US Breast Cancer Therapeutics Market Trends, Growth, Analysis, Demand and Forecast 2019-2025

US breast cancer therapeutics market is estimated to grow significantly at a CAGR of around 9.3% during the forecast period. The factors that enabling the growth of the market includes the prevalence of breast cancer and the initiative by the government and private organization. Breast cancer is the most commonly diagnosed cancer type in the US. According to the American Cancer society it is estimated that about 30% of newly diagnosed cancers in women is breast cancer in 2017. About 266,120 new cases of invasive breast cancer and about 63,960 cases of non-invasive breast cancer estimated in 2018 by the American Cancer Society. About 40,920 women were died in the US by the breast cancer in 2018 that further encourages the demand of treatment solution in therefore contribute in the market.

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The companies which are contributing to the growth of the US breast cancer therapeutics market include AbbVie Inc., Amgen Inc., Astellas Pharma Inc., Bristol-Myers Squibb Co., Eli Lilly and Co., Johnson & Johnson Services Inc., Merck & Co., Inc., and others.

US breast cancer therapeutics market are segmented on the basis of therapy. The Therapy segment is further classified into chemotherapy, hormone therapy, targeted therapy, radiation therapy and others (surgery). Among all therapies, chemotherapy market held the largest market share in the US breast cancer therapeutics market. Chemotherapy is most used when cancer in the lymph nodes and irrespective of tumor size or menopausal status. Along with that it is used for the treatment of breast cancer in premenopausal women and referred for those women who diagnosed with early stage breast cancer for hormone receptor negative and HER2 positive cancer. The types of chemotherapy include adjuvant chemotherapy and neoadjuvant chemotherapy. The adjuvant chemotherapy is used to destroy cancer cells that have been spread and not seen by the imaging tests.

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This method helps in reducing the cancer cells that form a new tumor in the other place of the body. Adjuvant chemotherapy reduces the risk of breast cancer coming back. Neoadjuvant chemotherapy can be used to reduce the size of the tumor, so it can be removed with less widespread surgery. 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 Therapeutics Market by Therapy

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

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