Subtitle: The Metastatic Colorectal Cancer Treatment 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.
Metastatic Colorectal Cancer Treatment Market: Drivers and Challenges
Treatment of metastatic colorectal cancer is multidisciplinary field involving early evaluation for resection of hepatic metastasis, metastasectomy and coordinated chemotherapy or radiation therapy. Primary factors driving growth of metastatic colorectal cancer treatment market are increasing prevalence of colorectal cancer across the globe, rapid innovation in personalized medicine and discovery of new targets for treatment of colorectal cancers. According to Cancer Research U.K., incidence of colorectal cancer has increase by 3% during 2010 to 2013. Many treatment methods involving combination chemotherapies for metastatic and refractory colorectal cancer are in investigational phase. However, heterogeneous nature of cancer and high development cost of neoplastic agents are the factors limiting the growth of global metastatic colorectal cancer treatment market.
Advancement in second line therapy for unresectable metastatic colorectal cancer such as FDA approval for use of Bevacizumab (2004) and Cetuximab (2013) is expected to fuel the global metastatic colorectal cancer treatment market over the forecast period. In September 2015, FDA approved the use of LONSURF (trifluridine/tipiracil) for treatment of treatment of patients with metastatic colorectal cancer who have been previously treated with chemotherapy.
By treatment type, the global market for metastatic colorectal cancer treatment has been classified into surgery and chemotherapy. Being a first line therapy, chemotherapy treatment type segment is expected to hold maximum share in global metastatic colorectal cancer treatment market.
Based on disease indication, the global market for metastatic colorectal cancer treatment has been segmented into resectable, non-resectable and refractory metastatic colorectal cancer. Resectable metastatic colorectal cancer segment is expected to hold greater share in global market. According to cancer research U.K. 40% of metastatic colorectal cancers are resectable.
Based on end user, the global metastatic colorectal cancer treatment market has been classified as hospitals, and cancer research centers. Hospitals end user segment is expected to hold maximum share in the global market owing to requirement of advanced healthcare infrastructure for the treatment.
Metastatic Colorectal Cancer Treatment Market: Regional Overview
On the basis of regional presence, global metastatic colorectal cancer treatment market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America will continue to dominate the global metastatic colorectal cancer treatment market due to high incidence of the disease. Europe is expected to hold second largest market share in global market.
Metastatic Colorectal Cancer Treatment Market: Key Players
Some of the major players operating in global metastatic colorectal cancer treatment market are Taiho Oncology, Inc., Genentech, Inc., Sanofi, F. Hoffmann-La Roche Ltd., Eli Lilly and Company, and Pfizer Inc. etc. Several companies have novel therapies for metastatic colorectal cancer in their pipeline are Novartis AG, Amgen Inc., EMD Serono Inc., Suzhou Zelgen Biopharmaceuticals Co., Ltd. and many others.
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