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Recent Research On Oral Cancer Treatment Market 2019 Focus On Top Key Players Pfizer, F. Hoffmann-La Roche, Eli Lilly and Company, Merck & Co, Teva Pharmaceutical Industries, Etc…
Global Oral Cancer Treatment Market - HighlightsThe Global Oral Cancer Treatment Market is growing with the rapid pace; mainly due to the increasing prevalence of Oral or Mouth Cancer, Advent innovative treatments & Technological advancements. According to a recent study report published by the Market Research Future, The global market of Oral Cancer Treatment is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
The Globally Market for Oral Cancer Treatment is one of the steady growing markets. The factors that influence the growth of the oral cancer treatment market include increasing consumption of tobacco, smoking, excessive consumption of alcohol and many others. Many people in Southeast Asia, South Asia, and others parts of the world chew betel quid, a leaf from the betel plant wrapped around areca nut and lime. Chewing gutka, a combination of betel quid and tobacco, is also common. Both of these substances are associated with an increased oral cancer risks.
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Leading Key Players
Bristol-Myers Squibb Company (U.S.)
Qilu Pharmaceutical Co., Ltd. (Asia Pacific)
Teva Pharmaceutical Industries Ltd. (Isarael)
Eli Lilly and Company. (U.S.)
Hoffmann-La Roche Ltd (Europe)
Merck & Co., Inc. (U.S.)
Novartis AG (Europe)
Pfizer Inc. (U.S.)
Global Oral Cancer Treatment Market - Segmentation
The Oral Cancer Treatment Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation By Types : Comprises Squamous Cell Carcinoma, Verrucous Carcinoma, Minor Salivary Gland Carcinomas, Lymphomas and other.
Segmentation By Drugs : Comprises Cisplatin, Carboplatin, 5-Fluorouracil, Paclitaxel, Docetaxel and Other and other.
Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Segment Squamous Cell Carcinoma by Cancer type accounts for the largest market share.
Market Growth Analysis
In 2017, according to the Oral Cancer Foundation, 49,750 Americans are estimated to be diagnosed with the oral oropharyngeal cancer. Moreover, it is estimated 9,750 deaths will be accounted for the same. Also, the rising per capita healthcare expenditures followed by growing awareness about oral diseases fuels the market growth.
In 2015, according to the Centers for Disease Control and Prevention, in the U.S., the total healthcare expenditure accounted for 17.8% of the total gross domestic product (GDP), which accounted for USD 3.2 trillion.
However, risks for recurrence of cancer and high cost of treatment may restrain the market growth. According to the Dharamshila Hospital, New Delhi, India, in 2015, the cost of the treatment of the oral cancers can range from USD 2,995 to USD 14,979.
The Global Oral Cancer Treatment Market is expected to grow at an approximate CAGR of 7.1% during the forecast period.
Global Oral Cancer Treatment Market - Regional Analysis
America dominates the global Oral Cancer Treatment market owing to the well-developed healthcare sector. Moreover, the presence of the global players like Bristol-Myers Squibb Company and Merck & Co., Inc. within the regional boundaries fuels the market growth.
Europe holds the second largest market for Oral Cancer Treatment, which is followed by Asia Pacific. Huge patient population and a well-developed healthcare infrastructure will drive the market in the Europe.
In 2014, according to the Cancer Research U.K, 11,449 new cases of oral cancer were reported which caused 2,386 estimated death within the same year.
Asia Pacific is the fastest growing region for the market due to the presence of developing economies like India and China within the region. The Middle East & Africa has the least share in the global Oral Cancer Treatment market due to presence of poor economies especially in the African region.
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