- In 2019, North America dominated the Oncology Market owing to emerging biopharma companies in U.S and Canada.
- Emerging bio pharmacy companies in the U.S. for oncology and the growing concern of people towards health are contributing to the growth of the oncology market.
- Pharma companies that are active in oncology are now in a race to harness new data sources and digital platforms, so they can engage patients, providers, and regulators more effectively, and creating an increase in demand.
- Detailed analysis on the Strength, Weakness and opportunities of the prominent players operating in the market will be provided in the Oncology Market Report
- Higher Prevalence And Incidence Of Cancer Diseases Globally
- Burgeoning Technological Usage Coupled With Increase In Healthcare Spending:
- Presence of alternatives
- In May 2019, Amgen Inc., and Syapse Entered Precision Medicine Collaboration In Oncology. Under the terms of the agreement, Amgen and Syapse is set to develop observational research analytics to assess treatment outcomes for areas of unmet need in oncology.
- In March 28, 2019, AstraZeneca and Daiichi Sankyo entered into a collaboration for novel HER2-targeting antibody-drug conjugate. The collaboration is aligned with AstraZeneca’s science-led strategy in Oncology, which is based on four key scientific platforms: tumors drivers & resistance, DNA damage response, Immuno-Oncology, and ADCs.
- In April 2018, AbbVie Inc. entered a joint research collaboration to establish the K.C. Nicolaou Research Accelerator. The research at the Accelerator is about to focus on synthesizing novel cytotoxic agents for use in the fight against cancer. The collaboration complement AbbVie's existing expertise in oncology discovery and early development.
But, an analysis of the regional market business insights states APAC as the most lucrative marketplace in terms of global demand.
In China, for automotive it is essential to clear CCC certification (China Certification Corporation) for the safety of the passenger vehicles.As per an analysis by India Brand Equity Foundation, Indian automotive industry managed to attract FDI worth $20.85 billion from 2000-2018.
OSS Market Trends and Growth Drivers:Increasing sales of premium vehicles has augmented an influx of investment in R Automotive manufacturers are working towards the amalgamation of sensors with occupant’s brain waves.
These sensors could also give instant information to the sensors when the driver is about to make any sudden driving action like braking and turning hence making the process more efficient, precise and safe.
If the occupant has any sudden health issues like heart attack, panic attack, the sensors detects the occupants ailment which are linked to cloud based internet services that will spontaneously redirect the information to any healthcare or emergency facilities nearby.
In 2017, Delphi Automotive plc, a global leader in OSS market confirmed an agreement with Great Wall Motor Co., a Chinese automotive giant for supplying occupant sensing systems along with scanners and radar for latest SUV models output by Great Wall Motor Co. Occupant Sensing System Market Challenges:One of the major challenge hindering the market growth is the exuberant pricing of vehicles loaded with cutting-edge technology such as OSS.
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