Market Dynamics:
The head and neck cancer drugs market is primarily driven by the rising prevalence of head and neck cancer across the globe. According to various estimates, head and neck cancer is the sixth most prevalent type of cancer globally. Moreover, rising environmental and lifestyle factors such as tobacco consumption and alcohol use have contributed significantly to the rising incidence of head and neck cancer, thus increasing the demand for drugs for head and neck cancer treatment. Tobacco smoking is one of the key risk factors for head and neck cancer which has led to an increased demand for effective treatment drugs. In addition, increased research and development activities by market players for developing advanced and targeted therapies for treatment of head and neck cancer is also expected to propel the market growth over the forecast period.
Key Takeaways
The Global Head And Neck Cancer Drugs Market Size is expected to witness high growth, exhibiting CAGR of 7.3% over the forecast period, due to increasing prevalence of head and neck cancer cases across the world. According to WHO, head and neck cancer cases are on a rise globally.
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