Analysis of Potential Impact of COVID-19 on Cancer Supportive Care Products Market

Global Cancer Supportive Care Products Market: Overview

As per the World Cancer Research Fund International (WCRF), it has been projected that there will be more than 24 million cases of cancer by 2035 globally. These numbers do not include non-melanoma skin cancer. According to the National Cancer Institute (NIH), there were more than a million cancer cases in the U.S. itself. Thus, due to the increasing incidence of cancer, several healthcare organizations are making efforts to produce cancer supportive care products.

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The increasing prevalence of cancer across the globe has created lucrative opportunities for the global cancer supportive care products market.  In addition, supportive care in cancer emphases on preventing and managing symptoms and side effects developed with cancer and its treatment. Some of the major side effects caused by cancer treatment are neutropenia, anemia, nausea, pain, and vomiting, and bone metastasis.

The global cancer supportive care products market could be classified on the basis of drug class which might be further divided into nonsteroidal erythropoietin stimulating agents, opioid analgesics, anti-infective drugs, anti-inflammatory drugs, monoclonal antibodies, anti-emetics drugs, bisphosphonates,  and granulocyte colony stimulating factor.

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This report provides an in-depth evaluation of the global cancer supportive care products market based on market competition, segmentation, and dynamics. It sheds light on how the global cancer supportive care products market could shape in the near future.

Global Cancer Supportive Care Products Market: Trends and Opportunities

With the growing incidence of cancer, various organizations and government are making efforts to produce cancer supportive care products to meet the growing demand to treat cancer. Currently, several products are going through clinical trials that can be used for treating various side effects of cancer therapy. Some of the drugs are foreseen to result in new molecular targets for managing side effects in the cancer supportive care segment. Various market vendors are expected to work towards recognizing new targets and consequentially develop stronger drug pipelines. They are also working on the unmet needs of the market to provide better solutions for the people suffering from various side effects of cancer treatment.

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Global Cancer Supportive Care Products Market: Regional Analysis

Based on geography, North America is projected to lead the global cancer supportive care products market during the forecast period. North America is expected to mark its lead due to high demand for cancer drugs in the U.S. On the other hand, developing economies such as China and India in Asia Pacific are also projected to be favorable regional markets for the growth of the cancer supportive care products market because of increasing disposable income among the urban population. Additionally, the rising incidence of cancer along with various side effects related to the cancer treatment has also grown the demand for this market in the region.

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Global Cancer Supportive Care Products Market: Companies Mentioned

The global cancer supportive care products market marks the presence of prominent players such as Acacia Pharma Ltd., Teva Pharmaceuticals Industries Ltd., Fagron Group BV., Kyowa Hakko Kirin Co Ltd., APR Applied Pharma Science Research S.A., and Hoffmann LA- Roche Inc.

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