Press release
Gastric Cancer Drugs Market to Reflect Impressive Growth Rate by 2019
According to World Health Organization, approximately 800,000 cancer related deaths are caused by gastric cancer every year and American Cancer Society estimated that in 2013 approximately 21,600 cases of gastric cancer will be diagnosed. This increasing incidences of gastric cancer drives the market of gastric cancer drugs. In addition, introduction of new therapies like Taxotere, Xeloda and Herceptin are also expected to propel the demand for gastric cancer drugs. However, less number of commercially available drugs for the treatment of gastric cancer may hinder the market growth.
Read Report Overview: https://www.transparencymarketresearch.com/gastric-cancer-drugs-market.html
The global Gastric Cancer Drugmarket is categorized based on the following:
By Class of Drugs
Doxorubicin Hydrochloride
Fluorouracil
Trastuzumab
Mitomycin C
Docetaxel
Imatinib
Sunitinib
Geographically, China and Japan dominate the global gastric cancer drug market due to large patient base and rise in treatment seeking population in these regions.Also, with the rise in geriatric population the number of people diagnosed with gastric cancer also increases which ultimately impacts the growth of gastric cancer drugs in these markets. The market of gastric cancer drug in North America and Europeholds a strong growth as the key players are domiciled in these regions. With the rise in uptake of gastric cancer drugs namely is Herceptin, Erbitux and Afitnitor also accentuates the growth of these drugs in the North American and European market.However, the total number of newly diagnosed patients are five times greater in China and Japan than the United States, making Japanese and Chinese market commercially attractive for developers.
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Some of the key players contributing to the global gastric cancer drug market comprises F Hoffmann-La Roche, Genentech, Novartis AG, Merck KGaA, Sanofi-Aventis, Otsuka Pharmaceutical and Eli Lilly and Company.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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