Europe Neuroendocrine Tumors Market 2021 COVID-19 Impact Analysis, Key Players, Segmentation, Application And Forecast By 2028
The neuroendocrine tumors market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 10.2% in the forecast period of 2021 to 2028 and is expected to reach USD 1,153.85 million by 2028. Increased incidence of neuroendocrine tumor cases is acting as a driver for the neuroendocrine tumors market.
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According to Data Bridge Market Research, the market for neuroendocrine tumors in North America region has the highest market share followed by Europe and Asia-Pacific. Market leader is F. Hoffmann-La Roche Ltd which accounts an estimated market share of approximately 10% to 15%. The company has gained outstanding sales by providing diagnostics, minimally invasive surgery and branded drugs associated with neuroendocrine tumors to all the countries and rapid product approvals.
In August 2020, F. Hoffmann-La Roche Ltd had announced that the European Commission had granted priority approval for marketing authorization for Rozlytrek for treatment of adult and children aged 12 years suffering from advanced non-small cell lung cancer. The approval received is based on the cumulative analysis of phase II clinical trials, STARTRK-2. The approval received by the company would result in rise in research collaborations, timely treatment of the individuals and rise in revenue. It would exhibit a positive growth in the market.
Key Market Competitors Covered in the Report:
F. Hoffmann-La Roche Ltd
Bristol-Myers Squibb Company
Thermo Fisher Scientific Inc.
Regeneron Pharmaceuticals, Inc.
Sun Pharmaceutical Industries Ltd.
Teva Pharmaceutical Industries Ltd.
Eli Lilly and Company
Exact Sciences Corporation
Advanced Accelerator Applications (a subsidiary of Novartis AG)
Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., Inc.
Hutchison China MediTech Limited
The neuroendocrine tumors market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the neuroendocrine tumors market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Neuroendocrine Tumors Market
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Neuroendocrine Tumors Market Scope And Market Size
The neuroendocrine tumors market is segmented on the basis of the classification, site, grade, type, route of administration, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of classification, the neuroendocrine tumors market is segmented into functional net and non-functional net. In 2021 the non-functional net segment is dominating the neuroendocrine tumors market due to ease of identification and diagnosis and use of novel diagnostic method to remove the non-functional net.
On the basis of site, the neuroendocrine tumors market is segmented into lung, pancreas and gastrointestinal tract (GI). In 2021 the gastrointestinal tract (GI) segment is dominating the neuroendocrine tumors market due to the increased prevalence of gastric cancer and presence of strong product pipeline are predicted to dominate the market.
On the basis of grade, the neuroendocrine tumors market is segmented into grade 1 (low-grade tumor), grade 2 (intermediate-grade tumor) and grade 3 (high-grade tumor). In 2021, the grade 2 (intermediate-grade tumor) segment is dominating the neuroendocrine tumors market since it can be easily cured by therapeutic treatments and rise in grade 2 (intermediate-grade tumor) cases are predicted to dominate the market.
On the basis of type, the neuroendocrine tumors market is segmented into diagnosis and treatment. In 2021, the diagnosis segment is expected to dominate the neuroendocrine tumors market due to the increased incidence of pancreatic cancer tumor and increased adoption of automated point-of-care diagnosis in the market.
On the basis of route of administration, the neuroendocrine tumors market is segmented into oral and parenteral. In 2021, oral segment is expected to dominate the neuroendocrine tumors market due to availability of medication in oral form, greater patients’ compliance and ease of absorption.
On the basis of end user, the neuroendocrine tumors market is segmented into hospitals, specialty clinics, radiation centers, home healthcare and others. In 2021, hospitals segment is expected to dominate the neuroendocrine tumors market due to the availability of diagnostics machines to detect neuroendocrine tumor with the availability of healthcare policies.
On the basis of distribution channel, the neuroendocrine tumors market is segmented into direct tender, hospital pharmacy, retail pharmacy, online pharmacy and others. In 2021, direct tender segment is expected to dominate the neuroendocrine tumors market due to rise of suppliers in the market.
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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– Market Size and Forecast by Revenue | 2021−2028
– Market Dynamics – Leading patterns, development drivers, limitations, and venture openings
– Market Segmentation – An itemized examination by item, by types, end-client, applications, fragments, and geology
– Competitive Landscape – Top key sellers and other conspicuous vendorsInquire
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