Gastric Cancer Therapy Market Overviews
Gastric cancer, also known as stomach cancer, is defined by an increase in the number of malignant cells in the stomach lining. This form of cancer is notoriously difficult to detect since it seldom manifests symptoms in the early stages in most people. In comparison to other types of cancer, stomach cancer is quite uncommon. Other illnesses and disorders that contribute to gastric cancer include lymphoma, tumors in other regions of the digestive system, stomach polyps, and many more. The report on gastric cancer therapy market icludes segment analysis on the basis of the therapy type, end-user and region.
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Gastric Cancer Therapy Market Scope and Methodology:
The number of persons diagnosed with gastric cancer has grown as the number of obese people and smokers has increased. Gastric cancer is increased when people use tobacco and eat an unhealthy diet. According to the American Institute for Cancer Research, there will be roughly 27,600 instances of Gastric cancer detected in 2020. (16,980 in men and 10,620 in women). The gastric cancer therapy market is expected grow with increase in the number of cases of gastric cancer.
Gastric Cancer Therapy Market Regional Insights
Asia-Pacific gastric cancer therapy market generated USD 1.01 billion in revenue in 2023. The primary cause for this is an increase in the number of instances of stomach cancer, particularly in India and China. According to the World Health Organization (WHO), China had 456,124 cases of stomach cancer in 2018. This, together with the increasing frequency of new product introductions, is moving the regional market forward.
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Gastric Cancer Therapy Market Segmentation
By Therapy Type, Chemotherapy is the most prevalent type of treatment for cancer cells that are meant to stop or decrease their proliferation. Chemotherapy works by eliminating, destroying, or damaging cancer cells in a specific region, whereas surgery and radiation treatment function across the body. Chemotherapy can therefore kill and harm cancer cells that have spread to other areas of the body, distant from the initial tumor. Chemotherapy is still the treatment of choice for most oncologists across the world, despite its numerous negative effects. It is also inexpensive when compared to immunotherapies, and it may be given intravenously or orally. According to GLOBOCAN estimations, the greatest rate of gastric cancer in 2018 was in South Korea, followed by Mongolia. Similarly, in 2019, the stomach cancer rate in South Korea was 57.8% in males and 23.5 percent in women.
Gastric Cancer Therapy Market Key Players
Bristol-Myers Squibb AB (Sweden)
Celltrion Inc. (South Korea)
Eli Lilly and Company (United States)
Hoffmann-La Roche Ltd. (Switzerland)
GlaxoSmithKline PLC (United Kingdom)
Imugene Limited (Australia)
Novartis AG (Switzerland)
Merck & Co. Inc. (United States)
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Key questions answered in the Gastric Cancer Therapy Market are:
- What is Gastric Cancer Therapy ?
- What was the Gastric Cancer Therapy market size in 2023?
- What is the growth rate of the Gastric Cancer Therapy Market?
- Which are the factors expected to drive the Gastric Cancer Therapy market growth?
- What are the different segments of the Gastric Cancer Therapy Market?
- What growth strategies are the players considering to increase their presence in Gastric Cancer Therapy ?
- What are the upcoming industry applications and trends for the Gastric Cancer Therapy Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Gastric Cancer Therapy Market?
- Who are the leading companies and what are their portfolios in Gastric Cancer Therapy Market?
- What segments are covered in the Gastric Cancer Therapy Market?
- Who are the key players in the Gastric Cancer Therapy market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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