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The bone cancer drugs market share is expected to increase by USD 996.69 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 5.46%.
This bone cancer drugs market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers bone cancer drugs market segmentation by market landscape (osteosarcoma, ewing's sarcoma, chondrosarcoma, and other bone cancers) and geography (North America, Europe, Asia, and ROW). The bone cancer drugs market report also offers information on several market vendors, including Amgen Inc., Baxter International Inc., Bayer AG, Bristol-Myers Squibb Co., Eisai Co. Ltd., F. Hoffmann-La Roche Ltd., Merck and Co. Inc., Novartis AG, Sun Pharmaceutical Industries Ltd., and Teva Pharmaceutical Industries Ltd. among others.
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Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The strong prevalence of osteosarcoma in younger patients is notably driving the bone cancer drugs market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the bone cancer drugs industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Bone Cancer Drugs Market Driver
The rising prevalence of osteosarcoma in younger patients will increase the need for bone cancer drugs and targeted therapies such as XGEVA for its treatment. Osteosarcoma affects the bones around the knee and creates complications in terms of mobility in patients. Furthermore, the expected approval of novel bone cancer drugs currently in the late stages of their clinical trial will support the sales of bone cancer drugs for osteosarcoma treatment. These factors will drive the bone cancer drugs market during the forecast period.
Key Bone Cancer Drugs Market Trend
The emergence of targeted therapies for the treatment of bone cancer will drive bone cancer drugs market growth. Targeted therapies such as PD-1, PD-L1, and SRC family kinase inhibitors are being approved for the treatment of various types of bone cancers. Moreover, companies are developing therapies, which would target the mutated genes and suppress the multiplication of cancer cells in bones.
This bone cancer drugs market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the bone cancer drugs market encompasses successful business strategies deployed by the key vendors. The bone cancer drugs market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The bone cancer drugs market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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51% of the bone cancer drugs market growth will originate from North America during the forecast period. The US and Canada are the key markets for bone cancer drugs in North America.
North America has been exhibiting a significant growth rate for bone cancer drugs market vendors. Factors such as the high sales of approved drugs and chemotherapy drugs will facilitate the bone cancer drugs market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The bone cancer drugs market share growth by the osteosarcoma segment will be significant during the forecast period. The high efficacy and the long-term progression-free nature of the drugs for the treatment of various cancer indications, including osteosarcoma, are expected to attract more patients to undergo treatment using these drugs. Also, factors such as increasing awareness about osteosarcoma are fueling the adoption of bone cancer drugs. This report provides an accurate prediction of the contribution of all the segments to the growth of the bone cancer drugs market size.
This report provides an accurate prediction of the contribution of all the segments to the growth of the bone cancer drugs market size and actionable market insights on post COVID-19 impact on each segment.
Bone Cancer Drugs Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.46% |
Market growth 2021-2025 |
USD 996.69 million |
Market structure |
Concentrated |
YoY growth (%) |
4.80 |
Regional analysis |
North America, Europe, Asia, and ROW |
Performing market contribution |
North America at 51% |
Key consumer countries |
US, Germany, Canada, UK, and China |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Amgen Inc., Baxter International Inc., Bayer AG, Bristol-Myers Squibb Co., Eisai Co. Ltd., F. Hoffmann-La Roche Ltd., Merck and Co. Inc., Novartis AG, Sun Pharmaceutical Industries Ltd., and Teva Pharmaceutical Industries Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Indication
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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