Lucrative Opportunities in United State Foster Growth in Italy Peptide Receptor Radionuclide Therapy (PRRT) Market

Italy Peptide Receptor Radionuclide Therapy (PRRT) Market top level players are analyzed in report based on current and future development status, and Italy Peptide Receptor Radionuclide Therapy (PRRT) Market estimations from 2020 to 2027 in terms of revenue and volume. This report provides strategic recommendations consulted by the industrial experts including market share worldwide, future outlook, cost profit structure, supply, raw materials, labour cost, manufacturing expenses, latest market trends, demands, ROI.

The Italy Peptide Receptor Radionuclide Therapy (PRRT) Market report analyse the manufacturing cost of the product, which is very important for the manufacturer and competitors, raw material price, manufacturing process cost, labour cost, energy cost, all these kinds of cost will affect the market trend, to know the manufacturing cost better, to know the Italy Peptide Receptor Radionuclide Therapy (PRRT) Market better.

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Drivers

Due to the lack of competition and a demand for peptide receptor radionuclide therapy in Italy, main players have a lot of opportunities to join the market.

Furthermore, the rising prevalence of cancer in Italy is driving growth of the Italy peptide receptor radionuclide therapy (PRRT) market. These trends are building opportunities for businesses to concentrate on innovative drug discovery and development. According to a study by the Italian Association of Medical Oncology, around 71,000 new cases of cancer were diagnosed in April 2019.

The valuation of the Italy Peptide Receptor Radionuclide Therapy (PRRT) market was estimated at US$ 3.6 million in 2019 and is forecast to grow at a CAGR of 9.2 percent from 2019 to 2027.

Another trend driving demand development is the rising prevalence of pancreatic cancer, as well as the availability of cancer medication reimbursement.

Over the forecast period, the rising prevalence of pancreatic cancer in Europe is expected to drive growth of the Italy peptide receptor radionuclide therapy (PRRT) market. According to a survey published by the United European Gastroenterology Society, the number of pancreatic cancer cases in Europe increased by 5% between 1990 and 2016.

The European Medicines Agency (EMA) is a key player in the development and approval of medicines for rare diseases, also known as “orphan medicines.” In Italy, the Italian Medicines Agency (AIFA) and pharmaceutical firms negotiate the costs of orphan drugs and compensation by the National Health Service. In Italy, ODs are eligible for a 38 percent reimbursement, which requires peptide receptor radionuclide treatment (PRRT).

Restraints

The high cost of cancer care, which includes diagnosis and surgical treatment, is a significant factor that is likely to limit business development. According to a 2016 survey by the Economist Intelligence Unit Limited, lung cancer care costs have become a financial burden in Italy. The average cost of lung cancer therapy was reported to be around US$ 18.31 billion in 2013.

In Italy, there is currently only one licensed PRRT drug, which is used to treat somatostatin receptor positive gastroenteropancreatic neuroendocrine tumors (GEP-NETs) in adults, including foregut, midgut, and hindgut neuroendocrine tumors. Therefore, a shortage of different drugs is another major factor limiting the market’s expansion.

Furthermore, the market’s growth is likely to be limited by the high cost of care. The medication Lutathera from Novartis costs US$ 99,900 for a complete course of therapy that includes four infusions.

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Italy Peptide Receptor Radionuclide Therapy (PRRT) Market – Competitive Landscape

Key players functioning in the global prosthetic liners market consists of Novartis International AG

Main points in Italy Peptide Receptor Radionuclide Therapy (PRRT) Market Report Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global Italy Peptide Receptor Radionuclide Therapy (PRRT) Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Italy Peptide Receptor Radionuclide Therapy (PRRT) Industry Impact

Chapter 2 Global Italy Peptide Receptor Radionuclide Therapy (PRRT) Competition by Types, Applications, and Top Regions and Countries
2.1 Global Italy Peptide Receptor Radionuclide Therapy (PRRT) (Volume and Value) by Type
2.3 Global Italy Peptide Receptor Radionuclide Therapy (PRRT) (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Italy Peptide Receptor Radionuclide Therapy (PRRT) Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Italy Peptide Receptor Radionuclide Therapy (PRRT) Market Analysis
Chapter 6 East Asia Italy Peptide Receptor Radionuclide Therapy (PRRT) Market Analysis
Chapter 7 Europe Italy Peptide Receptor Radionuclide Therapy (PRRT) Market Analysis
Chapter 8 South Asia Italy Peptide Receptor Radionuclide Therapy (PRRT) Market Analysis
Chapter 9 Southeast Asia Italy Peptide Receptor Radionuclide Therapy (PRRT) Market Analysis
Chapter 10 Middle East Italy Peptide Receptor Radionuclide Therapy (PRRT) Market Analysis
Chapter 11 Africa Italy Peptide Receptor Radionuclide Therapy (PRRT) Market Analysis
Chapter 12 Oceania Italy Peptide Receptor Radionuclide Therapy (PRRT) Market Analysis
Chapter 13 South America Italy Peptide Receptor Radionuclide Therapy (PRRT) Market Analysis
Chapter 14 Company Profiles and Key Figures in Italy Peptide Receptor Radionuclide Therapy (PRRT) Business
Chapter 15 Global Italy Peptide Receptor Radionuclide Therapy (PRRT) Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology

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