Solid Tumors Treatment Market - Global Industry Insights, 2017–2025


Posted October 12, 2017 by Ruby157

SOLID TUMORS TREATMENT MARKET - GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2017–2025

 
A solid tumor is an abnormal mass or lump of tissues without liquid or cysts. It is not necessary that tumor should always be cancerous. On the basis tumor nature, it can be classified as the malignant tumor (cancerous) and the benign tumor (non-cancerous). Based on the cell type, tumors can be classified as carcinomas, sarcomas, and lymphomas. The Solid tumors might occur in several places such as muscle, bone, and organs. Treatments for solid tumors include prevention of tumor and combination of surgery, chemotherapy, and radiation therapy. However, new forms of treatment are emerging in the market.

Emerging trend of Biosimilars therapy is expected to propel the growth of solid tumors treatment market

Moreover, the emerging trend of biosimilars is contributing to the growth of solid tumors treatment market due to their low cost and their similarity to originator compound. For instance, some of the biologics available for solid tumors treatment includes Herceptin, MabThera, Avastin, and Erbitux. The advantages of this biosimilars to overcome the limitations of generic drugs in the treatments is expected to propel the growth of solid tumors treatments market.

Chemotherapy segment holds the maximum share in solid tumor treatment market due to its efficacy by combining with some other therapies to treat solid tumors.
The global solid tumors treatment market is segmented by therapy, by application, by the end user, and by region.
On the basis of therapy, solid tumors treatment market is segmented into
Radiotherapy
Chemotherapy
Immunotherapy
Hormone therapy
Targeted therapy
On the basis of application, solid tumors treatment market is segmented into
Lung cancer
Breast cancer
Prostate cancer
Cervical cancer
Colorectal cancer
others
On the basis of end users, solid tumors treatment market is segmented into
Hospitals
Cancer treatment centers

Rising incidences of solid tumor cases in North America is the factor contributing to the growth of solid tumor treatment market
Regional segmentation of Solid Tumors Treatment market by Coherent Market Insights comprises of North America, Latin America, Europe, Asia Pacific, Africa, and the Middle East. North America dominates in the solid tumors treatment market due to the presence of well-established healthcare infrastructure, and rise in the number of solid tumor cases. For instance, According to the data provided by Centers for Disease Control and Prevention (CDC) in 2013 around 230,815 females and 2109 men in the U.S. were diagnosed with breast cancer. Asia Pacific is expected to grow in the solid tumors market due to the increase in healthcare expenditure, rising patient population, medical tourism, and increasing affordability of people in this region.

Advanced drug therapy is expected to help the industry players to sustain in the solid tumors treatment market
Key industry players operating solid tumors treatment market include Abbott Laboratories Inc., Biogen Idec Incorporated, AstraZeneca Plc., Johnson & Johnson Company, Amgen Inc., Bristol Myers Squibb Company, GlaxoSmithKline Plc., Sanofi, and Baxter International Incorporated. Advancements in the cancer therapy such as nanomedicines used for the treatment of cancer might help the industry players to provide effective patient care in the solid tumors treatment. Whereas, stringent regulatory policies for drug manufacturing may restrain the growth of the market. For instance, by regulations provided by the Indian government in late 2012, there are cap prices of 348 drugs on Essential Drug List (EDL), and drug manufacturers need to keep the cost of their drugs below the ceiling price.
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Issued By Ruby
Country United States
Categories Health
Tags solid tumors treatment industry insights , solid tumors treatment market , solid tumors treatment market trends
Last Updated October 12, 2017