ALK Positive Lung Cancer Treatment Market provides an in-depth insight of Sales and Trends Forecast to 2027

The global ALK Positive Lung Cancer Treatment Market analysis provides pioneering landscape of market along with market augmentation history and key development involved in the industry. The report also features comprehensive research study for high growth potential industries professional survey with market analysis. ALK Positive Lung Cancer Treatment Market report helps the companies to understand the market trends and future market prospective,opportunities and articulate the critical business strategies.

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Overview

Lung cancer patients with the Anaplastic Lymphoma Kinase (ALK) variant get ALK positive lung cancer therapy (the EML4-ALK fusion gene). This gene mutation occurs as a result of the fusion of two genes, ALK and Echinoderm Microtubule-associated Protein Like 4 (EML4). In 2007, the ALK gene fusion was discovered in individuals with non-small cell lung cancer (NSCLC).

Drivers

The global ALK positive lung cancer treatment market is projected to expand due to new medication clearances for the management of ALK positive lung cancer. F. Hoffmann-La Roche Ltd.’s Alecensa (alectinib) was authorized by the China National Drug Administration (CNDA) in August 2018 for the therapy of ALK-positive lung cancer. Alecensa (alectinib) has been approved by the CNDA as a monotherapy for patients with anaplastic lymphoma kinase (ALK)-positive and advanced non-small cell lung cancer (NSCLC).

Restraints

The global ALK positive lung cancer treatment market is projected to be limited by the fast development of medication resistance. A key issue in medication development, according to an Oncology Live February 2018 article, is rapid rise of resistance, which is accountable for delayed patient recovery from illness. Furthermore, tyrosine kinase mutations and Epidermal Growth Factor Receptor (EGFR) activation are pathways for treatment resistance, as per a report published in Cancers magazine in August 2017. These susceptibility bypass mechanisms are worsening tumor cells, which in turn is limiting the growth of the global ALK positive lung cancer treatment market.

Regional Insights

Due to the growing number of clinical trials in the U.S., the market in North America is projected to develop significantly. The TPX-0005 medication, developed by TP Therapeutics, Inc., is now being tested in a clinical study for the treatment of ALK mutations. The research will be completed in December 2021.

Due to the rising use of tobacco and smoking, which causes lung cancer, the Asia Pacific area is projected to see substantial development in the market. According to an article published in the Eastern Journal of Medical Sciences in 2017, lung cancer accounts for about 6.8% of all malignancies in India, indicating a large burden of lung cancer on the country and leading to cancer mortality.

Major companies contributing in the global ALK positive lung cancer treatment market are Novartis AG, Pfizer Inc., F. Hoffmann-La Roche Ltd., Eli Lilly and Company, Bristol-Myers Squibb Company, and TP Therapeutics, Inc.

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ALK Positive Lung Cancer Treatment Market – Competitive Landscape

Key players functioning in the global prosthetic liners market consists of F. Hoffmann-La Roche Ltd., Pfizer Inc., Novartis AG, TP Therapeutics, Inc., Bristol-Myers Squibb Company, and Eli Lilly and Company.

Main points in ALK Positive Lung Cancer Treatment 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 ALK Positive Lung Cancer Treatment Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: ALK Positive Lung Cancer Treatment Industry Impact

Chapter 2 Global ALK Positive Lung Cancer Treatment Competition by Types, Applications, and Top Regions and Countries
2.1 Global ALK Positive Lung Cancer Treatment (Volume and Value) by Type
2.3 Global ALK Positive Lung Cancer Treatment (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 ALK Positive Lung Cancer Treatment Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America ALK Positive Lung Cancer Treatment Market Analysis
Chapter 6 East Asia ALK Positive Lung Cancer Treatment Market Analysis
Chapter 7 Europe ALK Positive Lung Cancer Treatment Market Analysis
Chapter 8 South Asia ALK Positive Lung Cancer Treatment Market Analysis
Chapter 9 Southeast Asia ALK Positive Lung Cancer Treatment Market Analysis
Chapter 10 Middle East ALK Positive Lung Cancer Treatment Market Analysis
Chapter 11 Africa ALK Positive Lung Cancer Treatment Market Analysis
Chapter 12 Oceania ALK Positive Lung Cancer Treatment Market Analysis
Chapter 13 South America ALK Positive Lung Cancer Treatment Market Analysis
Chapter 14 Company Profiles and Key Figures in ALK Positive Lung Cancer Treatment Business
Chapter 15 Global ALK Positive Lung Cancer Treatment Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology

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