By 2030, it is anticipated that the Brazil Lung Cancer Therapeutics Market will reach a value of $1496 Mn from $745 Mn in 2022, growing at a CAGR of 9.1% during 2022-30. The Lung Cancer Therapeutics Market in Brazil is dominated by a few domestic pharmaceutical companies such as Eurofarma, Aché Laboratórios, and Libbs. The Lung Cancer Therapeutics Market in Brazil is segmented into different types of cancer and different therapy types. Some of the major factors affecting Brazil's lung cancer therapeutics market are the prevalence of unhealthy lifestyles, demand for targeted therapies, and the presence of highly efficient drugs.
By 2030, it is anticipated that the Brazil Lung Cancer Therapeutics market will reach a value of $1496 Mn from $745 Mn in 2022, growing at a CAGR of 9.1% during 2022-2030.
Brazil is an upper middle-income, developing and the largest country in South America bounded by the Atlantic Ocean. Lung cancer is the second most prevalent cancer in males and the fourth most common cancer in women in Brazil, with 18,740 and 12,530 new cases anticipated for 2018. It is the main cause of cancer death in men and the second greatest cause in women. However, these figures are greatly understated due to a high rate of underdiagnosis and underreporting. Another key driving force and the necessity for lung cancer care in Brazil is the creation of appropriate disease advocacy.
Empowering advocacy groups with the assistance of long-standing organisations such as the International Association for Lung Cancer Study can foster social impulses that can persuade the government, society, and industry to take appropriate action. According to the latest WHO data published in 2020 Lung Cancers Deaths in Brazil reached 31,659 or 2.81% of total deaths. The age-adjusted Death Rate is 13.20 per 100,000 of the population ranks Brazil 87th in the world. Brazil's government spends 10.3 % of its GDP on healthcare.
Market Growth Drivers
Between August 2015 and December 2016, 52 % of patients with lung cancer had minimally invasive anatomical lung resection, according to the Brazilian Thoracic Surgery database. Robotic-assisted thoracic surgery has recently become popular. In Brazil, the incidence of adenocarcinoma has steadily increased in comparison to that of squamous cell carcinoma; in fact, it has become the main histologic type. Furthermore, the prevalence of NSCLC has been decreasing in men while increasing in women, primarily among non-smokers. These aspects could boost Brazil's Lung Cancer Therapeutics market.
Market Restraints
Access to radiotherapy facilities is a societal issue in Brazil, with over 100,000 individuals dying each year due to a lack of proper radiation therapy. Local public health system restrictions, manifested by low per capita investments, are key impediments to the recommendation and implementation of lung cancer screening locally; additionally, practicality, cost-effectiveness, and access remain to be determined in Brazil. Brazil's healthcare system is fragmented, with both public and private providers coexisting. This might make it difficult for patients and physicians to obtain and administer lung cancer medications. High manufacturing costs limit Brazil's competitiveness (wages, energy, logistics, and loans). These factors may deter new entrants into the Brazil Lung Cancer Therapeutics market.
Key Players
May 2022: Eurofarma, one of the most innovative Brazilian pharmaceutical businesses, has just announced a collaboration with Shanghai Henlius Biotech, Inc., a Chinese pharmaceutical company specialising in biologic pharmaceuticals, for the production and distribution of three biosimilars in Latin America. The firms' new licencing arrangement will allow Eurofarma to extend its line of cancer products in the countries where it operates, providing more treatment alternatives to the local market.
Lung cancer therapeutics in Brazil are regulated and reimbursed by several bodies, including the National Health Surveillance Agency (ANVISA), the Brazilian Ministry of Health, and the Brazilian healthcare system. ANVISA oversees regulating and approving lung cancer medicines in Brazil. Through the Sistema Único de Saúde (SUS) - Unified Health System, the Brazilian healthcare system provides universal healthcare coverage to all Brazilian people. Also, certain lung cancer therapies may be offered by special programmes run by the Brazilian Ministry of Health, such as the Programa de Medicamentos de Alto Custo, which offers funds for high-cost medicines that are not normally available.
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
By Type (Revenue, USD Billion):
By Therapy (Revenue, USD Billion):
By Type of Molecule (Revenue, USD Billion):
By Drug Class (Revenue, USD Billion):
By Distribution Channel (Revenue, USD Billion):
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