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Global Mesothelioma Treatment Market - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Global Mesothelioma Treatment Market
Global mesothelioma treatment market was valued at US$ XX Mn in 2017 and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2018 to 2024
Market Outline: Mesothelioma Treatment Market
Mesothelioma is a rare and aggressive form of cancer that occurs in the thin layer tissue that covers the majority of the internal organs. Mesothelioma most often affects the tissue that surrounds the lungs (pleura), which is called pleural mesothelioma. Other, rarer types of mesothelioma affect tissue in the abdomen (peritoneal mesothelioma), around the heart and around the testicles. Pleural mesothelioma is the most common type of mesothelioma. Mesothelioma primarily caused by the inhalation of asbestos fibers, can be diagnosed in older individuals who worked with asbestos products in an industrial setting as there is no cure currently exists, mesothelioma patients can usually improve their prognosis through some form of treatment available.
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Market Dynamics: Mesothelioma Treatment Market
Out of all types of mesothelioma, malignant pleural mesothelioma segment is anticipated to grow at significant rate and accounts for 70% of all mesothelioma cases followed by malignant peritoneal mesothelioma which accounts 15-20% of all mesothelioma cases. Many companies are focusing on the collaborations in order to study the combinations of various drugs. The combination therapies are improving the survival rates which is encouraging the R&D activities. According to the Cancer Research UK, 1 in every 140 men and 1 in every 710 women are diagnosed with malignant mesothelioma. The increasing cases of malignant mesothelioma are adding fuel to the mesothelioma treatment market growth.
Market Scope: Mesothelioma Treatment Market
Mesothelioma treatment market is segmented based on the product type, technology, disease indication, and distribution channel
Based on the drug class the market is segmented into the following:
• Alkylating agents
• Antimetabolites
• Plant alkaloids
• Antitumor Antibiotics
• Others
Based on the application, the market is segmented into the following:
• Pleural Mesothelioma
• Peritoneal Mesothelioma
Based on the route of administration, the market is segmented into the following:
• Oral
• Parenteral
Based on the distribution channel, the market is segmented into the following:
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
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Regional Analysis: Mesothelioma Treatment Market
Geographically, global mesothelioma treatment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Asia-Pacific dominates the mesothelioma treatment market due to the growing prevalence of mesothelioma in the region. The increasing geriatric population is also driving the growth of the mesothelioma treatment market. The poor reimbursement policies may hamper the growth of the global mesothelioma treatment market.
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Competition Assessment: Mesothelioma Treatment Market
Some of the players in the global mesothelioma treatment market include:
• Teva Pharmaceuticals (Israel)
• Boehringer Ingelheim GmbH (Germany)
• Mylan N.V. (U.S)
• Fresenius Kabi AG (Germany)
• Sun Pharmaceuticals Industries Ltd. (India)
• Concordia International Corp. (U.K)
• Kyowa Hakko Kirin Co Ltd. (Japan)
• MolMed SpA (Italy)
• Ono Pharmaceutical Co. Ltd. (Japan)
• Nichi-Iko Pharmaceutical Co. (Japan)
Notable Market Developments: Mesothelioma Treatment Market
In February 2016, AstraZeneca reported top-line result of tremelimumab monotherapy trial in mesothelioma.
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