Australian Pancreatic Cancer Market Size and Share 2023 | Upcoming Trends, Development Status and in-Depth Analysis Research Report by 2028

Report Overview

The Australian Pancreatic 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.

Pancreatic cancer was the 8th most diagnosed cancer in Australia in 2016. It is estimated that it will remain the 8th most diagnosed cancer in 2020. Pancreatic cancer happens when uncontrolled cell growth begins in a part of the pancreas. Tumors develop, and these interfere with the way the pancreas works. pancreatic cancer therapeutics and diagnostics involve procedures for the successful diagnosis and treatment of pancreatic cancer. Moreover, the rising number of patients results in advancements in molecular biology and chemical drug formulation. Thus, a huge pool of patients who have pancreatic cancer is expected to increase the growth of the pancreatic cancer therapy market over the forecast years.

Market Drivers

The market studied is majorly driven by the factors such as the increasing prevalence of pancreatic cancer, increasing demand for diagnostic tests and treatment of this disease. As a result, many governments and non-profit organizations have taken initiatives to spread awareness regarding pancreatic cancer. Moreover, technological advancements have in diagnostics and treatment have led to solutions that more efficient. These are the major factors that have propelled the market growth.

The last decade has seen major advances in DNA sequencing technologies, with tumor gene sequencing now being recommended in expert guidelines as a standard for all patients with metastatic disease. Olaparib, a targeted drug, was approved in late 2019, for certain patients with germline BRCA-mutated pancreatic cancer.

Epidemiology

Pancreatic cancer was the 8th most diagnosed cancer in Australia in 2016. It is estimated that it will remain the 8th most diagnosed cancer in 2020. In 2016, there were 3,378 new cases of pancreatic cancer diagnosed in Australia (1,745 males and 1,633 females). In 2020, it is estimated that 3,933 new cases of pancreatic cancer will be diagnosed in Australia (2,015 males and 1,918 females).

In 2018, there were 3,077 deaths from pancreatic cancer in Australia (1,596 males and 1,481 females). In 2020, it is estimated that there will be 3,300 deaths (1,716 males and 1,584 females).

In 20122016, individuals diagnosed with pancreatic cancer had an 11% chance (11% for males and 11% for females) of surviving for five years compared to their counterparts in the general Australian population. Between 19871991 and 20122016, five-year relative survival for pancreatic cancer improved from 3.2% to 11%.

At the end of 2015, there were 1,955 people living who had been diagnosed with pancreatic cancer that year, 3,886 people living who had been diagnosed with pancreatic cancer in the previous 5 years.

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Major Players

Australia presents rewarding opportunities for the key players operating in the Pancreatic Cancer treatment market, owing to growth in awareness about Pancreatic Cancer treatment and the rise in adoption of Pancreatic 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. Key players profiled in this report include Roche Diagnostics, Astellas Pharma Inc., AstraZeneca plc, Bayer AG, Bristol-Myers Squibb Company, F. Hoffmann-La Roche AG, Ferring Pharmaceuticals Inc., GlaxoSmithKline Plc, Ipsen Pharma, Johnson & Johnson, and Takeda Pharmaceutical Company Ltd.

The Australian Pancreatic 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 Australian Pancreatic Cancer market. This report explores all the key factors affecting the growth of the global Australian Pancreatic Cancer market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Market Segmentation

By Treatment:

The pancreatic Cancer market is classified into Chemotherapy, Targeted therapy, Radiation therapy, and Surgery. Radiation therapy is a cancer treatment that uses high-energy radiation, in the form of waves, such as x-rays, or particles, such as protons, to kill cancer cells or prevent them from growing and dividing. Radiation therapy can prevent pancreatic tumors from growing and sometimes shrinks them. Since radiation therapy is directed to a specific (focused) area, it is considered a local treatment.

By Cancer Type:

Pancreatic Cancer is divided into two major verticals namely exocrine pancreatic cancer and endocrine pancreatic cancer. The exocrine pancreatic cancer segment is expected to grow at the fastest rate during the coming years as this type of cancer is the most common and majorly occurring type and thus is expected to have a massive patient pool over the forecast years.

By Distribution:

Based on the distribution channel, the market is divided into hospital pharmacies, drug stores & retail pharmacies, and online pharmacies. Currently, the hospital pharmacies segment accounted for the majority of the Pancreatic Cancer treatment market share, owing to the strong presence of hospital pharmacies, increase in the number of hospitalized Pancreatic Cancer patients, and convenience offered by hospital pharmacies. Online pharmacies are the fastest-growing segment during the forecast period, owing to a rise in awareness regarding online pharmacies, an increase in the number of internet users, and a surge in preference for the online purchasing of drugs over the traditional methods.

Major Players

Australia presents rewarding opportunities for the key players operating in the Pancreatic Cancer treatment market, owing to growth in awareness about Pancreatic Cancer treatment and the rise in adoption of Pancreatic 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. Key players profiled in this report include Roche Diagnostics, Astellas Pharma Inc., AstraZeneca plc, Bayer AG, Bristol-Myers Squibb Company, F. Hoffmann-La Roche AG, Ferring Pharmaceuticals Inc., 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 Australian Pancreatic 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 Australian Pancreatic Cancer Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Australian Pancreatic Cancer market
Chapter 2: Exclusive Summary - the basic information of the Australian Pancreatic Cancer Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Australian Pancreatic Cancer
Chapter 4: Presenting the Australian Pancreatic 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 Australian Pancreatic 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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