Market Analysis and Insights: Neuroblastoma Drug Market

Global Neuroblastoma Drug Market Mechanism of Action Type (Alkylating agents, Antimetabolites, Antibiotics, Microtubule Inhibitors, Monoclonal Antibodies), Drug Type (Cyclophosphamide, Cisplatin, Vincristine, Doxorubicin, Etoposide, Topotecan, Busulfan and Melphalan), Diagnosis Type (Physical Test, Urine and Blood Test, Imaging Test, Tissue Sample Testing, Bone Marrow Sample Testing), Treatment Type (Surgery, Chemotherapy, Radiotherapy, Immunotherapy, Bone Marrow transplantation, Retinoid Therapy, Targeted Delivery of Radionuclides), Route of Administration (Oral, Intravenous and others), ), End- Users (Hospitals, Homecare, Specialty Clinics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends & Forecast to 2026

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Market Analysis: Global Neuroblastoma Drug Market 

Global neuroblastoma drug market is rising gradually to an estimated steady CAGR of 4.2% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to the growing awareness towards diagnosis and treatment of neuroblastoma cancer, increase in the prevalence of childhood cancers, the rising birth rate, growing medical spending, increasing global healthcare expenditure and technological advancements in pharmaceuticals research.

Market Definition: Global Neuroblastoma Drug Market 

Neuroblastoma is a childhood cancer most commonly occurs in children below the age of 5 years, most often found in the small glands on top of the kidneys (adrenal glands).Neuroblastoma can develop in abdominal parts of the body where the group of nerve cells are present including chest, neck and near the spinal region. The neuroblastoma may cause due to the immature cell growth or mutation in the gene responsible for controlling cell proliferation. Neuroblastoma patient experiences symptoms such as fatigue, loss of appetite and fever. There may be a lump or compression of tissues in the affected area.

As per the April 2018 report of American Society of clinical oncology (ASCO), in the U.S. around 700 children get diagnosed with neuroblastoma every year and it indicates that amongst children younger than 1 year, neuroblastoma is the most common cancer and most frequently found in boys to that of girls.

Market Drivers

Growing awareness towards diagnosis and treatment of neuroblastoma cancer drives the market growth
High prevalence of childhood cancers acts as a catalyst for the growth of the market
Increasing birth rate across the world enhances the market growth
Rising research on neuroblastoma treatment and increasing spending on cancer treatment elevates the market growth

Market Restraints

Lack of awareness among the people about neurocarcinoma treatment hinders the market growth
Patent expiry from many companies and introduction of generic drugs is expected to restrain the growth of the market
High cost of treatment and an adverse side effect of treatment are the major restraint of the market
Shortage of trained healthcare specialists is hampering the market

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Segmentation: Global Neuroblastoma Drug Market 

Mechanism of Action Type

Alkylating agents
Antimetabolites
Antibiotics
Microtubule Inhibitors
Monoclonal Antibodies

By Drug Type

Cyclophosphamide
Cisplatin
Vincristine
Doxorubicin
Etoposide
Topotecan
Busulfan
Melphalan

By Diagnosis Type

Physical Test
Urine and Blood Testing
Imaging Test
Tissue Sample Testing
Bone Marrow Sample Testing

By Treatment Type

Surgery
Chemotherapy
Radiotherapy
Immunotherapy
Bone Marrow transplantation
Retinoid Therapy
Targeted Delivery of Radionuclides

By End users

Hospitals
Homecare
Specialty Clinics
Surgical centers
Others

By Geography

North America

U.S.
Canada
Mexico


South America

Brazil
Argentina
Rest of South America


Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe


Asia-Pacific

Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific


Middle East & Africa

South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa



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Key Development in the Market:

In May, 2018 Amneal Pharmaceuticals LLC received the FDA approval for Cyclophosphamide drug which is generic to Cytoxan and can be used as an injection. This is an important milestone for the Amneal Pharmaceuticals LLC because they are focusing to enhance their research and development on injectable products which can be beneficial for patients and healthcare providers


In March 2015, United Therapeutics Corporation received the FDA approval for dinutuximab drug for the treatment of neuroblastoma, as part of first-line therapy for paediatric patients with high-risk neuroblastoma

Competitive Analysis: Global Neuroblastoma Drug Market

Global neuroblastoma drug market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global neuroblastoma drug market for global Europe North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Players: Global Neuroblastoma Drug Market

Few of the major competitors currently working in the global neuroblastoma drug market are Cellectar Biosciences, INC, United Therapeutics Corporation, APEIRON Biologics AG, Baxter, Teva Pharmaceutical Industries Ltd, Johnson & Johnson Services, Inc, Bayer AG, MacroGenics, Inc, Advaxis, Amgen Inc, AstraZeneca, Bristol-Myers Squibb Company, Curispharma, Eli Lilly and Company, GlaxoSmithKline plc, Marsala Biotech Inc, Merck KGaA, Merck & Co. Inc, Oncolytics Biotech, Inc, ONO PHARMACEUTICAL CO. LTD, Pfizer Inc, Pierre Fabre Group, Cyclacel Pharmaceuticals, Inc, BioDiem and others.

Research Methodology: Global Neuroblastoma Drug Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technical Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence and Regulatory Affairs Managers among others.

Reasons to Purchase this Report

Current and future of global neuroblastoma drug market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

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