Romania Oncology Therapeutics Market Analysis

Romania Oncology Therapeutics Market Analysis


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By 2030, it is anticipated that the Romania Oncology Therapeutics Market will reach a value of $1023 Mn from $527 Mn in 2022, growing at a CAGR of 8.65% during 2022-30. The Oncology Therapeutics Market in Romania is dominated by a few domestic pharmaceutical companies such as Ropharma, Oncogene, and Rovis Pharma. The Oncology Therapeutics Market in Romania is segmented into different types of cancer and different therapy type. The major risk factors associated with cancer are diet, alcohol, tobacco, air pollution, and physical inactivity. The demand for Romania Oncology Therapeutics is increasing on account of the rise in initiatives taken by the Government of the country.

ID: IN10ROPH042 CATEGORY: Pharmaceuticals GEOGRAPHY: Romania AUTHOR: Dr. Vishwa Modhia

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Romania Oncology Therapeutics Market Analysis Summary

By 2030, it is anticipated that the Romania Oncology Therapeutics Market will reach a value of $1023 Mn from $527 Mn in 2022, growing at a CAGR of 8.65% during 2022-30.

Romania is an upper-middle-income, developed country located at the crossroads of Central and Southeastern Europe. In Romania in 2020, there were 53,881 new cancer cases in men and 45,005 new cancer cases in women. Lung cancer (16.8%) and other cancers were the most prevalent cancer kinds among men (41.5%). Breast cancer was the most common among females (22.6%), followed by other malignancies (41.7%).

According to the Federation of Associations of Cancer Patients (FABC), cancer mortality in Romania is 48% higher than in the rest of the EU. It is predicted that the number of cancer cases in the European Union would rise by 24% by 2035, making cancer the leading cause of death. Romania's government spent 6.3% of its GDP on healthcare in 2020.

Romania Oncology Therapeutics Market Analysis

Market Dynamics

Market Growth Drivers Analysis

Clinical research is rapidly developing, and despite initial delays imposed by slow study approval by authorities, Romanian institutes have a high recruitment rate in pivotal studies. In accordance with the World Health Organization's MPOWER initiatives, tough anti-tobacco policies were recently implemented. Cancer is Romania's second greatest cause of death after cardiovascular diseases and medications used to treat cancer are funded through a special National Oncology Program. Because of its low labour costs, Romania boasts a diverse and competitive industry. The EU includes Romania in its "Golden Growth" scheme in 2001. These aspects could boost Romania's Oncology Therapeutics Market.

Market restraints

Our country has nationally mandated state insurance coverage that covers cancer diagnosis, treatment, and follow-up expenditures. However, individuals with cancer continue to face a variety of administrative and social challenges due to coverage gaps. In Romania, any new drugs approved by the European Medicines Agency in Europe are likewise approved. However, no new drugs or indications (such as first-line tyrosine-kinase inhibitors or maintenance treatment) have been approved for reimbursement since 2008. These factors may deter new entrants into the Romania Oncology Therapeutics Market.

Competitive Landscape

Key Players

  • Ropharma - Ropharma is a Romanian pharmaceutical company that specializes in the development and production of oncology drugs. They have a range of products for the treatment of various cancers, including breast cancer, lung cancer, and prostate cancer
  • Oncogen - Oncogen is a Romanian biotechnology company that focuses on the development of innovative cancer therapies. They have a pipeline of oncology therapeutics, including drugs for treating solid tumours and haematological malignancies
  • Rovis Pharma - Rovis Pharma is a Romanian pharmaceutical company that specializes in the development and production of generic oncology drugs. They have a range of products for the treatment of various cancers, including breast cancer, lung cancer, and leukaemia.
  • Terapia Ranbaxy - Terapia Ranbaxy is a Romanian pharmaceutical company that focuses on the development and production of generic oncology drugs. They have a range of products for the treatment of various cancers, including breast cancer, lung cancer, and colorectal cancer
  • Polisano Pharmaceuticals - Polisano Pharmaceuticals is a Romanian pharmaceutical company that specializes in the development and production of oncology drugs

Healthcare Policies and Reimbursement Scenarios

In Romania, the administrative body responsible for endorsing and checking oncology therapeutics is the National Agency for Medicines and Medical Devices (ANMDM)., Romania has a public health care coverage scheme known as the National Health Insurance Fund (CNAS). Moreover, a few non-legislative associations (NGOs) give monetary help to disease patients who can't manage the cost of their medicines. The Romanian government has carried out different drives to further develop access to oncology therapeutics in the nation, including the "National Cancer Control Plan."

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 Therapeutics Segmentation

By Application (Revenue, USD Billion):

  • Blood Cancer
  • ?Colorectal Cancer
  • Gastrointestinal Cancer
  • Gynaecologic Cancer
  • Breast Cancer
  • Lung Cancer
  • Prostate Cancer
  • ?Others

By Drugs (Revenue, USD Billion):

  • Revlimid
  • Avastin
  • Herceptin
  • Rituxan
  • Opdivo
  • Gleevec
  • Velcade
  • Imbruvica
  • Ibrance
  • Zytiga
  • Alimta
  • Xtandi
  • Tarceva
  • Perjeta
  • Temodar
  • Others

By Therapy (Revenue, USD Billion):

  • Chemotherapy
  • Targeted Therapy
  • Immunotherapy
  • Hormonal Therapy
  • Others

By Route of Administration (Revenue, USD Billion):

  • Oral
  • Parenteral
  • Others

By Distribution Channel (Revenue, USD Billion):

  • 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.

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By 2030, it is anticipated that the Romania Oncology Therapeutics market will reach a value of $1023 Mn from $527 Mn in 2022, growing at a CAGR of 8.65% during 2022-2030.

In Romania, the administrative body responsible for endorsing and checking oncology therapeutics is the National Agency for Medicines and Medical Devices (ANMDM).

The Oncology Therapeutics Market in Romania is dominated by a few domestic pharmaceutical companies such as Ropharma, Oncogene, and Rovis Pharma.


Last updated on: 15 September 2023
Updated by: Dhruv Joshi

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