Summary - A new market study, titled “Global Glioblastoma Market Research Report Forecast to 2025” has been featured on WiseGuyReports.
Global Glioblastoma Market: Information by Type (Primary Glioblastoma and Secondary Glioblastoma), by Treatment (Surgical Procedure, Radiation Therapy, Chemotherapy and others), by End User (Hospitals, Specialty Clinics & Centers and others) and by Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) - Forecast till 2025
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Market analysis
Globally, the increasing frequency rate of glioblastoma is expected to fuel the growth in the glioblastoma market. According to the figures issued in 2017 by the National Centre for Biotechnology Information (NCBI), glioblastoma has an occurrence rate of 3.19 per 100,000 people in the US. The Global Glioblastoma Market is projected to enroll a CAGR of 7.40% to reach 1,643.4 million by 2025. The rising popularity tacitly raises the healthcare outlay of the people as well as the administration. This encourages the performers operational in the market to come up with alternatives for the treatment of glioblastoma. Thus, this is likely to fuel the evolution of the global glioblastoma market through the forecast period. Glioblastoma is a type of brain tumor. According to the statistics available in 2017 by the National Centre for Biotechnology Information (NCBI), glioblastoma has an occurrence rate of 3.19 per 100,000 persons in the US. The growing popularity indirectly increases the healthcare outlay of the people as well as the regime. In May 2019, Merck entered into a final accord to acquire Peloton Therapeutics, Inc., a confidentially held, clinical-stage biopharmaceutical company, focused on the development of novel small molecule therapeutic candidates aiming hypoxia-inducible factor-2α (HIF-2α) for the treatment of patients with cancer and other non-oncology disorders. Some of the key policies pursued by players operating in the global glioblastoma market were modernization, product expansion, and acquisition & mergers. Likewise, the fact that glioma stem cells survive traditional medicines also heightens vital necessary for unconventional care medications for glioblastoma multiforme thus pushing the market. Improving R&D in gene analysis and molecular biotechnology for the treatment of CNS associated disorders and cancer is anticipated to fuel the market expansion over the forecast period. However, high expenditure involved in research employing genomics-based research is a crucial power for market. This motivates the players operating in the market to come up with replacements for the treatment of glioblastoma. Thus, this is likely to fuel the growth of the global glioblastoma market during the prediction period. The increasing incidents of glioblastoma, a type of brain tumor, combined with broad research in glioblastoma treatment, and the rising adoption of chemotherapy are expected to fuel the growth of the global glioblastoma market. However, the high cost of drugs and the failure of drug candidates in clinical trial phases are expected to impede the market growth.
Market segmentation
The Global Glioblastoma Market is segmented based on material type, treatment, end user and region respectively. The increasing prevalence rate of glioblastoma is projected to fuel the growth of the global glioblastoma market. Based on treatment, the glioblastoma market has been isolated into surgical technique, radioactivity therapy, chemotherapy, and others. The global glioblastoma market, based on end user, has been separated into hospitals, specialty clinics and centers, and others. The specialty clinics and centers held a share of 36.8% in 2018. In January 2018, Amgen and Allergan PLC received the approval by the European Commission (EC) for the marketing authorization of MVASI for the treatment of glioblastoma as well as certain types of cancers. The global glioblastoma market has been given by type, medication, and end user. The market, based on type, has been bifurcated into major glioblastoma and secondary glioblastoma. In November 2016, Sun Pharma acquired Biosintez, a Russian pharmaceutical company employed in the manufacturing and marketing of pharmaceutical products. There is a noteworthy absence of actual restorations in the present market owing to the incapability of medicines to pierce the blood brain fence, with the only stressed treatment putative actuality Roche’s Avastin (bevacizumab) for recurring GBM patients in spite of the rehabilitation not representing a existence advantage in patients. It is also researched that ever since patients have no real therapy alternatives and low endurance probability there’s a likelihood for high realization in the marketplace if a mediator is competent of boosting endurance or condition of a lifetime.
Regional analysis
Geographically the Global Glioblastoma Market is split in regions like North & South America, Europe, Asia-Pacific, Middle east and Africa and Rest of the world. Europe held a significant share in the global glioblastoma market. This can be credited to a large number of clinical trials in the region. For instance, Merck KGaA along with Vaximm GmbH is complex in Phase I and II trials to evaluate the efficacy and safety of VXM01 in combination with Avelumab in patients with resectable and non-resectable progressive glioblastoma following tumor resection and radio-chemotherapy containing temozolomide. The Americas is likely to dictate the global glioblastoma market. The growth in this region can be ascribed to the increased cases of glioblastoma and brain tumors. Moreover, the approval of drugs helps in boosting the expansion of the market in this region. The glioblastoma market in the Middle East & Africa is expected to witness a modest market growth rate from 2019 to 2025. The Middle East would lead the market growth in this region. Rising awareness regarding health and accessibility of new treatment methods are expected to drive the market growth during the evaluation period. Asia-Pacific is estimated to be the quickest-growing region in the global market. The rise in the enhanced healthcare infrastructure promises a high level of research on the therapy of glioblastoma in the region.
Major players
The proposed spectators in the Global Glioblastoma Market are manufacturers, Retailers, distributors, wholesalers, Investors and trade experts, Governments, associations, industrial bodies, etc. The major companies functioning in the Global Glioblastoma Market are concentrating on firming their global ways by entering into untouched markets. The projected onlookers in the Global Glioblastoma Market are companies like Teva Pharmaceutical Industries Ltd (Israel), Arbor Pharmaceuticals, LLC (US), Merck & Co., Inc. (US), Sun Pharmaceutical Industries Ltd (India), Amgen Inc. (US), F. Hoffmann-La Roche Ltd (Switzerland), etc.
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We are proud of this project and we hope that we managed to provide options and solutions in every region of Greece and Cyprus.At whatever stage your space is, we will be by your side in every step of your choice, until your bathroom acquires the final form you have imagined.
The Company takes all reasonable measures to secure Personal Data, which are subject to Greek legislation (L.2472 / 97), a binding provision or contract, which defends principles for fair handling and an adequate degree of protection of Personal Data.Young people under the age of 18 must obtain permission from their guardians before submitting their personal data.
Your transactions in our online store are protected by top online security systems (SSL-128 bit and digitalFor purchases with your credit card, follow the instructions in our online store.
The additional charge for cash on delivery is 3 €, which are attributed to the Transport or Courier Company (Courier).
d) By deposit in a bank account: Prepaid your order in one of the following accounts of the Banks we work with: i) EFG EUROBANK-ERGASIAS: 0238.2302.00.860648 / GR.1602.60375.0000.26.0375.14.0100274539ii) ALPHA BANK: 00.23.10008940 / GR.38.0140.1920.1920.0231.0008940and send us the copy of the bank payment order by fax to 210-6717730.
All change shipments are made within 48 hours of receiving the defective or incorrect product, after it has been certified that its original packaging or anything else included in it has not been tampered with.
We are proud of this project and we hope that we managed to provide options and solutions in every region of Greece and Cyprus.At whatever stage your space is, we will be by your side in every step of your choice, until your bathroom acquires the final form you have imagined.
The Company takes all reasonable measures to secure Personal Data, which are subject to Greek legislation (L.2472 / 97), a binding provision or contract, which defends principles for fair handling and an adequate degree of protection of Personal Data.Young people under the age of 18 must obtain permission from their guardians before submitting their personal data.
Your transactions in our online store are protected by top online security systems (SSL-128 bit and digitalFor purchases with your credit card, follow the instructions in our online store.
The additional charge for cash on delivery is 3 €, which are attributed to the Transport or Courier Company (Courier).
d) By deposit in a bank account: Prepaid your order in one of the following accounts of the Banks we work with: i) EFG EUROBANK-ERGASIAS: 0238.2302.00.860648 / GR.1602.60375.0000.26.0375.14.0100274539ii) ALPHA BANK: 00.23.10008940 / GR.38.0140.1920.1920.0231.0008940and send us the copy of the bank payment order by fax to 210-6717730.
All change shipments are made within 48 hours of receiving the defective or incorrect product, after it has been certified that its original packaging or anything else included in it has not been tampered with.
