The Global Brain Tumor Therapeutics Market was estimated at USD XX million in 2015 and is expected to reach USD XX million by 2021, growing at a CAGR of X% during the forecast period 2016 to 2022.
Brain tumor, also known as intracranial neoplasm, is the abnormal growth of cells from within the brain; brain tumor can be malignant and benign. The malignant tumors can be classified into primary and secondary. While primary tumors start within the brain, secondary tumors, also called as brain metastasis tumors, are those that spread from other body parts. There are different types of brain tumors that include glioma, meningioma, pituitary adenoma, schwannomas and medulloblastoma. As per the National Cancer Institute estimates, 23,770 new cases of brain tumor were diagnosed in 2016, in the United States itself. The statistics estimate that more than 4,000 children and teens were diagnosed with brain tumor. The National Cancer Institute, USA, states that at least 33.8% such patients survive for five years.
Market Dynamics – Brain Tumor Therapeutics
The key factors driving this market are –
Increasing incidence and prevalence of brain cancer
Innovations in drug delivery (to brain cancer cells)
New product launches
The factors restraining the market are –
Limited availability of drugs that are specific to brain cancer
High cost of treatment
Increasing use of Generics in chemotherapy
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The market has been segmented based on the radiation therapy, chemotherapy, and targeted therapy. Chemotherapy includes drugs such as Carboplatin, Carmustine, Cisplatin, Cyclophosphamide, Etoposide, Irinotecan, Lomustine, Methotrexate, Procarbazine, Temozolomide and Vincristine and targeted therapy includes Avastin.
Geographically, the market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa and South America.
The key players in this market are –
Bristol Myer Squibb
Merck & Co
What the Report Offers
Market definition, along with identification of key drivers and restraints for the market.
Market analysis with region-specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
Identification and analysis of the macro and micro factors that affect the industry on both global and regional scale.
A comprehensive list of key market players, along with the analysis of their current strategic interests and key financial information.
An ideal source material for industry consultants, manufacturers and other interested and allied parties to gain critical insight into the factors driving and restraining the market, in addition to opportunities, offered.
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