Research Nester’s recent market research analysis on “Angiosarcoma Treatment Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global angiosarcoma treatment market in terms of market segmentation by treatment, distribution channel, end user, location of instigation, and by region.
Growing Funds in Cancer Research to Promote Global Market Share of Angiosarcoma Treatment
The global angiosarcoma treatment market is estimated to grow majorly on account of the increased investment in cancer research. The burden of cancer is increasing rapidly globally. Research published by JAMA Network in December 2021 found that there will be 23.6 million new cancer cases worldwide in 2019 (17.2 million does not include people with non-melanoma skin cancers and melanoma), 10.0 million cancer deaths and approximately 250 million disability-adjusted life years will be due. to cancer. Such a growing global cancer burden drives the need for better diagnosis and treatment. In addition, timely radiotherapy in breast cancer patients increases the risk of angiosarcoma and promotes the development of angiosarcoma treatment industry during the forecast period.
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Some of the major growth factors and challenges that are associated with the growth of the global angiosarcoma treatment market are:
Growth Drivers:
• Surge in Research and Development Activities
• Rising Technological Advancement
Challenges:
To minimize the severity of cancer and reduce mortality, the availability of effective diagnostic techniques plays an important role. In low- and middle-income countries, due to lack of appropriate infrastructure, low investment and financing, unavailability of qualified technicians, high service costs and many other reasons, diagnosis is not possible. Exactly. According to a research paper published in Nature in April 2022, there is a significant bias in cancer research towards high-income countries (HICs), with few important studies implemented to meet the needs of high-income countries. or middle income (LMIC). High cost of treatment and lack of effective treatment are some of the major factors anticipated to hamper the global market size of angiosarcoma treatment.
By treatment, the global angiosarcoma treatment market is segmented into immunotherapy, surgery, targeted therapy, radiotherapy, chemotherapy. The immunotherapy segment is to garner a substantial revenue by the end of 2036 by growing at a significant CAGR over the forecast period. The increase in clinical trials for angiosarcoma globally has contributed to increased demand for angiosarcoma treatment. Immunotherapy includes drugs that activate the immune system and modify immune system cells to target tumor cells. Monoclonal antibodies, checkpoint inhibitors, and vaccines are common types of immunotherapy. For example, Anderson conducted a clinical trial in a Phase I study of TH1 dendritic cell immunotherapy for the treatment of cutaneous angiosarcoma. The primary objective was to determine the safety, toxicity, and feasibility of administering autologous dendritic cells (DCs) loaded with tumor lysate and mRNA to patients with cutaneous angiosarcoma of the head and neck as a adjuvant therapy. Thus, the above factors are contributing to the growth of the market.
By region, the Europe angiosarcoma treatment market is to generate the highest revenue by the end of 2036. This growth is anticipated by growing healthcare infrastructure in the region. Besides this, the cheap rates of drugs and increasing awareness about the angiosarcoma treatment among the people in the Europe region is accelerating the market growth of angiosarcoma treatment market in this region during the projected time period.
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