• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample

    ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    US Oncology Drugs Market

    ID: MRFR/Pharma/13148-HCR
    128 Pages
    Rahul Gotadki
    September 2025

    U.S. Oncology Drugs Market Research Report Information By Type (Chemotherapy, Targeted Therapy, Immunotherapy (Biologic Therapy), Hormonal Therapy, Other), By Application (Blood Cancer, Breast Cancer, Gastrointestinal Cancer, Prostate Cancer, Respiratory or Lung Cancer, Other)–Market Forecast Till 2032

    Share:

    Download PDF

    ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    US Oncology Drugs Market Research Report - Forecast Till 2032 Infographic
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0
    Table of Contents

    US Oncology Drugs Market Summary

    The U.S. Oncology Drugs market is projected to experience substantial growth from 132.6 billion USD in 2024 to 556.8 billion USD by 2035.

    Key Market Trends & Highlights

    U.S. Oncology Drugs Key Trends and Highlights

    • The U.S. Oncology Drugs market is valued at 132.6 billion USD in 2024.
    • By 2035, the market is expected to reach 556.8 billion USD, indicating robust growth.
    • The compound annual growth rate (CAGR) for the market is projected at 13.93% from 2025 to 2035.
    • Growing adoption of targeted therapies due to increasing cancer prevalence is a major market driver.

    Market Size & Forecast

    2024 Market Size 132.6 (USD Billion)
    2035 Market Size 556.8 (USD Billion)
    CAGR (2025-2035) 13.93%
    Largest Regional Market Share in 2024 latin_america)

    Major Players

    GlaxoSmithKline PIc., Novartis AG, Merck & Co. Inc., Eli Lilly and Company, Amgen Inc., Bayer, Celgene Corporation, Johnson & Johnson, Pfizer Inc.

    US Oncology Drugs Market Trends

    Immunotherapy Dominance is driving the market growth

    One prominent trend in the U.S. Oncology Drugs market is the dominance of Immunotherapy. Immunotherapeutic agents, including immune checkpoint inhibitors and CAR-T cell therapies, have revolutionized cancer treatment by leveraging the body's immune system to target and eliminate cancer cells. The success of immunotherapy in various cancers, such as melanoma, lung cancer, and haematological malignancies, has led to its widespread adoption and ongoing research for expanding its applications.

    The trend highlights a paradigm shift towards precision medicine and targeted therapies that offer more effective and less toxic treatment options, representing a significant advancement in the landscape of oncology drugs.This factor drives the market CAGR.

    Furthermore, another key trend shaping the U.S. Oncology Drugs market is the increasing focus on personalized medicine and targeted therapies. Advances in genomics and molecular diagnostics have allowed for a deeper understanding of the genetic basis of cancer, leading to the development of drugs that target specific molecular pathways involved in cancer growth. Targeted therapies offer the potential for more effective treatment with fewer side effects compared to traditional chemotherapy. The trend towards precision medicine is evident in the growing number of oncology drugs designed to target specific genetic mutations or proteins associated with particular cancer types.

    This approach improves treatment outcomes and underscores the ongoing evolution towards more tailored and patient-centric cancer care in the United States.Thus driving the U.S. Oncology Drugs market revenue.

    US Oncology Drugs Market Drivers

    Market Segment Insights

    U.S. Oncology Drugs Type Insights

    Based on Type, the U.S. Oncology Drugs market segmentation includes Chemotherapy, Targeted Therapy, Immunotherapy (Biologic Therapy), Hormonal Therapy, and Others. Targeted therapy emerges as the dominant category in the U.S. Oncology Drugs market due to its emphasis on precision medicine and the specific targeting of molecular pathways involved in cancer growth. These therapies are designed to interfere with specific molecules involved in cancer progression, addressing the unique characteristics of cancer cells. Additionally, immunotherapy, specifically biologic therapy, represents the fastest-growing category in the U.S. oncology drugs market, driven by its revolutionary approach and broad applicability across different cancer types.

    Biologic therapies harness the body's immune system to recognize and attack cancer cells, offering a novel and powerful treatment approach.

    Figure1:U.S. Oncology Drugs Market, by Distribution Channel, 2022 & 2032 (USD Billion)

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    U.S. Oncology Drugs Application Insights

    The U.S. Oncology Drugs market segmentation, based on Application, includes Blood Cancer, Breast Cancer, Gastrointestinal Cancer, Prostate Cancer, Respiratory or Lung Cancer, and others. Breast cancer stands out as the dominant category in the U.S. Oncology Drugs market, driven by its high incidence rate and the comprehensive treatment landscape that includes a diverse array of therapeutic interventions. The prevalence of breast cancer across various demographics necessitates a robust pharmaceutical response, leading to the development of targeted therapies, hormonal treatments, and immunotherapies specifically tailored to address different subtypes of breast cancer.

    Additionally, immunotherapy is the fastest-growing category in the U.S. oncology drugs market, which is applied to respiratory or lung cancer. Advancements in immunotherapeutic approaches, particularly in non-small cell lung cancer, have led to a surge in research and the development of novel drugs. Immunotherapy has demonstrated unprecedented success in improving survival rates for lung cancer patients, with immune checkpoint inhibitors such as pembrolizumab and nivolumab gaining widespread adoption.

    U.S. Oncology Drugs Country Insights

    In the United States, the Oncology Drugs landscape reflects a dynamic and evolving approach to combating various cancer types. With breast cancer dominating due to its high incidence, the pharmaceutical focus is comprehensive, spanning targeted therapies, hormonal treatments, and immunotherapies tailored to different subtypes. The fastest-growing category centres on respiratory or lung cancer immunotherapy, showcasing remarkable advancements in addressing historically challenging conditions. The U.S. Oncology Drugs market underscores a commitment to precision medicine and innovative therapeutic approaches, focusing on improving patient outcomes and redefining the standard of care in the complex and diverse cancer treatment landscape.

    Get more detailed insights about US Oncology Drugs Market Research Report - Forecast Till 2032

    Regional Insights

    Key Players and Competitive Insights

    In order to extend their product lines, major market players are substantially investing in research and development, which would propel further growth in the U.S. oncology drugs market. In order to increase their market share, market players are also engaging in a range of strategic initiatives. Notable developments in this regard include the introduction of new products, contracts, mergers and acquisitions, increased investment, and cooperation with other businesses. The American oncology market needs to provide affordable products if it wants to grow and thrive in a more cutthroat and dynamic environment.

    Major players in theU.S. Oncology Drugsmarket are attempting to increase market demand by investing in research and development operations, including GlaxoSmithKline PIc.,Novartis AG,Merck & Co. Inc.,Eli Lilly and Company,Amgen Inc.,Bayer, Celgene Corporation,Johnson & Johnson,Pfizer Inc.

    Key Companies in the US Oncology Drugs Market market include

    Industry Developments

    Market Segmentation

    U.S. Oncology Drugs Type Outlook

    • Chemotherapy
    • Targeted Therapy
    • Immunotherapy (Biologic Therapy)
    • Hormonal Therapy
    • Other

    U.S. Oncology Drugs Application Outlook

    • Blood Cancer
    • Breast Cancer
    • Gastrointestinal Cancer
    • Prostate Cancer
    • Respiratory or Lung Cancer
    • Other

    Report Scope

    Report Attribute/Metric Details
    Market Size2022 USD 98.8 Billion
    Market Size 2023 USD 114.1 Billion
    Market Size2032 USD 361.4 Billion
    Compound Annual Growth Rate (CAGR) 15.50%(2023-2032)
    Base Year 2022
    Market Forecast Period 2023-2032
    Historical Data 2018- 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type, Application, and Region
    Countries Covered The U.S.
    Key Companies Profiled GlaxoSmithKline PIc.,Novartis AG,Merck & Co. Inc.,Eli Lilly and Company,Amgen Inc.,Bayer, Celgene Corporation,Johnson & Johnson,Pfizer Inc
    Key Market Opportunities Rising prevalence of cancer disease
    Key Market Dynamics The rise in the incidence of various cancer conditions

    Market Highlights

    Author

    Rahul Gotadki
    Assistant Manager

    He holds an experience of about 7+ years in Market Research and Business Consulting, working under the spectrum of Life Sciences and Healthcare domains. Rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. His expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. In addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives

    Leave a Comment

    FAQs

    How much is the U.S. Oncology Drugs market?

    The U.S. Oncology Drugs market size was valued at USD 98.8 Billion in 2022.

    What is the growth rate of the U.S. Oncology Drugs market?

    The market is projected to grow at a CAGR of 15.50% during the forecast period, 2023-2032.

    Who are the key players in the U.S. Oncology Drugs market?

    The key players in the market areGlaxoSmithKline PIc.,Novartis AG,Merck & Co. Inc.,Eli Lilly and Company,Amgen Inc.,Bayer, Celgene Corporation,Johnson & Johnson, and Pfizer Inc.

    Which Typeled the U.S. Oncology Drugs market?

    The Targeted Therapy category dominated the market in 2022.

    Which Applicationhad the largest market share in the U.S. Oncology Drugs market?

    Breast Cancer had the largest share in the market.

    What is the expected market size of the US Oncology Drugs Market in 2024?

    The US Oncology Drugs Market is expected to be valued at 38.5 USD Billion in 2024.

    What will be the projected market size in 2035?

    By 2035, the US Oncology Drugs Market is anticipated to reach a valuation of 162.75 USD Billion.

    What is the expected CAGR for the US Oncology Drugs Market from 2025 to 2035?

    The expected CAGR for the US Oncology Drugs Market from 2025 to 2035 is 14.003%.

    Which drug classes are included in the US Oncology Drugs Market?

    The market is divided into Cytotoxic Drugs, Targeted Drugs, Hormonal Drugs, and Others.

    What is the market value for Cytotoxic Drugs in 2024?

    In 2024, the market value for Cytotoxic Drugs is estimated at 9.5 USD Billion.

    What will be the market size of Targeted Drugs by 2035?

    The market size for Targeted Drugs is projected to be 66.5 USD Billion by 2035.

    What is the estimated value of Hormonal Drugs in the market for 2024?

    For the year 2024, the estimated value of Hormonal Drugs is 8.5 USD Billion.

    Who are the key players in the US Oncology Drugs Market?

    Major players include Bristol Myers Squibb, Novartis, AstraZeneca, Merck, and Eli Lilly.

    How is the market expected to grow for Other Drugs from 2024 to 2035?

    The market for Other Drugs is expected to grow from 5.0 USD Billion in 2024 to 20.5 USD Billion in 2035.

    What growth opportunities exist in the US Oncology Drugs Market?

    The market presents growth opportunities through innovation in drug development and increasing prevalence of cancer.

    1. EXECUTIVE SUMMARY
    2. MARKET INTRODUCTION
      1. Definition
      2. Scope of the Study
        1. Research
        2. Assumptions
        3. Limitations
    3. RESEARCH METHODOLOGY
      1. Overview
      2. Data Mining
      3. Secondary Research
      4. Primary Research
        1. Primary
        2. Breakdown of Primary
      5. Forecasting Model
      6. Market Size Estimation
        1. Bottom-Up Approach
        2. Top-Down Approach
      7. Data Triangulation
      8. Validation
    4. MARKET DYNAMICS
      1. Overview
      2. Drivers
      3. Restraints
      4. Opportunities
    5. MARKET FACTOR ANALYSIS
      1. Value Chain Analysis
      2. Porter’s Five Forces Analysis
        1. Bargaining Power
        2. Bargaining Power of Buyers
        3. Threat
        4. Threat of Substitutes
        5. Intensity
      3. COVID-19 Impact Analysis 
        1. Market
        2. Regional Impact
        3. Opportunity
    6. U.S. ONCOLOGY DRUGS MARKET,BY TYPE
      1. Overview
      2. Chemotherapy
      3. Targeted Therapy
      4. Immunotherapy (Biologic Therapy)
      5. Hormonal Therapy
      6. Other
    7. U.S. ONCOLOGY DRUGS MARKET,BY APPLICATION
      1. Overview
      2. Blood Cancer
      3. Breast Cancer
      4. Gastrointestinal Cancer
      5. Prostate Cancer
      6. Respiratory
      7. Other
    8. COMPETITIVE LANDSCAPE
      1. Overview
      2. Competitive Analysis
      3. Market Share
      4. Major Growth Strategy in the U.S. Oncology Drugs Market,
      5. Competitive Benchmarking
      6. Leading Players in Terms of
      7. Key developments
        1. New ProductLaunch/Service Deployment
        2. Merger &Acquisitions
        3. Joint Ventures
      8. Major Players Financial Matrix 
        1. Sales & Operating
        2. Major Players R&D Expenditure.2022
    9. COMPANY PROFILES
      1. GlaxoSmithKline PIc.
        1. Company
        2. Financial Overview
        3. Products Offered
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategies
      2. Novartis AG
        1. Company Overview
        2. Financial Overview
        3. Products Offered
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategies
      3. Merck & Co. Inc
        1. Company Overview
        2. Financial Overview
        3. Products Offered
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategies
      4. Eli
        1. Company Overview
        2. Financial
        3. Products Offered
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategies
      5. Amgen
        1. Company Overview
        2. Financial Overview
        3. Products Offered
        4. Key Developments
        5. SWOT
        6. Key Strategies
      6. Bayer
        1. Company Overview
        2. Financial Overview
        3. Products
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategies
      7. Celgene Corporation
        1. Company
        2. Financial Overview
        3. Products Offered
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategies
      8. JOHNSON & JOHNSON
        1. Company Overview
        2. Financial Overview
        3. Products Offered
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategies
      9. Pfizer Inc.
        1. Company Overview
        2. Financial
        3. Products Offered
        4. Key Developments
        5. SWOT Analysis
        6. Key Strategies
    10. APPENDIX
      1. References
      2. Related Reports

    US Oncology Drugs Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Report Infographic

    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne

    Founder
    Case Study

    Chemicals and Materials