Anti-Neoplastic Pharmaceutical Agents Market Expected to Expand at a Steady CAGR through 2025
Verfasser: Monicafmi31 on Thursday, 22 December 2016Anti-neoplastic pharmaceutical agents are the drugs which prevent or inhibit the maturation and proliferation of neoplasms and thus helps in the management of cancer. These agents are also known as cytotoxic agents. Anti-neoplastic agents do not get stabilized in one part of the body, however they travel through body and help in destruction of cancerous cells. Anti-Neoplastic pharmaceutical agents are used in combination with surgery, immunotherapy, radiotherapy, hormone therapy, targeted therapy for many solid tumors, especially metastatic. The risk related to cancer increases with age and it is now becoming more prevalent across the globe due to rapidly changing lifestyle of people. Thus, growing demand for anti-neoplastic pharmaceutical agents has captured the attention of pharmaceutical companies to enter into anti-neoplastic pharmaceutical agents market and develop more efficient drugs against several cancer conditions.
Increasing prevalence of cancer cases, technological advancements, increasing funding from government bodies, and favorable reimbursement policies are the major factors driving the growth of global anti-neoplastic pharmaceutical agents market. However, factors such as lack of awareness about cancer condition in developing regions and technical complexities associated with the existing diagnostic tests would hinder the growth of anti-neoplastic pharmaceutical agents market.