Press release
Osteosarcoma Market 2018-2023 Ongoing Trend | Pfizer (U.S.), Novartis (U.S.), Spectrum Pharmaceuticals, Inc. (U.S.), Hikma Pharmaceuticals (U.K), Baxter (U.S.), Advaxis Inc., Bellicum Pharmaceuticals (U.S.), and Inc. Isofol Medical AB (Sweden)
Market ScenarioOsteosarcoma is a malignant tumor of bone in which there is a proliferation of osteoblasts. It is one the common type of cancer leading to the production of immature bones. The tumor is the mostly occurs in children and teens. It is more dominant in males than females. Intramedullary osteosarcoma, juxtacortical osteosarcoma, and extraskeletal osteosarcoma are three types of osteosarcomas, amongst which intramedullary osteosarcoma is the most prevalent.
As per studies conducted by American Cancer Society, cases of osteosarcoma accounts for about 2% of childhood cancers, and make up a much smaller percentage of adult cancers.
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Rising prevalence of osteosarcoma among children, increasing demand for new treatment of rare cancers such as osteosarcoma are key the drivers for the growth of the osteosarcoma market across the globe. Furthermore, rising awareness accelerate the development of the market. concentration of key players in developed countries are now engaged in innovative product development and research for offering products and services also boost the growth of the market.
Moreover, as per cancer research U.K, bone sarcoma rates increased by 22% in the last decade which is likely to impact positively on the growth of the market.
However, high cost of current treatment methods, and unavailability of alternative methods for treatment of osteosarcoma may slow the market growth during the forecast period.
According to the Agency for Healthcare Research and Quality (U.S.), patients with osteosarcoma typically hospitalized for about a week at a cost of USD 19,600 total, or USD 2,800 per day. This cost may increase in developing economies, which may result in low market growth.
The global osteosarcoma market is expected to grow at a CAGR of 6.40% during the forecast period 2017-2023.
Segmentation
The global osteosarcoma market is segmented on the basis of types, diagnosis, treatment, and end user.
On the basis of the types, it is further segmented into intramedullary osteosarcoma, juxtacortical osteosarcoma, and extra-skeletal osteosarcoma.
On the basis of the diagnosis, the market is segmented into biopsy, X-ray, MRI, CT Scan, bone scan, and others.
On the basis of the treatment, the market is segmented into chemotherapy, surgery, radiation therapy, and others.
On the basis of the end user, the market is segmented into hospitals & clinics, cancer research centers, and others.
TABLE OF CONTENTS
1 REPORT PROLOGUE$ 1,320.00
2 MARKET INTRODUCTION$ 0.00
2.1 Definition 16
2.2 Scope Of The Study 16
2.2.1 Research Objective 16
2.2.2 Assumptions 16
2.2.3 Limitations 17
3 RESEARCH METHODOLOGY$ 0.00
3.1 Introduction 18
3.2 Primary Research 19
3.3 Secondary Research 19
3.4 Market Size Estimation 20
4 MARKET DYNAMIC$ 950.00
4.1 Introduction 22
4.2 Drivers 23
4.2.1 Rising Prevalence Of Osteosarcoma (25%) 23
4.2.2 Increasing Expenditure On Oncology Medicine And Research (45%) 24
4.2.3 Rising Demand For New Treatment (30%) 25
4.3 Restraints 26
4.3.1 High Cost Of Treatment 26
4.4 Technology Trends And Assessment 27
4.5 Macroeconomic Indicators 28
5 MARKET FACTOR ANALYSIS$ 950.00
5.1 Value Chain Analysis 29
5.1.1 Research & Product Development 29
5.1.2 Formulation 30
5.1.3 Marketing & Sales 30
5.1.4 Finish Products 30
Key Findings:
On the basis of type, intramedullary osteosarcoma is the fastest growing market and is expected to reach USD 62.19 million by 2023 from USD 36.34 million in 2016 at a CAGR of 6.81% during the forecast period of 2017-2023.
On the basis of diagnosis, biopsy is the fastest growing market, which is expected to reach USD 45.86 million by 2023 from USD 26.90 million in 2016, at a CAGR of 6.76% during the forecast period of 2017-2023.
On the basis of application, synthetic biology is the fastest growing market, which is expected to reach USD
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Key Players
Some of the key players in this market are Pfizer (U.S.), Novartis (U.S.), Spectrum Pharmaceuticals, Inc. (U.S.), Hikma Pharmaceuticals (U.K), Baxter (U.S.), Advaxis Inc., Bellicum Pharmaceuticals (U.S.), and Inc. Isofol Medical AB (Sweden).
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