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HER2-negative breast cancer is a type of breast cancer that is characterized by low levels of HER2 gene expression. The cancers which have detectable hormone receptors are known as HR positive breast cancer, whereas those with HER2-negative have low levels of HER2 proteins. The global market for HER2-negative breast cancer is envisaged to post a strong market growth rate of close to 16% by 2019. Factors like its ability to cater to the unmet needs of the patients are expected to impel growth in this market during the forecast period.
Technavio’s market research analysts have estimated the Americas to dominate this market during the forecast period followed by the EMEA and the APAC regions. In the Americas, the US is estimated to be the highest revenue contributor due to factors like high-unmet medical needs of patients and the expected launch of pipeline products in the next four years.
This market is highly competitive and contains numerous local and multinational players. The local vendors in this market supply chemotherapeutic drugs to treat this condition and, therefore, are rapidly gaining traction in this market.
Leading vendors in this market are -
Other prominent vendors are AbbVie, AstraZeneca, BioMarin, Bristol-Myers Squibb, Eisai, Eli Lilly, Galena Biopharma, Incyte, Merck, Merck Serono, Merrimack, Nektar, and Tesaro.
Small molecules are entities that are characterized by low molecular weight and ease of penetration. This segment consists of molecules that are natural or synthetic in origin and are used to treat patients suffering from HER2-negative breast cancer.
Technavio’s market research analyst has estimated the oral route of drug administration to be one of the safest and most preferred routes of drug administration. Drugs administered by this route first undergo metabolism and are mostly absorbed by the small intestine. This route of administration is a sub-division of enteral administration and is considered to be safe for the patients.
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