Global Banking & Finance Review
Cancer Supportive Care Products Market to Reach US$ 32 Bn by 2030; Sales Limited by Complications for Cancer Patients Through Covid-19 Infections
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Published 2 months ago
The cancer supportive care products market is anticipated to reach a valuation of US$ 32 billion by 2030. The industry is expected to be marginally impacted by the ongoing crisis of the coronavirus outbreak. The critical nature of cancer treatment is a key factor that supports the production and sales of cancer supportive care products. On the other hand, potential risks of coronavirus on immunocompromised cancer patients can create challenges in the industry.
“Most prominent cancer treatment therapies have been known to cause a wide range of potentially serious side effects. Consequently, the role of cancer supportive care drugs is essential in reducing such side effects. So, increasing incidences of cancer has a direct impact on the growth of this market for the foreseeable future,” says the report by FMI.