Glioblastoma Market In-Depth Analysis Globally by Top Key Players
The increasing incidence rates, the rise in product
approvals, and growing research in the field are projected to drive the growth
of the global glioblastoma market. On the other hand, the termination of many
clinical trial drug candidates is anticipated to hamper the growth of the
market.
The Global Glioblastoma
Market is expected to register a CAGR of 7.40% during the forecast period
with a market value of USD 1,643.4 Million till 2025. Glioblastoma is a
malignant grade IV tumor.
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Market Players
MRFR recognizes the following companies as the key players
in the global glioblastoma market— F. Hoffmann-La Roche Ltd (Switzerland),
Amgen Inc. (US), Arbor Pharmaceuticals, LLC (US), Sun Pharmaceutical Industries
Ltd (India), Merck & Co., Inc. (US), and Teva Pharmaceutical Industries Ltd
(Israel).
Segment Analysis
The global glioblastoma market has been divided based on
type, treatment, and end user. The market, based on type, has been segregated
into primary glioblastoma and secondary glioblastoma. Based on treatment, the
glioblastoma market has been divided into surgical procedure, radiation
therapy, chemotherapy, and others. The global glioblastoma market, based on end
user, has been categorized as hospitals, specialty clinics and centers, and
others.
Regional Analysis
The global glioblastoma market, based on region, has been
divided into the Americas, Europe, Asia-Pacific, and the Middle East &
Africa.
The Americas is likely to hold the largest share of the
global glioblastoma market during the assessment period. The increasing
incidence rate of glioblastoma and high funding for research & development
projects in the US and Canada are likely to support the dominance of the
Americas during the forecast period. The approval of drugs in these countries
help in maximizing the growth of the market in this region as well.
The Europe market established substantial growth in the
market due to the increasing number of clinical trials in this region.
Asia-Pacific is estimated to be the fastest-growing region
in the global market due to the huge patient population, improving healthcare
infrastructure, and growing per capita disposable incomes.
The glioblastoma market in the Middle East & Africa is
expected to witness gradual growth due to the increasing availability of new
treatment methods.
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