Biometrics Services Market Global Industry Analysis, size, share and Forecast 2014-2020

Soft tissue is also known as supportive tissue surrounding various organs present in the body. It includes adipose tissue, blood vessels, fibrous connective tissue, lymph vessels, skeletal muscle, and the peripheral nervous system. Soft tissue tumor is a type of cancer that occurs in soft tissues of the body, including lymph vessels, tendons, muscle, fat, blood vessels, tissue covering joints, and nerves. Soft tissue tumors are classified into either benign or malignant, while the rest are of intermediate nature. Benign soft tissue tumors occur 10 times more frequently than malignant ones. Soft tissue tumors can occur anywhere in the body, but most often form in the legs, arms, or chest. Approximately 45% of soft tissue tumors occur in the lower extremities, 15% in the retroperitoneum, 15% in the upper extremities, 10% in the head-and-neck region, and the remaining 15% in the abdominal and chest wall. Both children and adults are equally affected; however, the age adjusted annual incidence of soft tissue tumors range from 15 years to 35 years per 1 million population. The incidence increases steadily with age and is slightly higher in men compared to women. People with genetic disorders or gene mutation are at higher risk of developing soft tissue tumors.

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The global benign and malignant soft tissue tumors treatment market can be segmented based on treatment type, end-user, and region. In terms of treatment type, the market can be categorized into targeted therapy, chemotherapy, anti-angiogenesis drugs, radiation therapy, and surgery. Chemotherapy treatment generally involves a combination of various anti-neoplastic agents. The commonly used drugs include ifosfamide and doxorubicin. The other chemotherapeutics agents include dacarbazine, paclitaxel, cisplatin, eribulin, oxaliplatin, and vincristine. Chemotherapy and targeted therapy are anticipated to dominate the benign and malignant soft tissue tumors treatment market during the forecast period. Based on end-user, the global benign and malignant soft tissue tumors treatment market can be classified into hospitals, ambulatory surgical centers, and others. Multi-specialty hospitals are anticipated to gain the highest market share during the forecast period. Rise in incidence and prevalence of soft tissue tumor, increased research and development expenditure, significant pipeline of drugs, growing awareness among people are the factors that contribute to the growth of the market. However, high cost of treatment and side effects associated with it, disappointing results of promising pipeline molecules, and stringent government regulations are likely to hamper the market.

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Geographically, the global benign and malignant soft tissue tumors treatment market can be segmented into five major regions: North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America is anticipated to dominate that global market, followed by Europe. High incidence of soft tissue tumors, growing awareness among people, increased research and development expenditure, and well-established health care infrastructure contribute to the growth of the market. The market in Asia Pacific is anticipated to expand at a high CAGR during the forecast period, driven increased government initiatives and developing health care infrastructure in India and China. The market in Latin America and Middle East & Africa is anticipated to grow during the forecast period, owing to increase in investments by market players in these regions and rise in prevalence of soft tissue tumors.

Leading players in the global benign and malignant soft tissue tumors treatment market include Eli Lilly and Company, Pfizer, Inc., Bristol-Myers Squibb, F. Hoffmann-La Roche AG, Johnson & Johnson, Inc. Teva Pharmaceuticals, GlaxoSmithKline, and Celgene Corporation.

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