Press release
Global Breast Cancer Therapeutics Market Trends 2024 Top Leader are Roche Diagnostics, Pfizer, AstraZeneca, Novartis, Sanofi, Eisai, and Eli Lily
U.S. breast cancer therapeutics market accounted for largest business share in 2016 and is anticipated to grow substantially over the forecast period. Increases access to breast cancer screening, diagnosis and treatment services will be the chief growth rendering factor. Moreover, increasing adoption of therapy drug by patients will fuel regional business growth.
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Some of the companies operating in breast cancer therapeutics market are Roche Diagnostics, Pfizer, AstraZeneca, Novartis, Sanofi, Eisai, and Eli Lily. New product launches, strong product pipeline, geographical expansion, mergers and acquisition will mainly boost the business. Chief industry players will endeavor to strengthen their place in this competitive market by implementation these strategies.
Breast Cancer Therapeutics Market is set to exceed USD 28 billion by 2024; according to a new research report.
Rising prevalence of breast cancer, launch of numerous diagnostic and screening programs globally and favorable insurance and reimbursement policies will serve as high influential factors for the breast cancer therapeutics market growth.
Advancement in technologies for cancer biology, increasing research and development for introduction of novel drugs to treat the disease will stimulate industry growth over the coming years. Rising adoption of minimally invasive cancer therapy methods should improve patient compliance.
Moreover, increasing awareness towards disease prevention, early screening and diagnosis will further propel the industry . However, prohibitive cost associated with breast cancer therapeutics may restrain its adoption in emerging economies. Compliance to therapy may reduce due to high maintenance treatment price.
Targeted drug therapy market should witness significant growth over the forecast period owing to factors such as their structure that is deliberately designed to interact with their target and search for specific molecular targets that are associated with cancer. Growing focus of much anticancer drug development on targeted therapies will drive the augmented demand for these products.
Rising incidence of disease due to increasing exposure to factors such as use of hormone replacement therapy (HRT), lifestyle related factors such as alcohol consumption, obesity and alteration in family which stimulates the usage rate of therapeutics over the forecast period will propel the industry growth.
China should witness considerable growth in the coming years due to increase in awareness programs to spread alertness regarding breast cancer screening, robust economic growth and rising disposable income.
Brazil breast cancer therapeutics market is projected to grow at a significant CAGR over the forecast period. Increased life expectancy among individuals and healthcare facility development are the chief features driving breast cancer therapeutics market growth in the country.
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Table of Content:
Chapter 1. Methodology
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast
1.1.3. Industry insights and validation
1.1.4. Market definition and forecast assumptions
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Breast cancer therapeutics industry 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Distribution channel trends
2.1.4. Regional trends
Chapter 3. Breast Cancer Therapeutics Industry Insights
3.1. Industry segmentatio
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Increasing breast cancer prevalence in the developed countries
3.3.1.2. Advancements in cancer biology
3.3.1.3. Launch of several diagnostic and screening programs worldwide
3.3.1.4. Favorable insurance and reimbursement policies
3.3.2. Industry pitfalls & challenges
3.3.2.1. High cost of breast cancer therapeutics
3.4. Epidemiology landscape
3.4.1. U.S
3.4.2. Europe
3.5. Growth potential analysis
3.5.1. By Product
3.5.2. By Distribution channel
3.6. Pipeline analysis
Outside scope of this report application in healthcare a lot. Targeted therapy, which first became available in the late 1990s, has had a significant impact in the treatment of some types of cancer, and is currently a very active research area. This constitutes the use of agents specific for the deregulated proteins of cancer cells. Small molecule targeted therapy drugs are generally inhibitors of enzymatic domains on mutated, overexpressed, or otherwise critical proteins within the cancer cell. Prominent examples are the tyrosine kinase inhibitors imatinib (Gleevec/Glivec) and gefitinib (Iressa).
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