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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
North America Gastric Cancer Drugs Market Size
The North America gastric cancer drugs market is expected to grow at a CAGR of 17.10% during the forecast period of 2024-2032, driven by the increased regulatory approval of novel therapies and the growing emphasis on oncology research.
North America Gastric Cancer Drugs Market Outlook
- The rising incidence of gastric cancer risk factors (such as aging and sedentary lifestyles) coupled with heightened patient awareness is projected to fuel the market demand.
- One of the major North America gastric cancer drugs market trends is the increased approval of novel medications by health regulatory agencies such as the FDA.
- The surge in clinical trial activity stimulated by substantial funding in oncology research is poised to boost the market share.
North America Gastric Cancer Drugs Market Report Snapshots
North America Gastric Cancer Drugs Market Size
North America Gastric Cancer Drugs Market Analysis
North America Gastric Cancer Drugs Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is anticipated to grow at a CAGR of 17.10% during the forecast period of 2024-2032, driven by increasing emphasis on oncology research in the region.
The rising incidence of gastric cancer risk factors and heightened patient awareness are fuelling the demand for the market.
One of the significant trends in the market is surge in approvals for novel gastric cancer drugs by health regulatory bodies. In November 2023 , Merck & Co., Inc.’s immune checkpoint inhibitor pembrolizumab (Keytruda) with chemotherapy received FDA approval to treat gastric or gastroesophageal junction (GEJ) adenocarcinoma.
Based on the therapy type, the market is segmented into chemotherapy, targeted therapy, immunotherapy, radiation therapy, and surgery, among others.
By disease type, the market is divided into adenocarcinoma, lymphoma, gastrointestinal stromal tumor, and carcinoid tumor, among others.
By drug class, the market is divided into PD-1/PD-L1 inhibitors, HER2 antagonists, and VEGFR2 antagonists, among others.
The market breakup by route of administration includes oral and injectable.
Market breakup by end-use includes ambulatory surgery centers, hospitals, and specialty clinics, among others.
Major distribution channels of the market include hospital pharmacies, specialty, and retail pharmacies, among others.
The market segmentation by countries includes the United States of America and Canada.
The key players in the market are Novartis AG, Pfizer, Inc., Viatris, Inc., F. Hoffmann-La Roche Ltd., Eli Lilly and Company, Merck & Co., Inc., Teva Pharmaceutical Industries Ltd., Bristol Myers Squibb Company, Celltrion Healthcare Co., Ltd., and Samsung Biologics Co., Ltd.
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