A recent report published by Infinium Global Research on metastatic breast cancer treatment market provides an in-depth analysis of segments and sub-segments in the global as well as regional metastatic breast cancer treatment industry
Pune, India -- (SBWIRE) -- 11/27/2019 -- The Infinium Global Research analyzes the "Metastatic Breast Cancer Treatment Market (Treatment Type - Chemotherapy, Radiation Therapy, Biologic Targeted Therapy, Breast Surgery, and Hormone Therapy; End User - Hospitals, Clinics, and Other Users): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025". Metastatic Breast Cancer Treatment Market was valued at USD 13,841.0 Million in 2018 and is expected to reach USD 26,054.0 Million by 2025, at a CAGR of 9.40% between 2019 and 2025.
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Metastatic breast cancer is a stage of breast cancer in which the disease has spread to distant sites beyond the axillary lymph nodes. Metastatic breast cancer spreads to other parts of the body. It is also called stage-IV breast cancer. Metastatic breast cancer is most commonly spreading to the bones, lungs, liver, and brain. Breast cancer is the most primarily occurring cancer in women and the second most common cancer worldwide. There is an extensive range of treatment alternatives for metastatic breast cancer, and new medicines are being assessed daily.
Prevailing Exposure to Ionizing and Poor Diagnosis Gives Hike to Metastatic Breast Cancer Treatment Market
Factors such as increasing tobacco consumption, lack of physical activity, exposure to ionizing and UV radiation leads to a rise in the number of breast cancer cases. This is a major factor that drives the metastatic breast cancer treatment market. Increasing awareness among the peoples and initiative taken by the governments are also fueling the growth of the market. Poor diagnosis is one of the factors estimated to increase the overall metastatic breast cancer treatment market.
However, the side effects of the treatment and unavailability of effective treatment for metastatic breast cancer hampers the growth of the market. Increasing clinical trials and funding for research in treatments creates opportunities for the metastatic breast cancer treatment market.
The surge in Treatments and Demand from End-Users
The metastatic breast cancer treatment market is segmented on the basis of treatment type and end-user. On the basis of treatment type, the market is segmented into chemotherapy, radiation therapy, biologically targeted therapy, breast surgery, and hormone therapy. In chemotherapy cancer cells are destroyed by using drugs, usually by ending the cancer cells' ability to grow and divide. In radiation therapy, high-energy x-rays are used to kill cancer cells. Breast surgery includes the removal of a tumor and some surrounding healthy tissue during an operation. Hormone therapy is an effective treatment for many tumors that test positive for either ER or PR. On the basis of the end-user, the sub-markets include hospitals, clinics, and other users.
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Propelling Regions in the World
Among the geographic regions, North America is the largest revenue making region for the metastatic breast cancer treatment market followed by Europe. It is due to increased diagnosis of disease and enhanced healthcare infrastructure. The Asia-pacific market is expected to grow in the future owing to improving reimbursement policies, large investments by market players in these regions as well as increased funding for treatment in low and middle-income regions.
Metastatic Breast Cancer Treatment Market: Competitive Analysis
Some of the industry participants of the global metastatic breast cancer treatment market are F. Hoffmann-La Roche AG, Pfizer Inc., Novartis AG, Merck & Co., Inc., Eli Lilly and Company, GlaxoSmithKline Plc, Johnson and Johnson, AstraZeneca Plc, Bayer AG, Sun Pharmaceutical Industries Ltd among the others. Recently, a novel approach to immunotherapy developed by researchers at the National Cancer Institute (NCI) has directed to the complete regression of breast cancer in a patient who was unresponsive to all other treatments.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the metastatic breast cancer treatment.
=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.