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Friday, September 17, 2021

Global Malignant Mesothelioma Therapeutics Market to be Driven by at A CAGR of 7.4% in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Malignant Mesothelioma Therapeutics Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global malignant mesothelioma therapeutics market, assessing the market based on its segments like products, application, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2016-2026)

  • Forecast CAGR (2021-2026): 7.4%

The growth of global malignant mesothelioma therapeutics industry is driven by the rising incidence of malignant mesothelioma among individuals. The increasing awareness about cancer and its effective treatment therapies among individuals are expected to aid the market growth. Additionally, various screening initiatives by government and private organisations for monitoring health of workers in asbestos using industries are expected to push the market growth. Moreover, the research and development (R&D) activities for advance treatment options and novel therapies will likely bolster the market growth over the forecast period.

Industry Definition and Major Segments

Malignant mesothelioma refers to cancerous tumour occurring in the thin lining known as epithelium. The tumour is commonly found in heart, stomach, or lungs. The primary cause of mesothelioma is inhalation of asbestos. Malignant mesothelioma is majorly prevalent in geriatric male population. The most common treatment procedure includes chemotherapy along with surgery and radiotherapy.

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Based on types, the industry is divided into:

  • Chemotherapy
  • Other Therapeutics

The industry can be broadly categorised based on its application into:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Oncology Centres
  • Other

The regional markets for malignant mesothelioma therapeutics include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

Regionally, North America is expected to dominate the global market for malignant mesothelioma owing to the growing prevalence of malignant mesothelioma. Europe may likely follow the North America due to vast geriatric population and demand for advance cancer treatment therapies. Meanwhile, Asia Pacific is expected to witness the fastest growth rate over the forecast period. This can be attributed to the rapidly advancing healthcare industry, rising patient awareness and growing government initiatives. However, Latin America and Middle East and Africa are projected for a slow growth due to high cost of therapy and lack of patient awareness.

Key Market Players

The major players in the market are Bristol-Myers Squibb Co. (NYSE: BMY), Eli Lilly and Co., F. Hoffmann-La Roche Ltd., Merck & Co. Inc., Pfizer Inc. and few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

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**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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