Rising Prevalence of Cancer with Demand for Effective Drugs to Boost the Oncology Small Molecule Drugs Market Growth During 2021-2031
Revenues in the targeted therapy drugs segment of the oncology small molecule drugs industry is expected to showcase robust expansion through 2021. As of 2019, market revenue for the overall market surpassed US$ 66 Bn, up from US$ 63 Bn in 2018. The market will remain consolidated, with top five players, Novartis Ag, AstraZeneca, Genentech, Pfizer, and AbbVie, accounting for 47% market share.
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