Colon Carcinoma Therapeutics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Colon Carcinoma Therapeutics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • Transparency Market Research
  • Ongoing
  • Pharmaceutical

Report Description

Colon carcinoma is one of the most commonly occurring cancer type around the globe, it is usually developed in parts of the large intestine such as colon or rectum. The underlining cause of the cancer is an abnormal growth of cells in the parts of the large intestine due to certain cellular mutation. These cancer cells often lead to the growth of tumor in the respective area and are capable of invading other parts of the body. People over the age of 50 are more prone to the disease as incidence ratio is high amongst the geriatric population. Higher consumption of junked food, red meat and processed meat and lack of physical activity are linked with colon carcinoma. Health experts also suggest obesity, excessive smoking and consumption of alcohol as other factors that may cause the disease. 

Few of the symptoms include blood in the stool, abnormal bowel movements, constipation weakness, vomiting, weight loss and nausea. At times, colon carcinoma may also root other complications such as inflammatory bowel disorders.

Higher emphasis on further development of anti-carcinogenic drugs is expected to deliver some promising outcomes in the near future.  Currently, colon carcinoma has four common treatment modules namely chemotherapy, immunotherapy, targeted therapy and laparoscopic surgery. In the recent years, laparoscopic surgery has become more popular as the treatment is less painful delivering greater results.

Increasing Incidence Rate and Higher Demand of Cancer Therapeutics is expected to drive the Global Colon Carcinoma Therapeutics Market 

Increasing geriatric population and changing lifestyle are the major cause of the disease. Being one of the most commonly occurring cancers, the demand for its treatment is growing at a significant rate. Further, increasing awareness and early diagnosis are expected to fuel the global colon carcinoma therapeutics market in the near future. The demand for anti-carcinogenic drugs and therapies in many of the Asian countries is growing at a healthy pace and is expected to favor the overall market. With each coming year, the number of incidences is increasing and is considered as a major factor driving the global market.

On the other hand, despite increasing research and medicinal advancements, a complete cure for the disease is still not available. Biomedical researchers, scientist and health experts have seen success in extending the life expectancy of the patients, however, mortality rate still remains high in most cases. Other factors curtailing the growth of the market include high-cost of treatment, adverse side effects and credibility of drugs. Apart from these, long durations of research and heavy financial investments required for conducting preclinical research and development programs are major concerns for the pharmaceutical companies supplying colon carcinoma drugs.  

Most patients receiving cancer treatments are subjected to severe side effects such as weight loss, hair loss and extreme weakness. Hence, drug manufacturers are highly focusing on enhancing the conventional methods of treatment. Over the past few years, a range of novel anti-carcinogenic drugs has introduced in the market by different brands. Furthermore, advanced screening test and surgery techniques such as robotic surgery has come up and are considered beneficial for the global colon carcinoma therapeutics market in the coming years.

Colon Carcinoma Therapeutics Market: Regional Segmentation

On the basis of region, the global colon carcinoma therapeutics market has been segmented into six key regions namely North America, Western Europe, Eastern Europe, Latin America, Asia Pacific (APAC), and the Middle East & Africa (MEA). North America is considered one of the largest markets of colon carcinoma therapeutics. In addition, the U.S. accounted for more than one million new cases of colon carcinoma in 2015 and the number is expected to increase with each coming year. 

Key Players

Few of the key players identified in the global colon carcinoma therapeutics market include Novartis International AG, F. Hoffmann-La Roche AG, AMGen, Celgene Corporation, Bristol-Myers Squibb, Merck & Co., Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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