The EMEA Market for Cancer Biological Therapy is growing steadily and has a bright future. In EMEA the market for Cancer Biological Therapy is expected to grow at growing rate to reach USD 29,776.3 Million in revenues from 2016 to 2021.
EMEA Cancer Biological Therapy Market – Players
There is average amount of major players in the market which have EMEA operations of the Cancer Biological Therapy market, and these players are consistently working for the development of the following technology. The major players in the Cancer Biological Therapy market are
- Amgen Inc.
- Bristol-Myers Squibb
- Celgene Corporation
- Eli Lilly And Company
- Engeneic Ltd
- Hoffmann-La Roche Ag
- Merck & Co., Inc.
- Pfizer Inc.
- Seattle Genetics, Inc.
- Teva Pharmaceutical Industries Ltd
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EMEA Cancer Biological Therapy Market – Insights
The EMEA Cancer Biological Therapy Market has been assessed as rapidly growing market in the near future and it is expected that the market will have high demand in EMEA. The EMEA Cancer Biological Therapy market is expected to witness high growth due to a smaller number of side effects as compared to conventional treatment methods.
Conventional cancer treatment methods like chemotherapy, radiotherapy give effective result, but along with that, these methods also show its counter effects on body. The side effects may include, loss of hair, weekend immune system, and such others depending upon the type and phase of cancer. Biological therapies help to reduce the level of side effects as compared to other treatment methods. Biological therapies are giving the same amount of success rate for curing the cancer patient with 1st stage cancer approximately 27% to 35%, furthermore it is projected that factors such as technological advancements in the field of cancer treatment is further expected to drive the market growth in the coming future.
In April 2018
Teva Pharmaceutical Industries Ltd and Procter & Gamble decided to terminate their strategic partnership to explore the African and Asian market. As per their views, the two companies have different priorities now which is creating a fissure in their applicational interests.
In September 2018
Cancer Genetics, Inc., a leader in manufacturing precision medicine for immuno-oncology and genomic medicine and NovellusDx, Ltd., a leader in functional genomics, decided to sign a merger plan which will boost the therapeutic cancer treatment.
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EMEA Cancer Biological Therapy Market – Key Findings
- The EMEA Cancer Biological Therapy Market and is expected to reach $29,776.3 million by 2021.
- Interferon’s segment holds the largest share in the market.
- Europe holds the largest market share of 77.2% of Cancer Biological Therapy market and is anticipated to reach $23,248.3 million by the end of forecast period.
- Monoclonal Antibodies is expected to be fastest growing segment and are anticipated to grow at the rate of 4% during the forecast period.
EMEA Cancer Biological Therapy Market – Segmentation
The EMEA Cancer Biological Therapy Market can be segmented based on type, and end-users.
Based on types, the cancer biological therapy market can be segmented into monoclonal antibodies, interferons, interleukins, cancer growth inhibitors, gene therapy, colony-stimulating factors, targeted therapy, cancer vaccines, and others.
Based on end-users, the cancer biological therapy market is segmented into hospitals & clinics, cancer research centers, laboratories, and others.
EMEA Cancer Biological Therapy Market – Regional Analysis
Depending on geographic region, Cancer Biological Therapy market is segmented into two key regions: Europe, Middle East & Africa. Europe is the largest Cancer Biological Therapy Market. Germany is the leading market in the European region., Middle East & Africa is the second-largest market in the EMEA Cancer Biological Therapy market which is expected to continue its growth in the coming future.
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