Impact of Existing and Emerging Brain Tumor Treatment Market Trends and Forecast 2016-2026

Impact of Existing and Emerging Brain Tumor Treatment Market Trends and Forecast 2016-2026

Brain Tumor Treatment
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016
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Report
Description
Report Description
A brain tumor is an abnormal and uncontrolled proliferation of cells in the brain. It can be
benign or malignant. Brain tumor arises from brain tissue and rarely spreads. The tumor
eventually compress and damage other structures in the brain. According to American
Brain Tumor Association (ABTA), there are two types of brain tumors - primary and
secondary. Primary tumors arises from brain tissue and secondary tumors arises from
other parts of the body and spreads to brain. Gliomas are most common type of primary
tumors which arises from brain’s glial tissue. Glioblastoma multifome is a fast growing
and of higher grade when compared to other tumors. Advanced medications are
available to treat the brain tumors. Increasing pharmaceutical R&D spending is expected
to provide the lucrative growth for the global brain tumor treatment market over the
forecasted period.
Brain Tumor Treatment Market: Drivers and restraints
Increasing incidence of brain tumor (Glioblastoma) is one of the leading factor driving the
growth of the market globally. For instance, as per the American Society of Clinical
Oncology (ASCO), brain tumor incidence rate growing at 2.6% compared to the last year.
An estimated 22,850 cases diagnosed with primary cancerous tumors of the brain in the
U.S. Furthermore, increasing geriatric population is also driving the brain tumor market.
Increasing consumer awareness regarding the latest technological advancements in
therapies, and medications are responsible for the growth of global brain tumor
treatment market.
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Description
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Brain Tumor Treatment Market: Segmentation
Global Brain Tumor Treatment Market can be segmented as following types
By Product:
• Temozolomide
• Carmustine
• Cisplatin
• Bevacizumab
• Geftinib
• Erlotinib
By End user:
• Hospital Pharmacies
• Ambulatory Surgical Centers
• Individual Pharmacies
Report
Description
Report Description
Brain Tumor Treatment Market: Overview
Increase in incidence rate of brain tumor has fuelled the demand for effective treatment.
As such, global companies are spending significant portion of their revenue on R&D to
develop novel medications. Many products related to novel drug delivery technologies
are lined up for FDA approval. Increasing demand for advance medication to treat brain
tumors is expected to fuel overall growth of the market.
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Brain Tumor Treatment Market: Region-Wise Outlook
Depending upon the geographic regions brain tumor treatment market segmented into
seven key regions: Those are North America, Latin America, and Eastern Europe, Western
Europe, and Asia pacific excluding japan, Japan, Middle East and Africa.
North America and European region is expected to dominate the global brain tumor
market throughout the forecast period, owing to increasing incidences of glioblastoma
coupled with technological advancements.
Though North America and Europe are expected to lead the market, Asia Pacific is
anticipated to witness robust growth. Significant increase in incidence rate of brain
tumors along with shifting of locus of economic activity and dynamism to this region is
expected to boost the demand for drugs responsible for brain tumor treatment.
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Latin America and MEA are expected to witness moderate growth during the forecast
period. Companies need to capitalize their resources in emerging regions to gain market
share in brain tumor treatment market.
Brain Tumor Treatment Market: Key players
Key players in the brain tumor treatment market are Genetech U.S.A, Bristol Myers
Squibb, Hoffmann- La Roche, AstraZeneca plc, Pfizer, Inc., Novartis AG, Antisense Pharma,
Merck & Co, Macleods Pharmaceutical Limited, Mankind Pharma, Dr. Reddys
Laboratories Ltd.
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