Global Oncology/Cancer Drugs Market Is Expected to Reach $111.9 Billion by 2020, Finds New Report
Global Oncology/Cancer Drugs Market - Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 - 2020 forecasts the market to reach $111.9 billion by 2020, registering a CAGR of 7.1% from 2014 to 2020. Increase in adoption of combination therapies instead of traditional cytotoxic therapies is a major factor that contributes to the market growth. The combinational therapies which includes targeted therapy and immunotherapy (Biologics therapy), is expected to witness ~10% surge in its market share collectively by 2020.
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