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The taxane market is expected to reach USD 2.88 billion by 2027 witnessing market growth at the rate of 6.0% in the forecast period of 2020 to 2027. The rising prevalence of oncology disorders worldwide and in emerging market is the factor responsible for the growth of the taxane market.
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Taxanes are the class of anti-cancer drugs that act by binding to tubulins/microtubules that are important for the functioning of cell division. Taxanes are anti-neoplastic agents used for cancer chemotherapies that promote the polymerization of tubules into highly stable and intracellular microtubules.
The adoption of unhealthy lifestyles such as obesity & smoking, physical inactivity, alcohol consumption, unhealthy diet are the factors responsible for the growth of the taxane market. In addition, some infections that are prevalent in low-income and middle-income countries such as hepatitis B, human papilloma virus (HPV) and HIV infection also aid to boost up the global taxane market. But, the lack of patient awareness and stringent FDA guidelines for the drug approval of new drug may hamper the taxane market.
Taxane Market Scope and Market Size
The taxane market is segmented on the basis of type, treatment, route of administration, end-users and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the taxane market is segmented into docetaxel and paclitaxel.
- On the basis of treatment, the taxane market is segmented into medication.
- On the basis of route of administration, the taxane market is segmented into parenteral and others.
- On the basis of end-users, the taxane market is segmented into hospitals, specialty clinics and others.
- On the basis of distribution channel, the taxane market has also been segmented into hospital pharmacy, retail pharmacy and others.
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Global Taxane Market Country Level Analysis
Global taxane market is analysed and market size information is provided by country, type, treatment, route of administration, end-users and distribution channel as referenced above.
The countries covered in the taxane market report are the U.S., Canada, Mexico in North America, Brazil, Argentina, Peru, Rest of South America, as part of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, in the Asia-Pacific, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa, as a part of Middle East and Africa.
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Competitive Landscape and Taxane Market Share Analysis
Global taxane market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to taxane market.
The major players covered in the taxane market are Taxane Healthcare, Phyton, ScinoPharm Taiwan, Novasep, Samyang, Polymed, Teva Pharmaceutical Industries Ltd, Fresenius Kabi AG, Huiang biopharma, Southpharma among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.