North America Oropharyngeal Cancer Market is Expected to Account for Largest Revenue Share during the Forecast Period 2022-2030
The latest market analysis report published by Reports and Data, titled ‘Global Oropharyngeal Cancer Market – Forecast to 2030,’ thoroughly examines the Oropharyngeal Cancer industry to provide essential data & information for the targeted readers. The report consists of quantitative and qualitative research on the market performed by our market experts. The Oropharyngeal Cancer industry report emphasizes the current and upcoming market revenue growth opportunities and trends. Moreover, the report offers key information on the industry statistics, as well as a wide range of dynamic factors including drivers, restraints, risks, challenges, threats, supply & demand ratios, production & manufacturing capacities, sales & distribution networks, cost & demand volatility, import/export ratios, profit margins, and macro-economic and micro-economic factors. The report is inclusive of product type outlook, application spectrum, end-use outlook, technology landscape, regional market analysis, and competitive overview. Our market experts have determined the current financial positions of the leading industry players in the report leveraging advanced analytical tools such as Porter’s Five Forces Analysis, SWOT analysis, and investment assessment.
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The global Oropharyngeal Cancer market has significantly grown over the recent past and is expected to register rapid growth over the forecast period of 2021 to 2030. The pharma and healthcare sector is rapidly evolving with innovations in technology, increasing healthcare spending and improving healthcare facilities and systems. Many hospitals, ambulatory surgical care centers and clinics across the globe are adopting advanced devices and equipment. Revenue growth of the global Oropharyngeal Cancer market is significantly driven by factors such as increasing prevalence of chronic diseases, rapid advancements in healthcare and medical sector, high adoption of latest tools and techniques and growing funds by several public and private sectors. In addition, rising focus on drug development, increasing demand for precision medicine, high adoption of home care settings and point-of-care diagnostics, increasing investments in research and development activities are expected to drive global market revenue growth during the forecast period.
The ongoing pandemic is significantly changing the dynamics of the pharma and healthcare sector. Various countries are facing challenges such as shortage of medicines, vaccines, healthcare devices in hospitals. This is expected to open lucrative growth opportunities for market players in the coming years.
Largest Market Share:
North America dominated the market in 2021 and is expected to account for largest revenue share during the forecast period. Oropharyngeal cancer is common in most countries in North America.
In the U.S., an estimated 54,000 (38,700 men and 15,300 women) received an oral and oropharyngeal cancer diagnosis in 2019. In 2020, it is expected that 476,125 individuals received an oral and oropharyngeal cancer diagnosis. Men are more than twice as likely as women to have this cancer.
North America is expected to be driven by an increase in numbers of advancements in treatment. Other factors such as demand for sophisticated treatments and surge in healthcare setups are expected to drive revenue growth of the market in North America.
Other factors include demand for safe treatments and awareness of oral hygiene among the people are expected to drive revenue growth of the market in North America.
Fastest Growing Region:
Asia Pacific is expected to register rapid growth during the forecast period due to rising competition among the key players in the region and growing healthcare settings.
Increasing number of cases of oropharyngeal cancer is also boosting the growth in these countries.
Incidences of oral cancer were estimated to be between 1.6 and 8.6/100,000 per year, with equal rates for males and females in the majority of countries. For both men and women, the incidence was highest in Myanmar and Brunei in the Asia Pacific region.
Moreover, increasing treatment options, awareness about oral hygiene, and demand for safer treatments are expected to drive revenue growth of the oropharyngeal cancer market during the forecast period.
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The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as R&D investments, license agreements, partnerships, merger and acquisitions, collaborations, and joint ventures to gain robust footing in the market.
Top Companies Profiled in the Report:
- Hoffmann-La Roche Ltd
- Pfizer Inc.
- Merck & Co. Inc.
- GlaxoSmithKline plc
- Cipla Inc
- Teva Pharmaceutical Industries Ltd,
- Bristol-Myers Squibb Company
- Mylan N.V.
- Celgene Corporation
- Intas Pharmaceuticals Ltd
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Oropharyngeal Cancer Market Segmentation:
Disease Type Outlook:
- Oral Verrucous Carcinoma
- Oral Squamous Cell Carcinoma
- Oral Cavity Lymphomas
Treatment Type Outlook:
Drugs Type Outlook:
Route of Administration Outlook:
Distribution Channel Outlook:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
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