Cancer is the second-leading cause of death worldwide accounting for ~10 million deaths in 2020. The incidence of cancer has reached mammoth numbers with India being the third country with the maximum number of cancer cases. As per National Cancer Registry Program Report 2020, cancer cases in the country are likely to increase to 15.6 lakhs by 2025. Most common cancers being lung (10.6%), breast (10.5%), esophagus (5.8%), mouth (5.7%), stomach (5.2%), liver (4.6%), and cervix (4.3%) that accounted for more than 40% of the total disease burden.
Fast-paced lifestyles, unhealthy eating habits and consumption of alcohol and tobacco are some of the major factors attributed to the increasing number of cancer cases.
The Indian Oncology market is riding on a good growth trajectory of 21% growth rate with immunosuppressant & monoclonal antibodies constituting the highest market share. The market is expected to reach over US$ 581.25 billion by 2030 with a CAGR of 8.2%. The continued launch of innovative medicines is one of the key drivers fueling the growth in oncology.
The following analysis gives insights into the oncology therapy area as an overall specialty based on the online behavior of Oncologists on Docplexus platform.
Note: The details refer to only a basic therapy area analysis to provide an overview of Docplexus capabilities, solutions, and offerings. For more in-depth insights relevant to your molecule/brand/therapy area, please contact our team.
(Ref: WHO-Int- News Room, IQVIA Market Reflection Report Apr 2024, Precedence Research- Oncology Market)
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