Breast Cancer Diagnostics And Therapeutics Market Size, Share, Industry Analysis and Forecast 2019-2025

Global breast cancer diagnostics and therapeutics market are estimated to grow significantly at a CAGR of 9.4% during the forecast period. The growth of the market is attributed to the increasing prevalence of breast cancer and rising awareness in emerging countries such as India, China, and Malaysia. Furthermore, the introduction of new technology such as imaging technology and 3D mammography is also estimated to have a significant impact on the growth of the market. The global expenditure on breast cancer therapies and medicines is increasing very rapidly which leads to the high rates of diagnosis and treatment of breast cancer. However, the high cost of breast cancer drugs and surgeries across the developed countries are estimated to be the major constraints in the growth of the market. As per the American Cancer Society, breast cancer treatment can cost more than $100,000 in developed countries such as the US. The lack of awareness in women about breast cancer in developing countries is retraining the market.

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The companies which are contributing to the growth of the global breast cancer diagnostics and therapeutics market include GlaxoSmithKline PLC, Halozyme, Inc, Hologic Inc., Johnson & Johnson Services Inc., Merck & Co., Inc., Mylan NV, Novartis International AG, Pfizer Inc., F. Hoffmann-La Roche AG, and others.

Global breast cancer diagnosis and therapeutics market are segmented on the basis of cancer type, diagnostics, and therapeutics. In cancer type segment market is further classified into ductal carcinoma in-situ (DCIS), invasive ductal carcinoma (IDC), triple negative breast cancer (TNBC), inflammatory breast cancer and others. In diagnostics technology, the segment market is further classified into mammography, biopsy, position emission tomography/Computed tomography, ultrasound, and others.

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The therapeutics technology segment market is further segregated into chemotherapy, hormone therapy, targeted therapy, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, and technological advancements to stay competitive in the market.

Market Segmentation

Breast Cancer Diagnostics and Therapeutics Market by Cancer Type

o Ductal Carcinoma In-Situ (DCIS)
o Invasive Ductal Carcinoma (IDC)
o Triple Negative Breast Cancer (TNBC)
o Inflammatory Breast Cancer
o Others (Invasive lobular carcinoma)

Breast Cancer Diagnostics and Therapeutics Market by Diagnostics

o Mammography
o Biopsy
o PET/CET
o Ultrasound
o Others (MRI)

Breast Cancer Diagnostics and Therapeutics Market by Therapeutics

o Chemotherapy
o Hormone Therapy
o Targeted Therapy
o Others (Radiation Therapy, Surgery)

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