Polaris Market Research

Breast Cancer Therapies Market to Reach $29.6 Billion by 2026 : Pfizer, Novocure, Bayer AG

Breast Cancer Therapy Market Share, [By Therapy Type (Targeted therapy, Chemotherapy, Surgery & Radiation Therapy, and Hormonal therapy); By Region]: Market Size & Forecast, 2018 – 2026

 

New York, NY -- (SBWIRE) -- 11/14/2018 -- The global breast cancer therapies market is estimated to reach USD 29.6 billion by 2026 anticipated to grow at a CAGR of 10.3% during the forecast period.

Breast cancer is observed as the common disease in women over the age of 50 across the world. Moreover, breast cancer is the second most common disorder across various types of cancer. Breast cancer can be diagnosed and controlled by imaging tests, physical tests, and biopsy along with appropriate care.

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Brest cancer is a type of cancer evolving in the breast tissue and the common signs of breast cancer include red patches and formation of lump in breast on the skin. Obesity, lack of physical exercise, and high consumption of drinking alcohol are risk factors associated with development of breast cancer.

As per the reports of The National Cancer Institute approximately 246,660 cases of breast cancer were diagnosed during 2016. Increasing number of cases affected with breast cancer are associated with early menarche, prolonged exposure to endogenous estrogens, late menopause and late age at first childbirth which in turn is anticipated to render high impact on the market growth.

Major key Players in this market-

- Pfizer
- Bristol Myers Squibb
- Bayer AG,
- AstraZeneca
- Novartis AG

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The rising prevalence rate and increasing occurrence of breast cancer are major factors boosting associated therapies for treatment of breast cancer across the world. At present, several breast cancer awareness programs for early detection and treatments are held in emerging economies across Asia Pacific and Latin America. This is further anticipated to generate growth opportunities for stakeholders in this market. In addition, launch of several screening and diagnostic programs and advancement in technology are other factors expected to make a remarkable growth in the breast cancer therapies market.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects on the global breast cancer therapies market. This report comprises a detailed geographic analysis of the market across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa regions. North America regional analysis covers into U.S., Canada, and Mexico. While European regional analysis provides country level segmentation into Germany, UK, Italy, and France.

Asia-Pacific is bifurcated into China, India, and Japan. In 2017, North America Breast Cancer Therapies Market was estimated to be largest among geographies attributed to high occurrence of breast cancer, growing government welfare schemes, and increasing female geriatric population base.

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Competitive Landscape and Key Vendors
The leading companies profiled in the breast cancer therapies market report include AstraZeneca, Bayer AG, Danaher, Bristol Myers Squibb, Eisai Co., Ltd., Merck & Co., Novartis AG, Novocure, Pfizer Inc., F. Hoffmann-La Roche AG.

Key Segments

Therapy Type
- Targeted therapy
- Chemotherapy
- Surgery & radiation therapy
- Hormonal therapy