According to IMARC Group’s latest report, titled “Oncology Active Pharmaceutical Ingredients (APIs) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global market exhibited strong growth during 2021-2026. Oncology active pharmaceutical ingredient (API) refers to a combination of biologically active substances used in anti-cancer drugs. Some of the common elements of oncology API include alkylating agents, antimetabolites, cytotoxic, hormones, and signal transduction inhibitors. These ingredients are effective in investigating, diagnosing, treating, and preventing the growth of malignant diseases. Oncology APIs aim to destroy cancer cells without harming normal cells.
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The increasing prevalence of cancer and rising concerns regarding the harmful side-effects of chemotherapy as an anti-cancer treatment are majorly driving the global oncology APIs market. Additionally, extensive research and development (R&D) activities in the study of tumors and improving the efficiency of various APIs to target cancer cells are further supporting the market growth. Apart from this, rising investments across the pharmaceutical industry for the discovery and the development of efficient anti-cancer drugs is creating a positive outlook for the market. Looking forward, IMARC Group expects the global oncology active pharmaceutical ingredients (APIs) market to continue its robust growth during the forecast period (2021-2026).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Segmentation:
Drug Type:
- Innovative Oncology APIs
- Generic Oncology APIs
Manufacturer Type:
- Captive Manufacturers
- Merchant Manufacturers
Type of Synthesis
- Synthetic Oncology APIs
- Biotech Oncology APIs
Indication:
- Lung Cancer
- Breast Cancer
- Colorectal Cancer
- Prostate Cancer
- Stomach Cancer
- Liver Cancer
- Esophagus Cancer
- Cervical Cancer
- Others
Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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