Drug manufacturing companies in the ovarian cancer drugs industry are increasingly innovating and developing combination drugs to treat ovarian cancer. Combination drugs consists of two or more active pharmaceutical ingredients (APIs) that are combined into a single dosage form to treat complex medical conditions. The pharmaceutical companies in the ovarian cancer drugs market are investing on the research and development of innovative products such as combination drugs to reduce manufacturing costs, increase compliance and efficiency, improve medication concordance, increase profitability and reduce side effects.
The ovarian cancer drugs market consists of sales of ovarian cancer drugs to treat ovarian cancer. Ovarian cancer is caused due to abnormal growth of cells in ovary. This industry includes establishments that produce drugs used in chemotherapy, radiation, and surgery for treating ovarian cancer. The ovarian cancer drugs include Paclitaxel, Cisplatin, Adriamycin PFS (Doxorubicin Hydrochloride), Carboplatin, Cyclophosphamide, Platinol (Cisplatin), Paraplatin (Carboplatin), Doxorubicin Hydrochloride Liposome, Evacet (Doxorubicin Hydrochloride Liposome), Cytoxan (Cyclophosphamide), Paraplat (Carboplatin), Taxol (Paclitaxel), Neosar (Cyclophosphamide) and others.
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The global ovarian cancer drugs market was valued at about $1.3 billion in 2018 and is expected to grow to nearly $2 billion at a growth rate of around 11% through 2022.
North America was the largest region in the ovarian cancer drugs market in 2018, followed by Europe. This region is expected to remain the largest during the next five years.
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The rising incidence of ovarian cancer is driving the ovarian cancer drugs market. In 2018, according to the World Cancer Research Fund International (WCRF), there were nearly 300,000 new ovarian cancer cases recorded globally. Furthermore, ovarian cancer is recorded to be the eighth most commonly occurring cancer in women and the 18th most commonly occurring cancer across the globe.
The ovarian cancer drugs market 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 growth by geography.