08 October 2022
Douglas Insights has made the newest addition to their comparison engine. Head and neck cancer therapeutics market research reports can now be compared and evaluated on the world’s first comparison engine to gain quality insights. Using the comparison engine, analysts, researchers, and professionals can evaluate reports by publisher rating, number of pages, table of contents, and pricing. These evaluations and comparisons are crucial for understanding the market, like changing industry trends, growth drivers, constraints, challenges, and opportunities.
Including research reports on the global head and neck cancer therapeutics market in the comparison engine, Douglas Insights truly provides users the perfect opportunity to efficiently gather qualitative and quantitative data. Furthermore, access to quality insights and valuable data from global research will help industry players develop growth strategies and make informed decisions to capture bigger market share or enter new markets. Simply stated, access to crucial data will open the world of opportunities for industry players.
The forecast from 2022 to 2027 shows that the head and neck cancer therapeutics industry’s CAGR (compound annual growth rate) is expected to increase by 8.5 percent. Unfortunately, the prevalence of cancer is at an all-time high. Cases of neck and head cancers are also increasing, including numerous types of malignant tumors that develop around the throat, salivary glands, mouth, sinuses, nose, and larynx.
The increasing number of cancer cases has soared the demand for therapeutics (devices and drugs). This demand has further led many organizations to invest in research and development activities. Through R&D, organizations are expected to introduce effective and innovative solutions to manage cases and treat patients. And that is further expected to drive the market growth.
Besides this, technological breakthroughs in cancer screening processes and the strong presence of cancer drugs in the pipeline, like Ipilimumab, Avelumab, Afatinib, and Bevacizumab, will act as the market growth drivers in the forecast timeline. Another growth factor is the skyrocketing increase in the risk factors that can result in cancer. These include smoking, high consumption of tobacco and alcohol among people worldwide, and lack of physical activity.
Though the global head and neck cancer therapeutics market is dominated by North America, including the United States and Canada, Asia-Pacific may take the lead. The region presents the most lucrative opportunities for industry players to grow their market share. The top reason is the ticking number of risk factors. Apart from the high usage of tobacco and consumption of alcohol, chewing betel quid is also quite common in Asia-Pacific. These risk factors have surged the number of cases and made Asia-Pacific the growing hub for cancer patients.
Inarguably, the head and neck cancer therapeutics market is progressing upward. The market is segmented into drugs, surgeries, radiation therapy, chemotherapy, and immunotherapy. Industry players across the globe are vested in getting valuable findings through research and analysis. This research enables them to take the best steps and decisions to introduce effective solutions to the market so that patients can get diagnosed early and seek treatment fast, increasing their chances of recovery and enjoying quality living.
The industry-leading players include Bristol-Myers, Sanofi S.A., Pfizer Inc, Merck & Co, and AstraZeneca plc. As the market is expected to grow in the coming years, industry players can use the Douglas Insights comparison engine to extract valuable insights and use the information to make the best investment decisions and marketing strategies. Informed decision-making will help generate high investment returns, increase market share and penetrate new markets.
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