Market Highlights
There are two major types of pancreatic cancer, endocrine pancreas cancer and exocrine pancreas cancer. The patient with pancreatic cancer are more susceptible to jaundice, weight loss, diabetes, or pain in the stomach area or back. The mortality is increasing with the increasing prevalence of this type of cancer many countries. Thus, it requires regular surveillance.
Increasing prevalence of pancreatic cancer, rising demand for better treatment, increasing investment in biotechnology and pharmaceutical industries for R&D, Moreover, increasing government support for research & development, changing lifestyle, and rapidly developing technology are expected to fuel the market during the forecast period. However, high cost of the treatment may slow the market growth during the period 2017-2023.
Key Players for Global Pancreatic Cancer Market
Some of key the players in the market are Pharmacyte Biotech Inc. (U.S.), OncoGenex Pharmaceuticals Inc. (U.S.), Oncolytics Biotech (Canada), Diffusion Pharmaceuticals (U.S.), Polaris Pharmaceuticals, Inc. (U.S.), Sun BioPharma, Inc. (U.S.), Midatech Pharma PLC (U.K.), Eli Lilly and Company (U.S.), Celgene Corporation (U.S.), F. Hoffmann-La Roche AG (Switzerland), Amgen, Inc. (U.S.), Novartis International AG (U.S.), Clovis Oncology (U.S.), and others.
Segments for Global Pancreatic Cancer Market
The Americas dominate the global Pancreatic Cancer Treatment Market Share owing to well-developed technology, increasing patient with cancer, high health care spending, and increasing government support for research & development. Furthermore, increased R&D activities and the concentration of major companies have fuelled the growth of the market in this region.
Europe holds the second position in the global pancreatic cancer market owing to the government support for research & development and availability of funds for research. This is expected to continue to drive the European market over the forecasted period. For instance, countries like Germany and France are increasing investment in the healthcare domain.
Asia Pacific is the fastest growing pancreatic cancer market owing to the presence of rapidly developing healthcare technology, huge patient population, and high healthcare expenditure. Moreover, increasing demand for new treatment methods in countries like India and South Korea is likely to emerge as the fastest growing market across the globe.
On the other hand, in the Middle East and Africa, pancreatic cancer has become a huge problem due to limited screening, ignorance of diseases, and poor access to treatment.
Segments for Global Pancreatic Cancer Market
The Global Pancreatic Cancer Market is segmented on the basis of types, treatment, and end user.
On the basis of the type, it is segmented into endocrine pancreas cancer, exocrine pancreas cancer, and others.
On the basis of the treatment, it is segmented into chemotherapy, surgery & radiation therapy, targeted therapy, biologic therapy, hormone therapy, and others. Furthermore, the chemotherapy is segmented into antimetabolites, anthracyclines, taxanes, and alkylating agents. The targeted therapy is sub-segmented into tyrosine kinase inhibitors and monoclonal antibodies. And the hormone therapy is sub-segmented into estrogen-receptor modulators, aromatase inhibitors, and others.
On the basis of the end user, it is segmented into hospitals & clinics, research institute, and others
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