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The global endometrial cancer therapeutics market is expected to grow at a CAGR of more than 5% during the forecast period
Endometrial cancer therapeutics industry growth is expected to accelerate over the next five years, driven by increasing prevalence of endometrial cancer. The Americas will drive more than 43% of the growth of the endometrial cancer treatment industry, while EMEA and APAC are also predicted to make significant contributions to the incremental growth in the forecast period. According to an article published by National Center for Biotechnology Information (NCBI) in 2017, around 60,050 cases of endometrial cancer were diagnosed in the US. The Americas held the largest market share in 2017 followed by EMEA and APAC. However, APAC and EMEA are likely to witness a larger growth during the forecast period than the Americas. Technavio’s endometrial cancer therapeutics industry analysis reveals promising markets around the world.
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Growing cases of endometrial cancer will drive the growth of the market
Endometrial cancer is regarded as one of the most common gynecological malignancies, and the rate of incidence of this type of uterine cancer is growing rapidly across the globe. The number of drug molecules in the pipeline for endometrial cancer treatment is increasing at a significant pace which is expected to foster the growth of the endometrial cancer therapeutics market. Around 80% of all endometrial cancer incidences are caused by factors such as high exposure to estrogen, changing lifestyle, and socioeconomic factors that are surging the rate of prevalence. This rapidly growing rate of prevalence of endometrial cancer is expected to drive the demand for treatment of endometrial cancer over the coming five-year period.
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CELGENE, Janssen Pharmaceuticals, and Novartis are among the leading vendors
Most of the leading vendors in the global endometrial cancer therapeutics market are expected to undertake clinical trials for immune therapies as this therapy works by hindering or slowing the growth of cancer cells. Many companies are engaging in mergers and acquisitions to fortify their position in the global endometrial cancer therapeutics market. Many international and regional vendors are vying for their share of the market, and players must differentiate themselves to gain vital traction over their peers.
This report offers a complete analysis of several companies, including:
- CELGENE
- Janssen Pharmaceuticals
- Novartis
- Pfizer
- Teva Pharmaceutical Industries
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