Thymus cancer market expected to show steady growth till 2024

Thymic carcinoma is an uncommon but highly aggressive form of cancer which stems from the thymic epithelial cells and has a very poor prognosis rate. It was first detected in 1977. Unlike other cancer forms, thymic carcinoma is mostly detected at an advanced stage because patients often exhibit symptoms that are not generally linked to this type of cancer.
The rate of occurrence of this particular tumor is 1.5 cases from a million cases each year in the United States which makes this a rare type of cancer and this adds up to about 1% of the total cancers worldwide.
In addition to this, there are no well-known tumor marker for thymus cancer screening. Since most tumors related to thymus cancer are discovered at an advanced stage, there is an urgent need to develop screening methods that can detect this cancer form at its earlier stages so as to enable effective treatment of the same.

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The overall 5-year survival rate for patients with thymus cancer is only 30–50%. Complete removal of the tumor is the primary treatment course which has exhibited the best survival rate for patients. But even after complete removal of the thymus which can be done in only 50% it still leads to return of the tumor in about 40 % of the cases. The administration of post-operative radiotherapy and chemotherapy are generally avoided. No particular inherited, environmental, or lifestyle risk factors have been found to be directly linked to thymus cancer. Some studies have indicated that exposure to radiation to the upper chest area can be a possible cause factor, but this has not been confirmed. The only other known risk factors are age and ethnicity. It has mostly been detected in adults in the age range between 30 and 60 years rather than children and is found to occur more in Asians and African American individuals.
Key Players for Thymus Cancer Market
Some of the key players in this market are:
Amgen Inc, Astellas Pharma Inc, Astrazeneca, Bristol-Myers Squibb, Celgene Corporation, Cellceutix Corporation, Eli Lilly and company, Johnson & Johnson services Inc, Merck & Co. Inc., Novartis AG, Onxeo SA, Pfizer Inc, Sumitomo Dainippon Pharma Co. Ltd., Taiwan Liposome Company Ltd., Takeda pharmaceutical company, Tiziana Life Sciences Plc. amongst others.
Thymus Cancer Market – Competitive Analysis
With the gradual entry of industry players in the market for the thymus cancer segment has led to a trend of solid, volume-driven growth as new products and treatment procedures are being introduced into the market. With marketers aiming to capture the market segment as early as possible are competing and experimenting with various advantage points. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies.

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Thymus Cancer Market – Segments
Global thymus cancer market has been segmented into various categories, the categories being as follows:
On The Basis Of Types Such As: Type A, Type AB, Type B1, Type B2, Type B3 and Thymic Carcinoma (Type C).
On The Basis Of Treatment: Surgery, Radiotherapy, Chemotherapy and others.
On The Basis Of Care Centers: Hospitals, Clinics, Diagnostic Centers, Research Laboratories and others.
Regional Analysis of Thymus Cancer Market:
Globally North America is the largest market for thymus cancer. The North American market for thymus cancer is expected to grow at a steady CAGR and is expected to show positive returns by the end of the forecasted period. Europe is the second-largest market for thymus cancer which is expected to show a similar CAGR % as North America. Asia pacific region is expected to be growing in thymus cancer market.

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The report for Global thymus cancer market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions

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