The market is characterized by the presence of big and small companies. To increase their market share, players are adopting many strategies such as product launches, regional expansions, and technological advancements. For instance, in 2020, Duke Cancer Institute launched a proof-of-concept clinical trial of a new drug for hormone receptor-positive breast cancer patients, whose disease has spread to bones. The investigational therapy—GMI-1359—targets both E-selection and CXCR4, normal inflammatory molecules that appear to play a role in tumor trafficking and metastasis to the bone. Continuous innovations and technological advancements are resulting in the introduction of safe and effective metastatic cancer drugs, leading to increased acceptance among patients and medical societies.Such factor of new startegies by various companies are increasing the market growth of metastatic cancer drugs.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the metastatic cancer drugs market growth in the coming years. The market is expected to grow at a good CAGR during the forecast period.
Middle East and Africa Metastatic Cancer Drugs Market Segmentation
The market for Middle East and Africa metastatic cancer drugs market is segmented into cancer type , route of administration , drug class , product , and end user. Based on cancer type , the market is segmented into breast cancer, lung cancer, liver cancer, haematological cancer, brain cancer, prostate cancer, pancreatic cancer, and others. Based on route of administration, the market is bifurcated into intravenous and intramuscular. Based on drug class, the Middle East and Africa metastatic cancer drugs market is segmented into HER2 inhibitors, immune checkpoint inhibitors, parp inhibitors, kinase inhibitors, and others. Based on product, the market is segmented into branded, generics, and biosimilars. Based on end user, the market is segmented into hospital, specialty clinic, and others. By country, the Middle East and Africa metastatic cancer drugs market is segmented into Saudi Arabia , South Africa , the UAE, and Rest of Middle East and Africa.
Middle East and Africa Metastatic Cancer Drugs Market – Companies Mentioned
AbbVie Inc.; Amgen Inc. ; Bristol-Myers Squibb Company ; F. HOFFMANN-LA ROCHE LTD.; Novartis AG ; Astrazeneca ; MERCK KGaA ; Pfizer Inc. (Arena Pharmaceutical GmbH) ; and Johnson and Johnson Services, Inc. are among the leading companies in the Middle East and Africa metastatic cancer drugs market.