Oncology Active Pharmaceutical Ingredients (APIs) Market Statistics, Trends, Segmentation Analysis and Forecast to 2027
Oncology Active Pharmaceutical Ingredients (APIs) Market The global Oncology Active Pharmaceutical Ingredients (APIs) Market has been posting incremental growth over the recent past and is expected to register a moderate CAGR over the forecast period, reveals Market Research Future (MRFR) in a minutely analyzed research report. Various factors are influencing the growth of the global cancer API market. Surging demand for small molecule drugs is one of the preliminary factors boosting the growth of the market. The small molecule API market is undergoing a period of rapid change. Small molecules are predominating the pharmaceutical industry and account for nearly 80% of the pharmaceutical sales, indicating their relevance in the future of pharmaceuticals. Moreover, small molecules have made significant development in the field of cancer treatment. Moreover, a growing trend of outsourcing has been witnessed in the manufacture of APIs which is expected to contribute to the market growt