APAC's non-small cell lung cancer market to hit $4.9 billion by 2022, report predicts
The non-small cell lung cancer (NSCLC) market in Asia-Pacific (APAC) countries will experience strong growth from $2.7 billion in 2015 to $4.9 billion by 2022, a compound annual growth rate of 8.7%, according to GBI Research.
APAC countries are in a hugely-populated region that includes India, China, Australia, South Korea, and Japan.
The latest report of GBI Research, a business intelligence provider, predicts that particularly important drivers of growth include immune-checkpoint inhibitors, such as Opdivo (nivolumab) and Keytruda (pembrolizumab), which are marketed by US pharma giants Bristol-Myers Squibb (NYSE: BMY) and Merck & Co (NYSE: MRK), respectively.
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