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Universal “Pituitary Cancer” Market | Phenomenal Growth CAGR 9.4% |Top Prestigious Player |Outlook 2023 – MarketResearchFuture.com

05-19-2018 10:41 AM CET | Health & Medicine

Press release from: Market Research Future

Universal “Pituitary Cancer” Market | Phenomenal Growth

Global Pituitary Cancer Market Research Report, by Diagnosis (Blood Test, Urine Test, Brain Imaging, Vision Testing), by Treatment (Surgery, Radiation Therapy, Medications), by End-User (Hospital, Clinics, Diagnostic Centers) - Global Forecast Till 2023

The global pituitary cancer market is expected to grow at an approximate CAGR of 9.4% during the forecast period.

KEY PLAYERS FOR PITUITARY CANCER MARKET

Trinity Biotech (Ireland), Salzman International (U.S.) , Genentech, Inc. (U.S.), Sigma-Aldrich Co. LLC (U.S.), Varian Medical Systems, Inc. (U.S.), Elekta AB (Sweden), Accuray Incorporated (U.S.), Ion Beam Applications (Belgium), Nordion, Inc. (Canada), C. R. Bard, Inc. (U.S.), Isoray Medical, Inc. (U.S.), RaySearch Laboratories (Sweden), Mevion Medical Systems, Inc. (U.S.), Mitsubishi Electric Corporation (Japan), and others.

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MARKET SCENARIO FOR PITUITARY CANCER MARKET

Pituitary cancer is a medical condition characterized by the abnormal growth in the pituitary gland. Pituitary tumors affect the functioning of the gland and may either cause an increased or decreased level of pituitary hormone secretions within the body. It is reported that a majority of the pituitary tumors are noncancerous or benign growths- adenomas. These adenomas remain within the pituitary gland or near the proximity of the surrounding tissues. Pituitary cancer does not spread to the other parts of the body. The increasing prevalence of pituitary cancer is a major driver for the market growth. In 2017, the American Society of Clinical Oncology (ASCO) stated that approximately 4,230 pituitary gland tumors were to be diagnosed within the United States during the same year. Additionally, the growing geriatric population, rising healthcare expenditures, and increasing research and development by key players in the market provide favorable backgrounds for the market. According to the Centers for Disease Control and Prevention, the total national health expenditures in the U.S. was estimated to be about 3.2 trillion in 2015. However, factors such as lack of awareness, therapeutics related side effects, and stringent FDA approvals of the drugs are estimated to restrain the market growth during the forecast period.

SEGMENTATION FOR PITUITARY CANCER MARKET

The global pituitary cancer market is segmented on the basis of diagnosis, treatment type, and end-user.

On the basis of diagnosis, the market is segmented into blood tests, urine test, brain imaging, vision testing, and others. On the basis of treatment type, the market is categorized into surgery, radiation therapy, medications, and others. The surgery segment is sub-segmented into craniotomy, endoscopic trans-sphenoidal surgery, and others. The radiation therapy segment is sub-segmented into gamma knife stereotactic radiosurgery, external beam radiation, proton beam therapy, and others.  The medications segment is sub-segmented into cabergoline, bromocriptine, and others. On the basis of end-user, the market is segmented into hospitals, clinics, diagnostic centers, research institutes, and others.

REGIONAL ANALYSIS FOR PITUITARY CANCER MARKET

The Americas holds the largest segment of the global pituitary cancer market. The increasing prevalence of pituitary cancer and presence of well-developed healthcare sectors are expected to be the major drivers for the market growth during the forecast period. Additionally, the presence of key players such as C. R. Bard, Inc., Mevion Medical Systems, Inc., Accuray Incorporated, and others within the region followed by the rising healthcare expenditure are expected to boost the market growth during the forecast period. On a regional basis, the Americas is segmented into North America and South America. North America is estimated to lead the market. On the other hand, South America is projected to be the fastest growing region for the market.

Europe is second in the global pituitary cancer market owing to increasing patient population and rising availability of funds for research and development. According to the Cancer Research U.K., approximately 11,432 new cases of brain tumors were reported in the U.K. in 2015.  Moreover, the presence of a developed healthcare sector is expected to boost the market growth during the forecast period.

Asia Pacific is estimated to be the fastest growing market for pituitary cancer owing to the presence developing economies such as India and China, growing patient population, favorable government policies, expanding healthcare sector, and growing geriatric population within the region.

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MAJOR TOC FOR PITUITARY CANCER MARKET

CHAPTER 1. REPORT PROLOGUE

CHAPTER 2. MARKET INTRODUCTION

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

CHAPTER 3. RESEARCH METHODOLOGY

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

CHAPTER 4. MARKET DYNAMICS

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

LIST OF TABLES

Table 1 Pituitary Cancer Industry Synopsis, 2017–2023

Table 2 Pituitary Cancer Market Estimates & Forecast, 2017–2023, (USD Million)

Table 3 Pituitary Cancer Market, By Region, 2017–2023, (USD Million)

Table 4 Pituitary Cancer Market, By Diagnosis, 2017–2023, (USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Pituitary Cancer Market

Figure 3 Segmentation Market Dynamics for Pituitary Cancer Market

Figure 4 Global Pituitary Cancer Market Share, By Diagnosis 2016

TOC Continued……

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