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Gynecological Cancer Drugs Market Report Explores and Analyses Essential Factors of Market Depending On Industry Situations, Market Needs, Business Strategies and Growth Condition

01-17-2019 09:08 AM CET | Health & Medicine

Press release from: Allied Market Research

Gynecological Cancer Drugs Market

Gynecological Cancer Drugs Market

Manufacturers' interest in hormone therapy and target treatment for gynecological cancer treatment is expected to have a significant impact on market growth during the forecast period.

The Gynecological Cancer Drugs Market is expected to grow at an average annual rate of 8.1% from 2017 to 2023 by 2023 to $ 1,617 million.

Cancer progresses when normal somatic cells become abnormal cells and continue to grow in an uncontrolled way. It has been named after the body part. Thus, gynecological cancer refers to a group of cancers that affect the female reproductive organs, such as the uterus, endometrium, ovaries, peritoneum, tubal, vagina, muscles and tissues supporting the vulva, cervix and uterus.

Growth in the global gynecological and cancer treatment market is driven by public agencies and private organizations to increase gynecological and cancer incidence, increase the importance of targeted drug therapy, increase government investment, and develop new drugs for cancer treatment. Increased risk factors leading to cancer. However, market growth is hampered by the high cost of drug development, the failure of anticancer therapy and the threat of side effects. On the contrary, advances in cancer drug research and the emergence of personalized medical approaches are expected to provide numerous opportunities for market growth during the forecast period.

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The list of key players profiled in this report include
• Apotex Inc.
• AstraZeneca Plc
• Bristol-Myers Squibb Company
• Eli Lilly and Company
• F. Hoffmann-La Roche AG
• GlaxoSmithKline plc
• Merck & Co. Inc.
• Novartis AG
• Pfizer Inc.
• Teva Pharmaceutical Industries Ltd.

The cervical cancer segment is expected to maintain its dominant position during the analysis period, owing to increase in prevalence of cervical cancer globally.
Targeted therapy segment is expected to grow rapidly, registering a CAGR of 8.9% throughout the forecast period, owing to increased benefits of targeted therapy over chemotherapy.

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Key Findings of Gynecological Cancer Drugs Market:
• The chemotherapy segment accounted for nearly two-thirds share of the global market in 2016.
• Cervical cancer segment accounted for more than two-fifths share of the market in 2016.
• The ovarian cancer segment is expected to grow at the fastest CAGR of 10.0% from 2016 to 2022.
• Asia-Pacific is expected to be the fastest growing region, registering a CAGR of 9.8% during the forecast period.

North America accounted for more than one-third share of the global market in 2016, and is expected to remain dominant throughout the forecast period. This is attributed to the increase in cancer incidence, growth in geriatric population, rise in patient awareness about the availability of treatment options, and favorable reimbursement framework for cancer drugs in the region. In addition, high adoption rate of cancer drugs and presence of highly sophisticated healthcare infrastructure are expected to present new growth opportunities to the players in this market.

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About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.


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