Global Kidney Cancer Drugs Market Propelled by New Treatment Approvals; to Reach US$4.5 bn


Kidney Cancer Drugs Market - Global Industry Analysis, Pipeline Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Renal cell carcinoma (RCC) is a common kind of renal or kidney cancer. Transitional cell carcinoma (TCC) is also a key type of kidney cancer, but is less prevalent amongst individuals as compared to RCC. Surgical procedures alone are sometimes not sufficient for the treatment of these cancers, particularly in cases where patients develop metastatic cancers. This is when additional treatment regimens are recommended and immunotherapies and targeted therapies come into play. Kidney cancer drugs are considered to increase the overall lifespan, particularly in patients having an advanced stage of metastatic tumors.

Get Free Sample Research Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=537

As mentioned in the report, the increasing occurrence of kidney cancer and the rising aging population globally are amongst the key factors stimulating the growth of the market for kidney cancer drugs. In addition, several novel molecules receiving approval globally is also a prime factor fuelling the market. On the other hand, the soaring prices of branded cancer drugs may restrain the growth of the market. In addition, the rising inclination of the consumers towards generic drug variants may also have a negative impact on the market’s development.

In terms of drug, the market is segmented into Sutent (Sunitinib), Afinitor (Everolimus), Nexavar (Sorafenib), Votrient (Pazopanib), Avastin (Bevacizumab), Inlyta (Axitinib), Proleukin (Aldesleukin), and Torisel (Temsirolimus). Amongst these, on the basis of revenue, Sutent led the market in 2013 owing to Sutent being the majorly prescribed drug in the first-line treatment for kidney cancer. In addition, Sutent is also amongst the top studied drugs within its class for multiple indications, as it targets multiple receptor tyrosine kinases (RTKs). On the other hand, Votrient is predicted to emerge as a market leader by 2017 and is expected to surpass Sutent and all other competitors owing to its unique first-line penetration and low pricing. Votrient exhibited a whopping CAGR of more than 40% between 2012 and 2016.

Geographically, the report segments the market into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, North America leads the kidney cancer drugs market owing to the presence of a huge patient pool having different kinds of cancers of the kidney and the commercial penetration of top branded drugs for the treatment of kidney cancer in this region.

On the other hand, Asia Pacific is also predicted to grow exponentially in the market owing to the increasing aging population and the increasing occurrence of renal cell carcinoma in this region. Furthermore, the economic advancement of nations such as China, India, Malaysia, and Singapore will also stimulate the growth of the market in the region of Asia Pacific.

According to the report, the chief players operating in the market for kidney cancer drugs are Novartis AG., F. Hoffman-La Roche., Pfizer, Inc., Bayer Pharma AG., and GlaxoSmithKline, plc., among others.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Products or Services

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of

Contact Information

Transparency Market Research

State Tower, 90 State Street, Suite 700
Albany, NY 12207 United States
12207
USA
Phone : +1-518-618-1030
View website

Published in

Health

Published on

Aug 25, 2016

Social Links

PRnob Facebook Page Twitter page of PRnob.com Google+ of Prnob.com LinkedIn page of PRnob.com