A new report, now available on ASDReports, forecasts that the worldwide NSCLC drugs market will generate $8.8 billion in 2019. That revenue forecast and others appear in Non-Small Cell Lung Cancer Drugs: Market, Companies and R&D Outlook 2015-2025, published in October 2015.
Arshad Ahad, a senior pharmaceutical industry analyst said: “NSCLC forms one of the most dynamic markets in the oncology sector, and its treatment has been revolutionised in the past few years. The study of specific genetic mutations has led to the development of targeted therapies that offer new hope for the treatment of late-stage disease.
However, the market is facing patent expiries for various leading therapies over the forecast period and the looming threat of generic erosion, amongst other challenges. It will need to rely on its strong and varied R&D pipeline, the growth of EGFR and ALK inhibitors and the rise of immunotherapies to combat this erosion and maintain growth. As such, 2015-2025 is a crucial period for this lucrative market – one that will decide its long-term future.”
This study discusses the drivers that will stimulate revenue growth over the next ten years, as well as the factors that will restrain it. Those forces include the ageing population around the world, development of new targeted therapies and unmet treatment needs for the squamous form. Forces stimulating that industry include generic competition for many leading drugs, declining national healthcare budgets and resistance to therapies.
That investigation gives revenue predictions to 2025 at overall world market, submarket, product and national level.
First that work provides revenue forecasts to 2025 for 11 leading drugs: