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Gestational Trophoblastic Disease Market Depth Analysis, Key Players, Growth And Forecast 2033
Gestational Trophoblastic Disease Market Analysis
Gestational Trophoblastic Disease Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $2.49 billion In 2028 At A CAGR Of 4.8% :
The gestational trophoblastic disease market size has grown strongly in recent years. It will grow from $1.96 billion in 2023 to $2.06 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to public health initiatives, improved understanding of disease pathology, medical research and clinical trials, development of targeted therapies, shift in treatment protocols.
The gestational trophoblastic disease market size is expected to see steady growth in the next few years. It will grow to $2.49 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to healthcare infrastructure development, enhanced telemedicine and remote care, patient-centric care approaches, regulatory approvals for novel treatments, genomic and molecular studies. Major trends in the forecast period include shift towards personalized medicine, advancements in molecular diagnostics, focus on immunotherapies and targeted therapies, integration of digital health technologies, rising awareness and education programs.
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Key Driver - Rising Incidence Of Abnormal Pregnancies Fuels Growth In The Gestational Trophoblastic Disease Market
The growth in abnormal pregnancies is expected to propel the growth of the gestational trophoblastic disease market going forward. Abnormal pregnancies refer to pregnancies that deviate from the typical or expected course and may pose risks to the health of the mother, the fetus, or both. In abnormal pregnancies, such as molar pregnancies, the trophoblast develops into a tumor instead of a fetus, resulting in gestational trophoblastic disease. For instance, in September 2023, according to Gov.UK, a UK-based public sector information website, the total reported abortions in Great Britain increased by 1.73% from 224,819 in 2020 to 228,711 in 2021 and around 25% for all pregnancies ended in abortion in Great Britain in 2021. Further, the total reported abortions in England and Wales increased by 1.9% from 210,860 in 2020 to 214,869 in 2021. Therefore, the growth in abnormal pregnancies is driving the gestational trophoblastic disease market.
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Prominent Trend - Innovative Guidelines Enhance Care In The Gestational Trophoblastic Disease Market
Major companies operating in the gestational trophoblastic disease market are introducing guidelines to provide reliable services to customers. The launch of the updated guideline ensures a comprehensive review of current diagnostic and management strategies for patients with GTD. It provides doctors and nurses with the necessary information to achieve excellence in the care of these patients. For instance, in May 2022, the Health Service Executive (HSE) National Cancer Control Programme (NCCP), an Ireland-based provider of public health and social care services, launched the updated gestational trophoblastic disease (GTD) guideline at the European organization for the treatment of trophoblastic disease. This guideline integrates the best current research evidence with clinical expertise and patient values. It aims to reduce variation in practice and improve the quality of care delivered to patients.
Gestational Trophoblastic Disease Market Players
Major companies operating in the gestational trophoblastic disease market report are Pfizer Inc., F. Hoffmann-La Roche AG, AbbVie Inc., Bayer AG, Novartis AG, Merck And Co. Inc., Sun Pharmaceutical Industries Ltd., GSK plc, Bristol-Myers Squibb Company, Sanofi S.A., AstraZeneca plc, Eli Lilly and Company, Mylan N.V, Daiichi Sankyo Co. Ltd., Eisai Co. Ltd., Perrigo Company plc, Jiangsu Hengrui Medicine Co. Ltd., Exelixis Inc., Wockhardt Ltd., Natco Pharma Ltd., Blueprint Medicines Corporation, Array BioPharma Inc., Deciphera Pharmaceuticals Inc., Ono Pharmaceutical Co. Ltd., Boston Biomedical Inc., DNAtrix Inc., Arog Pharmaceuticals Inc., Advenchen Laboratories LLC., Mendus AB, AB Science S.A.
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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the gestational trophoblastic disease market in 2022, and is expected to be the fastest-growing region in the forecast period. The regions covered in the gestational trophoblastic disease market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Gestational Trophoblastic Disease Market Report Structure
3. Gestational Trophoblastic Disease Market Trends And Strategies
4. Gestational Trophoblastic Disease Market - Macro Economic Scenario
5. Gestational Trophoblastic Disease Market Size And Growth
…..
27. Gestational Trophoblastic Disease Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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