Existing and Future Insights in Growth of Global Skin Cancer Treatment Market, Key Players: Merck & Co., Amgen, Novartis AG, Bristol-Myers Squibb Company, F.Hoffmann-La Roche Ltd

There are three main types of skin cancer, such as melanoma, squamous cell carcinoma, and basal cell carcinoma. Skin cancer treatment varies and may include surgery, chemotherapy, or radiation therapy. However, treatment depends on the type of skin cancer and the stage of cancer. Surgery is the most common type of skin cancer treatment.

Keyword Market Forecast: There are five chapters in this section, which provide forecast numbers according to different factors and types of market segments. It includes consumption forecasts by application, price, income and production forecasts by type, consumption and production forecasts by region, and income and production forecasts for the Keyword market.

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Market segmentation by Type analysis covers

Basal Cell Carcinoma, Squamous-Cell Carcinoma, Melanoma

Market segmentation by Application analysis covers

Hospital And Clinics, Diagnostic Centres

Drivers:

Increasing rates of skin cancer are expected to drive the growth of the global skin cancer treatment market. For instance, it is estimated that 196,060 new cases of melanoma, 95,710 non-invasive (in situ) and 100,350 invasives, will be diagnosed in the U.S. in 2020 according to the American Academy of Dermatology.

Moreover, the increasing rate of global warming, which has led to increased exposure to UV rays causing skin cancer, is expected to propel the market growth. For instance, experiencing five or more blistering sunburns between ages 15 and 20 increases one’s melanoma risk by 80% and non-melanoma skin cancer risk by 68%, according to the American Academy of Dermatology.

Restraints:

Side effects caused due to chemotherapy are expected to hamper the growth of the global skin cancer treatment market.

Regional Insights:

North America and Europe expected to witness robust growth in the market due to the increasing prevalence of skin cancer as light-colored skin is a risk factor for skin cancer, and it is most common in these regions. For instance, 1 in 5 Americans will develop skin cancer by the age of 70. More than 2 people die of skin cancer in the U.S. every hour, according to skincancer.org.

The Asia Pacific is also expected to witness substantial growth in the market due to increasing demand for skin cancer treatment and increasing approvals of drugs in the region.

Competitive section:

Key players operating in the global skin cancer treatment market are Merck & Co., Amgen, Novartis AG, Bristol-Myers Squibb Company, F.Hoffmann-La Roche Ltd, GlaxoSmithKline Plc., Clinigen Group Plc., Pembrolizumab, Sun Pharmaceutical Industries Ltd., Pfizer Inc., and Regeneron Pharmaceuticals, Inc.

Key Developments:

In February 2019, Pembrolizumab received approval from the United States Food and Drug Administration (FDA) for the treatment of Merkel Cell Carcinoma.

In February 2019, Clinigen Group acquired the U.S. rights of Proleukin drug from its innovator company Novartis AG.

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Keyword Market- TOC:

There may be 13 to 16 sections in the report, each section contains unique information and data related to the Keyword market. In addition to a detailed and accurate analysis of the Keyword market, the report also includes a disclaimer for buyers, a list of authors, and information on the methods and data sources used.

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