Europe Cancer Therapeutics - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

Europe Cancer Therapeutics Market Analysis

The Europe oncology drugs market size stands at USD 61.46 billion in 2025 and is forecast to reach USD 79.87 billion by 2030, expanding at a 5.38% CAGR. This steady trajectory reflects regulatory harmonization by the European Medicines Agency (EMA), precision-medicine expansion under the EU Beating Cancer Plan, and sustained R&D investment in leading economies such as Germany and France. Intensifying competition centers on antibody-drug conjugates and radioligand therapies, while biosimilar uptake accelerates cost containment efforts across public health systems. Cross-border CAR-T manufacturing, digital biomarker deployment, and a venture-capital surge in radiopharmaceutical start-ups further widen addressable demand. Cost pressures, divergent health-technology assessment (HTA) timelines, and nuclear-medicine infrastructure gaps remain the principal obstacles to timely patient access.

Europe Cancer Therapeutics Market Trends and Insights

Precision-oncology approvals post-EMA reforms

EMA modernization has accelerated precision-oncology pathways, with 28 oncology opinions in 2024 versus historical single-digit figures. Conditional marketing authorizations shortened time to market for biomarker-driven agents such as lazertinib, which reached European patients within 12 months of pivotal data read-out and delivered 23.7 months median progression-free survival against 16.6 months for comparator therapy. Companies now prioritizing real-world-evidence generation gain a durable competitive edge, whereas developers reliant on legacy models face erosion in launch velocity. Harmonized procedures also reduce duplicative submissions, freeing capital for late-stage trials and life-cycle management.

Biosimilar oncology uptake lowering therapy costs

Europe’s biosimilar penetration triggered double-digit volume growth across molecules such as trastuzumab and rituximab, driving price erosion beyond 40% in leading markets. Physician confidence broadened adoption after real-world equivalence studies, enabling payers to reallocate savings to innovative therapies. Originators respond by emphasizing superior clinical differentiation and bundled service offerings. Multi-source competition intensifies procurement pressure, favoring manufacturers with high-throughput biologics capacity and robust pharmacovigilance data packages.

Divergent HTA reimbursement timelines across EU-5

The W.A.I.T. indicator survey shows an average 531-day lag between EMA approval and patient availability across the five largest markets, reflecting heterogeneous evidence and pricing requirements. While the 2025 Joint Clinical Assessment regulation aims to align methodologies, transitional frictions may widen gaps as national agencies recalibrate value-frameworks. Larger pharmaceutical firms leverage multi-disciplinary market-access teams to navigate parallel submissions, whereas smaller innovators risk launch postponements and revenue shortfalls.

Other drivers and restraints analyzed in the detailed report include:

1. Biosimilar oncology uptake lowering therapy costs
2. Genomic screening roll-outs in EU cancer plans
3. Hospital capacity gap for nuclear-medicine–based therapies

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Chemotherapy retained a 42.35% share of the Europe oncology drugs market size in 2024, reflecting its entrenched role in combination regimens. Yet targeted therapy is forecast to post a 6.23% CAGR, propelled by HER2-low breast-cancer approvals and next-generation EGFR inhibitors that extend progression-free intervals. A maturing immunotherapy backbone increasingly pairs with precision inhibitors, enabling deeper responses across tumor types and elevating biomarker testing rates.

Increasing clinical-trial density underscores strategic emphasis on tumor-agnostic indications, with basket-study designs compressing development cycles. Biosimilar erosion in traditional cytotoxics accelerates revenue migration toward precision platforms, prompting legacy manufacturers to replenish pipelines via licensing or bolt-on acquisitions. The shift also reorients hospital formularies toward outpatient administration, reinforcing payer preference for cost-effective, biomarker-guided protocols.

Breast cancer dominated the Europe oncology drugs market size with 25.45% share in 2024, backed by entrenched screening programs and established treatment algorithms. However, lung cancer is slated for the fastest 6.89% CAGR through 2030 as first-line immunotherapy combinations and exon-20 insertion inhibitors unlock previously refractory segments.

Environmental policy tightening on smoking and air-quality metrics may gradually temper incidence, yet rapid molecular-diagnostic adoption broadens eligible patient pools for targeted regimens in the near term. Pharmaceutical companies thus prioritize portfolio depth across genomic subsets, balancing blockbuster volume in hormone-positive breast cancer with high-growth revenue in niche lung-cancer mutations.

The Europe Oncology Drugs Market Report is Segmented by Therapy Type (Chemotherapy, Targeted Therapy, and More), Cancer Type (Breast Cancer, Lung Cancer, and More), Drug Class (PD-1/PD-L1 Inhibitors, Tyrosine Kinase Inhibitors, and More), Mode of Administration (Intravenous, Subcutaneous, and More), and Geography (Germany, United Kingdom, and More). The Market Forecasts are Provided in Terms of Value (USD).

List of Companies Covered in this Report:

1. Roche
2. Novartis
3. AstraZeneca
4. Pfizer
5. Bristol-Myers Squibb
6. Merck
7. Sanofi
8. Johnson & Johnson ( Janssen Biotech )
9. GlaxoSmithKline
10. Bayer
11. Eli Lilly and Company
12. Amgen
13. Abbvie
14. Boehringer Ingelheim Int’l GmbH
15. Ipsen
16. Daiichi Sankyo
17. Takeda Pharmaceuticals
18. Servier SAS
19. Hikma Pharmaceuticals

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support