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Head And Neck Cancer Therapeutics Global Market Size, Share, Growth And Industry Forecast 2023-2032
Head And Neck Cancer Therapeutics Market Report
The Business Research Company's Head And Neck Cancer Therapeutics Global Market Report 2023 identifies the increasing prevalence of head and neck cancer as the major driver for the head and neck cancer therapeutics market's growth in the forecast period. Head and neck cancer refers to a disease in which cells start growing uncontrollably in the tissues of the head and neck region. Increasing cases increase the need for better diagnosis and treatment to help treat mutations and cancer cell abnormalities.
The global head and neck cancer therapeutics market is expected to grow from $1.38 billion in 2022 to $1.55 billion in 2023 at a compound annual growth rate (CAGR) of 11.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The head and neck cancer therapeutics market is expected to reach $2.32 billion in 2027 at a CAGR of 10.7%.
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Major competitors in the head and neck cancer therapeutics market are Pfizer Inc., F Hoffmann-La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Bayer AG, Novartis AG.
A key trend in the head and neck cancer therapeutics market includes The development of novel therapeutics. Major companies in the head and neck cancer therapeutics market focus on developing novel therapies and treatments for head and neck cancer to sustain their position in the market. For instance, in February 2020, Debiopharm, a Switzerland-based pharmaceutical manufacturing company, received regulatory approval and breakthrough therapy designation for its novel therapeutic Debio 1143 from the US Food and Drug Administration, a US-based health regulatory agency. The novel therapeutic is a first-in-class oral inhibitor of apoptosis proteins (IAP) antagonist for treating previously untreated, unresectable, locally advanced squamous cell carcinoma of the head and neck (LA-SCCHN). It can be used as a combination therapy and other treatments, producing promising Phase II results.
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The head and neck cancer therapeutics market is segmented -
•By Type: Programmed Cell Death (PD) Inhibitors, Microtubule Inhibitors, Epidermal Growth Factor Receptor (EGFR) Inhibitors
•By Route Of Administration: Injectable, Oral
•By Distribution Channel: Retail And Specialty Pharmacies, Hospital Pharmacies, Online Pharmacies
•By Application: Surgery, Radiation Therapy, Chemotherapy, Immunotherapy, Other Applications
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the head and neck cancer therapeutics market.
The Business Research Company's "Global Head And Neck Cancer Therapeutics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Head And Neck Cancer Therapeutics Market Include:
1. Executive Summary
2. Head And Neck Cancer Therapeutics Market Characteristics
3. Head And Neck Cancer Therapeutics Market Trends And Strategies
4. Head And Neck Cancer Therapeutics Market - Macro Economic Scenario
5. Global Head And Neck Cancer Therapeutics Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global Head And Neck Cancer Therapeutics Market Competitive Benchmarking
33. Global Head And Neck Cancer Therapeutics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Head And Neck Cancer Therapeutics Market
35. Head And Neck Cancer Therapeutics Market Future Outlook and Potential Analysis
36. Appendix
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