According to the estimates of the American Cancer Society (ACS), 61,560 new kidney cancer cases and 14,080 deaths would occur in 2015. Due to the increasing prevalence with no cure of this deadly disease, till date, there is an imminent need for effective kidney cancer drugs.
The renal cancers drug remedy marketplace has witnessed a dramatic exchange in its remedy paradigm during the last three a long time. Even though, there is a spread of remedy options to be had, innovators have now shifted their recognition toward more targeted treatment options and immunotherapies.
The marketplace is mainly driven by the means of way of life affecting factors including decreased bodily pastime, immoderate smoking and drinking. Rising ageing populace and the mounting occurrence of kidney cancer instances are a number of the extra elements boosting the boom of the market.
Additionally, immunotherapies would emerge as an opportunity for innovators in the kidney cancer drugs market. Furthermore, untapped geographies with a high undiagnosed patient base would offer lucrative opportunities for the innovators in future.
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In January 2018: AstraZeneca and Merck & Co., Inc., received approval from US Food and Drug Administration, for Lynparza (olaparib), for use in patients with deleterious or suspected deleterious germline BRCA-mutated (gBRCAm), human epidermal growth factor receptor 2 (HER2)-negative metastatic breast cancer.
The objectives of this study are to define, segment, and project the size of the Cancer Drug Therapy market based on company, product type, application and key regions.
Major Manufacturers Players
- Amgen / Allergan
- Argos Therapeutics
- Aveo Pharmaceuticals
- Bristol-Myers Squibb,
- Genentech (Roche),
- Prometheus Labs
are among the few players mentioned in the global cancer drug therapy market report.
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In April 2018, AstraZeneca announced that US Food and Drug Administration (FDA) has approved Tagrisso for the 1st-line treatment of patients with metastatic non-small cell lung cancer (NSCLC) whose tumours have epidermal growth factor receptor (EGFR) mutations, (exon 19 deletions or exon 21 L858R mutations), as detected by an FDA-approved test. The approval is based on results from the Phase III FLAURA trial, which were presented at the European Society of Medical Oncology 2017 Congress.
Major Market Drivers and Restraints:
- Increasing incidences of lung cancer due to rising smoking population.
- Players are adopting various strategies to expand their product portfolio.
- Growing demand for targeted therapies, presence of highly efficient drugs, increase in geriatric population, and rise in the prevalence of unhealthy lifestyles.
- Poor cancer diagnostic facilities in many developing countries.
- Limited options for treatment, and the vast unmet requirement for diagnosis
Market Size Split by Type
- Targeted Therapy
Market Size Split by Application
- Angiogenesis Inhibitors
- mTOR Inhibitors
- Monoclonal Antibodies
- Cytokine Immunotherapy (IL-2)
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KEY HIGHLIGHTS OF REPORT
- Overview of key market forces propelling and restraining market growth
- Offers a clear understanding of the competitive landscape and key product segments
- An analysis of strategies of major competitors
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Provides profiles of major competitors of the market.
- All segmentation provided above in this report is represented at country level and can be customized according to needs.
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
This report includes the estimation of market size for value (million US$) and volume (K Units). Both Top-down and bottom-up approaches have been used to estimate and validate the market size of Cancer Drug Therapy market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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