Global Thyroid cancer Market worth to reach USD 544.24 million by 2021.


Posted September 27, 2017 by Mounika

The Global Market for Thyroid cancer was USD 175.16 million in 2016. Thyroid cancer market is expected to grow at a CAGR of 25.45% to reach USD 544.24 million by 2021.
 
Thyroid tumor is basically treated by surgery and radiotherapy. Chemotherapy has less part to play in the treatment. Essentially doxorubicin is utilized as an off-label drug for treating the patients with a plastic thyroid cancer; likewise, some other off-name medications, for example, cisplatin and carboplatin are utilized, however they have brought down response rates. The high development figure for the thyroid growth therapeutics market is essentially credited to a strong pipeline.

Thyroid cancer Market is strong, as there are 27 molecules which are in different stages of development. There are four molecules in Phase III (3) and Pre-registration (1). These drugs most probably get approved in the next 7 years. Zactima, XL184 and, Zybrestat have been granted orphan drug status by the FDA.

Once the above molecules get approved, it will Intensify the competition in Thyroid Cancer Market which results in substantial growth in the market. Current competition in Thyroid cancer market is very less. Some effective treatments like Surgery exists and chemotherapy drugs are also used. Companies such as Doxorubicin which aims at managing conditions are prone to get larger success in future.

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Thyroid Cancer Market can be segmented based on treatment and End user broadly. Based on Treatment market for thyroid cancer can be segmented into iodine therapy, surgery, External radiotherapy, chemotherapy, Thyroxin treatment, Drugs. Further Chemotherapy is segmented into Doxorubicin and Cisplatin. Drugs can also be segmented into two. They are Radioiodine and Levothyroxine. Based on End user market for thyroid cancer can be segmented into Oncology centers, Hospital, Pharmacies Hospital, and Retail Pharmacies. By region, Market can be segmented as North America, Asia-Pacific, Latin America, Europe and Middle East and Africa.

Key players of Thyroid cancer market are Mylan pharmaceuticals Inc., Alara Pharmaceutical Corporation, Bristol Myers co., Teva parenteral medicines Inc., Jerome Stevens Pharmaceuticals Inc. Baxter International Inc., Abbott laboratories and App pharmaceuticals llc.

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Scope of the report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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Issued By Market Data Forecast
Country India
Categories Health
Tags global thyroid cancer market , thyroid cancer market value
Last Updated September 27, 2017