Gynecologic Cancer Market Scope
Gynecologic cancer is any cancer that starts in a woman's reproductive organs. Five main types of cancer affect a woman's reproductive organs are cervical, ovarian, uterine, vaginal, and vulvar. As a group, they are referred to as gynecologic cancer. The sixth type of gynecologic cancer is a very rare fallopian tube cancer. Rapid innovations in devices and technological advancement have encouraged doctors and researchers to shift their focus from traditional diagnostic methods to personalized medicines.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | GlaxoSmithKline plc (United Kingdom), Becton, Dickinson and Company (United States), Eli Lilly and Company (United States), Bristol Myers Squibb Co. (United States), F. Hoffmann-La Roche Ltd. (Switzerland), Siemens Healthcare GmbH (Germany), Quest Diagnostics Incorporated. (United States), Merck & Company, Inc. (United States), Novartis AG (Switzerland) and Pfizer, Inc. (United States) |
CAGR | 6.6% |
This is a consolidated market, there is a huge number of market players present in this market. There is a strong rivalry in this industry. The players highly focusing on business growth strategies such including new product launch, merger & acquisitions, Licensing partnerships, and others to become more competitive in the market. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Gynecologic Cancer market throughout the predicted period.
GlaxoSmithKline plc (United Kingdom), Becton, Dickinson and Company (United States), Eli Lilly and Company (United States), Bristol Myers Squibb Co. (United States), F. Hoffmann-La Roche Ltd. (Switzerland), Siemens Healthcare GmbH (Germany), Quest Diagnostics Incorporated. (United States), Merck & Company, Inc. (United States), Novartis AG (Switzerland) and Pfizer, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Thermo Fisher Scientific (United States), Bio-Rad Technologies Inc. (United States) and Abbott (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Gynecologic Cancer market by Type , by Application (Hospital, Clinic and Other) and Region with country level break-up.
On the basis of geography, the market of Gynecologic 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In February 2019, Roche has entered into an agreement to acquire Spark therapeutics. This acquisition will offer new opportunities of treatment of serious diseases.
In June 2020, Genelux Corporation, a privately-held, clinical-stage immuno-oncology company, announced that it has formed a Clinical Advisory Board (CAB) on gynecologic cancers that will guide the clinical development of its lead clinical-stage candidate, Olvi-Vec.
In Sept 2020, Cancer patient advocates and medical professionals in more than 20 countries are planning activities for World Gynecologic Oncology Day (World GO Day).
Influencing Trend:
Advancements in Treatment of Gynecologic Cancer and Increasing Approval of New Drugs
Market Growth Drivers:
The Rising Occurrence of Various Types of Gynecologic Cancer Including Uterine Cancer, Ovarian Cancer, Vaginal Cancer, Vulvar Cancer and Surging Investment on Research and Development in Gynecology
Challenges:
Lack of Proper Reimbursement Policies in the Developing Countries
Restraints:
Patent Expiry of Various Major Drugs
Opportunities:
Enhancement in Healthcare Expenditure in Developed Regions and Huge Technological Advancements in Diagnostics Devices
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Gynecologic Cancer Diagnostics Devices and Drugs Manufacturers, Suppliers, and Distributors, Key Raw Material Manufacturers, Government Regulatory and Research Organizations and End-Use Industries