Radiation Induced Myelosuppression Treatment Market: Industry Outlook, Size, Share, Growth Prospects, Key Opportunities, Trends and Forecasts 2018 – 2028

Various cancer treatments such as chemotherapy, radiation therapy kills cancerous as well as normal body cells as it cannot differentiate between them. Hence, cancer treatment with chemotherapy or radiation therapy leads to decrease in the number of neutrophils (neutropenia), thrombocytes (thrombocytopenia) and RBC’s (anemia) which is collectively called myelosuppression and when it happens due to radiation therapy it is called as radiation induced myelosuppression. Due to the decreased number of RBCs patients tend to suffer from fatigue and other related disorders. Due to radiation induced myelosuppression leading to neutropenia, patient may suffer from the various infections due to decreased immunity.

In radiation induced myelosuppression leading to thrombocytopenia patient’s body becomes prone to excessive bleeding due to non-coagulation. These are critical conditions in cancer patients and they affects the cancer treatment adversely along with patient’s therapy outcome. If not managed on time these conditions tend to deter patient’s health and may result in early death. According to the World Health Organization (WHO), the number of deaths due to cancer worldwide in 2015 was 8.8 million and conditions such as anemia, neutropenia and thrombocytopenia affects even more.

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Radiation Induced Myelosuppression Treatment Market: Drivers and Restraints

Worldwide increasing incidence of cancer expected to the major driving factor in the radiation induced myelosuppression treatment market. With increasing use of radiation and chemotherapy for the cancer management incidence of myelosuppression expected to be rising rapidly driving growth of the radiation induced myelosuppression treatment market. Launch of various biosimilars in radiation induced myelosuppression treatment market is improving the penetration of cost-effective products. The expiry of patent for different drugs in the radiation induced myelosuppression treatment market is further making the way for relatively cost-effective drugs in turn enhancing the adoption. Innovative approach by manufacturers for ease of dosage administration such as eliminating the need for frequent dose administration further driving the growth of radiation induced myelosuppression treatment market. Increasing innovation of radiation induced myelosuppression treatment option which do not interfere with the cancer therapy further driving the growth of radiation induced myelosuppression treatment market. Increasing early diagnosis rate of cancer further enhancing the growth of radiation induced myelosuppression treatment market. However, higher cost of radiation induced myelosuppression treatment remains the major restraint in the radiation induced myelosuppression treatment market growth.

Radiation Induced Myelosuppression Treatment Market: Segmentation

Radiation induced myelosuppression treatment market is segmented based on the drug class, indication, route of administration, distribution channel, and region

By the drug class, radiation induced myelosuppression treatment market is segmented as:

Growth Factors
Colony Stimulating Factors
Thrombopoietin Receptor Agonists
Erythropoietin Stimulating Agents
Thrombopoietic Agents
Iron Supplement
Others

By indication, radiation induced myelosuppression treatment market is segmented as:

Neutropenia
Anemia
Thrombocytopenia

By route of administration, radiation induced myelosuppression treatment market segmented as:

Oral
Injectable

By distribution channel, radiation induced myelosuppression treatment market is segmented as:

Hospital Pharmacies
Retail Pharmacies
Drug Store
Clinics
Others

Radiation Induced Myelosuppression Treatment Market: Overview

Increasing worldwide prevalence of cancer is the major driving factor in the radiation induced myelosuppression treatment market. By the drug class, radiation induced myelosuppression treatment market is expected to be dominated by growth factors due to their superior efficacy in the radiation induced myelosuppression treatment. By the indication, radiation induced myelosuppression treatment market is expected to be dominated by neutropenia due to comparative more severity as well as higher cost of treatment. By route of administration, radiation induced myelosuppression treatment market is expected to be dominated by injectables due to more effectiveness and widespread radiation induced myelosuppression treatment availability in the injectable form. By distribution channel, radiation induced myelosuppression treatment market is expected to be dominated by hospital pharmacies due to higher patient convenience receiving radiation induced myelosuppression treatment.

Radiation Induced Myelosuppression Treatment Market: Regional Outlook

The global radiation induced myelosuppression treatment market is dominated by North America due to higher rate of early cancer diagnosis and availability of advanced radiation induced myelosuppression treatment options. Europe is expected to be the second most lucrative radiation induced myelosuppression treatment market due to high treatment adoption. Asia-Pacific is expected to be the emerging radiation induced myelosuppression treatment market due to rapidly improving healthcare infrastructure and product penetration. Latin America is expected to be the steady radiation induced myelosuppression treatment market due to gradually increasing radiation induced myelosuppression treatment adoption. Middle East & Africa is the least lucrative radiation induced myelosuppression treatment market due to low adoption and low product penetration in the region.

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Radiation Induced Myelosuppression Treatment Market: Key Players

Some of the global key participants operating in radiation induced myelosuppression treatment market are: Amgen Inc., Novartis AG, Teva Pharmaceutical Industries Ltd, Mylan N.V., Pfizer Inc., Janssen Global Services, LLC (Johnson & Johnson), Partner Therapeutics, Inc., Myelo Therapeutics GmbH, Intas Pharmaceuticals and Others.

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This release was published on openPR.