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MarkNtel Advisors GCC Oncology/Cancer Drugs Market Analysis, 2020
MarkNtel Advisors GCC Oncology/Cancer Drugs Market Analysis, 2020
com
GCC Oncology/Cancer
Drugs Market Analysis,
2020
Document Outline
Introduction
02
About Us, Key Questions Answered In This Study
Table of Content 05
Market Segmentation, Scope of Work
Sample Pages 21
GCC Oncology/Cancer Drugs Market Analysis, 2020
Commercials 43
Disclaimer 45
• Amgen Inc.
• Astellas MENA/SSA
Introduction
02
About Us, Key Questions Answered In This Study
Table of Content 05
Market Segmentation, Scope Of Work
Sample Pages 21
GCC Oncology/Cancer Drugs Market Analysis, 2020
Commercials 43
Disclaimer 45
CAGR
CAGR
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
• The GCC oncology/cancer drugs market is augmenting over the past couple of years. The availability of generic drugs, reimbursement
policy, and rising tobacco smoking are the main factors that contributed to the growth of the market. Tobacco smoking is a key reason for
diagnosed lung, urinary bladder, and colorectal cancer among male individuals in GCC. With the surging number of such cancer patients in
the region, the demand for cancer drugs is flourishing through 2015.
• The outbreak of COVID-19 has generated a situation of lockdown and overburden of patients in healthcare settings. Due to this reason, the
low-risk cancer procedures and diagnostic tests of cancer were suspended, which leads to lesser number of new cancer patients
diagnosed in early 2020 in the gulf countries. However, with the marginalizing impact of COVID-19, the demand for cancer drugs is set to
proliferate during the forecast period.
2019 2025F
Chemotherapy Chemotherapy
Surgical Surgical
Radiation Radiation
Immunotherapy Immunotherapy
Others Others
*These are dummy charts and do not represent actual value Source: MarkNtel Advisors
• Targeted Therapy: The growing adoption of advanced therapies for the treatment of cancer amid end-users in the region has been
generating the demand for targeted drugs over the last few years. Furthermore, the increasing demand for combination therapy for cancer
treatment also driving the additional sales of targeted drugs since 2015. For instance: use of targeted therapy with chemotherapy, targeted
therapy with immunotherapy, etc. These are among few of the key factors that contributed to the positive growth of the targeted therapy
segment in the Gulf region.
• Breast, lung, and colorectal cancer are majorly diagnosed in the population of GCC, and targeted therapy is widely used for the treatment
of such cancers over the past couple of years. The mushrooming cases of such cancers in the region vaticinated to propel the utilization of
targeted therapy. Thus, the market revenue of the targeted therapy segment would flourish by 2025.
Breast Cancer
Lung Cancer
Kidney Cancer
Liver cancer
Ovarian Cancer
2019 Prostate Cancer
2025F
Skin Cancer
Pancreatic Cancer
Colorectal Cancer
Blood Cancer
Others
*These are dummy charts and do not represent actual value Source: MarkNtel Advisors
• Breast Cancer: This is among the prime segment that supports the GCC oncology/cancer drugs market to grow over the past few years.
Breast cancer is the most common cancer diagnosed among women aged less than 50 years in the region due to overweight. The
increasing prevalence of overweight has been surging the risk of developing breast cancer among women, thus anticipated that the
demand for oncology drugs would increase during 2020-25.
• The growing awareness about early diagnosis among individuals expected to surge the number of breast cancer patients in the gulf
countries. Moreover, the increasing pharmaceutical companies' focus to launch new drugs for effective treatment of breast cancer has
been soaring the drug pipeline. Hence, the market share of the segment would escalate by 2025.
CAGR
Country 2019 2025F
(2020-25)
Oman
Qatar XX% XX% XX%
CAGR
CAGR
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
• The UAE oncology/cancer drugs market dominated the GCC market over the past few years. The UAE market has foreseen a positive
growth due to initiatives taken by the government and organizations. The country’s healthcare expenditure is set to grow at a aCAGR of
around 5% during 2020-25. In addition, the government sponsored cancer research programs in collaboration with foreign research
centers is set to have a positive impact on cancer drugs market. The Emirates Oncology Society (EOS) collaborated with AstraZeneca in
2020 for generating awareness among individuals and mass screening of cancer to decline the mortality rate of cancer by 18% by 2021.
The patients diagnosed with cancer is anticipated to escalate and would add more demand for oncology cancer in the coming years.
• In addition, several non profit organization are also playing an anchor role in creating awareness about cancer among individuals in UAE.
For instance: Friends of Cancer Patients (FOCP), a non-profit organization has launched Ramadan Zakat Campaign “I Deserve a Life” in
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