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Neuroendocrine Carcinoma Market Poised for Steady Growth in the Future

04-20-2017 12:12 PM CET | Health & Medicine

Press release from: Future Market Insights

Neuroendocrine Carcinoma Market Poised for Steady Growth in

Neuroendocrine tumors (NETs) are malignant tumors that originate in endocrine cells and targets digestive tract that misbalances hormonal release. Neuroendocrine tumors are three types which include Pheochromocytoma, Merkel cell cancer, and neuroendocrine carcinoma. Neuroendocrine cells also present in the neuroendocrine system that includes pituitary gland, pineal gland, thyroid gland, parathyroid and adrenal glands. Physiological changes in the neuroendocrine cells may cause formation of two types of tumors–functional and nonfunctional tumors. Functional tumors develop another endocrine cells and nonfunctional tumors may cause physiological changes and based on the cause it treated. Neuroendocrine carcinoma are classified in two categories namely carcinoids and pancreatic endocrine tumors.

Carcinoid tumors, originating in the neuroendocrine system, usually appear in the digestive system i.e. in stomach and appendix. Besides, some carcinoid tumors develop in other organs such as lungs, thymus and ovaries. Due to their gradual growth, the symptoms of neuroendocrine carcinoma are not visible at early stages and are discovered only during undergoing an unrelated surgery. Tumors originating in the pancreas are named depending on the type of hormone released. For example, a tumor called gastrinoma is a tumor that release gastrin which results in excessive secretion of gastric acid.

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Surgery is the first line therapy for removing affected neuroendocrine cells, thereafter, medication is used for treating neuroendocrine carcinoma. Sunitinib and Afinitor drugs are commonly used drugs for treatment of neuroendocrine carcinoma treatment.

Immune system suppression and exposure to arsenic are the major risk factors for neuroendocrine carcinoma.

Neuroendocrine Carcinoma Market: Drivers and Restraints

Significant increase in funding for treatment of cancer by various international organizations such as American Cancer Academy and world Health Organization is expected to boost overall neuroendocrine carcinoma treatment market. Furthermore, significant increase in healthcare spending along with high prevalence rate of neuroendocrine carcinoma in developing region is expected to boost overall neuroendocrine carcinoma market. Though market is expected to witness healthy growth, lack of skilled healthcare professional and lower adoption of advanced treatment technologies in the developing economies are key restrains for neuroendocrine carcinoma market.

Neuroendocrine Carcinoma Market: Segmentation

Neuroendocrine Carcinoma market further segmented into followingtype.

By Treatment

Surgery

Medication

Anti-metabolite

Platinum derivatives

Topoisomerase inhibitor

Anthracycline antibiotic

By End User

Hospital

Clinics

Drug store

Pharmacies

Neuroendocrine Carcinoma Market: Overview

Neuroendocrine tumors (NETs) are malignant tumors that originate in endocrine cells and targets digestive tract that misbalances hormonal release. The market is expected to witness healthy CAGR during the forecast period.

Neuroendocrine Carcinoma Market: Region- wise Outlook

The global Neuroendocrine Carcinoma Market is expected to register a impressive CAGR over the forecast period. Depending on geographic regions, global neuroendocrine carcinoma market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa

North America dominates the global neuroendocrine carcinoma market owing to presence of modern healthcare amenities along with significant healthcare expenditure in these regions. Europe occupies second place in this market with its new regulations in the major economies. Asia also shows a healthy growth rate in this market.

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Neuroendocrine Carcinoma Market: Key Players

Some of the key players in this market include

Novartis AG

F. Hoffman La Roche

Callisto Pharmaceuticals

Eli Lilly & Company

Ipsen,

Molecular Insight Pharmaceuticals

Amgen Inc.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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