North American Breast Cancer Therapeutics Market 2019 Analysis May Set New Growth Story, Forecast to 2025
North American breast cancer therapeutics market is estimated to grow significantly at a CAGR of around 9.2% during the forecast period. The expenditure on breast cancer therapies and medicines is increasing very rapidly in the region which leads to the high rates of treatment of breast cancer. As per the American Cancer Society, breast cancer treatment can cost more than $100,000 in developed countries such as the US. However, the high cost of breast cancer drugs and surgeries across the developed countries are estimated to be the major constraints in the growth of the market. Along with that the increasing research and clinical trials for the advanced treat of breast cancer further provie substatial opportunity to the market growth.
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North American breast cancer
therapeutics market are segmented on the basis of therapy. The Therapy segment
is further classified into chemotherapy, hormone therapy, targeted therapy,
radiation therapy and others (surgery). Among all therapies, chemotherapy
market held the largest market share in the North American breast cancer
therapeutics market. Chemotherapy is most used when cancer in the lymph nodes
and irrespective of tumor size or menopausal status. Along with that it is used
for the treatment of breast cancer in premenopausal women and referred for
those women who diagnosed with early stage breast cancer for hormone receptor
negative and HER2 positive cancer. The types of chemotherapy include adjuvant
chemotherapy and neoadjuvant chemotherapy. The adjuvant chemotherapy is used to
destroy cancer cells that have been spread and not seen by the imaging tests.
This method helps in reducing the cancer cells that form a new tumor in the
other place of the body. Adjuvant chemotherapy reduces the risk of breast
cancer coming back. Neoadjuvant chemotherapy can be used to reduce the size of
the tumor, so it can be removed with less widespread surgery.
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North American Breast Cancer
Therapeutics Market Segmentation
By Therapy
·
Chemotherapy
·
Hormone Therapy
·
Targeted Therapy
·
Radiation Therapy
·
Others (Surgery)
Regional Analysis
·
United States
·
Canada
Company Profiles
·
AbbVie Inc.
·
Amgen Inc.
·
Astellas Pharma Inc.
·
Bristol-Myers Squibb Co.
·
Celldex Therapeutics, Inc.
·
Eli Lilly and Co.
·
Halozyme, Inc.
·
Johnson & Johnson Services Inc.
·
Merck & Co., Inc.
·
MacroGenics, Inc.
·
Pfizer Inc.
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