Global Bone Cancer Market – Overview
According to a recent study published by the Market Research Future analysts, the global bone cancer market is growing at a moderate growth rate.
Osteosarcoma is observed to be one of the most common type of Even though the exact cause of the bladder cancer is yet to be understood, there are certain factor that may increase the risk of developing a bone cancer. These include continuous exposure to harmful radiations leading to mutations in genetic profile of the patients. Apart from that, family history of sarcoma, abnormal cellular growth, previous cancer treatments, and adoption of unhealthy lifestyle are also responsible for the increase in the risk of the bone cancer cases all across the world. Furthermore, rising awareness about the bone cancer among population, increasing government support, increased investment in the research and development, and also has contributed to the growth of the market.
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On the other hand, there are some obstacles in this market such as expensive drugs, high cost of the treatment, and side effects of the chemotherapeutic treatment. These all factors have negatively affected the widespread growth of bone cancer market.
Global Bone Cancer Market – Competitive Analysis
The market for bone cancer with great opportunities for the development of the potable drugs has attracted many companies over the years. There are large number of companies operating in this market, these companies are involved in the development of the products including the drugs, molecules which are to be used against the deadly disease.
Bone cancer market is moving up the ladder with rising demand for the cost efficient and effective treatment options.
Unavailability of complete treatment has presented with wide range of opportunities for the development of the market. Companies are focusing on the development of new products which will be cost effective and will have minimum side effects. Various companies are involved in the development of specific types of molecules, and novel therapies. These companies have adapted the strategies of mergers with other companies and research organisations in order to strive in this big and competitive market. Launching new products, be it drug molecule or a diagnostic devices has been an instrumental strategies that may outplay the other players from the market. Moreover, competition amongst new entrants in to the market is also expected to surge growth for bone cancer market over the next few years.
Some of the new developments in the market are:
In July 2017, Proceedings of the National Academy of Sciences published a research study led by University of Texas MD Anderson Cancer Center. The study found a drug known as bone metastasis-targeting peptidomimetic (BMTP-11) which has potential as a new therapeutic option for the treatment of the osteosarcoma. The preclinical study showed that high-risk osteosarcoma can be targeted by BMTP-11 alone and also in combination with the chemotherapeutic agent gemcitabine.
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Global Bone Cancer Market – Regional Analysis
The America region dominates the global bone cancer market owing to the presence of huge patient population suffering from bone cancer. According to American Cancer Society, in 2017, nearly 3,260 people of all ages were diagnosed with primary bone cancer inly in United States. The American Cancer Society has estimated that in 2018 about 3,450 new cases of bone cancer will be diagnosed and nearly 1,590 people will die of Bone cancer. Moreover, certain factors such as increasing exposure to radiation, family history of bone cancer, changing lifestyle, and increasing government support, role of cancer care organisations in increasing awareness about the disease among population has also impacted on the growth of the bone cancer market. Europe accounts for the second largest market for the bone cancer. Asia Pacific is the third biggest market for bone cancer after Americas and Europe. Due to the huge population base, increasing prevalence of bone cancer in the region, rapidly developing economies and presence of huge opportunity for the growth of the market which has resulted in the speedy growth of the Asia Pacific market. The Middle East & Africa has the least market share due to the lack of availability of advanced healthcare infrastructure, lack of awareness among people, and affordability issues due to presence of the poor economic countries in Africa region.
TOC of Bone Cancer Market:
1 Report Prologue
2 Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
2.3 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
5 Market Factor Analysis
List of Tables:
TABLE 1 GLOBAL BONE CANCER MARKET, BY TYPES, 2013-2022 (USD MILLION)
TABLE 2 GLOBAL BONE CANCER MARKET, BY TREATMENT, 2013-2022 (USD MILLION)
TABLE 3 GLOBAL BONE CANCER MARKET, BY END USER, 2013-2022 (USD MILLION)
TABLE 4 GLOBAL BONE CANCER MARKET, BY REGION, 2013-2022 (USD MILLION)
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List of Figures:
FIGURE 1 RESEARCH PROCESS
FIGURE 2 PORTERS FIVE FORCES MODEL
FIGURE 3 GLOBAL BONE CANCER MARKET, BY TYPES
FIGURE 4 GLOBAL BONE CANCER MARKET, BY TREATMENT
FIGURE 5 GLOBAL BONE CANCER MARKET, BY END USER
FIGURE 6 GLOBAL BONE CANCER MARKET, BY REGION
FIGURE 7 GLOBAL BONE CANCER MARKET: COMPANY SHARE ANALYSIS, 2015 (%)
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