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Emerging Markets to Provide Lucrative Opportunities in Skin Cancer Treatment Market

03-03-2023 09:00 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Emerging Markets to Provide Lucrative Opportunities in Skin

Skin cancer treatment options depend on the type of skin cancer, its size, location, and how far it has spread. The three main types of skin cancer are basal cell carcinoma, squamous cell carcinoma, and melanoma.

Here are some common treatment options for skin cancer:
1. Surgery: This is the most common treatment for skin cancer. Depending on the type, size, and location of the cancer, the surgeon may remove the cancerous lesion and some surrounding healthy tissue.
2. Radiation therapy: This treatment uses high-energy radiation to destroy cancer cells. It's often used for skin cancers that are hard to remove surgically.

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CAGR: 7.3%
• Current Market Size: USD 7.2 Billion
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2021- 2031
• Base Year: 2021

The market is segmented based on type of cancer, treatment type, and region. Based on cancer type, the market is divided into basal cell carcinoma, squamous cell carcinoma, and melanoma. Based on treatment type, the market is segmented into chemotherapy, immunotherapy, targeted therapy, radiation therapy, and surgery. Surgery is expected to hold the largest market share, followed by radiation therapy and chemotherapy.

North America dominates the market due to the high prevalence of skin cancer in the region and increasing awareness about early detection and treatment. However, the Asia-Pacific region is expected to witness significant growth due to increasing government initiatives to raise awareness about skin cancer and increasing investments in healthcare infrastructure.

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Covid-19 Scenario:

Non-urgent cancer treatments were postponed due to possibility of cross-contamination among cancer patients in the hospitals. Also, hospital staff was shifted to take care of increase in number of patients infected with coronavirus. This, in turn, reduced the number of staff members to take care of cancer patients.

According to the paper published by the name "The impact of Covid-19 pandemic on quality of life in skin cancer patients," non-melanoma cancer patients were at a higher risk of infection by the Covid-19 disease and needed special and rapid treatment. This, in turn, raised the need for diagnosis and demand for cutting-edge and innovative medicines to effectively treat patients.

Key players in the market include
Amgen Inc.,
Bristol-Myers Squibb,
F. Hoffmann-La Roche,
Glaxosmithkline plc,
LEO Pharma,
Merck KGaA, Novartis AG,
Pfizer Inc.,
Regeneron Pharmaceuticals, Inc.,
and Sun Pharmaceutical Industries Ltd.

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Know More- https://www.alliedmarketresearch.com/skin-cancer-treatment-market-A17526

Related Reports-

Europe Kidney Cancer Drugs Market - https://www.alliedmarketresearch.com/europe-kidney-cancer-drugs-market

Japan Generic Drugs Market - https://www.alliedmarketresearch.com/japan-generic-drugs-market

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Web: https://www.alliedmarketresearch.com

Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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