Oncology Adjuvants Market Intelligence and Analysis for Period (2017-2027)

Posted by Divakar on August 2nd, 2017

Oncology Adjuvant treatment is a cancer therapy, which involves cancer treatment after the primary treatment is completed. Oncology adjuvants treatment mainly reduces the reoccurrence of cancer. Oncology Adjuvant therapy includes chemotherapy, targeted therapy, radiation therapy, hormone therapy, or biological therapy. Various factors are taken into consideration by the Oncologists like statistical data before opting for suitable adjuvant therapy. The key reason to opt for oncology adjuvant therapy is to increase the chances of survival patients having cancer by eradicating the risk of cancer reoccurrence. Oncology Adjuvant therapy is used to treat many cancers such as Colon cancer, lung, prostate cancer, breast, and others forms of gynecological cancers through oncological surgeries and adjuvant therapy but is ineffective for the treatment of renal carcinoma and some forms of brain cancer.

Global Oncology Adjuvants Market- Market Segmentation:

On the basis of Applications, the Global Oncology Adjuvants market can be segmented into,

  • Radiotherapy

  • Chemotherapy

  • Immunotherapy

  • Hormone therapy

  • Targeted therapy

  • Others

On the basis of Indication, the Global Oncology Adjuvants market can be segmented into

  • Sarcoma

  • Breast cancer

  • Colorectal cancer

  • Glioblastoma

  • Prostate cancer

  • Lung cancer

  • Ovarian cancer

  • Others

On the basis of End User, the Global Oncology Adjuvants market can be segmented into

  • Cancer Research Institutes

  • Cancer Hospitals

On the basis of Region, the Global Oncology Adjuvants market can be segmented into,

  • North America

  • Western Europe

  • Western Europe

  • Asia Pacific Excluding Japan

  • Japan

  • Latin America

  • Middle East & Africa

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 Global Oncology Adjuvants Market- Market Dynamics:

The most significant driver for the rapid development of the global Oncology Adjuvants market is the rising instances of cancer worldwide. Also, the positively revised policies adopted by the government and the insurance companies for reimbursements of the cancer treatment cost has lifted the oncology adjuvants market.  

Global Oncology Adjuvants Market-Regional Outlook:

Regionally, the Oncology Adjuvants market has been segmented into North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, Latin America, and Middle East & Africa. Amid them, Europe and North America are the most dominating markets for the oncology adjuvants. This is due to the high incidences of cancer observed in both the regions. Other factors like developing healthcare facilities, revised reimbursements policies and increased per capita healthcare expenditure for the better quality of healthcare are driving the oncology adjuvants market. The recent research and developments in the oncology adjuvants market are also opening new horizons for this market. There is a validated data by World Health Organization (WHO), stating that about 75% Countries across the globe generally have cancer treatment services like surgery to treat cancer, chemotherapy at a subsidized rate and cancer research centers/departments.

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Followed by North America and Europe, comes Asia Pacific in terms of market share. The emerging economies like India and China are major growth drivers of this market. Increasing instances of cancer and fast-developing healthcare infrastructure, along with the growth in the medical tourism, have roused the oncology adjuvants market. This region is going to witness highest CAGR during the forecast period.

Global Oncology Adjuvants Market- Major Players:

Currently, the global Oncology Adjuvants market is highly competitive owing to the involvement of many established players and government policies. Some of the key players in the global Oncology Adjuvants market are Eli Lilly Co., Amgen, Inc., BMS, Biogen, Sanofi, AstraZeneca PLC, and Pfizer, Inc and many others.

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