The HER-2 Negative Breast Cancer Market consists of drugs for treating breast cancer that does not have excess amounts of the HER2 receptor protein. Some of the common drugs available are paclitaxel, docetaxel, capecitabine, vinorelbine, and anthracyclines. These drugs help kill cancer cells or stop them from growing by interfering with cellular processes specific to cell division. The need for more effective targeted therapies for HER-2 negative breast cancer is increasing as it accounts for around 70% of all breast cancer cases.

The Global HER-2 Negative Breast Cancer Market is estimated to be valued at US$ 15982.51 Bn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period from 2024 to 2031.

Key Takeaways

Key players operating in the HER-2 Negative Breast Cancer are Robert Bosch GmbH (Germany), HELLA KGaA (Germany), Continental AG (Germany), Denso Corporation (Japan), Delphi Automotive PLC (U.K.), Autoliv Inc. (Sweden), and Valeo S.A. (France). With rising cases of breast cancer globally, the demand for drugs to treat HER-2 negative cancer is growing significantly. Several companies are investing heavily in research and development of novel targeted therapies like immunotherapy drugs to expand treatment solutions.

The growing global burden of breast cancer, especially HER-2 Negative Breast Cancer Cases Market Size  type which has lower treatment options, is augmenting the market. Various regulatory approvals and commercialization of new drugs in the past decade are also supporting market growth. Major players are also undertaking mergers and acquisitions to strengthen their product portfolios and market presence across different regions for better access to patients worldwide.

Market drivers

One of the key drivers for the HER-2 Negative Breast Cancer Market is the increasing incidence of breast cancer globally. According to the WHO, breast cancer is by far the most common cancer in women worldwide, with an estimated 2.3 million new cases diagnosed in 2020. Since HER-2 negative cancer accounts for around 70% of all breast cancer cases, the rising disease prevalence is directly driving up demand for effective treatment drugs and therapies in this space. Developing regions are also expected to contribute significantly to market growth in the coming years.

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