(Health-NewsWire.Net, May 12, 2017 ) Asia-Pacific Lung Cancer Therapeutics Market research report, published by Market Data Forecast delineates that the market is growing with a CAGR of 7.65 % to reach USD 1.39 billion by 2021, from USD 0.96 billion in 2016, which amounts to a cumulative growth of USD 0.43 billion.
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Lung cancer is a malignant lung carcinoma which is characterized by irregular cell growth in lung tissue. As the tumour grows in size, it reduces the lungs’ ability to provide oxygen to arteries, veins and capillaries. 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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The report also presents detailed analysis of multitude of factors affecting the Lung Cancer Therapeutics Market bearing either positive or negative outcomes. Some of those factors are • the stable increase in the occurrence of cancer cases. • Increase of the geriatric population • the incidence of lung cancer is predicted to rise • Lack of awareness among patients • side effects associated with the treatment therapies
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For granular level understanding the Lung Cancer Therapeutics Market is segmented based on type and application, each being provided with Market Size Estimations and Y-o-Y Forecasts. Based on Treatment Type Market can be segmented into Chemotherapy (Cisplatin, Taxol, Navelbine, Camptosar and Alimta), Radiotherapy (External Beam, Internal Beam and Systemic) and Other Drugs (Abraxane, Avastin, Crizotinib, Docetaxel and Gefitinib).
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With India and China being the major economies which have unexplored customer base covered in the study the report also focuses on other regions like Japan, Australia, South Korea and Rest of Asia-Pacific.
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The prominent players of this market include BoehringerIngelheim GmbH, Hoffman-La Roche, PfizerInc., GlaxoSmitKline, Eli Lilly and Company, Agennix AG, AstrazenecaPlc, and Sanofi-Aventis. According to stats Lung cancer affects more than 2 lakhs Americans each year. Though cigarette smoking is the major cause, anyone can be affected by lung cancer. Lung cancer is always treatable, no matter the location, size, whether the cancer is spread, and how far it has spread.
The Asia- Pacific Lung Cancer Therapeutics Market report offers wide-range of scope:
• Regional and country-level analysis that provides an individual perspective of Asia-Pacific region and the aforementioned countries
• Know more about key areas of industry growth via detailed Segment-level analysis on basis of Treatment type along with market size forecasts and y-o-y estimations
• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics
• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics
• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview
• Competitive landscape analysis listing 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
• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market
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