The Cancer Drugs Market Is Trends Towards Precision Medicine

The cancer drugs market comprises of pharmaceuticals that are used in the treatment of various types of cancers.These drugs are usually classified into chemotherapy drugs, targeted drugs, immunotherapy drugs and others. Chemotherapy drugs work by slowing or stopping the growth of cancer cells through chemical or biological means. Targeted drugs attack specific cancer cells by blocking their growth and spread. Immunotherapy drugs help boost the body's natural defenses to fight cancer.
The global cancer drugs market is estimated to be valued at US$ 177.87 Bn in 2024 and is expected to exhibit a CAGR of 9.8% over the forecast period 2024 to 2031.