Solid Tumors Treatment Market To Garner High Revenues By 2026, Global Industry Outlook, Size, Growth, Share, Analysis By Treatment Technology, Trends, Demand, Key Players, And Regional Data Statistics

An abnormal mass or lump of tissues without liquid or cysts is known as solid tumor. Tumor is not cancerous always. It is classified as malignant tumor (cancerous) and benign tumor (non-cancerous) based on the nature of tumor. On the basis of cell type, tumors are classified as carcinomas, sarcomas, and lymphomas. Solid tumors occur in several places such as muscle, bone, and organs. Solid tumors can either be prevented or can be treated using a combination of surgery, chemotherapy, and radiation therapy. However, new forms of treatment are emerging in the market.

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Emerging trend of biosimilar therapy is expected to drive the solid tumors treatment market growth

According to data published in International Journal of Pharma Sciences and Research (IJPSR) in 2011, there were around 9 million deaths due to cancer. Rising prevalence of solid tumors is a major factor driving the solid tumors treatment market growth. Other factors that drive growth of the market include unmet demand for cancer treatment and rising investment in the research and development of cancer drugs. However, factors such as rising number of generic therapeutic products, high cost of cancer therapy, and growing drug patent cliff are restraining growth of the solid tumors treatment market.

Furthermore, emerging trend of biosimilar therapy is driving growth of solid tumors treatment market due to its low cost and similarity to originator compound. Some of the biologics available for solid tumor treatment includes Herceptin, MabThera, Avastin, and Erbitux.

Among therapy, chemotherapy segment holds the maximum share in solid tumors treatment market due to its efficacy by combining with some other therapies to treat solid tumors.

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Solid Tumors Treatment Market Taxonomy

 On the basis of therapy, solid tumors treatment market is segmented into

• Radiotherapy
• Chemotherapy
• Immunotherapy
• Hormone therapy
• Targeted therapy

On the basis of application, solid tumors treatment market is segmented into

• Lung cancer
• Breast cancer
• Prostate cancer
• Cervical cancer
• Colorectal cancer
• Others

On the basis of end-user, solid tumors treatment market is segmented into

• Hospitals
• Cancer treatment Centers

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Increasing incidence of solid tumor cases in North America is driving growth of the solid tumors treatment market in the region

On the basis of region, the global solid tumors treatment market is segmented into North America, Latin America, Europe, Asia Pacific, Africa, and the Middle East. North America holds dominant position in the solid tumors treatment market, owing to the presence of well-established healthcare infrastructure and increasing number of solid tumor cases. For instance, according to the data provided by Centers for Disease Control and Prevention (CDC) in 2013, around 230,815 females and 2,109 men in the U.S. were diagnosed with breast cancer. Asia Pacific is expected to exhibit growth in the solid tumors treatment market, owing to rising healthcare expenditure, increasing patient population, and increasing medical tourism in this region.

Advanced drug therapy is expected to aid industry players to sustain in the solid tumors treatment market

Advancements in cancer therapy such as nanomedicines used for the treatment of cancer is expected to aid industry players in providing effective patient care in solid tumors treatment. However, stringent regulatory policies for manufacturing drugs is expected to hamper growth of the solid tumors treatment market. For instance, by regulations provided by the government of India in late 2012, there are cap prices of 348 drugs on Essential Drug List (EDL) and drug manufacturers need to keep the cost of their drugs below the ceiling price.

Key players operating in the solid tumors treatment market include Abbott Laboratories Inc., Biogen Idec Incorporated, AstraZeneca Plc., Johnson & Johnson Company, Amgen Inc., Bristol Myers Squibb Company, GlaxoSmithKline Plc., Sanofi, and Baxter International Incorporated.

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Table of Content

Global Solid Tumors Treatment Market Research Report
Section 1: Global Solid Tumors Treatment Industry Overview
Section 2: Global Economic Impact on Solid Tumors Treatment Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Solid Tumors Treatment Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Solid Tumors Treatment Market Forecast

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