India Cancer Treatment Market
India Cancer Treatment Market, By Treatment Type (Chemotherapy, Targeted Therapy, Immunotherapy, Hormonal Therapy); By Drug Type (Cytotoxic Drugs, Targeted Drugs, Hormonal Drugs); By Cancer Type (Blood Cancer, Breast Cancer, Colorectal Cancer, Cervical Cancer, Prostate Cancer, Gastrointestinal Cancer, Gynecologic Cancer, Non-Hodgkin’s Cancer, Respiratory/ Lung Cancer); By End User (Hospitals, Specialty Clinics, Cancer & Radiation Therapy Centers); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: April 2024
- Report ID: BWC24273
- Available Format: PDF
- Page: 200
Report Overview
The Indian government’s initiatives to improve cancer care in the country, the rising burden of cancer, growing awareness about cancer in India, and growing adoption of advanced technologies are expected to drive the India Cancer Treatment Market during the forecast period between 2024 and 2030.
India Cancer Treatment Market – Industry Trends & Forecast Report, 2030
India Cancer Treatment Market size was estimated at USD 4.21 billion in 2023. During the forecast period between 2024 and 2030, the India Cancer Treatment Market size is projected to grow at a CAGR of 8% reaching a value of USD 5.89 billion by 2030. A prominent driver of the market is an increasing rate of cancer cases, with an estimated 1.39 million cases in 2020 and over 0.8 million deaths in 2019, posing a significant public health concern. Notably, cervical cancer claims one woman's life every 8 minutes, and breast cancer mortality remains high. The surge in tobacco consumption further exacerbates cancer fatalities. Factors contributing to rising cases include dietary changes, food adulteration, and environmental factors. Sedentary lifestyles and junk food consumption also contribute to increasing cancer incidences. This underscores the pressing need for timely diagnosis and preventive care, driving substantial investments in R&D to develop more effective drugs. The Indian market offers promising opportunities for venture capitalists and investors, given the saturation of developed markets in the cancer treatment industry.
Cancer Treatment – Overview
Cancer treatment refers to the range of medical interventions and therapies aimed at diagnosing, managing, and curing cancer. These treatments may include surgery, chemotherapy, radiation therapy, immunotherapy, targeted therapy, hormone therapy, stem cell transplantation, and precision medicine approaches. The goal of cancer treatment is to eliminate cancerous cells, prevent their spread, alleviate symptoms, prolong survival, and improve the quality of life for individuals affected by cancer. Treatment plans are often personalized based on factors such as the type and stage of cancer, the patient's overall health, and their preferences. Additionally, supportive care measures may be incorporated to help manage side effects and provide emotional and psychological support to patients and their families throughout the treatment process.
India Cancer Treatment Market
Growth Drivers
Government’s Initiatives to Improve Cancer Care in India
The Indian government is prioritizing initiatives to enhance cancer care nationwide. With a heightened focus on oncology at institutions like the All India Institute of Medical Sciences (AIIMS) and the implementation of effective cancer diagnosis and treatment under the Ayushman Bharat Scheme, significant strides are being made in improving healthcare services. Also, ongoing efforts to upgrade cancer care infrastructure across states, such as Madhya Pradesh, Odisha, and Maharashtra, are bolstering the availability of advanced treatments. These governmental endeavors are vital in addressing the rising burden of cancer and ensuring access to quality care for all patients across India.
Increasing Awareness about Cancer in India
Increasing awareness about cancer in India is crucial for comprehensive cancer care. While awareness levels about tobacco-related cancers are high, other common cancers like cervical cancer suffer from low awareness. It's imperative to educate the public about cancer causes, risk factors, early detection methods, and available treatment options. Highlighting factors such as Human papillomavirus (HPV), alcohol abuse, and obesity can aid in effective prevention strategies. Heightened awareness can lead to more early-stage diagnoses, necessitating the expansion of treatment facilities. Ultimately, raising awareness, promoting early detection, and implementing prevention measures can significantly reduce cancer rates, benefiting all stakeholders in the long run.
Challenges
High Cost of Treatment
The high cost of treatment serves as a significant barrier to the growth of the India Cancer Treatment Market. Uncertainties arising from geopolitical conflicts may disrupt the supply chain of crucial medical equipment, drugs, and resources necessary for cancer treatment. Additionally, heightened tensions may lead to economic instability, affecting healthcare budgets and investment in medical infrastructure and research. Import restrictions and trade barriers resulting from geopolitical conflicts can further exacerbate the situation, limiting access to essential cancer treatment technologies and medications. Overall, escalating geopolitical tensions pose significant challenges to the India Cancer Treatment Market, potentially impeding access to vital healthcare services for cancer patients.
India Cancer Treatment Market
Segmental Coverage
India Cancer Treatment Market – By Treatment Type
By treatment type, the India Cancer Treatment Market is divided into Chemotherapy, Targeted Therapy, Immunotherapy, and Hormonal Therapy segments. The targeted therapy segment holds the highest share in the India Cancer Treatment Market by treatment type. It is attributed to their effectiveness in selectively targeting malignant cells and improving survival rates. Conversely, immunotherapy is projected to experience the highest growth due to increasing cancer incidences in India and limited medical resources. India's low-resource healthcare system often excludes expensive cancer medications from public reimbursement schemes, leading to financial burdens for patients. Therefore, a thorough evaluation of systemic anticancer therapies is essential before their inclusion in national formularies to mitigate expenditure risks and ensure equitable access to treatment.
India Cancer Treatment Market – By Drug Type
Based on drug type, the India Cancer Treatment Market is divided into Cytotoxic Drugs, Targeted Drugs, and Hormonal Drugs segments. The cytotoxic drugs segment holds the highest share in the India Cancer Treatment Market by drug type. The primary focus of top-priority medications lies in conventional cytotoxic therapy, encompassing well-known drugs like doxorubicin, cyclophosphamide, and paclitaxel, among others. These cytotoxic drugs have faced global competition from generics over the past two decades. Indian oncologists highly prioritize generic chemotherapy agents, which have been instrumental in enhancing survival rates and are already part of the WHO Essential Medicines List. These medications are esteemed for their effectiveness and accessibility in cancer treatment, making them indispensable in the eyes of Indian oncologists.
India Cancer Treatment Market – By Cancer Type
On the basis of cancer type, the India Cancer Treatment Market is divided into Blood Cancer, Breast Cancer, Colorectal Cancer, Cervical Cancer, Prostate Cancer, Gastrointestinal Cancer, Gynecologic Cancer, Non-Hodgkin’s Cancer, and Respiratory/ Lung Cancer segments. The breast cancer segment holds the highest share in the India Cancer Treatment Market by cancer type. Breast cancer stands as a prevalent global and Indian health concern, exacerbated by insufficient awareness. Oncologists emphasize the importance of cancer literacy, particularly among women aged 40 to 60, advocating for regular screening to enable early detection and effective treatment. Meanwhile, the cervical cancer holds the highest share in the India Cancer Treatment Market by cancer type. It often linked to Human Papillomavirus (HPV) infection, affects 12% of Indian women, while oral cancer constitutes 7% of annual new cancer diagnoses. This underscores the necessity for heightened awareness campaigns and proactive screening initiatives to combat the rising incidence rates of these cancers and ensure timely interventions for improved patient outcomes.
India Cancer Treatment Market – By End User
By end user, the India Cancer Treatment Market is divided into Hospitals, Specialty Clinics, and Cancer & Radiation Therapy Centers segments.
India Cancer Treatment Market – By Region
Geographically, the India Cancer Treatment Market is divided into North India, South India, East India, and West India regions.
Competitive Landscape
Major players operating in India Cancer Treatment Market include Bayer, Astellas Pharma Inc., F. Hoffmann-La-Roche, Pfizer Limited, Natco Pharma, Novartis AG, Amgen, Merck KGaA, Siemens Healthineers, Bristol-Myers Squibb Company, Pinnacle Life Science Pvt Ltd, and Takeda Pharmaceuticals. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Recent Developments
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In February 2024 - The Tata Institute in Mumbai pioneered a revolutionary cancer treatment. After a decade of research, the institute announced that they had developed a tablet, 'R+Cu', that could prevent cancer recurrence and slash treatment side effects by 50%. The tablet contains pro-oxidant elements like resveratrol and copper, which generate oxygen radicals in the stomach, inhibiting cancer cell formation and metastasis. Although human trials are pending approval from the Food Safety and Standards Authority of India (FSSAI), the tablet could hit the market by June-July 2024, offering a game-changing, affordable treatment option at just INR 100, potentially transforming cancer care accessibility and effectiveness.
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In January 2024 - Mumbai-based BDR Pharmaceuticals introduced BDENZA oral solution for prostate cancer treatment, approved by the Drug Controller General of India (DCGI). Priced at INR 27,000 for 150 ml, it is approximately 8-10% of the cost of Enzalutamide capsules. BDENZA's liquid form offers flexibility in dosing adjustments and addresses taste or dietary restrictions. BDR emphasizes its paradigm shift in prostate cancer therapy, aiming to provide convenience, reduced side effects, and affordability, addressing the growing global concern of prostate cancer, particularly in India.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2030 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
USD Billion |
Market Coverage |
India |
Product/ Service Segmentation |
Treatment, Drug Type, Cancer Type, End User |
Key Players |
Bayer, Astellas Pharma Inc., F. Hoffmann-La-Roche, Pfizer Limited, Natco Pharma, Novartis AG, Amgen, Merck KGaA, Siemens Healthineers, Bristol-Myers Squibb Company, Pinnacle Life Science Pvt Ltd, Takeda Pharmaceuticals |
By Treatment Type
-
Chemotherapy
-
Targeted Therapy
-
Immunotherapy
-
Hormonal Therapy
By Drug Type
-
Cytotoxic Drugs
-
Targeted Drugs
-
Hormonal Drugs
By Cancer Type
-
Blood Cancer
-
Breast Cancer
-
Colorectal Cancer
-
Cervical Cancer
-
Prostate Cancer
-
Gastrointestinal Cancer
-
Gynecologic Cancer
-
Non-Hodgkin’s Cancer
-
Respiratory/ Lung Cancer
By End User
-
Hospitals
-
Specialty Clinics
-
Cancer & Radiation Therapy Centers
By Region
-
North India
-
South India
-
East India
-
West India
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- India Cancer Treatment Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rising burden of cancer
- Increasing awareness about cancer in India
- Government initiatives to improve cancer care in the country
- Growing adoption of advanced technologies
- Restraints
- High cost of treatment
- Lack of infrastructure
- Shortage of skilled healthcare professionals
- Opportunities
- Increasing popularity for Ayurveda-based cancer medication and therapies
- Growing demand for affordable cancer care solutions in India.
- Growing healthcare insurance
- Challenges
- Presence of Counterfeit drugs:
- Lack of awareness about early detection
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- India Cancer Treatment Market: Pricing Analysis
- India Cancer Treatment Market: Marketing Strategies
- India Cancer Treatment Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Treatment Type
- Chemotherapy
- Targeted Therapy
- Immunotherapy
- Hormonal Therapy
- Others
- By Drug Type
- Cytotoxic Drugs
- Targeted Drugs
- Hormonal Drugs
- Others
- By Cancer Type
- Blood Cancer
- Breast Cancer
- Colorectal Cancer
- Cervical Cancer
- Prostate Cancer
- Gastrointestinal Cancer
- Gynecologic Cancer
- Non-Hodgkin’s Cancer
- Respiratory/ Lung Cancer
- Others
- By End User
- Hospitals
- Specialty Clinics
- Cancer and Radiation Therapy Centers
- By Region
- North India
- South India
- East India
- West India
- By Treatment Type
- Market Size & Forecast, 2019–2030
- North India Cancer Treatment Market
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Treatment Type
- By Drug Type
- By Cancer Type
- By End User
- Market Size & Forecast, 2019–2030
- South India Cancer Treatment Market
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Treatment Type
- By Drug Type
- By Cancer Type
- By End User
- Market Size & Forecast, 2019–2030
- East India Cancer Treatment Market
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Treatment Type
- By Drug Type
- By Cancer Type
- By End User
- Market Size & Forecast, 2019–2030
- West India Cancer Treatment Market
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Treatment Type
- By Drug Type
- By Cancer Type
- By End User
- Market Size & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Offerings
- India Cancer Treatment Company Market Share Analysis, 2023
- Competitive Benchmarking, By Operation Channel Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions in India Cancer Treatment Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- Bayer
- Astellas Pharma Inc.,
- F. Hoffmann- La- Roche
- Pfizer Limited
- Natco Pharma
- Novartis AG
- Amgen
- Merck KGaA
- Siemens Healthineers
- Bristol-Myers Squibb Company
- Pinnacle Life Science Pvt Ltd
- Takeda Pharmaceuticals
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumption & Limitation
- Qualitative Research
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
Figure 1 India Cancer Treatment Market Segmentation
Figure 2 India Cancer Treatment Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 India Cancer Treatment Market Size, By Value (USD Billion), 2019–2030
Figure 5 India Cancer Treatment Market Share, By Treatment Type, By Value (USD Billion) 2019–2030
Figure 6 India Cancer Treatment Market Share, By Drug Type, By Value (USD Billion) 2019–2030
Figure 7 India Cancer Treatment Market Share, By Cancer Type, By Value (USD Billion) 2019–2030
Figure 8 India Cancer Treatment Market Share, By End User, By Value (USD Billion) 2019–2030
Figure 9 India Cancer Treatment Market Share, By Region, By Value (USD Billion) 2019–2030
Figure 10 North India Cancer Treatment Market Size, By Value (USD Billion), 2019–2030
Figure 11 North India Cancer Treatment Market Share, By Treatment Type, By Value (USD Billion) 2019–2030
Figure 12 North India Cancer Treatment Market Share, By Drug Type, By Value (USD Billion) 2019–2030
Figure 13 North India Cancer Treatment Market Share, By Cancer Type, By Value (USD Billion) 2019–2030
Figure 14 North India Cancer Treatment Market Share, By End User, By Value (USD Billion) 2019–2030
Figure 15 South India Cancer Treatment Market Size, By Value (USD Billion), 2019–2030
Figure 16 South India Cancer Treatment Market Share, By Treatment Type, By Value (USD Billion) 2019–2030
Figure 17 South India Cancer Treatment Market Share, By Drug Type, By Value (USD Billion) 2019–2030
Figure 18 South India Cancer Treatment Market Share, By Cancer Type, By Value (USD Billion) 2019–2030
Figure 19 South India Cancer Treatment Market Share, By End User, By Value (USD Billion) 2019–2030
Figure 20 East India Cancer Treatment Market Size, By Value (USD Billion), 2019–2030
Figure 21 East India Cancer Treatment Market Share, By Treatment Type, By Value (USD Billion) 2019–2030
Figure 22 East India Cancer Treatment Market Share, By Drug Type, By Value (USD Billion) 2019–2030
Figure 23 East India Cancer Treatment Market Share, By Cancer Type, By Value (USD Billion) 2019–2030
Figure 24 East India Cancer Treatment Market Share, By End User, By Value (USD Billion) 2019–2030
Figure 25 West India Cancer Treatment Market Size, By Value (USD Billion), 2019–2030
Figure 26 West India Cancer Treatment Market Share, By Treatment Type, By Value (USD Billion) 2019–2030
Figure 27 West India Cancer Treatment Market Share, By Drug Type, By Value (USD Billion) 2019–2030
Figure 28 West India Cancer Treatment Market Share, By Cancer Type, By Value (USD Billion) 2019–2030
Figure 29 West India Cancer Treatment Market Share, By End User, By Value (USD Billion) 2019–2030
List of Tables
Table 1 India Cancer Treatment Market Size, By Value (USD Billion), 2019–2030
Table 2 India Cancer Treatment Market Share, By Treatment Type, By Value (USD Billion) 2019–2030
Table 3 India Cancer Treatment Market Share, By Drug Type, By Value (USD Billion) 2019–2030
Table 4 India Cancer Treatment Market Share, By Cancer Type, By Value (USD Billion) 2019–2030
Table 5 India Cancer Treatment Market Share, By End User, By Value (USD Billion) 2019–2030
Table 6 India Cancer Treatment Market Share, By Region, By Value (USD Billion) 2019–2030
Table 7 North India Cancer Treatment Market Size, By Value (USD Billion), 2019–2030
Table 8 North India Cancer Treatment Market Share, By Treatment Type, By Value (USD Billion) 2019–2030
Table 9 North India Cancer Treatment Market Share, By Drug Type, By Value (USD Billion) 2019–2030
Table 10 North India Cancer Treatment Market Share, By Cancer Type, By Value (USD Billion) 2019–2030
Table 11 North India Cancer Treatment Market Share, By End User, By Value (USD Billion) 2019–2030
Table 12 South India Cancer Treatment Market Size, By Value (USD Billion), 2019–2030
Table 13 South India Cancer Treatment Market Share, By Treatment Type, By Value (USD Billion) 2019–2030
Table 14 South India Cancer Treatment Market Share, By Drug Type, By Value (USD Billion) 2019–2030
Table 15 South India Cancer Treatment Market Share, By Cancer Type, By Value (USD Billion) 2019–2030
Table 16 South India Cancer Treatment Market Share, By End User, By Value (USD Billion) 2019–2030
Table 17 East India Cancer Treatment Market Size, By Value (USD Billion), 2019–2030
Table 18 East India Cancer Treatment Market Share, By Treatment Type, By Value (USD Billion) 2019–2030
Table 19 East India Cancer Treatment Market Share, By Drug Type, By Value (USD Billion) 2019–2030
Table 20 East India Cancer Treatment Market Share, By Cancer Type, By Value (USD Billion) 2019–2030
Table 21 East India Cancer Treatment Market Share, By End User, By Value (USD Billion) 2019–2030
Table 22 West India Cancer Treatment Market Size, By Value (USD Billion), 2019–2030
Table 23 West India Cancer Treatment Market Share, By Treatment Type, By Value (USD Billion) 2019–2030
Table 24 West India Cancer Treatment Market Share, By Drug Type, By Value (USD Billion) 2019–2030
Table 25 West India Cancer Treatment Market Share, By Cancer Type, By Value (USD Billion) 2019–2030
Table 26 West India Cancer Treatment Market Share, By End User, By Value (USD Billion) 2019–2030
Table 27 Bayer Company Overview
Table 28 Bayer Company Overview
Table 29 Astellas Pharma Inc., Company Overview
Table 30 Astellas Pharma Inc., Company Overview
Table 31 F. Hoffmann- La- Roche Company Overview
Table 32 F. Hoffmann- La- Roche Company Overview
Table 33 Pfizer Limited Company Overview
Table 34 Pfizer Limited Company Overview
Table 35 Natco Pharma Company Overview
Table 36 Natco Pharma Company Overview
Table 37 Novartis AG Company Overview
Table 38 Novartis AG Company Overview
Table 39 Amgen Company Overview
Table 40 Amgen Company Overview
Table 41 Merck KGaA Company Overview
Table 42 Merck KGaA Company Overview
Table 43 Siemens Healthineers Company Overview
Table 44 Siemens Healthineers Company Overview
Table 45 Bristol-Myers Squibb Company Overview
Table 46 Bristol-Myers Squibb Company Overview
Table 47 Pinnacle Life Science Pvt Ltd Company Overview
Table 48 Pinnacle Life Science Pvt Ltd Company Overview
Table 49 Takeda Pharmaceuticals Company Overview
Table 50 Takeda Pharmaceuticals Company Overview
Market Segmentation
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