Press release
Global Osteosarcoma Drug Market 2020: Covering Competitive Scenario And Dynamics By GlaxoSmithKline plc, Novartis AG, Pfizer Inc, Johnson & Johnson Services, Inc, Eli Lilly and Company
Osteosarcoma drug market is growing at a substantial CAGR in the forecast period of 2020-2027. The report contains data of the base year 2019 and historic year 2018. Recent launch of drugs and increase in special designation from the regulatory authority is driving the growth of this market.This Osteosarcoma drug market study analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. This report is the best overview about global industry perspective, comprehensive analysis, size, share, growth, segment, trends and forecast. Estimations about the rise or fall of the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are evaluated in the report. TOC, graphs and tables included in the report helps understand the market size, share, trends, growth drivers and market opportunities and challenges.
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Competitive Analysis:
Osteosarcoma drug market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of osteosarcoma drug market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Players:
The key market players in the osteosarcoma drug market are Merck & Co. Inc, F. Hoffmann-La Roche Ltd, GlaxoSmithKline plc, Novartis AG, Pfizer Inc, Johnson & Johnson Services, Inc, Eli Lilly and Company, Takeda Pharmaceutical Company Limited, Amgen Inc, AstraZeneca, Bristol-Myers Squibb Company, Bayer AG, Incyte Corporation, Hikma Pharmaceuticals PLC, Baxter, ADVAXIS, INC, Bellicum Pharmaceuticals, Inc, Isofol Medical AB, Spectrum Pharmaceuticals, Inc among others.
Key Developments in the Market
In November 2018, Acrotech Biopharma, a subsidiary of Aurobindo Pharma received the U.S FDA approval for levoleucovorin (Khapzory) injection, a folate analog for the treatment of osteosarcoma and colorectal cancer in combination with fluorouracil. The approval of levoleucovorin represents major advances in the treatment of these patients through targeted mode of action.
In September 2018, Cellectar Biosciences, Inc received a Rare Pediatric Disease designation from the U.S FDA for its novel drug CLR 131 for the treatment of osteosarcoma. This designation enables the company to receive a priority review voucher and this voucher can be used by the company to get Priority Review for a future NDA or BLA submission, which will reduce the approval timeline
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Market Drivers
Increasing incidence of osteosarcoma amongst children worldwide is driving the market growth
Rising awareness amongst people is accelerating the market growth
Increase in research and development activities to launch an better treatment for osteosarcoma by leading players can act as a market driver
Increasing government support for research and development is driving the market growth
Increasing demand for new treatment of rare cancers such as osteosarcoma
Market Restraints
High cost of current treatment is hindering the market.
Unavailability of alternative methods for treatment of osteosarcoma
Adverse side effects associated with cancer therapy are hampering the market growth.
Global Osteosarcoma Drug Market Scope and Market Size:
By Types
(Central Tumor and Surface Tumor),
Treatment
(Surgery and Medication),
Mechanism of Action
(Topo Isomerase Inhibitor, RNA Synthesis Inhibitor, Dihydrofolic Acid Reductase Inhibitor, Monoclonal Antibody and Others),
Drugs
(Doxorubicin, Methotrexate, Dactinomycin, Denosumab, Cyclophosphamide and Others),
Route of Administration
(Oral, Parenteral),
Distribution Channel
(Direct, Online Pharmacy, Retailers and Others),
End-Users
(Hospitals, Homecare, Specialty Clinics and Others),
Geography
(North America, Europe, Asia-Pacific, South America, Middle East and Africa)
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