The global breast cancer treatment market size was valued at USD 33.20 billion in 2021 and is poised to grow at a significant CAGR of 7.9% during the forecast period 2022-28. Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and --other qualitative sections with an in-depth TOC on “Breast Cancer Treatment Market by Drug Class (Anthracyclines, Antimetabolites, Epothilones, Taxanes, Alkylating agents, Hormonal therapy, Aromatase inhibitors, Selective Oestrogen-receptor modulators), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa) - Global/Region/Country Forecast to 2028",
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Improving healthcare infrastructure boosts the Breast Cancer Treatment Market
Uncontrolled growth of malignant cells in the breast tissue causes breast cancer. This disease usually occurs in female as compared to men. The common symptoms of breast cancer are red scaly patches on the skin, change in the breast shape, dimpling of skin and lumps formation in the breast. The grades of cancer cells, type of breast cancer, stage of breast cancer and the size of tumor are different factors decide the breast cancer treatment. It can be treated by different therapies such as bone-direct therapy, radiation therapy, hormone therapy and chemotherapy. Problems in respiration, swelling of lymph nodes and yellow skin can appear in severe conditions. The breast cancer commonly occurs because of obesity, drinking alcohol and ionizing radiation.
Government initiatives, growing consciousness regarding breast cancer stages and treatment and improving healthcare infrastructure are the important factors bolster the growth of breast cancer treatment market. In addition, there are a few more factors, which are anticipated to boost the market over the forecast time span such as growing female population age of 65 years and above, increase in the healthcare expenditure, huge spending on medicines and growing obese and diabetic population. Moreover, development in cancer biology and pharmacology, development of targeted drug delivery systems and growing investment in research and developments might fuel the market. However, patient expiry of drugs, drug development challenges in developing economies and high costs associated with drug development might hinder the market growth during the evaluation time span.
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North America dominates the Breast Cancer Treatment Market
North America leads the breast cancer treatment market chiefly due to the favorable government initiatives for the treatment, high occurrence of breast cancer illness and growing female ageing population. Europe holds an important share in breast cancer treatment market due to the increase in the incidence and occurrence of breast cancer cases. Almost 1.7 million new cases of breast cancer were diagnosed in the year 2012 and almost 53,696 new cases were diagnosed in the year 2013 in the UK.
Competitive Analysis - Breast Cancer Treatment Market
Leading players operating in the breast cancer treatment market are AstraZeneca (U.K.), Eli Lilly and Company (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Novartis AG (Switzerland), Sanofi (France), Pfizer, Inc (U.S.)Sun Pharmaceutical Industries Ltd (India), Actavis, Inc. (U.S.), Bristol-Myers Squibb Company (U.S.), Bayer AG (Germany), Teva Pharmaceutical Industries. Ltd. (Israel), Puma Biotechnology, Inc. (U.S.) and OncoGenex Pharmaceuticals Inc. (U.S.).
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