Comprehensive Analysis On Canadian Brain Cancer Market 2023 With Future Trend, Market Size, Business Growth, Top Key players, CAGR

Report Overview

The Canadian Brain Cancer market size stood at around USD xx billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

Brain cancers include primary brain tumours, which start in the brain and rarely spread to other parts of the body, and secondary tumours (or metastases), which are caused by cancers that began in another part of the body. There are more than 40 major types of brain tumours, which are grouped into two main types they are benign and malignant.

The mortality rate of brain cancer is more than 80% in Canada, every day in Canada it is estimated that 27 new primary brain tumours will be diagnosed, in 2020, an estimated 3,000 Canadians were diagnosed with brain and spinal cord cancer and 2,500 Canadians died from it. Among these, 1,700 men were diagnosed with brain and spinal cord cancer and 1,400 died from it &1,350 women were diagnosed with brain and spinal cord cancer and 1,050 died from it.

Market Drivers

The market size drivers for the growth of brain cancer diagnostics are expected to propel by technological developments, improvements in diagnostics machines. The rise in the number of cigarette smokers responsible for brain cancer has contributed to the market size. The population above 60 years of age forms the target demographic segment for this vertical, as this population subset is more prone to neurological conditions. The advancement of diagnostics equipment increases the lifespan of this demographic and improves the quality of life for those suffering from neurological conditions. Hence, the presence of a large geriatric population pool is considered a vital driver for this industry.

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Major Players

Canada presents rewarding opportunities for the key players operating in the Brain Cancer market, owing to growth in awareness about Brain Cancer treatment and the rise in adoption of Brain Cancer treatment products. Moreover, improvement in healthcare infrastructure, rise in the number of hospitals equipped with advanced medical facilities, developing R&D sector, rise in healthcare reforms, and technological advancements in the field of healthcare further contribute to the market growth.

Recently, Medexus Pharma reported that health canada approved its product (5-ALA) for Use in Guided Surgical Resection of High-Grade Gliomas. Key players profiled in this report include Roche Diagnostics, AstraZeneca plc, Bayer AG, F. Hoffmann-La Roche AG, GlaxoSmithKline Plc, Ipsen Pharma, Johnson & Johnson, and Takeda Pharmaceutical Company Ltd.

The Canadian Brain Cancer Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Canadian Brain Cancer market. This report explores all the key factors affecting the growth of the global Canadian Brain Cancer market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Market Segmentation

By Therapy Type:

Based on therapy type, the brain cancer market has been segmented into radiation therapy, chemotherapy, targeted therapy, surgery, and immunotherapy. As of 2019, surgery is anticipated to contribute the highest revenue to the brain tumour and therapeutics market. The low awareness levels and limited treatment options leading to aggravation of the disease to grade IV stage are expected to boost the demand for surgeries.

Radiation therapy is anticipated to exhibit significant growth over the forecast period as this therapy kills the cancer cells by using X-rays, gamma rays, or protons and is the second-best choice after surgery.

By Distribution:

Based on the distribution channel, the market is divided into hospital, pharmacies, & retail pharmacies, and online pharmacies. Currently, the hospital pharmacies segment accounted for the majority of the Brain Cancer market share, owing to the strong presence of hospital pharmacies, increase in the number of hospitalized Brain Cancer patients, and convenience offered by hospital pharmacies.

Major Players

Canada presents rewarding opportunities for the key players operating in the Brain Cancer market, owing to growth in awareness about Brain Cancer treatment and the rise in adoption of Brain Cancer treatment products. Moreover, improvement in healthcare infrastructure, rise in the number of hospitals equipped with advanced medical facilities, developing R&D sector, rise in healthcare reforms, and technological advancements in the field of healthcare further contribute to the market growth.

Recently, Medexus Pharma reported that health canada approved its product (5-ALA) for Use in Guided Surgical Resection of High-Grade Gliomas. Key players profiled in this report include Roche Diagnostics, AstraZeneca plc, Bayer AG, F. Hoffmann-La Roche AG, GlaxoSmithKline Plc, Ipsen Pharma, Johnson & Johnson, and Takeda Pharmaceutical Company Ltd.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Canadian Brain Cancer Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global Canadian Brain Cancer Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Canadian Brain Cancer market
Chapter 2: Exclusive Summary - the basic information of the Canadian Brain Cancer Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Canadian Brain Cancer
Chapter 4: Presenting the Canadian Brain Cancer Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Canadian Brain Cancer market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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