About Kidney Cancer Drugs
Kidney cancer is also called renal cancer. It is a disease in which kidney cells become malignant and grow out of control, forming a tumor. It first appears in the lining of tiny tubes in the kidney and this type of kidney cancer is known as renal cell carcinoma. Most of the kidney cancers are found before they spread to distant organs. The drug treatment for kidney cancer is based on the stage and grade of cancer and the patient’s general health.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Kidney Cancer Drugs market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Kidney Cancer Drugs Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Kidney Cancer Drugs 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.
Pfizer (United States), Abbott Laboratories (United States), GlaxoSmithKline PLC (United Kingdom), Novartis AG (Switzerland), Merck KGaA (Germany), Bayer AG (Germany), Active Biotech (Sweden), Amgen (United States), Cipla Limited (India) and Roche Holding AG (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Genentech (United States), Prometheus Laboratories (United States), Exelixis Inc. (United States), AVEO Oncology (United States) and Immatics Biotechnologies (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Kidney Cancer Drugs market by Type (Nexavar (Sorafenib), Sutent (Sunitinib), Afinitor (Everolimus), Votrient (Pazopanib), Avastin (Bevacizumab), Inlyta (Axitinib), Torisel (Temsirolimus), Proleukin (Aldesleukin) and Other), Application (Hospitals, Clinics, Research Center and Other) and Region.
On the basis of geography, the market of Kidney Cancer Drugs 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 Therapy, the sub-segment i.e. Targeted Therapy will boost the Kidney Cancer Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in the Kidney Cancer Treatment
Market Growth Drivers:
Increase in the Prevalence of Kidney Cancer, Development of New Diagnostic Centers and Hospitals and Increase in Healthcare Expenditure
Challenges:
Lack of Awareness among People in Developing Countries
Restraints:
High Cost of Kidney Cancer Drugs
Opportunities:
Rising Aging Population Worldwide and Development of Healthcare Infrastructure in Emerging Economies
Market Leaders and their expansionary development strategies
In January 2019, GlaxoSmithKline plc. announced that it has successfully completed the acquisition of TESARO, Inc. a commercial-stage biopharmaceutical company.
In May 2019, Merck KGaA and Pfizer Inc. announced that the US Food and Drug Administration (FDA) has approved BAVENCIO (avelumab) in combination with INLYTA (axitinib) for the first-line treatment of patients with advanced renal cell carcinoma (RCC).
Key Target Audience
Kidney Cancer Drugs Manufacturers, Research Professionals, Emerging Companies, Distributors, Government Body & Associations and End-user
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.