Press release
Global Thyroid Cancer Drugs Market 2020 By Growth Analysis : Forecast to 2030 | Top Key Players - Mylan Pharmaceuticals Inc., Alara Pharmaceutical Corporation, Bristol Myers co., Teva parenteral medicines Inc., Jerome Stevens Pharmaceuticals Inc.
The global thyroid cancer drugs market is expected to grow from $0.4 billion in 2019 to $0.4 billion in 2020 at a compound annual growth rate (CAGR) of 1.4%. The low growth is mainly due to the COVID-19 outbreak and the measures to contain it. Hospitals across the world have postponed the chemo treatments for cancer patients due to covid positive cases in the hospitals. The sessions are delayed or postponed to prevent patients and staff from unnecessary exposure. The cancer treatment can lower the patient`s ability to fight infection. COVID-19 pandemic is affecting industries across the globe including the pharmaceutical sector. The disruptions due to extended factory closures in various countries, shortage of APIs and other chemicals, rise in prices of key ingredients, and slowed production are the key factors for this low growth. The market is then expected to grow at a CAGR of 20.6% from 2021 and reach $0.8 billion in 2023.
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The thyroid cancer drugs market consists of sales of drugs that are used to treat thyroid cancer. The thyroid tissue is made up of follicular cells and parafollicular cells in which cancer develops. The types of thyroid cancer include follicular, papillary, medullary, anaplastic and thyroid lymphoma.
Increasing incidences of thyroid cancer, especially in women is driving the thyroid cancer drugs market. According to the American Cancer Society, women are three times more likely to develop thyroid cancer than men. Thyroid cancer is rising at a fast pace and it is estimated that 52,070 new cases of thyroid cancer will be found in the USA in 2019 and an estimated 2,170 deaths will occur because of the disease. The increase in thyroid cancer can be attributed to exposure to radiation, family history of goiter and some hereditary syndromes.
Thyroid Cancer Drugs Market Segmentation: -
By Drug Type
Ipilimumab
Cabozantinib-S-Malate
Caprelsa (Vandetanib)
Doxorubicin Hydrochloride
Lenvatinib Mesylate
Nivolumab
Vandetanib
Others
By End Users
Hospitals
Oncology Clinics
Research Organizations
Others
By Type
Radioiodine Ablation
Thyroid Stimulating Hormone (THS) Suppression
Chemotherapy
Targeted Multikinase Therapy
Others
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Few Points From Table Of Content
1. Executive Summary
2. Thyroid Cancer Drugs Market Characteristics
3. Thyroid Cancer Drugs Market Size And Growth
4. Thyroid Cancer Drugs Market Segmentation
5. Thyroid Cancer Drugs Market Regional And Country Analysis
……
25. Thyroid Cancer Drugs Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Thyroid Cancer Drugs Market
27. Thyroid Cancer Drugs Market Trends And Strategies
28. Thyroid Cancer Drugs Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Thyroid Cancer Drugs Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Thyroid Cancer Drugs Market are Mylan Pharmaceuticals Inc., Alara Pharmaceutical Corporation, Bristol Myers co., Teva parenteral medicines Inc., Jerome Stevens Pharmaceuticals Inc.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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