Technavio analysts forecast the global endometrial cancer therapeutics market to grow at a CAGR of over 5% during the forecast period, according to their latest market research report.
LONDON--(BUSINESS WIRE)-- Technavio analysts forecast the global endometrial cancer therapeutics market to grow at a CAGR of over 5% during the forecast period, according to their latest market research report.
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Technavio has published a new market research report on the global endometrial cancer therapeutics market for the period 2018-2022. (Graphic: Business Wire)
The emergence of immune therapy is one of the major trends being witnessed in the global endometrial cancer therapeutics market 2018-2022. Immune therapy also known as biological therapy is a type of cancer treatment that improves the defense mechanism of the body to fight against cancer. It uses substances synthesized by the body or in a laboratory to restore immune system function. Immunotherapy works by hindering or slowing the growth of the cancer cells. Also, it stops from spreading to other parts of the body.
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According to Technavio analysts, one of the key factors contributing to the growth of the global endometrial cancer therapeutics market is the increasing prevalence of endometrial cancer:
Global endometrial cancer therapeutics market: Increasing prevalence of endometrial cancer
Endometrial cancer is one of the most common gynecological malignancies, the incidence of which is increasing globally. The prevalence rate of endometrial cancer has been rising due to the changing lifestyle. As more than 80% of the endometrial cancers are estrogen related, changing lifestyle and socioeconomic factors that affect the estrogen exposure are related to a recent increase in prevalence rate.
According to a senior analyst at Technavio for research on oncology, “Endometrial cancer is most common in Western countries and is more prevalent in postmenopausal women. As per an article published in the NCB, in 2015, in Romania, endometrial cancer recorded a peak incidence in the age group of 60-64 years, which reached an average value of 8.06 cases per 100,000 women in 2013. Also, 35% of the endometrial cases were diagnosed in their advanced stage, with significantly diminished life expectancy.”
Global endometrial cancer therapeutics market: Segmentation analysis
The global endometrial cancer therapeutics market research report provides market segmentation by product (chemotherapy and hormone therapy) and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Of the two major products, the chemotherapy segment held the largest market share in 2017, contributing to close to 74% of the market. This product segment will dominate the global market throughout the forecast period.
The Americas held the largest share of the market in 2017, accounting for more than 44% share. It was followed by EMEA and APAC respectively. The region is expected to continue to dominate the market.
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Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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Source: Technavio Research