China Anti Cancer Drugs Market expected to be US$ 30 Billion by 2024

2018-09-26 3

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In China, cancer is a major public health concern. Several factors are responsible for the increasing prevalence of cancer in China such as extensive use of tobacco, unhealthy lifestyle and rising geriatric population. Almost one-third of the world’s lung cancer and nearly half of the liver, stomach and esophageal cases of cancer occur in China. China Cancer Drugs Market is expected to be US$ 30 Billion by the year 2024.

Cancer drugs act at various levels – cancer cells, extracellular matrix, endothelium, host cells or immune system. The cancerous cell can be targeted at the DNA, RNA or protein level. Most available chemotherapy drugs interact with tumor DNA while targeted drugs (monoclonal antibodies) and small molecules directed against proteins. With increasing incidence of cancer cases in China, rising per capita income in the region, growing awareness regarding cancer coupled with improving healthcare infrastructure and reimbursement on cancer drugs, it is believed that China Cancer Drugs Market will certainly touch new leap in the forthcoming years.

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The decision of using a cancer drug depends on several factors, including the type of cancer and the location of the cancer and its stage. Generally cancer drugs are administered intravenously; however, some cancer medicines can also be taken orally and others can be administered intramuscularly or intrathecally (within the spinal cord). The treatment of cancer is very intricate, the cancer drugs used to treat cancer cell, sometimes target normal cells, though cells that have undergone genetic changes and are dividing at a fast and uncontrolled rate. Apparently, there are certain anticancer drugs which can differentiate between healthy cells and the cancer cells.

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