Global bone cancer treatment market to reach $1.8 billion

Portland, OR, Oct. 21, 2022 (GLOBE NEWSWIRE) — According to the report released by Allied Market Research, the Bone Cancer Treatment Market was estimated to reach $1.2 billion in 2021 and is projected to reach $1.8 billion by 2031, registering a CAGR of 4.5% from 2022 to 2031. The report provides a detailed analysis of the major pockets of investment, winning strategies, drivers and opportunities, market size & estimates, competitive landscape and changing market trends. Market research is a useful source of information for early adopters, new entrants, investors and shareholders in developing strategies for the future and strengthening their position in the market.

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Report coverage and details:

Report cover Details
Forecast period 2022–2031
Market size in 2031 $1.8 billion
CAGR 4.5%
Number of pages in the report 294
Drivers Rising prevalence of cancer
Increased government initiatives and increased product launch and approval
Opportunities Increase in government initiatives for bone cancer awareness

Covid-19 scenario-

  • The closure of the majority of healthcare institutions and the serious concerns about exposure to Covid-19 have had a negative impact on the global bone cancer treatment market.
  • However, as the global situation began to improve, the bone cancer treatment market also got back on track.

The global Bone Cancer Treatment market is analyzed by type, end-use industry and region. The report contains an exhaustive analysis of the segments and their sub-segments using tabular and graphical representation. Investors and market participants can benefit from the breakdown and devise schemes based on the most revenue-generating and fastest-growing segments shown in the report.

Based on type, the osteosarcoma segment held almost three-fifths of the total market revenue in 2021 and is expected to dominate by 2031. The same segment would also manifest the fastest CAGR of 4.7% throughout of the forecast period.

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Based on drug type, the immunotherapy and targeted therapies segment held more than two-thirds of the total market revenue in 2021 and is expected to dominate by 2031. The same segment would also show the fastest CAGR of 4 .6% throughout the forecast period.

Based on distribution channel, the hospital pharmacy segment held more than half of the total market revenue in 2021 and is expected to dominate by 2031. The online pharmacy segment, however, would cite the fastest CAGR of 5 .3% throughout the forecast period.

Based on the region, the market across North America generated more than two-fifths of the global market revenue in 2021, and is expected to retain the lion’s share by 2031. The Asia-Pacific region, nonetheless, would manifest the Fastest CAGR of 5.2% during the forecast period. Other provinces analyzed in the report include Europe and LAMEA.

Major market players analyzed in the Global Bone Cancer Treatment Market report are Cancervax, Inc, Cellectar Biosciences, Inc, Pfizer, Inc, Advaxis, Inc, Isofol Medical Ab, Gradalis Inc, QSAM Biosciences, Inc., Takeda Pharmaceutical Company Limited, Hikma Pharmaceutical PLC and Zentalis Pharmaceuticals. These market players have adopted several strategies including partnership, expansion, collaboration, joint ventures and others to showcase their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments of key players.

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About Us

Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unparalleled quality of “Market research reportsand “Business Intelligence Solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. Allied Market Research CEO Pawan Kumar helps inspire and encourage everyone associated with the company to maintain high quality data and help clients in every way possible to achieve success. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.

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