Regional
Analysis:
By region, the global Oral Cancer
Treatment Market Size has been segmented into
Americas, Europe, Asia Pacific, and the Middle East & Africa (MEA).
Americas is projected to lead the global market owing to the exponentially
rising patient population. The region is also witnessing a drastic rise in
cancer expenditure which is forecasted to favor the expansion of the Oral
Cancer Treatment Market Size in the region. Europe is the second-largest market
for oral cancer. Rising investments in research & development are
anticipated to fuel the growth of the Oral Cancer Treatment Market Size in the
region. Asia Pacific has been projected to expand at the highest CAGR over the
assessment period. The Middle East & Africa is poised to retain the least
share of the market in the forthcoming years.
Oral Cancer
Treatment Market Size Synopsis:
The treatment for oral cancer
is a prime area of research as it is generally discovered late in its
development. Industry leaders are emphasizing on the development of more
effective diagnosis. Market Research Future (MRFR) has found out in its latest
study that the global Oral Cancer Treatment Market Size is anticipated to
exhibit a CAGR of 7.1% during the forecast period 2019 to 2023. The need for
early detection of oral cancer is expected to boost the revenue growth of the
market in the years to come.
The increasing burden of the
disease is poised to catapult the Oral Cancer Treatment Market Size on an
upward trajectory in the nearby future. As per the statistics presented by the
Oral Cancer Foundation, 53,000 Americans are estimated to be diagnosed with
oral or oropharyngeal cancer in 2019. Habits such as tobacco addiction trigger
the rising risk of developing oral cancer. Increasing cases of smoking
addiction are anticipated to propel the expansion of the oral cancer market in
the forthcoming years.
The rising healthcare
expenditure is likely to influence the growth pattern of the market positively
over the next couple of years. On the contrary, the risk of recurrence of the
disease, coupled with the adverse effects associated with the treatment,
remains an impediment to market growth. In addition, the high cost of the
treatment is expected to check the proliferation of the Oral Cancer Treatment
Market Size across the review period.
Market
Segmentation:
The global Oral Cancer
Treatment Market Size, by type, has been segmented into verrucous carcinoma,
squamous cell carcinoma, lymphomas, minor salivary gland carcinomas, and
others.
On the basis of treatment, the
Oral Cancer Treatment Market Size has been segmented into surgery,
chemotherapy, radiotherapy, photodynamic therapy (PDT), and others. The surgery
segment is further sub-segmented into glossectomy, tumor resection, Mohs
micrographic surgery, laryngectomy, and others. The chemotherapy segment has
been sub-segmented into carboplatin, cisplatin, 5-fluorouracil (5-FU), and
others.
Based on end-users, the global
Oral Cancer Treatment Market Size has been segmented into hospitals &
clinics, academic institutes, research organization, and others.
Browse Full
Report With TOC @ https://www.marketresearchfuture.com/reports/oral-cancer-treatment-market-1820
Competitive
Tracking:
The key players participating
in the global Oral Cancer Treatment Market Size are Qilu Pharmaceutical Co.,
Ltd. (Asia Pacific), Bristol-Myers Squibb Company (U.S.) Teva Pharmaceutical
Industries Ltd. (Israel), F. Hoffmann-La Roche Ltd (Europe), Eli Lilly and
Company. (U.S.), Merck & Co., Inc. (U.S.), Pfizer Inc. (U.S.), and Novartis
AG (Europe).
Industry News:
In May 2019, Bristol-Myers
Squibb Company, an American pharmaceutical company, participated in the UBS
Global Healthcare Conference.
In January 2019, an American
pharmaceutical company, Bristol-Myers Squibb Company, announced its plan of
acquiring Celgene Corporation, an American biotechnology company, for creating
a premier innovative biopharma company.
In September 2018, Qilu
Pharmaceutical, a leading pharmaceutical company in China, announced the
receipt of FDA approval for Palonosetron HCl Injection (2.5mg/5ml), a generic
Aloxi® Injection, which is used in the treatment and prevention of
chemotherapy-induced vomiting and nausea.
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