Global Pancreatic Cancer Market: Overview
The pancreas is anatomically so placed that any growth here affects multiple organs like the stomach, gall bladder and intestines. Cancer results from repeated injury from inflammatory food in the diet. Tobacco and alcohol are major causative agents. The patient suffers from debilitating pain and loss of appetite which ultimately lead to death in most cases. Given the increased consumption of processed foods and alcohol worldwide, the market for pancreatic cancer treatment is set to increase, notes TMR, over the forecast period of 2020 to 2030.
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Global Pancreatic Cancer Market: Competitive Landscape
These market players are keeping in-step with growing demands for treatment of pancreatic cancer through increasing research and development and a keen focus on innovation. Acquiring machine component factories and increasing outreach to healthcare facilities are a few strategies by which they plan to carve off a larger share. Some of the top players are:
- OncoGenex Pharmaceuticals Inc.
- Pharmacyte Biotech Inc.
- Diffusion Pharmaceuticals
- Oncolytics Biotech
- Sun BioPharma, Inc.
- Polaris Pharmaceuticals, Inc.
- Clovis Oncology
- Eli Lilly and Company
- Midatech Pharma PLC
- F. Hoffmann-La Roche AG
- Celgene Corporation
- Novartis International AG
- Amgen, Inc.
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Global Pancreatic Cancer Market: Key Trends and Drivers
- Global alcohol consumption has increased by 70% between 1990 and 2017. Also, one in five adults smokes tobacco. Both of these are prominent risk factors for pancreatic cancer. With a fast paced lifestyle that allows little time to decongest and connect with family, the consumption of supportive substances like these two is due to increase globally, and so shall the incidence of pancreatic cancer.
- Diabetes too increases the risk for this form of cancer. The global prevalence of diabetes has risen from 4.7% to 8.5% between 1980 and 2014. Increased standards of healthcare make it possible to deal with diabetic complications and end results, of which pancreatic cancer is an ominous part. With better surgical techniques and chemotherapeutic agents available today, the pancreatic cancer market is better equipped to deal with cases.
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Global Pancreatic Cancer Market: Regional Analysis
North America and Europe currently dominate the market scenario because of a robust healthcare infrastructure that is set to witness rising number of cases of pancreatic cancer in these regions. The Asia Pacific region (APAC) is expected to register the fastest growth in this market given the rise in consumption of alcohol and tobacco by the population and a healthcare sector that is responding to diseases from such lifestyle changes.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
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