Press release
The global Solid Tumor Therapeutics Market to grow in the forecast period 2019-2026 alongside the increasing need of better cancer treatment across the world
The global Solid Tumor Therapeutics Market to grow in the forecast period 2019-2026 alongside the increasing need of better cancer treatment across the worldHyderabad, April 3, 2019 -- The "Solid Tumor Therapeutics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2026" report has been added to Datamintelligence.com's offering.
The global robust tumor therapeutics market is growing due to several factors such as the rising prevalence of cases of solid tumors, increasing demand for advanced, effective chemotherapeutic drugs and therapies. According to WHO, in 2018, it was estimated that 164,690 men in the United States would develop prostate cancer.
Solid Tumors are the result of the accumulation of abnormal tissues which don’t have liquid or cyst. They are mainly of three types namely Benign (Non-Cancerous), Premalignant and Malignant (Cancerous).
Global Solid Tumor Therapeutics Market Growth Drivers and Restraints :
The global robust tumor therapeutics market is growing due to several factors such as the rising prevalence of cases of solid tumors, increasing demand for advanced, effective chemotherapeutic drugs and therapies. According to WHO, in 2018, it was estimated that 164,690 men in the United States would develop prostate cancer.
The increasing number of drugs going off patent, the rising cost of R&D, the number of growing generic products, and the high cost of therapy are hindering the growth of the market. For instance, the patent for Pemetrexed expired in Japan and major European countries in December 2015, while the United States patent expired in January 2017.
Market Summary:
The market is segmented into North America, South America, Europe, Asia-Pacific, and RoW. North America is dominating the stable tumor therapeutics market holding the highest market share due to the availability of high-quality advanced healthcare system in the United States. TheAsia-pacific market is also growing due to rising awareness and advancements in healthcare infrastructure for the treatment of various cases of cancer.
The major players include Abbott Laboratories, Inc., Amgen, Inc., AstraZeneca PLC, Baxter International, Inc., Biogen, Inc., Boehringer Ingelheim GmbH, Bristol-Myers Squibb Company, Eli Lilly and Company, F.F. Hoffmann-La Roche AG, and GlaxoSmithKline PLC, among others.
Key Points Covered in This Report
Solid Tumor Therapeutics Market Scope and Methodology
Solid Tumor Therapeutics Industry Trends
Solid Tumor Therapeutics Market Outlook
Market Segmentation - By Type
Regional, Country-level Analysis
Key Players in the industry
Companies Mentioned
Abbott Laboratories Inc.
Amgen Inc.
AstraZeneca PLC
Baxter International Inc.
Biogen Inc.
Boehringer Ingelheim GmbH
Bristol-Myers Squibb Company
Eli Lilly and Company
F.F. Hoffmann-La Roche AG
GlaxoSmithKline PLC
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