Lung Cancer Therapeutics Market by Treatment Type and by Region 2021
The Global Lung Cancer Therapeutics Market was worth $5.65 billion in 2016 and estimated to be growing at a CAGR of 6.7%, to reach $7.81 billion by 2021.
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Lung cancer is a malignant lung carcinoma which is characterized by irregular cell growth in lung tissue. As the tumour grows in size, it reduces the lungs’ ability to provide oxygen to arteries, veins and capillaries. It is the common cause of mortality and illness not only in developed countries but also in developing countries. Smoking is thought as a main cause of lung cancer, though lung cancer also follows in non-smokers.
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Air pollution, amplified alcohol consumption, varying life style, smoking, unhealthy food, and no physical activity are the factors indirectly driving the market. Governments in the developing economies are providing awareness among the people about the cancer. As the geriatric population is likely to increase, the incidence of lung cancer is predicted to rise, thus acting as a driver for revenue growth.
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Global Market for Lung Cancer Therapeutics is segmented based on Type of Treatment and Region into further sub-segments as follows:
1. By Treatment Type:
- External Beam
- Internal Beam
• Drugs Type
2. By Geography:
• North America
• Latin America
• Middle-East and Africa
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The prominent players of this market include BoehringerIngelheim GmbH, Hoffman-La Roche, Pfizer Inc., GlaxoSmitKline, Eli Lilly and Company, Agennix AG, AstrazenecaPlc and Sanofi-Aventis.
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