Cervical Cancer Drugs Global Market To Reach Value Of Almost $10 Billion In 2025
4 Oct, 2021
The cervical cancer drugs market consists of sales of cervical cancer drugs used for the treatment of cervical cancer in women. The cervical cancer is the medical condition in which there is a tumor formation in the lower portion of uterus which is known as cervix.
Global Cervical Cancer Drugs Market Size And Drivers:
The global cervical cancer drugs market is expected to grow from $7.92 billion in 2020 to $8.09 billion in 2021 at a compound annual growth rate (CAGR) of 2.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $9.73 billion in 2025 at a CAGR of 4.7%. The increasing prevalence of HIV (Human immunodeficiency virus) in women is driving the growth of the cervical cancer drugs market.
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Trends In The Global Cervical Cancer Drugs Market
The cervical cancer drugs market is experiencing a number of significant trends that helps in efficient and targeted treatment of the disease including advances in drug delivery. One such trend is the use of drugs that can be delivered directly from the vagina such as drugs using vaginal formulations as gels, creams, pessaries, rings, films and tablets. These drugs ease the localized treatment of cervical cancer. The formulation of these drugs is in such a way that they get easily absorbed into vaginal tissue and reach the site of action. For instance, companies introduced vaginal gels such as Cidofovir gel and 851B Gel into the market to treat cervical cancer. As per the reports by International Council for Harmonization of Technical Requirements for Pharmaceuticals for Human Use (ICH)'s Clinical Trials Registry, 851B Gel is in trial phase. Whereas Cidofovir gel, sold under the brand name Vistide, is already a success in the market. In addition to the above-mentioned gels, drugs such as ISA101, AGEN2034 and Z-100 are in pipeline and promise growth to the cervical cancer drugs market.
Global Cervical Cancer Drugs Market Segments:
The global cervical cancer drugs market is further segmented –
By Cancer Type: Squamous Cell Cancer, Adenocarcinoma
By Drug Type: Avastin, Bevacizumab, Bleomycin, Blenoxane, Others
By Distribution Channel: Hospitals Pharmacies, Retail Pharmacies, Others
By Geography: The global cervical cancer drugs market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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https://www.thebusinessresearchcompany.com/report/cervical-cancer-drugs-global-market-reportCervical Cancer Drugs Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides cervical cancer drugs market overviews, analyzes and forecasts market size and growth for the global cervical cancer drugs market, cervical cancer drugs market share, cervical cancer drugs market players, cervical cancer drugs market segments and geographies, cervical cancer drugs market’s leading competitors’ revenues, profiles and market shares. The cervical cancer drugs market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.