DUBLIN–(Business Wire)–
Research and Markets
(http://www.researchandmarkets.com/research/5d1b7e/overview_of_indian) has
announced the addition of Frost & Sullivan’s new report “Overview of Indian
Oncology Market” to their offering.
This Frost & Sullivan research service titled Overview of Indian Oncology Market
provides an understanding of various cancer indications and their market
structure. In this research, Frost & Sullivan’s expert analysts thoroughly
examine the following markets: breast cancer, lung cancer market, prostate
cancer market, head and neck cancer market, ovarian cancer market, cervical
cancer market, renal cell carcinoma market and pancreatic cancer market.
Market Overview
Expanding Ageing Population and Better Outreach of Modern Therapies Fuels Growth
in the Indian Oncology Market
The Indian oncology market is witnessing strong growth alongside fast-paced
development in the pharmaceutical sector. The market is expected to grow at a
compound annual growth rate (CAGR) of 21 percent from 2008 to 2014, driven by
the introduction of new treatments, increasing number of patients on
chemotherapy, and improved access to modern cancer therapies. Cancer is one of
the ten leading causes of death in India. Nearly half the cases are curable if
detected early. Due to the high prevalence of cancer, the oncology market is
witnessing fast-paced growth. High spending on therapeutic drugs for cancer in
the emerging economies including India is fuelling market growth. “With the
expanding base of patients undergoing chemotherapy in the major markets and
greater access to modern therapies, cancer drugs are poised for widespread
uptake,” notes the analyst of this research service. “Moreover, the increase in
the ageing population is another factor contributing positive momentum for the
market.” A 40 to 50 percent increase in incidences can be seen for some of the
major cancer indications such a prostate cancer, breast cancer, ovarian cancer,
head and neck cancer. Also the high prevalence of smoking is loading to the
proliferation in the number of patients afflicted with lung cancer.
Trends indicate that the incidence of cancer will is set to assume dangerous
proportions in the future, making the disease one of the major chronic diseases
that will continue to impact peoples lives. Going forward, greater progress in
cancer therapy is envisioned along with more light being thrown on the cause of
the disease. Yet, it remains to be seen how much the refinement in the present
detection, diagnostic, and therapeutic technologies will help in containing the
spread of the disease. Large quantities of generic drugs are available in the
market for cancer treatment. Chemotherapy is highly genericised. These products
are low-priced and hence place restrictions on potential revenues.
In this market with increasing competition and generic players, it is important
to strategically position products as early in their life cycle as possible to
generate the most revenue prior to patent expiration. For the competitive
chemotherapy market, showing superior efficacy and less toxicity in combination
with targeted therapy drugs is one of the best ways to distinguish the product
over others. “To be successful in the cancer market of the future, it is
imperative for product to be established as an integral part of the standard
combination therapy regimen,” says the analyst. “This will guarantee strong
revenue and the most value to patients.” Identifying optimal drug combinations,
which significantly increase median survival, tumor resolution and reduce
toxicity and adverse effects should be the prime task for companies in the
cancer therapeutic market.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors
in this research:
* Pharmaceuticals
* Biotechnology
Key Topics Covered:
1. Executive Summary
2. Indian Oncology Market
3. Breast Cancer Market
4. Lung Cancer Market
5. Ovarian Cancer Market
6. Prostate Cancer Market
7. Head and Neck Cancer Market
8. Cervical Cancer Market
9. Renal Cell Carcinoma Market
10. Pancreatic Cancer Market
For more information visit
http://www.researchandmarkets.com/research/5d1b7e/overview_of_indian
Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
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