-- U.S. breast cancer therapeutics market accounted for largest business share in 2016 and is anticipated to grow substantially over the forecast period. Increases access to breast cancer screening, diagnosis and treatment services will be the chief growth rendering factor. Moreover, increasing adoption of therapy drug by patients will fuel regional business growth.
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Hormone drugs segment will grow at substantial rate. Features like affecting the activities of tissues and cells at numerous sites in the body, frequently reaching their targets through bloodstream will drive the segment growth. Moreover, slowing or stopping the development of hormone-sensitive tumors by interfering with effects of hormones on breast cancer cells or by blocking the body's capability to produce hormones will offer significant segment growth opportunity.
Breast Cancer Therapeutics Market is set to exceed USD 28 billion by 2024; according to a new research report. Rising prevalence of breast cancer, launch of numerous diagnostic and screening programs globally and favorable insurance and reimbursement policies will serve as high influential factors for the breast cancer therapeutics market growth.
Advancement in technologies for cancer biology, increasing research and development for introduction of novel drugs to treat the disease will stimulate industry growth over the coming years. Rising adoption of minimally invasive cancer therapy methods should improve patient compliance.
Rising incidence of disease due to increasing exposure to factors such as use of hormone replacement therapy (HRT), lifestyle related factors such as alcohol consumption, obesity and alteration in family which stimulates the usage rate of therapeutics over the forecast period will propel the industry growth.
China should witness considerable growth in the coming years due to increase in awareness programs to spread alertness regarding breast cancer screening, robust economic growth and rising disposable income.
Brazil breast cancer therapeutics market is projected to grow at a significant CAGR over the forecast period. Increased life expectancy among individuals and healthcare facility development are the chief features driving breast cancer therapeutics market growth in the country.
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Some of the companies operating in breast cancer therapeutics market are Roche Diagnostics, Pfizer, AstraZeneca, Novartis, Sanofi, Eisai, and Eli Lily. New product launches, strong product pipeline, geographical expansion, mergers and acquisition will mainly boost the business. Chief industry players will endeavor to strengthen their place in this competitive market by implementation these strategies.
Table of Content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Breast Cancer Therapeutics Industry Insights
Chapter 4. Breast Cancer Therapeutics Market, By Product
Chapter 5. Breast Cancer Therapeutics Market, By Distribution Channel
Chapter 6. Breast Cancer Therapeutics Market, By Region
Chapter 7. Company Profiles
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