The Cervical Cancer Drugs Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Cervical Cancer Drugs Global Market Report 2024, The cervical cancer drugs market size has grown steadily in recent years. It will grow from $24.25 billion in 2023 to $25.42 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to introduction of hpv vaccines, development of chemotherapy agents, advancements in radiation therapy, early adoption of targeted therapies, diagnostic advancements.
The cervical cancer drugs market size is expected to see steady growth in the next few years. It will grow to $30.77 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to growing advancements in immunotherapy, precision medicine expansion, continued development of targeted therapies, expanded hpv vaccination programs, innovative combination therapies. Major trends in the forecast period include healthcare infrastructure development, immunotherapy advancements, precision medicine approaches, targeted therapies development, hpv vaccination programs.
The increasing prevalence of HIV (Human immunodeficiency virus) in women is driving the growth of the cervical cancer drugs market. Women with HIV positive have a greater risk of cervical cancer than the general population. Nearly 18 million women have tested HIV positive globally, HIV weakens the immune system which increases the likelihood of cervical cancer. Women with HIV have an increased chance of being diagnosed with cervical cancer because the count of the protein CD4 goes down. According to a survey conducted by the National cancer institute, a person with HIV is three times as likely to be diagnosed with the growth of the cervical cancer drugs market.
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The cervical cancer drugs market covered in this report is segmented –
1) By Cancer Type: Squamous Cell Cancer, Adenocarcinoma
2) By Drug Type: Avastin, Bevacizumb, Blemocin, Blenoxane, Other Drug Types
3) By Distribution Channel: Hospitals Pharmacies, Retail Pharmacies, Other Distribution Channels
The cervical cancer drugs market is experiencing several significant trends that help in efficient and targeted treatment of the disease including advances in drug delivery. One such trend is the use of drugs that can be delivered directly from the vagina such as drugs using vaginal formulations such as gels, creams, pessaries, rings, films, and tablets. These drugs ease the localized treatment of cervical cancer. The formulation of these drugs is in such a way that they get easily absorbed into vaginal tissue and reach the site of action. For instance, companies introduced vaginal gels such as Cidofovir gel and 851B Gel into the market to treat cervical cancer. As per the reports by the International Council for Harmonization of Technical Requirements for Pharmaceuticals for Human Use (ICH)’s Clinical Trials Registry, 851B Gel is in the trial phase. Whereas Cidofovir gel, sold under the brand name Vistide is already a success in the market. In addition to the above-mentioned gels, drugs such as ISA101, AGEN2034, and Z-100 are in pipeline and promise growth in the cervical cancer drugs market.
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