Africa Oncology Drugs Market Analysis Report 2022 to 2030

Africa Oncology Drugs Market Analysis

$ 3999

This report presents a strategic analysis of the Africa Oncology Drugs Market and a forecast for its development in the medium and long term. It provides a broad overview of the market dynamics, trends and insights, growth drivers and restraints, segmentation, competitive landscape, healthcare policies and regulatory framework, reimbursement scenario, challenges and future outlook. This is one of the most comprehensive reports about the Africa Oncology Drugs Market, offering unmatched value, accuracy and expert insights.

ID: IN10AFPH018 CATEGORY: Pharmaceuticals GEOGRAPHY: Africa

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Africa Oncology Drugs Market Executive Summary

Africa is the second-largest continent in terms of land and population, after Asia. It covers one-fifth of the planet's land area and is home to 14% of the world's inhabitants. It is rapidly growing and improving in every field, and the world's attention is steadily shifting to the continent over time.

Recognized as one of the most diversified lands, Africa is home to a population that comes from different nationalities, identities, and cultures. Diversity is in the very nature of Africa and this is exactly what makes it complicated to provide quality healthcare. Furthermore, healthcare providers face difficulties such as inconsistent development, a lack of infrastructure, and overall healthcare resource education and development. A noticeable difference in healthcare facilities, as well as brain drain as experienced healthcare personnel, leave Africa in search of a higher standard of living. Revenue in the Health Care segment is projected to reach US$664.20m in 2022. Revenue is expected to show an annual growth rate (CAGR 2022-2025) of 17.04%, resulting in a projected market volume of US$1,065.00m by 2025In the Health Care segment, the number of users is expected to amount to 137.1m users by 2025.

The pharmaceutical industry covers all aspects of medication research, development, production, and distribution. Pharma revenues worldwide reached $1.42 trillion in 2021 due to the market's rapid growth over the previous two decades. With the introduction of new technology as well as more economical and effective manufacturing techniques, the industry has experienced a significant transition. Additionally, the market growth has been positively driven by rising investment flow in this sector.

Cancer is a class of chronic diseases that is characterized by the uncontrolled growth of cells. The most common cancer types are breast cancer, lung cancer, colorectal cancer, uterine cancer, and thyroid cancer. According to their mode of action, the three primary categories of medications used to treat cancer are cytotoxic medications, targeted medications, and hormonal medications. The market for oncology pharmaceuticals has experienced rapid expansion in recent years as a result of rising drug approval rates and the introduction of biosimilar cancer therapy products. In addition, rising research and development efforts for novel cancer medications that are extremely effective and have few adverse effects have been sparked by rising healthcare spending on cancer by the major players.

The global oncology drugs market is estimated to be valued at US$ 286.04 Bn in 2021 and is expected to exhibit a CAGR of 8.2% over the forecast period (2021-2030).

Africa Oncology Drugs Market Size (In USD Bn) (2021-2030F)

Market Dynamics

Market Growth Drivers Analysis

The growth of the oncology drugs market is driven by an increase in the prevalence of cancer disease and the rise in the incidence of various cancer conditions, an increase in the popularity of advanced therapies, and a surge in the geriatric population worldwide.

Market Restraints

The high cost involved in new drug development coupled with the threat of failure & adverse effects associated with cancer drug therapies poses to restrain the growth of oncology.

Competitive Landscape

Key Players

Major players in Oncology Drugs Market are F. Hoffmann-La Roche AG, Novartis AG, Bristol-Myers Squibb Company, Merck & Co., Inc., Johnson & Johnson, Pfizer Inc., AstraZeneca, AbbVie Inc., Astellas Pharma Inc.

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Oncology Drugs Market Segmentation

By Drug class

Cytotoxic drugs
- Alkylating agents
- Antimetabolites
- Others
Targeted drugs
- Monoclonal antibodies
- Others
Hormonal drugs
Others

By Therapy

Chemotherapy
Targeted therapy
Immunotherapy

By Indication

Lung cancer
Stomach cancer
Colorectal cancer
Breast cancer
Prostate cancer
Others

By Dosage form

Solid
- Tablets
- Capsules
Liquid
Injectable
- Prefilled syringes
- Others

By Distribution channel

Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
?Others

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.