April 20, 2024

Head and Neck Cancer Drugs Market Estimated to Generate a Revenue of US$ 2.99 By 2030

The global head and neck cancer drugs market was valued at approximately USD 1.51 billion in 2021, and it is expected to witness a revenue of USD 2.99 billion in 2030 at a CAGR of 7.9% from 2021 to 2030.

The global head and neck cancer drugs market is segmented By Treatment Type: (Chemotherapy, Radiation Therapy, Targeted Therapy, and Immunotherapy); By Sales Channel: (Retail Pharmacies, Hospital Pharmacies, and Online Pharmacies)

The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2030. The head and neck cancer drugs market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit). The report offers exclusive insights to help companies make informed decisions to sustain growth through the assessment period.

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The rising prevalence of head and neck cancer across the globe is the primary factor behind the growth of the global head and neck cancer drugs market. According to the World Health Organization, over 550,000 cases of head and neck cancer and around 300,000 associated deaths are recorded annually across the globe. It is known as the sixth leading type of cancer based on incidence.

The rising consumption of alcohol and tobacco is a major factor behind the occurrence of the head and neck cancer. The rising investments by the pharmaceutical companies in the development of various innovative therapies such as targeted therapy, immunotherapy, and biosimilar are the significant driving forces. The rising awareness among the population regarding the head and neck cancer and the various drugs to cure head and neck cancer is boosting the growth of the market. The easy availability and access to advanced healthcare facilities have propelled the demand for the various head and neck cancer drugs across the globe.

Scope of the Head and Neck Cancer Drugs Market

Report HighlightsDetails
Market Size by 2030USD 2.99 Billion
Growth Rate From 2021 to 20307.9%
Largest MarketNorth America
Fastest Growing MarketAsia Pacific
Segments CoveredTreatment, Sales Channel, Region

Competitive Intelligence

The report provides an understanding of the market composition and explains the role of established players and regional contributors. It is essential for the market players to make calculative moves and focus on client acquisition and retention. The detailed company profiles will provide the necessary intelligence to the reader. In order to maintain their share, the market players are focusing on strategies such as cross-border expansion, product differentiation and so on.

Some of the prominent players in the global head and neck cancer drugs market are listed as below:

  • AstraZeneca PLC
  • Bristol-Myers Squibb Company
  • Eli Lilly and Company
  • Fortress Biotech, Inc
  • F. Hoffmann-La Roche Ltd.
  • Immutep Limited
  • Merck & Co., Inc.
  • Merck KGaA
  • Novartis AG
  • Pfizer Inc.

Market Dynamics

Driver

Rising popularity of the immunotherapy

The demand for the immunotherapy is rising among the head and neck cancer patients, owing to the increasing awareness regarding the benefits of the immunotherapy drugs over the traditional chemotherapy. Chemotherapy involves various risks such as reoccurrence of cancer, high side-effects, loss of life, and organ failure. The immunotherapy has no or low side-effects and provides effective treatment. This is boosting the demand for the immunotherapy drugs among the patients across the globe.

Restraint

Side-effects associated with the chemotherapy

Head and neck cancer id often treated using the combination of chemotherapy and radiation therapy. The various side-effects involves hair loss, faulty speech, and loss of normal voice. Moreover, the patients face difficulties in eating food after the cancer surgery. These inconveniences associated with the treatment are expected to hinder the market growth during the forecast period.

Opportunities

Rising adoption of latest technologies in the drug development

The manufacturers are adopting latest technologies like AI and data analytics for the research and production of various immunotherapy drugs, target therapy drugs, and biosimilar. The enhanced production and improved quality is expected to provide growth aspects to the market players in the forthcoming future.

Challenges

Lack of healthcare facilities

The developing and the underdeveloped countries lacks in adequate healthcare infrastructure that deprives the population from acquiring basic healthcare services. Moreover, weak economic conditions of the people decrease the affordability of the expensive head and neck cancer drugs.

Regional Snapshot

North America accounted for the largest market share of the global head and neck cancer drugs market in 2020. The enhanced access to the healthcare services and advanced diagnostic services has resulted in the early screening of the head and neck cancer in North America. Moreover the increased consumption of tobacco, alcohol, and smoking has resulted in the rising incidences of head and neck cancer. According to the American Cancer Society, head and neck cancer accounts for around 4% of the total cancer cases in US. In 2021, it is estimated that around 48,740 men and 17,890 women will develop head and neck cancer. Around 14,620 deaths are estimated to occur in US in 2021 due to head and neck cancer. This is a major factor that spurs the demand for the head and neck cancer drugs across North America.

Asia Pacific is expected to be the fastest-growing market during the forecast. This is attributable to the rising investments in the development of advanced healthcare infrastructure for improving the access to the healthcare services is exponentially driving the market growth. The rising awareness regarding the head and neck cancer coupled with rising healthcare expenditure and rising adoption of healthcare insurances in the region is driving the growth of the head and neck cancer in Asia Pacific.

Report Highlights

  • Based on the treatment type, the chemotherapy dominated the global head and neck cancer drugs market in 2020. Chemotherapy is extensively used with the other therapies like radiation therapy in combination for the treatment of the head and neck cancer. This has resulted in the dominance of this segment. Moreover, the rising incidences of the head and neck cancer across the globe are further expected to drive the growth of the market.
  • Based on the sales channel, the online pharmacies segment is estimated to be the most opportunistic segment during the forecast period. This is attributable to the rising popularity of various online pharmacy retail platforms across the globe. Moreover, the rising adoption of smartphones coupled with improved access to the internet is positively impacting the market growth. More than half of the global population had access to internet by the end of 2019, as per the ITU. This number is expected to grow rapidly in the foreseeable future, which in turn would impact the market growth significantly.

Segments Covered in the Report

By Treatment Type

  • Targeted Therapy
  • Chemotherapy
  • Radiation Therapy
  • Immunotherapy

By Sales Channel

  • Retail Pharmacies
  • Hospital Pharmacies
  • Online Pharmacies

Regional Segmentation

– North America (U.S. and Canada)

 – Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Why should you invest in this report?

If you are aiming to enter the global head and neck cancer drugs market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for head and neck cancer drugs are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Head and Neck Cancer Drugs Market 

5.1. COVID-19 Landscape: Head and Neck Cancer Drugs Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Head and Neck Cancer Drugs Market, By Treatment

8.1. Head and Neck Cancer Drugs Market, by Treatment Type, 2021-2030

8.1.1. Targeted Therapy

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Chemotherapy

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Radiation Therapy

8.1.3.1. Market Revenue and Forecast (2019-2030)

8.1.4. Immunotherapy

8.1.4.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Head and Neck Cancer Drugs Market, By Sales Channel

9.1. Head and Neck Cancer Drugs Market, by Sales Channel, 2021-2030

9.1.1. Retail Pharmacies

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Hospital Pharmacies

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. Online Pharmacies

9.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Head and Neck Cancer Drugs Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.1.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.1.3.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.1.4.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.2.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.2.3.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.2.4.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.2.5.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.2.6.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.3.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.3.3.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.3.4.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.3.5.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.3.6.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.4.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.4.3.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.4.4.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.4.5.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.4.6.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.5.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.5.3.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Treatment (2019-2030)

10.5.4.2. Market Revenue and Forecast, by Sales Channel (2019-2030)

Chapter 11. Company Profiles

11.1. AstraZeneca PLC

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Bristol-Myers Squibb Company

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Eli Lilly and Company

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Fortress Biotech, Inc

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. F. Hoffmann-La Roche Ltd.

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Immutep Limited

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Merck & Co., Inc.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Merck KGaA

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Novartis AG

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Pfizer Inc.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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