Cancer Market Top 20 Drugs - Supportive Care Grows the Cancer Market

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Publication Date: 2005-01-06

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The global cancer market is predicted to grow at a CAGR of 8%. However, a number of global and country-specific factors will support or threaten this trend including epidemiological, regulatory, legislative and pharmacoeconomic influences. Companies can mitigate the ensuing commercial risk through innovative strategies in lifecycle management and sustained R&D productivity.


Scope

  • Overview of current cancer market including profiles of the leading 20 brands by sales in 2004 and key events impacting each brand during 2004-2014
  • Assessment of current and future opportunities and threats in the cancer sector across the seven major pharmaceutical markets
  • Individual country sales for leading products are presented, with projections for future performance up to 2014
  • Detailed discussion of assumptions and events used in forecast analysis


    • Report Highlights
    The oncology market is the third largest pharmaceutical market, behind the cardiovascular and CNS therapy areas, and is currently experiencing strong growth. Worth an estimated $35 billion in 2004, Datamonitor projects the sector to grow to $60 billion by 2008, yielding a compound annual growth rate (CAGR) of 8% over this period.

    In 2004, the top 20 cancer drugs in each of the seven major pharmaceutical markets generated combined sales exceeding $27 billion, with the US accounting for 66% of this total, Japan 13% and the five EU countries 21% (Midas, IMS Health, April 2004). Collective sales in these markets represent approximately 77% of global oncology revenues.

    Over the next 10 years, Datamonitor predicts that of the cancer drugs that currently hold a top 20 position in one or more of the seven markets, only those in the innovative and supportive care classes will maintain a positive CAGR. Conversely, cytotoxics and antihormonals will experience declining sales.


    Reasons to Purchase

  • Understand market specific drivers and predict the future performance of key compounds
  • Quantify the impact of key patent expiries
  • Adopt knowledge to drive strategic planning for the lifecycle management of mature products and to optimize the market penetration of new entrants

    • Table of Contents

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