Synovial Sarcoma Treatment Market to Witness Notable Growth by 2028, Covid-19 Analysis | Pfizer, Inc., Eli Lilly and Company, Genentech USA, F. Hoffmann-La Roche Ltd

Market Overview:

Synovial sarcoma is a cancer that can come from different types of soft tissue, such as muscle or ligaments. A substantial proportion of patients suffering from the cancer have an average symptomatic period of 2 to 4 years. In the early stages of the condition, it may cause no noticeable signs or symptoms. The primary treatment for synovial sarcoma is surgery to remove the entire tumor with clear margins when possible.

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Competitive Landscape:

Major players operating in the global synovial sarcoma treatment market include Bristol-Myers Squibb, Celgene Corporation, Eli Lilly and Company, F. Hoffmann-La Roche Ltd., Genentech USA, GlaxoSmithKline, Johnson & Johnson, Pfizer, Inc., and Teva Pharmaceuticals.
Key Market Drivers:

R&D of new therapies is expected to propel growth of the global synovial sarcoma treatment market over the forecast period. For instance, in October 2021, Moleculin Biotech, Inc. reported interim results from its U.S. Phase 1b/2 clinical trial that assessed the efficacy of Annamycin for the treatment of soft tissue sarcoma (STS) lung metastases.

Moreover, significant prevalence of synovial sarcoma is also expected to propel growth of the global synovial sarcoma treatment market over the forecast period. For instance, age-adjusted incidence is 0.81/1,000,000 in children and 1.42/1,000,000 in adults with approximately 1000 patients diagnosed with synovial sarcoma in the U.S each year.

Covid-19 Impact Analysis

Globally, as of 5:14pm CET, 4 November 2021, there have been 247,968,227 confirmed cases of COVID-19, including 5,020,204 deaths, reported to WHO. As of 5 November 2021, a total of 7,027,377,238 vaccine doses have been administered. By the end of 2019, cancer research was at one of its highest productivity and efficiency peaks with a tsunami of targeted therapies and approved immunotherapies in different malignancies. However, post Covid-19, several studies have concluded that cancer referrals and clinical pathways have been substantially disrupted.

Key Takeaways

Major players operating in the global synovial sarcoma treatment market are focused on R&D of new therapies to expand their product portfolio. For instance, in August 2021, Foghorn Therapeutics Inc. announced that the first patient has been dosed in a first-in-human clinical trial of FHD-609, which is being developed as a treatment for synovial sarcoma.

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Synovial Sarcoma Treatment Market research provides answers to the following key questions:

• What is the expected growth rate of the Synovial Sarcoma Treatment Market?

• What will be the Synovial Sarcoma Treatment Market size for the forecast period, 2021–2028?

• What are the main driving forces responsible for changing the Synovial Sarcoma Treatment Market trajectory?

• Who are the big suppliers that dominate the Synovial Sarcoma Treatment Market across different regions? Which are their wins to stay ahead in the competition?

• What are the Synovial Sarcoma Treatment Market trends business owners can rely upon in the coming years?

• What are the threats and challenges expected to restrict the progress of the Synovial Sarcoma Treatment Market across different countries?

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