About Hormone Refractory Breast Cancer
According to WHO, breast cancer is the most frequent cancer among women, impacting 2.1 million women each year, and also causes the greatest number of cancer-related deaths among women. In 2018, it is estimated that 627,000 women died from breast cancer that is approximately 15 of all cancer deaths among women as per world health organization. Breast cancer is cancer that forms a tumor in the cells of the breast. Hormone therapies are commonly used for the treatment of breast cancer, which subsequently leads to resistance after the continuous use of hormone therapy.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.5% |
The global hormone refractory breast cancer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global hormone refractory breast cancer market. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Hormone Refractory Breast Cancer market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AstraZeneca plc (United Kingdom), Bluefish Pharmaceuticals AB (Sweden), AmpliMed Corporation (United Kingdom), F. Hoffmann-La Roche Ltd. (Switzerland), Neopharm Ltd. (Israel), NeoCorp GmbH (Germany) and Boehringer Ingelheim GmbH (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hormone Refractory Breast Cancer market by and Region.
On the basis of geography, the market of Hormone Refractory Breast Cancer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Treatment, the sub-segment i.e. Hormone receptor-based therapy will boost the Hormone Refractory Breast Cancer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-users, the sub-segment i.e. Hospitals will boost the Hormone Refractory Breast Cancer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Diagnosis, the sub-segment i.e. CT Scan will boost the Hormone Refractory Breast Cancer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Research and Development Activities and Government Initiatives for Cancer Research
Market Growth Drivers:
Increased Prevalence of Breast Cancer Worldwide and High Demand for Effective Cancer Treatment
Challenges:
Stringent Government Rules and Regulations
Restraints:
Less Awareness about Cancer Treatment in Some Regions
Opportunities:
Growth in the Health Care Industry and Huge Investments By Major Players
Market Leaders and their expansionary development strategies
On April 2022, Enhertu (trastuzumab deruxtecan), a collaboration between AstraZeneca and Daiichi Sankyo, has received Breakthrough Therapy Designation (BTD) in the United States for the treatment of adults with metastatic HER2-low breast cancer who have gone through prior systemic therapy in the metastatic setting or who have developed disease re-occurrence during or within six months of completing adjuvant chemotherapy. The therapy can be applied to patients having hormone receptor-positive breast cancer should have had endocrine therapy else they are ineligible for it. AstraZeneca and Daiichi Sankyo are working to develop and commercialize Enhertu, a precisely tailored HER2-directed antibody-drug conjugate (ADC).
In February 2023, Gilead Sciences, Inc. announced the U.S. Food and Drug Administration (FDA) has approved Trodelvy (sacituzumab govitecan-hziy) for the treatment of adult patients with unresectable locally advanced or metastatic hormone receptor (HR)-positive, human epidermal growth factor receptor 2 (HER2)-negative (IHC 0, IHC 1+ or IHC 2+/ISH–) breast cancer who have received endocrine-based therapy and at least two additional systemic therapies in the metastatic setting.
Key Target Audience
Pharmaceutical Companies, Raw Material Suppliers, Distributors, Emerging Companies and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.