The Bone Metastasis Therapeutics Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Bone Metastasis Therapeutics Market: Drivers and Challenges
Treatment of bone metastasis is the interdisciplinary field involving pain management, orthopedics, and other medical specialties. Primary factors driving the growth of bone metastasis therapeutics market are the global increase in cancer prevalence and delayed diagnosis of cancer in low-income countries. According to University of Texas Southwestern Medical Center Dallas, over 600,000 of bone metastasis are diagnosed in the U.S. every year. Rapid innovation in the field of personalized medicine and identification of new therapeutic targets for bone metastasis presents a huge opportunity to manufacturers of targeted therapy agents. A large number of treatment methods are still under investigation. However, heterogeneous nature of cancer and high development cost of neoplastic agents are the factors limiting the growth of global bone metastasis therapeutics market.
Increasing investment by multinational companies in cancer research is expected to drive the growth of global bone metastasis therapeutics market during the forecast period. Based on treatment type, the global market for bone metastasis therapeutics has been classified as drug treatment, Tumor ablation therapy, and surgery. Drug treatment segment is foreseen to lead the market owing to easy availability of drugs and better reimbursement policies. Targeted therapeutic agents sub-segment of drug treatment segment is expected grow rapidly due to increasing acceptance of biological therapy owing to lesser side effects.
By end user, the global bone metastasis therapeutics market has been segmented into hospitals, Clinics, cancer rehabilitation center and ambulatory surgical centers. Hospital end user segment is anticipated to contribute the maximum share among end users owing to the requirement of advanced healthcare infrastructure for management of bone metastasis symptoms. According to a study conducted by Amgen Inc., average hospitalization stay of cancer bone metastasis patients is 5.9 to 11.6 days, and almost 59% of the inpatient cost is attributed to skeletal-related events (SREs) such as radiation to the bone, spinal cord compression, pathologic fracture, etc.
Bone Metastasis Therapeutics Market: Regional Overview
By regional presence, bone metastasis therapeutics market is segmented into five key regions viz. North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. North America will continue to dominate the global bone metastasis therapeutics market for due to high prevalence of malignant neoplasm. Europe is expected to hold second largest market share in global bone metastasis therapeutics market.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/11731
Bone Metastasis Therapeutics Market: Key Players
Some of the major players in global bone metastasis therapeutics market include F. Hoffmann-La Roche Ltd., Bayer AG, Merck & Co., Pfizer Inc. Novartis AG, Amgen Inc., Pharmalucence, Inc., Fresenius Kabi AG, Omega Laboratories Ltd., Eli Lilly and Company, and others. The majority of the key players are involved in development of new methods for treatment of cancer bone metastasis in collaboration with cancer research institutes such as M. D. Anderson Cancer Center, Memorial Sloan-Kettering Cancer Center, etc.
Browse Full Report summary and to request sample report and table of content@ http://www.persistencemarketresearch.com/market-research/bone-metastasis-therapeutics-market.asp
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353