Oncology Drugs - Sudan

  • Sudan
  • The projected revenue for the Oncology Drugs market in Sudan is set to reach US$10.59m in 2024.
  • With an expected annual growth rate (CAGR 2024-2029) of 5.10%, the market volume is anticipated to reach US$13.58m by 2029.
  • It is worth noting that in global comparison, United States is expected to generate the highest revenue in this market, estimated to be US$103,900.00m in 2024.
  • The demand for advanced oncology drugs in Sudan is steadily increasing due to the rising incidence of cancer cases in the country.

Key regions: France, Europe, United Kingdom, Brazil, India

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Oncology Drugs market in Sudan has been experiencing significant growth in recent years.

Customer preferences:
The increasing prevalence of cancer in Sudan has led to a growing demand for oncology drugs. Patients are increasingly seeking out effective treatments that can help them manage their condition and improve their quality of life. As a result, there has been a shift towards more targeted therapies that are tailored to the specific needs of individual patients.

Trends in the market:
One of the key trends in the Oncology Drugs market in Sudan is the growing use of immunotherapy. This approach to cancer treatment harnesses the power of the immune system to fight cancer cells. Immunotherapy drugs are becoming increasingly popular in Sudan due to their effectiveness and relatively low side effects.Another trend in the market is the increasing use of combination therapies. This involves using multiple drugs in combination to improve treatment outcomes. Combination therapies are becoming more popular in Sudan as they offer the potential for improved efficacy and reduced toxicity compared to single-agent therapies.

Local special circumstances:
Sudan faces a number of unique challenges when it comes to oncology drug development and delivery. One of the biggest challenges is a lack of access to high-quality healthcare services in many parts of the country. This can make it difficult for patients to access the treatments they need, particularly in rural areas.Another challenge is the high cost of many oncology drugs. This can make it difficult for patients to afford the treatments they need, particularly those who are uninsured or underinsured.

Underlying macroeconomic factors:
The growth of the Oncology Drugs market in Sudan is being driven by a number of underlying macroeconomic factors. These include the country's growing population, increasing life expectancy, and rising disposable incomes.In addition, Sudan is investing heavily in healthcare infrastructure and services. The government is working to expand access to healthcare services, particularly in rural areas, and is investing in the development of new hospitals and clinics. This is helping to drive growth in the Oncology Drugs market by increasing demand for cancer treatments and improving access to these treatments for patients across the country.

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on drug revenues allocated to the country where the money is spent. Monetary values are given at manufacturer price level excluding VAT.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market. As a basis for evaluating markets, we use financial information of the key players by market. Next, we use relevant key market indicators and data from country-specific associations, such as industry associations. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. The main driver is healthcare expenditure. Expiring patents and new drugs in the pipeline are also considered.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. This market comprises prescription drugs and all OTC drugs covered in the Statista OTC Pharmaceuticals market. However, in the OTC Pharmaceuticals market, revenues are based on end-consumer prices.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)