Differentiated Thyroid Cancer Therapeutics Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028


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According to WHO thyroid cancer therapeutics, differentiated thyroid cancer is divided into papillary and follicular thyroid cancer. These cancer types are called as differentiated cancer since papillary and follicular thyroid cancer differ in their biological behavior and may require distinct therapeutic approach. Differentiated thyroid cancer are most common type of thyroid cancer and most curable among other cancers. According to Surveillance, Epidemiology, and End Result Program of Nation Cancer Institute survival rate of thyroid cancer patients after 5 years of first diagnosis is 98.2%. According to The National Cancer Institute, thyroid cancer represented approximately 3.8% of all new cases in 2016. Differentiated thyroid cancer is commonly diagnosed between the ages of 30 and 60, although it can occur at any age. Female are affected 3 times more often than the males. Increasing size of nodule in patient is the primary symptom of differentiated thyroid cancer. Cough, dyspnea and dysphagia are the symptoms of advanced stage. Treatment includes surgery, followed by medication treatment.

Differentiated Thyroid Cancer Therapeutics Market: Drivers and Restraint

Differentiated thyroid cancer therapeutic market is expected to be driven by theincreasing prevalence and incidence rate of differentiated thyroid cancer. Increasing awareness about the cancer disease, raising government funds and reimbursement policies are the key factors which are expected to propel the overall differentiated thyroid cancer therapeutic market. Differentiated thyroid cancer falls in the orphan disease category according to the definition provided by US FDA. Orphan drug designation to the differentiated thyroid cancer therapeutic is also expected to drive the growth of market since, the drugs are given special privileges by governments.

Differentiated Thyroid Cancer Therapeutics Market: Segmentation

The global differentiated thyroid cancer therapeutics market can be segmented by treatment, end user and region.

On the basis of treatment the global differentiated thyroid cancer therapeutics market can be segmented into:

  • Radioiodine Ablation

  • Thyroid Stimulating Hormone (THS) Suppression

  • Chemotherapy

  • Targeted Multikinase Therapy

  • Others

On the basis of end user the global differentiated thyroid cancer therapeutic market can be segmented as:

  • Hospitals

  • Oncology Canters

  • Hospital Pharmacies

  • Retail Pharmacies

Differentiated Thyroid Cancer Therapeutics Market: Overview

The global differentiated cancer therapeutic market is expected to show significant growth over the forecast period due to increasing prevalence of thyroid cancer, increasing geriatric population as this disease is more prominent in elderly patients. Market of differentiate cancer therapeutics is expected to show significant growth over the forecast period due to strong drug pipeline and regulatory environment to approve drugs. Radioiodine ablation segment dominates the global differentiated thyroid cancer therapeutic market and is expected to continue to dominate the market due to effectiveness of the therapy.

Differentiated Thyroid Cancer Therapeutics Market: Region Wise Outlook

Geographically, the global differentiated thyroid cancer therapeutic market can be segmented into regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan and Middle East & Africa.  North America dominates the global differentiated thyroid cancer therapeutics market and is expected to continue to dominate the market over the forecast period owning to better reimbursement policies, advanced healthcare facilities and increasing geriatric population. Better intellectual properties laws that allow companies to set high price for their products is also expected to be factor for the dominance of North America. Asia Pacific region is expected to be fastest growing market for the differentiated thyroid cancer therapeutics market owning to large patient pool and increasing focus of pharmaceutical companies on emerging economies, especially India and China.

Differentiated Thyroid Cancer Therapeutics Market: Key Players

Some of the key players in the global differentiated thyroid cancer therapeutics market are, Mylan pharmaceuticals Inc., Baxter International Inc., Alara Pharmaceutical Corporation, Abbott laboratories, Bristol Myers co., Teva parenteral medicines Inc., Jerome Stevens Pharmaceuticals Inc., and App pharmaceuticals llc. Major focus of the companies is on expansion into emerging market and companies are undergoing collaboration with local players to market their products.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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