Title: Breast Cancer Therapeutics Market trends research and projections for 2017-2024
1Breast Cancer Therapeutics Market to surpass
28Bn by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Breast Cancer Therapeutics
Market
- 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. - 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 size 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.
3Continued...
- 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. - 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.
4U.S. Breast Cancer Therapeutics Market, By
Product, 2013 - 2024 (USD Billion)
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6360 Analysis
- Application Trends
- Retail pharmacies held the largest market share
in 2016 and will continue to be the biggest
distribution channel for the industry over the
forecast period. Growing shift from specialty to
retail pharmacies owing to reimbursement
variations and prolonged usage of oral
formulations, particularly for targeted drug
therapies will drive the business growth. - Regional Trends
- U.S. breast cancer therapeutics market accounted
for the highest regional share in 2016 due to
growing prevalence of breast cancer and
increasing RD funding through public and private
sectors. Growing elderly population, breast
feeding discontinuation at an early stage and
increased access to cancer care will stimulate
industry growth. Moreover, rising demand for
tumor therapeutics will strongly drive industry
growth in the country. - Competitive Market Share
- Some of the major players in global breast cancer
therapeutics market are AstraZeneca, Roche
Diagnostics, Pfizer, Novartis, Eisai, Eli Lilly,
Sanofi, and Celgene. Roche holds the largest
market share owing to wide geographical presence
and strong product portfolio. It is expected to
dominate the industry revenue over the coming
years. The company should face intense
competition from other players such as
AstraZeneca and Pfizer over the forecast years.
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