diseases.
The global oncology therapeutics market was estimated at $24.
9 billion in 2009
and is expected grow at a Compound Annual Growth Rate (CAGR) of approximately
3.
6% between 2009 and 2017 to record a sales value of approximately $33 billion.
The
moderate CAGR of 3.
6% can be attributed to declining cancer incidence rates in the US
and in the top five countries in the EU.
Few other factors such as restrictive pricing and
reimbursement policies, off-label uses of anti-cancer therapies, comparative effectiveness
reforms and patent expiry of major blockbuster drugs are expected to affect the growth of
the market.
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