The Increasing Number Of Breast Cancer Cases All Over The World Is Anticipated To Boost The Global Breast Cancer, The Global Breast Cancer Market Is Expected To Grow At A CAGR Of 9.2% During Forecasted Period 2019-2023. Research Report, By Types (Invasive Ductal Carcinoma, Invasive Lobular Carcinoma And Other), By Treatment (Chemotherapy, Surgery & Radiation Therapy, Targeted Therapy, Biologic Therapy, Hormone Therapy), End Users (Hospital Pharmacies, Private Pharmacies) – Global Forecast To 2023
Breast cancer is defined as a type of cancer where a lump is formed in the breast, and red patches appear on the skin when cells of breast tissue become cancerous. Market Research Future (MRFR) has published and released a research report about the global breast cancer market that anticipates great boost with 9.2% CAGR (Compound Annual Growth Rate) for this market between 2017 and 2023. Observing the market structure, this report evaluates the future growth potential of the market and analyzes the approaches of the key players in the market. It also follows the competitive developments such as joint ventures, new product developments, mergers and acquisitions, research and developments (R & D) in the market.
Observing the market structure, this report evaluates the future growth potential of the market and analyzes the approaches of the key players in the market. It also follows the competitive developments such as joint ventures, new product developments, mergers and acquisitions, research and developments (R & D) in the market.
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The Global Top Players for Breast Cancer Industry Mentioned are:
Pfizer (US), Novartis AG (Switzerland), Oncogenex (US), Apthera Inc. (UK), BioNumerik Pharmaceuticals (US), Oncothyreon Inc. (US), Astellas (Japan), Bipar Sciences (US), Puma Biotechnology (US), Sanofi S.A. (US), Eli Lilly and Company (US), AstraZeneca (UK), F. Hoffmann-La Roche (Switzerland), GlaxoSmithKline (UK), Genentech (US), Teva Pharmaceutical Industries (Israel), Sun Pharmaceutical Industries Ltd (India), Accord Healthcare, Inc. (India), Gilead Sciences, Inc. (US), Bristol-Myers Squibb company (US), Actavis, Inc. (US), Hospira, Inc. (US), and Bayer AG (Germany).
Industry/ Innovation/Related News: Breast Cancer Market
April 04, 2019 —- Pfizer Inc. (the US), a multinational pharmaceutical corporation announced that the US FDA has expanded the use of Pfizer’s Ibrance (palbociclib) capsules in the treatment of male breast cancer. The FDA decision was based on electronic health records (EHR) and post-marketing reports of the real-world use of Ibrance in men.
The FDA approval of Pfizer’s supplemental New Drug Application (sNDA) makes Ibrance first-line treatment available for men with a subset of advanced breast cancer – i.e., with metastatic breast cancer (hormone receptor-positive (HR+) and human epidermal growth factor receptor 2-negative (HER2-)).
Due to the new FDA policy, Ibrance has become the first and only CDK 4/6 inhibitor to be given the nod in the US for first-line treatment for advanced metastatic breast cancer in men.
That puts Pfizer ahead of rivals such as Novartis’ Kisqali (ribociclib) and Eli Lilly’s Verzenios (abemaciclib). The FDA approval further allows Pfizer to take a step forward using the real-world data to bring medicines to patients who are most in need.
Increasing number of females suffering from breast cancer is the major factor for the growth of Breast Cancer Market . Beside this adoption of unhealthy lifestyle, increasing female geriatric population, exposure to harmful radiation and increasing governmental initiatives also contributed in the growth of the market. As no absolute treatment is available there is a scope for developing the market across the world. While on other hand high cost of the treatment, adverse effects associated with the therapy and long approval time for the drugs are responsible for restraining the growth of the Breast Cancer Market.
Availability of more medicines, new screening tools gaining traction in breast cancer treatment. The biggest change has been the approvals for treatments and available screening tools. Over the last few years, advent breast cancer treatments have hit the market. So the biggest thing that’s emerged in the last year that’s really impacted the treatment is approval of medications called CDK45 Inhibitors.
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When used in combination with endocrine therapy for patients with hormone-receptor positive breast cancer, the medications have shown improvements in survival – about 10 months. In addition to promising medications, 3-D digital tomosynthesis imaging has gained traction and became available. Mammography allows for a more clear view of the inside of a breast. It’s particularly useful to see through dense breast tissue. A signed bill into law that allows commercial insurance providers to cover breast screening, including 3-D mammography.
Global Male Breast Cancer Market – Competitive Landscape
Fiercely competitive the male breast cancer market appears fragmented due to the presence of numerous large & small players. Forming a well defined competitive landscape, these players incorporate strategic initiatives such as partnership, acquisition, collaboration, expansion, and technology launch.
Reputation and pricing are the two major parameters these key players compete based on. The high growth potential demonstrated by this market attracts several new entrants, resulting in intensifying the competition further. Top players are investing hugely in R&D and clinical trials to develop effective therapeutics and innovative approaches that can provide excellent outcomes.
Breast Cancer Market – Regional Analysis
On regional basis, global breast cancer market is dominated by America. Changing lifestyle and increasing prevalence of breast cancer in America has driven the growth of the market. America breast cancer market is followed by Europe. Technological advances, increased life expectancy and healthcare expenditure of people is responsible for the growth of this market in America and Europe. Asia Pacific is expecting a fastest growth for the market.
Major TOC for Breast Cancer Market Research Report – Global Forecast To 2023:
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.3 MARKET STRUCTURE:
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS:
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH:
3 MARKET DYNAMICS
3.4 MACROECONOMIC INDICATORS
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