Published on 16 Oct 2023 on Insider Monkey via Yahoo Finance
In this article, we shall cover the top 30 oncology companies in the world. To skip our detailed analysis of the global oncology industry in 2023, go directly and see Top 10 Oncology Companies in the World.
According to a report by McKinsey and Company, the economic outlook for the US healthcare industry in 2023 appears grim, primarily due to non-transitory inflation rates, a glaring healthcare worker shortage and endemic COVID-19. However, according to expanded projections, healthcare profit pools are expected to rise at a CAGR of more than five percent from $654 billion in 2021 to $790 billion in 2026. Although the top oncology companies in the world are navigating significant headwinds, improvement efforts in the global pharmaceutical and biotech industries are aiding the healthcare sector in overcoming challenges in 2024. To read about countries with high cancer rates, check out our coverage of the 20 Countries With The Highest Rates of Cancer.
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