Global Oncology
Injection Drug Market is expected to grow at a significant CAGR
in the upcoming years as the scope, product types and its applications are
increasing across the globe. Oncology is a branch of medicine that deals with
the diagnosis, prevention, and treatment of cancer. Oncology Injection Drug
industry is being driven by the growing types of oncological disorders, the
increasing demand for biological and targeted drug therapies, constant patent
expiry on the part of key cancer drugs, and the increasing impact of
biosimilars.
Furthermore, Oncology Injection
Drugs are used to help relieve symptoms such as pain and sickness. Oncology
Injection Drugs are booming business for pharmaceutical and biotechnological
industry. Almost all the major companies are currently manufacturing oncology
drugs or have oncology Injection Drugs in their pipeline as potential
medications in the years to come.
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Oncology Injection Drug Market is
categorized based on product type, application, and geography. This market is
categorized based on product types such as Organs, Central Nervous System, and
Circulatory/Musculoskeletal System. Oncology Injection Drug Market is
categorized based on application into Lymphoma, Myeloma, and Prostate Cancer.
Oncology Injection Drug Market is
categorized based on geography into Asia Pacific (China, India, ASEAN,
Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S.
Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest
of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest
of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern
Europe).
North America has been at the
forefront with regards to Oncology Injection Drug Market and will continue to
rule the roost in the years to come. Some of the key players that fuel the
growth of the Oncology Injection Drug Industry include Millennium
Pharmaceuticals, Taj Oncology, AdvaCare, S.G. Biopharm, Merrimack, Allos
Therapeutics, Celgene, Corden Pharma, Ferring Pharmaceuticals, Debiopharm,
Alza, Genzyme, Pharmascience, Praecis Pharmaceuticals, Eli Lilly. The key
players are focusing on inorganic growth to sustain themselves amidst fierce
competition. As such, mergers, acquisitions, and joint ventures are the need of
the hour.
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