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How Global Gynecological Cancer Drugs Industry Landscape Has Evolved: Merck, Roche Holdings, AstraZeneca, Eli Lilly, Sanofi, Bristol-Myers Squibb, Johnson & Johnson, Pfizer,
This report is a comprehensive research on the Gynecological Cancer Drugs market. It is designed to analyze and forecast the size of the Gynecological Cancer Drugs market across a variety of industries, includes short-term and long-term trends that affect market conditions. In addition, the report provides market momentum, constraints, and potential opportunities.Research studies use the analysis of the different types of information contained in the survey to analyze Gynecological Cancer Drugs at the global, regional, and national levels. The main strategies seen by Gynecological Cancer Drugs companies in recent years are diversification, application expansion, and investment in new markets.
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Gynecological cancer is a type of cancer that occurs within the uterus or in other reproductive organs of a woman. It can affect any area of the body, however, it is more commonly found in the reproductive system. There are six types of gynecological cancers including uterine, cervical, ovarian, vulvar, placental, and vaginal cancer. The global gynecological cancer drug industry is expected to grow at a high rate due to the increasing prevalence of gynecological cancers.
The increasing prevalence of gynecological cancers and the availability of advanced cancer screening methods are the major factors driving the growth of the global gynecological cancer drugs industry. For instance, according to the World Health Organization (WHO), around 570,000 new cases were diagnosed with cervical cancer and about 311,000 died from cancer in the year 2018. Moreover, increasing government investments and improving healthcare infrastructure are also propelling the industry growth.
High costs associated with drug development, the need for large investments, and possible side-effects of drugs are the major factors restraining the growth of the global gynecological cancer drug industry.
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North America dominates the global gynecological cancer drugs industry due to the growing prevalence of gynecological cancer and improves healthcare infrastructure in the region. For instance, in 2018, about 110,070 new cases of gynecological cancer were diagnosed and about 32,120 deaths were reported due to cancer, according to the American Cancer Society. Moreover, growing governmental investment and funding for drug development is also propelling the industry growth in the region.
Key players of the global gynecological cancer drugs industry are Merck, Roche Holdings, AstraZeneca, Eli Lilly, Sanofi, Bristol-Myers Squibb, Johnson & Johnson, Pfizer, Takeda Pharmaceuticals, GlaxoSmithKline, Novartis, Teva Pharmaceutical, and Apotex.
• In April 2020, GlaxoSmithKline’s ovarian cancer drug, Zejula, was approved by the Food and Drug Administration (FDA) for extended use.
• In November 2020, AstraZeneca and Merck’s Lynparza was approved by the European Commission for the treatment of ovarian cancer.
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