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Cervical Cancer Treatment Market to Expand with Significant CAGR by 2027

Author: Sneha Talankar
by Sneha Talankar
Posted: Aug 03, 2019

Global Cervical Cancer Treatment Market: Overview

Treatment of cervical cancer-which is characterized by the uncontrolled development of cervical cells–will be the subject of considerable demand over the coming years, given early cancer diagnostics resulting from growing awareness. Cervical cancer grows in the cervix cells. Human Papilloma Virus strains (HPV) play a role in causing most cervical cancers, a sexually transmitted infection. The disease starts when a mutation occurs in healthy cells leading to cell growth without control.

This illuminative study on the global cervical cancer treatment market discussed the key determinants influencing the industry, with in-depth analysis of the trends that are likely to shape the global market. The research report provides significant insights about the competitive landscape with focus on the leading drivers and possible restraints of the global cervical cancer treatment market.

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Global Cervical Cancer Treatment Market: Notable Developments

A few notable developments influencing the global cervical cancer treatment market include:

  • The American Cancer Society awarded US$ 9,3 million in funding for cervical cancer for 22 distinct types of grants in March 2018. This sum can be given to a particular form of cancer for a single or group of researchers.
  • The National Cervical Screening Program (NCSP), Australia, aims to reduce cases of cervical cancer in the region. National NCSP, Australia. In the course of this programme, a cervical test that examined human papilloma (HPV) was substituted by a Pap test in December 2017— 99 percent of the patients suffering almost from cervical cancer.
  • The Institut Curie initiated a fresh trial, known as NiCOL, focusing on late-stage cervical cancer patients. The scientists are asked to evaluate the optimum doses of NiCOL, monoclonals, and its immunological and genetic mechanisms during the pelvic chemotherapy phase to estimate the clinical effectiveness of NiCOL.

Leading players operating in the global cervical cancer treatment market are Biocon Ltd., AstraZeneca PLC, F. Hoffmann-LA Roche AG, GlaxoSmithKline PLC; Bristol-Myers Squibb, and Merck & Co.

Global Cervical Cancer Treatment Market Dynamics

Escalating Incidence Rate of Cancer to Fuel Cervical Cancer Treatment Market

The World Healthe World Health Organization (WHO) indicated that cancer is the world’s leading cause of a total of 8.8 million fatalities in 2015. Mainly the growing incidence of cervical cancer and the increased knowledge of cervical cancer among females are the cause behind cervical cancer. The growing demand for early diagnosis and therapy of cervical cancer will also stimulate market growth during the evaluation period. The high cost of therapy can, however, restrict market growth.

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Currently, Gardasil and Cervarix are two commercial vaccines. Options for treatment include biologics like Avastin, topotecan, cisplatin, bleomycin, fluorouracil, paclitaxel, carbohydrates, and doxorubicin. FDA-approval medicines such as ifosfamide (Ifex) and doxorubicin (Adriamycin) are easily accessible and have contributed much cheaper to the development of the worldwide cervical cancer industry. Both are in the WHO Essential Pharmaceutical List. This market continues a main unmet requirement for the growth of targeted treatments with increased efficiency and lower price. However, a growing focus on research and development activities in cervical cancer treatment, are expected to bolster the global market in coming years.

North America Cervical Cancer Treatment Market to Dominate

In the global cervical cancer market, North America was the dominant region and its dominance over the period anticipated. This development is due to an increased amount of patients, an increased market penetration of medicines and simple access to sophisticated therapies.

In developing and underdeveloped areas, mainly Asia and Africa, almost 75 percent of all cervical cancers occur, according to WHO. This could be accounted to medically restricted infrastructure and low knowledge of diagnosis and therapy. Governments have expanded awareness-raising projects in developing countries to educate females about early diagnostic testing and therapy. This could fuel the cervical treatment market in these regions in forthcoming years.

About the Author

Transparency Market Research (Tmr) is a U.S.-based provider of syndicated research, customized research, and consulting services.

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Author: Sneha Talankar

Sneha Talankar

Member since: May 10, 2018
Published articles: 1372

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