According to a new report by RNCOS, the global cancer generics market has been witnessing a significant level of growth in recent times. The market is well supported by the patent expiries of blockbuster branded drugs that fetched billion of dollars worth sales potential. Though generic drugs currently account for miniscule share of overall oncology market, their contribution is likely to augment in future. Further, it is estimated that the market for cancer generics will grow at a healthy CAGR of around 26% during 2011-2015. Market players, such as Teva, Accord Healthcare, Mylan, and Sun Pharmaceuticals will witness an increase in the uptake of their generic drugs, especially in the US market, which is gripped in the shortage of oncology drugs.
Research Analysis & Highlights
The report entitled “Cancer Generics Market Analysis”, provides an extensive research and in-depth analysis of the current status and expected position of the global cancer generics market. It evaluates the current status and future potential of generic drugs in most common cancers worldwide, such as lung cancer, breast cancer, colon cancer, stomach cancer, and prostate cancer.
Moreover, the report projects the future size of overall cancer generic drug market till the 2015. In this context, it illustrates the market drivers, key developments, and restraints that may impact the market in an effective manner. A brief description of active market players has also been provided.
Some of the report’s key highlights include:
- Generic drugs for Colon Cancer Shall Boost the Market in Future
- Patent Expiries Driving the Growth in Cancer Generic Drugs
- Drug Shortages in the US Calls for Enhancing Manufacturing Capabilities
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM353.htm
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