Product Code: ETC6192567 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australias targeted cancer therapy market is experiencing strong growth due to the shift from traditional chemotherapy to precision medicine. Investments in oncology research, access to cutting-edge biologics, and personalized treatment plans are driving adoption. Reimbursement policies and clinical trial data are key market influencers.
Targeted cancer therapies are revolutionizing oncology care in Australia, with precision medicine initiatives accelerating. Biomarker testing and companion diagnostics are enabling tailored treatment regimens. The rise of immuno-oncology drugs, particularly monoclonal antibodies and kinase inhibitors, is driving innovation and reshaping treatment paradigms.
Targeted cancer therapies face hurdles including high treatment costs, the complexity of patient-specific customization, and regulatory barriers. Personalized medicine requires sophisticated diagnostics and molecular profiling, which are not uniformly accessible across Australia. Additionally, the development and approval of such therapies are time-intensive and costly, limiting their availability for all cancer types.
Targeted therapies continue to revolutionize oncology care in Australia. Investment opportunities exist in R&D for monoclonal antibodies, kinase inhibitors, and companion diagnostics. Australian biotech startups focusing on rare cancers or personalized medicine approaches offer high-growth potential for venture capital and private equity players.
Targeted cancer therapies are highly regulated by the TGA and are often fast-tracked for approval through the Priority Review pathway for life-threatening conditions. The government supports cancer research through the NHMRC and the Cancer Australia agency. Subsidies through the PBS make targeted therapies more accessible, while ongoing reforms aim to include precision oncology under national cancer control plans.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Targeted Cancer Therapy Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Targeted Cancer Therapy Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Targeted Cancer Therapy Market - Industry Life Cycle |
3.4 Australia Targeted Cancer Therapy Market - Porter's Five Forces |
3.5 Australia Targeted Cancer Therapy Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Targeted Cancer Therapy Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Targeted Cancer Therapy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Targeted Cancer Therapy Market Trends |
6 Australia Targeted Cancer Therapy Market, By Types |
6.1 Australia Targeted Cancer Therapy Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Targeted Cancer Therapy Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Australia Targeted Cancer Therapy Market Revenues & Volume, By Tumor Antigens As Targets of Antibodies, 2021- 2031F |
6.1.4 Australia Targeted Cancer Therapy Market Revenues & Volume, By Development of Antibodies for Clinical Purposes, 2021- 2031F |
6.1.5 Australia Targeted Cancer Therapy Market Revenues & Volume, By Complement Dependent Cytotoxicity (CDC), 2021- 2031F |
6.1.6 Australia Targeted Cancer Therapy Market Revenues & Volume, By Signal Transduction Changes, 2021- 2031F |
6.2 Australia Targeted Cancer Therapy Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Targeted Cancer Therapy Market Revenues & Volume, By Hospital, 2021- 2031F |
6.2.3 Australia Targeted Cancer Therapy Market Revenues & Volume, By Clinic, 2021- 2031F |
7 Australia Targeted Cancer Therapy Market Import-Export Trade Statistics |
7.1 Australia Targeted Cancer Therapy Market Export to Major Countries |
7.2 Australia Targeted Cancer Therapy Market Imports from Major Countries |
8 Australia Targeted Cancer Therapy Market Key Performance Indicators |
9 Australia Targeted Cancer Therapy Market - Opportunity Assessment |
9.1 Australia Targeted Cancer Therapy Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Targeted Cancer Therapy Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Targeted Cancer Therapy Market - Competitive Landscape |
10.1 Australia Targeted Cancer Therapy Market Revenue Share, By Companies, 2024 |
10.2 Australia Targeted Cancer Therapy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |