Asked by: Jene Barb
medical health cancer

How much is the cancer industry worth 2018?

Last Updated: 27th January, 2020

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The analysis group EvaluatePharma estimatedtotaloncology sales in 2018 is $123.8 billion (out ofatotal prescription medicine market of $864billion).A report released in 2016 found total spendingworldwide oncancer drugs at $107 billion. Adisproportionateamount – 45 percent – is spent in theUnitedStates.

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Moreover, how much is the cancer industry worth 2019?

Jan 30, 2019 (Heraldkeeper via COMTEX)--According to Coherent Market Insights, the globaloncologydrugs market was valued at US$ 77.3 billionin 2018,and is projected to exhibit a CAGR of 12.3% during theforecastperiod (2018 - 2026).

Similarly, how much money is spent on cancer treatment each year? The world spent this much oncancerdrugs last year. Spending on cancermedicines totaled$107 billion worldwide in 2015 and is projected toexceed $150billion by 2020, reflecting adoption of newer, priciertherapies,according to a report from the IMS Institute forHealthcareInformatics.

Considering this, how much is the cancer industry worth?

The global cancer therapeutics market shouldreach$172.6 billion by 2022 from $121 billion in2017 at acompound annual growth rate (CAGR) of 7.4%, from 2017 to2022. Lungcancer as a segment is expected to grow from$15.7billion in 2017 to $22.6 billion in 2022 at aCAGR of7.6% for the period 2017-2022.

What is the best cancer drug?

Proclinical has compiled the top 10 list of bestcancerdrugs in 2018, thanks to their outstanding success so farintreating various types of cancer.

  • Neulasta. $1.11 bn. Amgen.
  • Ibrance. $1.13 bn. Pfizer.
  • Opdivo. $1.8 bn. Bristol Myers Squibb.
  • Zytiga. $3.5 bn.
  • Keytruda. $7.2 bn.
  • Avastin. $7.7 bn.
  • Herceptin. $7.9 bn.
  • Revlimid. $9.8 bn.

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