Global Glioblastoma Multiforme Treatment Market


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Global Glioblastoma Multiforme Treatment Market : Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023


Glioblastoma multiforme is the high-review glioma and intense threatening cerebrum tumor that influences glial cells. Glioblastoma multiforme contains the intricately separated neoplastic astrocytes which are the subtype of focal sensory system. Glioblastoma multiforme is unique in relation to the anaplastic astrocytoma because of the nearness of hyperplastic veins and necrotic tissue. The glioblastoma multiforme is analyzed by utilizing the imaging modules specifically, positron emanation tomography (PET), attractive reverberation imaging (MRI), and processed tomography (CT). Glioblastoma multiforme is arranged into two sorts to be specific, gliosarcoma and mammoth cell glioblastoma. Gliomas are the tumors rise up out of glial cells and might happen in mind or the spinal string. The normal side effects saw in the patients experiencing glioblastoma multiforme incorporate sickness, migraine, seizure, memory misfortune, and hemiparesis, among others.

 

The worldwide glioblastoma multiforme treatment advertise is developing at a critical CAGR because of increment in the geriatric populace, and changes in the way of life. The expansion in liquor utilization, an ascent in jungle fever pervasiveness, and the expansion in the rate of seizures are the key components driving the worldwide glioblastoma multiforme treatment advertise. Moreover, increment in innovative work in quality treatment, atomic biotechnology for the treatment of CNS related clutters, critical need of option treatment systems because of the protection of glioma cells to ordinary treatments are expected to help the glioblastoma multiforme treatment showcase over the conjecture time frame. Be that as it may, real limitations of the glioblastoma multiforme treatment showcase are present treatment treatments, for example, radiation and chemotherapy does not forestall tumor repeat that causes demise in glioblastoma multiforme patients. So also, high use for the genomics-based research, less number of medications accessible in the market, and the high cost of treatment are relied upon to upset the glioblastoma multiforme treatment showcase development over the figure time frame.

 

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Global Glioblastoma multiforme treatment market is segmented based on the drug type, and end user

 

Based on the drug type, glioblastoma multiforme treatment market has segmented into the following:

 

Based on the distribution channel, the glioblastoma treatment drug market has segmented into following:

 

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Increase in prevalence of brain tumours (According to U.S. National Cancer Institute (NCI) glioblastoma multiforme is considered as the most aggressive form of brain cancer with 15.4% of all primary brain tumours and about 60% – 75% of all astrocytoma) driving the growth of glioblastoma multiforme treatment market. Moreover, various drugs under clinical trials like CDX-110 (manufactured by Celldex Therapeutics) (Phase 3) and DCVax (Northwest Biotherapeutics) (Phase 3) expected to fuel growth of glioblastoma multiforme treatment market. Rising product approvals from U.S. Food and Drug Administration (FDA) also expected to drive revenue of glioblastoma treatment market. For instance, in March 2005, U.S. Food and Drug Administration (FDA) approved temozolomide (Temodar) capsules, developed by Schering Corporation (Merck & Co., Inc.) to treat newly diagnosed patients with glioblastoma multiforme disease associated with radiotherapy and then as maintenance treatment. Similarly, entry of generics into the market also increases the growth of glioblastoma multiforme treatment market. For instance, in 2013, Teva Pharmaceutical Industries Ltd, and Sun Pharmaceutical Industries Ltd. entered the market with the generic version of temozolomide.

 

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Geographically, the glioblastoma multiforme treatment market segmented into following regions Viz. North America, Asia-Pacific, Europe, Middle East & Africa, and Latin America. North America dominates the glioblastoma multiforme treatment market followed by Europe and Asia-Pacific North America region growth is attributed to increase in the prevalence of glioblastoma multiforme disease (According to Centres for Disease Control and Prevention (CDC), in 2011, approximately 22,000 adults in the U.S. were diagnosed with primary malignant tumours of the brain and spinal cord out of which gliomas accounted for the highest rate of incidence), investments in research and development, and increasing CNS cancers in aging population. Company’s betting heavily on research activities due to lack of drugs to treat glioblastoma multiforme in the market. Similarly, National Brain Tumour Society, Brain Tumour Foundation of Canada, and American Brain Tumour Association are the health organizations engaged in raising awareness about glioblastoma multiforme leads to the growth of glioblastoma multiforme treatment market over the forecast period. Europe glioblastoma multiforme treatment market revenue growth is driven by increase in geriatric population, change in lifestyle and increase in research and development activities by various pharmaceutical companies.  Asia-Pacific is expected to be the fastest growing market over the forecast period as a result of improving healthcare infrastructure, and rising awareness of glioblastoma multiforme treatment. Furthermore, extensive use of genomic profiling in bioinformatics technology by the research and development firms in Asia-Pacific region is expected to drive the treatment market for nervous carcinoma by discovering the new drug targets.

 

Some of the players in glioblastoma multiforme treatment market are Merck & Co Inc. (U.S.), Teva Pharmaceutical Industries, Ltd. (Israel), Arbor Pharmaceuticals LLC. (U.S.), Sun Pharmaceutical Industries, Ltd. (India), F. Hoffmann-Le Roche Ltd. (Switzerland), Abbvie, Inc. (U.S.), Celldex Therapeutics, Inc. (U.S.), Exellixis, Inc. (U.S.), Bristol-Myers Squibb Co. (U.S.), AstraZeneca (U.K.), GlaxoSmithKline plc. (U.K.), CANbridge Life Sciences Ltd. (China), Apogenix (Germany), Pfizer, Inc. (U.S.), and Vascular Biogenics (Israel) to name a few.

 

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