Press release
Neuroendocrine Tumors Market 2020-2026 Is Going To Boom || Leading Players are Ipsen Pharma, Regeneron Pharmaceuticals, Mylan N.V, Teva Pharmaceutical Industries Ltd
According to this Neuroendocrine Tumors Market report, the key market players are making moves like product launches, joint ventures, developments, mergers and acquisitions which has influence on the market and ABC Industry as a whole and also affecting the sales, import, export, revenue and CAGR values. The Global Neuroendocrine Tumors market analysis report takes into account key product developments and tracks recent acquisitions, mergers and research in the Healthcare industry by the top market players. This Neuroendocrine Tumors Market report provides with the relevant information about the niche and saves a lot of time that may otherwise take for decision making.Global neuroendocrine tumors market is rise gradually to an estimated value of USD 2.80 Billion by 2026 registering a CAGR of 10.2% in the forecast period of 2019-2026. Increasing prevalence of neuroendocrine tumors and accelerating demand of clinical treatment and novel therapies indicates the significant growth of market.
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Few of the major competitors currently working in the global neuroendocrine tumors market are, Bristol-Myers Squibb Company, Novartis AG, Pfizer Inc., Amgen Inc., Ipsen Pharma, GlaxoSmithKline Plc, Regeneron Pharmaceuticals, Mylan N.V, Sanofi S.A, Teva Pharmaceutical Industries Ltd, F. Hoffmann-La Roche Ltd, Merck & Co., Inc., Eli Lilly and Company, AbbVie Inc., Advanced Accelerator Applications and among others
Market Definition: Global Neuroendocrine Tumors Market
Neuroendocrine tumors are an oncology disorder in which cancer arises from neuroendocrine cells and proliferate almost all over the body. The organs affected by neuroendocrine tumors are mainly, gastrointestinal (GI) tract, gallbladder, pancreas, lungs and thyroid. It is seen rarely in thymus, kidneys, liver, prostate, skin and ovaries. The patient may experience indigestion, abdominal pain, difficulty in breathing, muscle weakness, jaundice, weight loss etc.
According to the statistics published in American Society of Clinical Oncology, the total prevalent population of neuroendocrine tumors in United States was over 170,000, it is estimated that 12,000 new cases of patients in United States diagnosed with neuroendocrine tumors each year.
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Segmentation: Global Neuroendocrine Tumors Market:-
Neuroendocrine Tumors Market : By Site of Origin
Carcinoid tumors in the lungs
Pancreatic neuroendocrine tumors
Medullary thyroid carcinoma
Merkel cell carcinoma
Pheochromocytoma of the adrenal gland
Small cell lung cancer
Large cell lung cancer
Others
Neuroendocrine Tumors Market : By Therapy Type
Chemotherapy
Hormonal therapy
Immunotherapy
Surgery
Medication
Others
Neuroendocrine Tumors Market : By Mechanism of Cation type
Somatostatin analogs
Tyrosine kinase inhibitor
Peptide receptor radionuclide
Alfa-interferon
Proton-pump inhibitors
Others
Neuroendocrine Tumors Market : By Drug Type
Everolimus
Sunitinib malate
Lorlatinib
Nivolumab
Dacomitinib
Brigatinib
Durvalumab
Atezolizumab
Alectinib
Crizotinib
Topotecan hydrochloride
Bevacizumab
Others
Neuroendocrine Tumors Market : By Route of administration
Oral
Intravenous
Others
Neuroendocrine Tumors Market : By End Users
Hospitals
Homecare
Specialty Clinics
Others
Neuroendocrine Tumors Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:-
In January 2018, Advanced Accelerator Applications received FDA approval for Lutathera (lutetium Lu 177 dotatate), a radioactive somatostatin receptor acting as a Peptide Receptor Radionuclide Therapy (PRRT), indicated for the treatment of adult patients with gastroenteropancreatic neuroendocrine tumors (GEP-NETs). Previously, drug also received Orphan Drug designation by both the US FDA and European Medicines Agency (EMA)
In April 2019, Merck & Co., Inc received expanded approval from the US FDA for Keytruda (pembrolizumab), an anti-PD-1 therapy as a first line treatment of patients with stage III non-small cell lung cancer
Neuroendocrine Tumors Market Drivers:-
Increase in prevalence rate of neuroendocrine tumor in geriatric population worldwide
Accelerating demand of treatment and novel therapies
Rising awareness about treatment and technological advancement is driving the growth of market
Neuroendocrine Tumors Market Restraints:-
Effective treatment is either unavailable or unaffordable
Patent expiry from many companies and introduction of generic drugs is expected to restrain the growth if the market
Lack of awareness about novel therapies and clinical development for neuroendocrine tumors
Competitive Analysis: Global Neuroendocrine Tumors Market:-
Global neuroendocrine tumors 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 neuroendocrine tumors market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa
Neuroendocrine Tumors Market : Primary Respondents:-
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report:-
Current and future of global neuroendocrine tumors market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:-
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.
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