Table of Contents
Mordor Intelligence analysts forecasted the Latin America Liver Cancer Market to grow at a CAGR of 5-11% over the period, (2017 - 2022). The market is currently valued at USD 35 million for the year 2015.
Liver cancer represents the fifth most commonly occurring cancer and the third leading reason for cancer related deaths in the world. Nearly 800,000 people are annually diagnosed with primary carcinoma. Therefore, the liver cancer medication market is anticipated to become an active ground for competition in the future. Nexavar (sorafenib) is the dominant therapeutic in the market, and is additionally the most important targeted medical aid that is regularly used for advanced-stage carcinoma patients.
With only a few approved drugs within the market and another few in the pipeline, it is a proven fact that incidence and mortality from the sickness continues to rise worldwide. Many new-targeted therapies are expected to enter the market in the following few years. Targeted cancer therapies use medication to prevent the expansion of cancer cells by interrupting certain molecules, known as molecular targets, thereby preventing the progression and growth of cancer cells. The treatment, also known as 'molecular targeted therapy', focuses on the cellular and molecular changes, pertaining specifically to cancer. It is thereby more effective, as compared to the other treatments for cancer, including radiotherapy and chemotherapy.
The Latin America liver cancer market is segmented based on:
Benign liver growths
Confirmatory needle biopsy
Magnetic resonance imaging (MRI) scans
Some of the key participants in the industry include Bayer Schering Pharma AG, Onyx Pharmaceuticals, Inc., Celsion Corp., Alnylam Pharmaceuticals, Inc., ArQule, Inc., 4SC AG, ImClone Systems Inc., Jennerex Biotherapeutics, Inc., Pfizer Inc., F. Hoffmann-La Roche Ltd., and Bristol-Myers Squibb Company. Etc.
Increasing incidences of cancer
Drug innovations with regard to the cancer
Rise in aging populace
Excessive alcohol consumptions
High unmet needs for the treatment of liver cancer in the market
Increasing health care expenditure
Low success rate in clinical trials for cancer drugs
Huge capital investments
Low accessibility in remote areas
Stringent regulatory procedures
SPECIALITIES OF THIS REPORT
The report will be useful in gaining an exhaustive understanding of the regional market. It will also be of assistance in providing a comprehensive analysis of the major trends, innovations and associated prospects for market growth over the coming half a decade.
The report will be an ideal source material for industry consultants, manufacturers and other interested and allied parties to gain a critical insight into the factors driving and restraining the market, in addition to opportunities offered.
The report contains wide range of information about the leading market players and the major strategies adopted by them.
WHAT THE REPORT OFFERS
Market definition along with identification of key drivers and restraints for the market.
Market analysis with region specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
Identification and analysis of the macro and micro factors that affect the industry on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Please note: this report requires certain updates. We have all the information available but require 2 business days to complete the process and ensure it is as up-to-date as possible.
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