Press release
Ependymoma Treatment Market Share, Growth, Demand and Top Players Novocure, EMulate Therapeutics, Sun Pharmaceutical Industries Ltd, Zydus Cadila, Teva Pharmaceutical Industries Ltd
Ependymoma Treatment Market
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Global Ependymoma Treatment Market By Type (Subependymoma, Myxopapillary Ependymoma, Anaplastic Ependymoma, Ependymoma), Therapy Type (Chemotherapy, Radiation Therapy, Targeted Therapy), Treatment (Medication, Surgery), Drugs (Corticosteroids, Antiseizure Agents and Others), Route of Administration (Oral, Injectable), End- Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies and Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Global Ependymoma Treatment Market is expected to grow at a steady CAGR in the forecast period of 2019-2026. Increase in demand of targeted mode of therapies and high unmet need of treatment are the key factors for growth of this market. It can affect the area of the brain including cerebrum, cerebellum, brain stem and spinal cord.
Key Market Players:
Few of the major competitors currently working in the global ependymoma treatment market are Novocure, EMulate Therapeutics, Sun Pharmaceutical Industries Ltd, Zydus Cadila, Teva Pharmaceutical Industries Ltd, WOCKHARDT, Torrent Pharmaceuticals Ltd, Takeda Pharmaceutical Company Limited, Validus Pharmaceuticals LLC, Novartis AG, LANNETT, Hikma Pharmaceuticals PLC and others.
Market Definition:
Ependymoma is tumor that arises from the ependymal cells that line the ventricles of the brain and the center of the spinal cord. It is characterized by soft, grayish to red tumors which may contain cysts or mineral calcifications.
According to the Healthline Media., an estimated annual incidence of ependymomas in the United States is only about 200 that occur in the adults and children. Presence of refined healthcare infrastructure and high demand of disease specific novel therapies are the key factors that fueling the market growth
Market Drivers
Increase in cases of neurofibromatosis type 2 (NF2) may increase the risk of developing spinal ependymomas is propelling the growth of this market
Huge financial support to the researchers for developing novel intervention is boosting the market growth
High demand of disease specific novel treatment can also act as a market driver
Increase in special designation from the regulatory authorities can also factor that drive the market growth
Market Restraints
Limited operating revenue opportunities for research and development of targeted therapies by many pharmaceuticals is acting as a challenging factor for the growth of this market
Low healthcare budget in some developing countries is hamper the market growth
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Segmentation:
By Type
Subependymoma
Myxopapillary Ependymoma
Anaplastic Ependymoma
Ependymoma
By Therapy Type
Chemotherapy
Radiation Therapy
Targeted Therapy
By Treatment
Medications
Surgery
By Drugs
Corticosteroids
Dexamethasone
Antiseizure Agents
Phenytoin
Levetiracetam
Carbamazepine
Others
By Route of Administration
Oral
Injectable
Topical
By End Users
Hospitals
Homecare
Specialty Clinics
Others
By Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Others
By Geography
North America
US.
Canada
Mexico
South America
Brazil
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
Middle East & Africa
South Africa
Rest of Middle East & Africa
Key Developments in the Market:
In April 2018, EMulate Therapeutics received Humanitarian Use Device (HUD) designation from the FDA for Nativis Voyager Pediatric system, a non-sterile, non-invasive and non-thermal device for the treatment of ependymoma in children. With this designation, company can obtain financial incentives from the government along with exclusive market rights and hence significantly improve the treatment landscape for patients suffering from ependymoma.
Competitive Analysis:
Global Ependymoma Treatment 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 Global Ependymoma Treatment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report
Current and future of Global Ependymoma Treatment 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
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