Cervical Cancer Treatment Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017
Cervical Cancer Treatment Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024
Global Cervical Cancer Treatment Market: By Disease Indication (Pre-malignant Lesions, Early Invasive Stage, Advanced Invasive Stage), By Treatment Type (Simple Hysterectomy, Radical Trachelectomy, Cryotherapy, Laser Surgery, Cold Knife Cone Biopsy, Cone Biopsy, LEEP (Loop Electrosurgical Exclusion Procedure), Chemotherapy, Hormone Therapy, Radiation Therapy, Targeted Therapy, Others), By End User (Hospitals, Ambulatory Surgical Centers, Pharmacies), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024
Global cervical cancer treatment market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over 2018 to 2024.
Market Outline: Cervical Cancer Treatment Market
Cervical cancer is characterized by the growth of abnormal cells in the cervix region. It is most commonly occur in women due to Human Papilloma Virus (HPV) infection. Most common symptoms associated with cervical cancer include pelvic pain, vaginal bleeding, abnormal vaginal discharge, and pain during the sexual intercourse. Cervical cancer can be treated by chemotherapy, radiation therapy, and surgery among others.
Market Dynamics: Cervical Cancer Treatment Market
Increase in the prevalence of cervical cancer around the world is mainly drives the global cervical cancer treatment market. Moreover, advancements in the cervical cancer treatment, early stage disease diagnosis, promising pipeline products, and government initiations for increase the cervical cancer treatment awareness are anticipated to fuel global cervical cancer treatment market over the forecast years. However, high cost for cervical cancer treatment, stringent regulatory guidelines for product approval, entry of generics into the market and adverse effects associated with radiation therapy are expected to restrain the growth of global cervical cancer treatment market.
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Market Scope: Cervical Cancer Treatment Market
Cervical cancer treatment market is segmented based on the disease indication, treatment type, and end user
Based on the disease indication, the market is segmented into the following:
• Pre-malignant Lesions
• Early Invasive Stage
• Advanced Invasive Stage
Based on the treatment type, the market is segmented into the following:
• Simple Hysterectomy
• Radical Trachelectomy
• Cryotherapy
• Laser Surgery
• Cold Knife Cone Biopsy
• Cone Biopsy
• LEEP (Loop Electrosurgical Exclusion Procedure)
• Chemotherapy
• Hormone Therapy
• Radiation Therapy
• Targeted Therapy
• Others
Based on the end user, the market is segmented into the following:
• Hospitals
• Ambulatory Surgical Centers
• Pharmacies
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Regional Analysis: Cervical Cancer Treatment Market
Geographically, global cervical cancer treatment market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America cervical cancer treatment marketis anticipated to expand at healthy growth rate due to increase in the prevalence of cervical cancer (according to Centers for Disease Control and Prevention 2014, approximately 12,578 women are diagnosed with cervical cancer), technological advancements for early stage disease diagnosis, and increase in R&D expenditure for the innovation of newer products are anticipated to fuel the market. Europe cervical cancer treatment market driven by increase in the prevalence of cervical cancer in Europe (according to WHO Europe, approximately 28,000 women die from cervical cancer every year), expansion of business by market players, and adoption of newer technologies for surgical cancer treatment are expected to boost the market. Asia Pacific cervical cancer treatment market has a lucrative growth attributed to large patient pool, rise in medical tourism in Asia Pacific countries due to low cost of treatment, and entry of market players into Asia Pacific region are expected to bolster the market.
Competition Assessment: Cervical Cancer Treatment Market
Some of the players in the global cervical cancer treatment market include:
• GlaxoSmithKline Plc (UK)
• Allergan Plc (UK)
• Eli Lilly and Company (U.S.)
• Pfizer, Inc. (U.S.)
• Bristol-Myers Squibb Company (U.S.)
• Genentech USA (U.S.)
• Novartis AG (Switzerland)
• Hoffmann La Roche Ltd (Switzerland)
• Biocon Ltd. (India)
• Hetero Drugs Ltd. (India)
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Notable Market Developments: Cervical Cancer Treatment Market
• In May 2017, Bristol Myers Squibb and Advaxis entered into a clinical collaboration to evaluate ADXS-DUAL and Opdivo in metastatic cervical cancer.
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