Hepatocellular Carcinoma Drugs Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
Global Hepatocellular Carcinoma Drugs Market: Overview
Hepatocellular carcinoma is commonly known as malignant hepatoma. It is a condition mostly found in patients with chronic liver diseases such as cirrhosis, hepatitis B, hepatitis C, diabetes, and obesity. Due to the existence of this health condition, a distinct hepatocellular carcinoma drugs market exists from a global perspective. Liver cancer primarily arises from hepatocytes or the hepatic stem cells. Hepatic malignant tumors can spread in the intrahepatic region. These tumors can be detected by imaging tests such as CT scan, ultrasound, MRI, and liver biopsy. Treatment for hepatocellular carcinoma includes chemotherapy, radiation therapy, and targeted drug therapy.
Hepatocellular carcinoma results in the end-stage of liver dysfunction, thus increasing the mortality rate of the patient. Therefore, early detection of the cancer is important to elongate the survival period of affected patients. Routine liver function tests help in the early detection of hepatocellular carcinoma.
Global Hepatocellular Carcinoma Drugs Market: Trends and Opportunities
Rising incidences of hepatocellular carcinoma and increasing number of deaths due to liver cancer primarily drive the global hepatocellular carcinoma drugs market. Hepatocellular carcinoma is one of the most common types of cancer worldwide. Rising incidences of viral infections such as hepatitis B and hepatitis C are primary factors boosting growth in the global hepatocellular carcinoma drugs market. Apart from this, increasing intake of aflatoxin and paracetamols, growing alcohol consumption, and rising metabolic disorders are also expected to fuel growth in the market. The clinical advancements integrated with novel drugs for treating hepatocellular carcinoma is believed to provide a notable thrust to the global hepatocellular carcinoma drugs market’s progress.
A trend in increasing R&D activities for liver cirrhosis or hepatocellular carcinoma medication, and the demand for better-tolerated drugs also propels expansion in the global hepatocellular carcinoma drugs market.
Many newly developed drugs cater the unmet medical needs for hepatocellular carcinoma. However, the side effects of these drugs include constipation, anemia, pneumonia, and low white blood cell count. These effects comprise a major hindrance to the global hepatocellular carcinoma drugs market’s growth. Nonetheless, occurrence of noticeable health improvements have been noted in many cases after intake of the drugs. This could make the global hepatocellular carcinoma drugs market offset most of the restraints in future.
Global Hepatocellular Carcinoma Drugs Market: Market Potential
Drug therapies carried out in hepatocellular carcinoma treatments are known to induce massive improvement in survival for patients. This is mainly due to less effectiveness of standard treatments that involve monoclonal antibodies or immunological processes. Rising investments of pharmaceuticals companies in R&D for anticancer drugs is expected to fuel growth in the global hepatocellular carcinoma drugs market. Hepatocellular carcinoma drugs are widely adopted in hospitals, clinics, and also at cancer rehabilitation centers. The drug treatment targets slowing down or stopping growth of cancer cells. Easy to swallow, low costs, and non-painful treatment are some of the benefits believed to boost the global hepatocellular carcinoma drugs market.
Global Hepatocellular Carcinoma Drugs Market: Regional Outlook
Region wise, North America could lead the global hepatocellular carcinoma drugs market owing to a rising prevalence of numerous deadly diseases in the region. Growing ventures of R&D, rapid clinical advancement, and rising population could also be responsible for driving the global hepatocellular carcinoma drugs market in the region. Other prominent regions in the market are Europe, Asia Pacific, Africa and the Middle East and Africa
Global Hepatocellular Carcinoma Drugs Market: Competitive Dynamics
Some of the prominent players operating in the market are Novartis Pharmaceuticals, Bristol-Myers Squibb Company, Johnson & Johnson, and Amgen. The upcoming report targets to unveil their market share, products, and geographical outreach.
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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