The Europe Lung Cancer Therapeutics Market was worth $1.47 billion in 2016 and estimated to be growing at a CAGR of 6.47%, to reach $2.01 billion by 2021.
Europe is the secong largest region for the lung cancer therapeutics market.Lung cancer is the foremost cause of cancer deaths in the European region, and the prevalence of lung cancer is cumulative significantly. It is the common cause of mortality and illness not only in developed countries but also in developing countries.
Smoking is thought as a main cause of lung cancer, though lung cancer also follows in non-smokers.
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Growth in the lung cancer therapeutics market is projected on account of growing prevalence rate, constant contact to radiation and carcinogens and increasing patient alertness.
Furthermore, late advent of disease symptoms leads to postponement in diagnosis and progression in the cancer stage, which results in rising cost of the treatment, and thus makes higher revenues for Europe treatments market.
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The Europe Lung Cancer Therapeutics Market is segmented on the basis of treatment type nto Chemotherapy, Radiotherapy and Other Drugs. Based on drug type, Lung Cancer Chemotherapy market is segmented into cisplatin, taxol, navelbine, camptosar and Alimta.
Based on type, Lung Cancer Radiotherapy market is segregated into external beam, internal beam and systemic. On the basis of drug type, Other Lung Cancer Therapeutic Drugs market is segmented into abraxane, avastin, crizotinib, docetaxel and Gefitinib.
The top global brands that are commercially accessible in the market are Avastin, Alimta and taxol. Radiotherapy accounts for the largest segment in the lung cancer therapeutics market.
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Based on geography the market is analysed under various regions namely, Germany, Italy, Spain, France and U.K. U.K is the leading market due to high population base suffering from lung cancer while Germany is anticipated to witness a high growth in the forecast period.
Companies are implementing various strategies to increase their product portfolio and rise its geographical presence. New product expansion, contracts and associations and procurements are some of the significant approaches adopted by the manufacturers in the lung cancer therapeutics market.
The prominent players of this market include BoehringerIngelheim GmbH, Hoffman-La Roche, Pfizer Inc., GlaxoSmitKline, Eli Lilly and Company, Agennix AG, AstrazenecaPlc, and Sanofi-Aventis.
Scope of the Report
- Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysisin terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC)in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysisfor analysing the level of competition and business strategy development
- A comprehensive list of key market playersalong with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysislisting out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunitiesto provide both individuals and organizations a strong financial foothold in the market
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