This Cancer Supportive Care Products industry report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The cancer supportive care products market size has grown steadily in recent years. It will grow from $20.58 billion in 2023 to $21.56 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth during the historic period can be attributed to the rising incidence of cancer, increased awareness and education, enhancements in healthcare infrastructure, a growing geriatric population, and advancements in early detection.
The cancer supportive care products market size is expected to see steady growth in the next few years. It will grow to $26.1 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The anticipated growth during the forecast period can be attributed to the increasing prevalence of cancer, a shift toward patient-centric approaches, growing investment in cancer research, a rising focus on personalized medicine, and improved cancer survival rates. Key trends expected include technological advancements, advanced drug delivery systems, new drug formulations, personalized care, and the development of biodegradable products.
The growing incidence of cancer is expected to drive the expansion of the cancer supportive care products market in the future. As populations age, the risk of cancer increases due to cellular changes and prolonged exposure to various risk factors. Additionally, lifestyle factors such as smoking, poor diet, insufficient physical activity, and excessive alcohol consumption contribute significantly to cancer risk. Cancer supportive care products are designed to manage symptoms, enhance quality of life, and support patients undergoing treatment, addressing the increasing need due to the rising cancer rates. For example, in January 2024, the American Cancer Society, a US-based non-profit organization focused on cancer elimination, projected 58,450 cases of oral cavity and pharynx cancer, marking a 7.2% increase from the 54,540 cases reported in 2023. Consequently, the rising incidence of cancer is expected to propel the growth of the cancer supportive care products market.
Leading companies in the cancer supportive care products market are working on innovations such as targeted radioligand therapy (RLT) platforms to improve treatment effectiveness, reduce side effects, and enhance patient outcomes. RLT platforms use radiolabeled molecules that specifically bind to cancer cell markers to deliver targeted radiation, destroying cancer cells while preserving healthy tissue. For instance, in May 2022, Novartis AG, a Switzerland-based pharmaceutical company, received FDA approval for Pluvicto (lutetium Lu 177 vipivotide tetraxetan) for the treatment of prostate-specific membrane antigen-positive metastatic castration-resistant prostate cancer (PSMA-positive mCRPC) that has not responded to previous treatments. Pluvicto is the first FDA-approved targeted radioligand therapy for this condition, combining a targeting ligand with a therapeutic radioisotope. Additionally, the FDA approved Locametz (gallium Ga 68 gozetotide injection), used in PET scans to detect PSMA-positive lesions, aiding in the identification of cancer spread and determining suitability for Pluvicto treatment.
In October 2023, Eli Lilly and Company, a US-based pharmaceutical firm, acquired POINT Biopharma Global Inc. for an undisclosed sum. This acquisition aims to enhance Eli Lilly's capabilities in targeted radiopharmaceuticals for cancer treatment. POINT Biopharma Global Inc., a US-based biotechnology company, focuses on developing and commercializing radiopharmaceuticals for targeted cancer therapies.
Major companies operating in the cancer supportive care products market are Johnson & Johnson, F. Hoffmann-La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Bayer AG, Abbott Laboratories, Novartis AG, GlaxoSmithKline plc, Amgen Inc., Becton Dickinson and Company, Teva Pharmaceutical Industries Limited, Baxter International Inc., Daiichi Sankyo Company Limited, Agilent Technologies Inc., Hologic Inc., Illumina Inc., Kyowa Hakko Kirin Co. Ltd., QIAGEN N.V., Exelixis Inc., Fagron Group B.V., Tessa Therapeutics Pte Ltd., Mirati Therapeutics Inc., APR Applied Pharma Science Research S.A., Acacia Pharma Ltd., Arquer Diagnostics Ltd.
North America was the largest region in the cancer supportive care products market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cancer supportive care products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cancer supportive care products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cancer supportive care products encompass a range of medical treatments, therapies, and products designed to manage and alleviate the symptoms, side effects, and complications associated with cancer and its treatments. These products aim to enhance the quality of life for cancer patients by providing physical, emotional, and psychological support.
Key categories of drugs in cancer supportive care include nonsteroidal anti-inflammatory drugs (NSAIDs), anti-infective drugs, anti-emetics, monoclonal antibodies, erythropoietin-stimulating agents, opioid analgesics, bisphosphonates, and granulocyte colony-stimulating factors. NSAIDs, for example, help reduce inflammation, pain, and fever by inhibiting enzymes involved in the inflammatory process, which assists in managing pain and discomfort related to cancer and its treatments. These products are used for various types of cancer, including lung, breast, prostate, liver, bladder, leukemia, ovarian, and melanoma cancers. They are distributed through hospital pharmacies, retail pharmacies, and compounding pharmacies.
The cancer supportive care products market research report is one of a series of new reports that provides cancer supportive care products market statistics, including cancer supportive care products industry global market size, regional shares, competitors with an cancer supportive care products market share, detailed cancer supportive care products market segments, market trends and opportunities, and any further data you may need to thrive in the cancer supportive care products industry. This cancer supportive care products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cancer supportive care products market consists of sales of medications, nutritional supplements, pain management products, and therapeutic devices. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The cancer supportive care products market size has grown steadily in recent years. It will grow from $20.58 billion in 2023 to $21.56 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth during the historic period can be attributed to the rising incidence of cancer, increased awareness and education, enhancements in healthcare infrastructure, a growing geriatric population, and advancements in early detection.
The cancer supportive care products market size is expected to see steady growth in the next few years. It will grow to $26.1 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The anticipated growth during the forecast period can be attributed to the increasing prevalence of cancer, a shift toward patient-centric approaches, growing investment in cancer research, a rising focus on personalized medicine, and improved cancer survival rates. Key trends expected include technological advancements, advanced drug delivery systems, new drug formulations, personalized care, and the development of biodegradable products.
The growing incidence of cancer is expected to drive the expansion of the cancer supportive care products market in the future. As populations age, the risk of cancer increases due to cellular changes and prolonged exposure to various risk factors. Additionally, lifestyle factors such as smoking, poor diet, insufficient physical activity, and excessive alcohol consumption contribute significantly to cancer risk. Cancer supportive care products are designed to manage symptoms, enhance quality of life, and support patients undergoing treatment, addressing the increasing need due to the rising cancer rates. For example, in January 2024, the American Cancer Society, a US-based non-profit organization focused on cancer elimination, projected 58,450 cases of oral cavity and pharynx cancer, marking a 7.2% increase from the 54,540 cases reported in 2023. Consequently, the rising incidence of cancer is expected to propel the growth of the cancer supportive care products market.
Leading companies in the cancer supportive care products market are working on innovations such as targeted radioligand therapy (RLT) platforms to improve treatment effectiveness, reduce side effects, and enhance patient outcomes. RLT platforms use radiolabeled molecules that specifically bind to cancer cell markers to deliver targeted radiation, destroying cancer cells while preserving healthy tissue. For instance, in May 2022, Novartis AG, a Switzerland-based pharmaceutical company, received FDA approval for Pluvicto (lutetium Lu 177 vipivotide tetraxetan) for the treatment of prostate-specific membrane antigen-positive metastatic castration-resistant prostate cancer (PSMA-positive mCRPC) that has not responded to previous treatments. Pluvicto is the first FDA-approved targeted radioligand therapy for this condition, combining a targeting ligand with a therapeutic radioisotope. Additionally, the FDA approved Locametz (gallium Ga 68 gozetotide injection), used in PET scans to detect PSMA-positive lesions, aiding in the identification of cancer spread and determining suitability for Pluvicto treatment.
In October 2023, Eli Lilly and Company, a US-based pharmaceutical firm, acquired POINT Biopharma Global Inc. for an undisclosed sum. This acquisition aims to enhance Eli Lilly's capabilities in targeted radiopharmaceuticals for cancer treatment. POINT Biopharma Global Inc., a US-based biotechnology company, focuses on developing and commercializing radiopharmaceuticals for targeted cancer therapies.
Major companies operating in the cancer supportive care products market are Johnson & Johnson, F. Hoffmann-La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Bayer AG, Abbott Laboratories, Novartis AG, GlaxoSmithKline plc, Amgen Inc., Becton Dickinson and Company, Teva Pharmaceutical Industries Limited, Baxter International Inc., Daiichi Sankyo Company Limited, Agilent Technologies Inc., Hologic Inc., Illumina Inc., Kyowa Hakko Kirin Co. Ltd., QIAGEN N.V., Exelixis Inc., Fagron Group B.V., Tessa Therapeutics Pte Ltd., Mirati Therapeutics Inc., APR Applied Pharma Science Research S.A., Acacia Pharma Ltd., Arquer Diagnostics Ltd.
North America was the largest region in the cancer supportive care products market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cancer supportive care products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cancer supportive care products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cancer supportive care products encompass a range of medical treatments, therapies, and products designed to manage and alleviate the symptoms, side effects, and complications associated with cancer and its treatments. These products aim to enhance the quality of life for cancer patients by providing physical, emotional, and psychological support.
Key categories of drugs in cancer supportive care include nonsteroidal anti-inflammatory drugs (NSAIDs), anti-infective drugs, anti-emetics, monoclonal antibodies, erythropoietin-stimulating agents, opioid analgesics, bisphosphonates, and granulocyte colony-stimulating factors. NSAIDs, for example, help reduce inflammation, pain, and fever by inhibiting enzymes involved in the inflammatory process, which assists in managing pain and discomfort related to cancer and its treatments. These products are used for various types of cancer, including lung, breast, prostate, liver, bladder, leukemia, ovarian, and melanoma cancers. They are distributed through hospital pharmacies, retail pharmacies, and compounding pharmacies.
The cancer supportive care products market research report is one of a series of new reports that provides cancer supportive care products market statistics, including cancer supportive care products industry global market size, regional shares, competitors with an cancer supportive care products market share, detailed cancer supportive care products market segments, market trends and opportunities, and any further data you may need to thrive in the cancer supportive care products industry. This cancer supportive care products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cancer supportive care products market consists of sales of medications, nutritional supplements, pain management products, and therapeutic devices. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Cancer Supportive Care Products Market Characteristics3. Cancer Supportive Care Products Market Trends and Strategies32. Global Cancer Supportive Care Products Market Competitive Benchmarking33. Global Cancer Supportive Care Products Market Competitive Dashboard34. Key Mergers and Acquisitions in The Cancer Supportive Care Products Market
4. Cancer Supportive Care Products Market - Macro Economic Scenario
5. Global Cancer Supportive Care Products Market Size and Growth
6. Cancer Supportive Care Products Market Segmentation
7. Cancer Supportive Care Products Market Regional and Country Analysis
8. Asia-Pacific Cancer Supportive Care Products Market
9. China Cancer Supportive Care Products Market
10. India Cancer Supportive Care Products Market
11. Japan Cancer Supportive Care Products Market
12. Australia Cancer Supportive Care Products Market
13. Indonesia Cancer Supportive Care Products Market
14. South Korea Cancer Supportive Care Products Market
15. Western Europe Cancer Supportive Care Products Market
16. UK Cancer Supportive Care Products Market
17. Germany Cancer Supportive Care Products Market
18. France Cancer Supportive Care Products Market
19. Italy Cancer Supportive Care Products Market
20. Spain Cancer Supportive Care Products Market
21. Eastern Europe Cancer Supportive Care Products Market
22. Russia Cancer Supportive Care Products Market
23. North America Cancer Supportive Care Products Market
24. USA Cancer Supportive Care Products Market
25. Canada Cancer Supportive Care Products Market
26. South America Cancer Supportive Care Products Market
27. Brazil Cancer Supportive Care Products Market
28. Middle East Cancer Supportive Care Products Market
29. Africa Cancer Supportive Care Products Market
30. Cancer Supportive Care Products Market Competitive Landscape and Company Profiles
31. Cancer Supportive Care Products Market Other Major and Innovative Companies
35. Cancer Supportive Care Products Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Cancer Supportive Care Products Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on cancer supportive care products market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for cancer supportive care products? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cancer supportive care products market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Drug Class: Nonsteroidal Anti-Inflammatory Drugs; Anti-Infective; Anti-Emetics; Monoclonal Antibodies; Erythropoietin Stimulating Agents; Opioid Analgesics; Bisphosphonates; Granulocyte Colony Stimulating Factor2) By Indication: Lung Cancer; Breast Cancer; Prostate Cancer; Liver Cancer; Bladder Cancer; Leukemia; Ovary Cancer; Melanoma Cancer; Other Indications
3) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Compounding Pharmacies
Key Companies Mentioned: Johnson & Johnson; F. Hoffmann-La Roche Ltd.; Merck & Co. Inc.; AbbVie Inc.; Bayer AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Johnson & Johnson
- F. Hoffmann-La Roche Ltd.
- Merck & Co. Inc.
- AbbVie Inc.
- Bayer AG
- Abbott Laboratories
- Novartis AG
- GlaxoSmithKline plc
- Amgen Inc.
- Becton Dickinson and Company
- Teva Pharmaceutical Industries Limited
- Baxter International Inc.
- Daiichi Sankyo Company Limited
- Agilent Technologies Inc.
- Hologic Inc.
- Illumina Inc.
- Kyowa Hakko Kirin Co. Ltd.
- QIAGEN N.V.
- Exelixis Inc.
- Fagron Group B.V.
- Tessa Therapeutics Pte Ltd.
- Mirati Therapeutics Inc.
- APR Applied Pharma Science Research S.A.
- Acacia Pharma Ltd.
- Arquer Diagnostics Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | October 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 21.56 Billion |
Forecasted Market Value ( USD | $ 26.1 Billion |
Compound Annual Growth Rate | 4.9% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |