Tuesday, 17 December 2019

Head and Neck Cancer Drugs Market Poised to Achieve Significant Growth in the coming Years


The Head and Neck Cancer Drugs Market is expected to grow from $ 1.3 billion in 2017 to $ 2.28 billion by 2025, with a CAGR of 7.3% over the period 2018-2025.
The report includes the major market players in the industry, such as AstraZeneca PLC, Eli Lilly and Company (ARMO Biosciences), F. Hoffmann-La Roche Ltd. (Genentech, Inc.), Merck & Co., Inc., Novartis AG, Bristol-Myers Squibb Company, Fortress Biotech, Inc. (Checkpoint Therapeutics, Inc.), Immutep Limited, Merck KGaA (EMD Serono, Inc.), and Pfizer Inc.
The market is segmented based on drug class, sales channel, and geographical conditions. Based on drug classes, the market is segmented into chemotherapy, immunotherapy, and targeted therapies. The chemotherapy segment accounted for the largest share in 2017, accounting for almost half of the overall market share. However, the immunotherapy segment is expected to show the fastest CAGR of 12.1% during the forecast period.
Based on sales channels, the market is divided into hospital pharmacies, drug stores and retail pharmacies, and online stores. The drugstore and retail pharmacy segments dominate the market in terms of revenue and account for about 58% of total market share in 2017. However, the online store segment is projected to draw the fastest CAGR of 10.2% until 2025.
Based on geography, the market is divided into North America, Europe, Asia Pacific, Latin America, Middle East, Africa (LAMEA). North America accounted for the largest share in 2017, accounting for about half of the total market. However, the Asia Pacific region is estimated to show the fastest CAGR of 9.7% during the forecast period.
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