About Head and Neck Cancer Diagnostics
Head and neck cancer generally begin in the squamous cells that line the moist, mucosal surfaces inside the head and neck. These squamous cell cancer are generally referred to as squamous cell carcinomas of the head and neck. Head and neck cancer can also originate in the salivary glands, but salivary gland cancers are somewhat uncommon. Increase in the patient population, rise in health care infrastructure in developing economies, growth of the pharmaceutical industry are the key factors drive the head and neck cancer market. However, high cost of treatment is hampering the market
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States and German Players will contribute the maximum growth to Global Head and Neck Cancer Diagnostics 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.
Sanofi (France), Pfizer (United States), Eli Lilly and Company (United States), AstraZeneca (United Kingdom), Teva Pharmaceuticals (Israel), F. Hoffmann-La Roche Ltd. (Switzerland), Fresenius Kabi (Germany), Merck (United States), Bayer AG (Germany) and Bristol-Myers Squibb Company (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are AbbVie Inc (United States), AB Science SA (France) and Astellas Pharma Inc (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Head and Neck Cancer Diagnostics market by Type (Diagnostic imaging equipment, Endoscopy screening equipment, Bioscopy screening tests, Blood tests and Dental diagnostic), Application (Hospitals, Specialty Clinics and Ambulatory Surgical Centers) and Region.
On the basis of Type, Diagnostic imaging equipment are dominating the market in the year 2023 where as Endoscopy screening equipment stood as second largest market share.
On the basis of application, Hospitals segment is dominating the market in the year 2023 where as Specialty Clinics segment stood as second largest market .On the basis of geography, the market of Head and Neck Cancer Diagnostics 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). North America region held largest market share in the year 2023. Asia Pacific, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Disease, the sub-segment i.e. Laryngeal and Hypopharyngeal Cancer will boost the Head and Neck Cancer Diagnostics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Drug Class, the sub-segment i.e. EFGR inhibitors will boost the Head and Neck Cancer Diagnostics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Upsurge in research and development activity
Market Growth Drivers:
Increase in health care infrastructure in developing economies and Growing pharmaceutical industry worldwide
Challenges:
Lack of awareness in developing economies
Restraints:
High cost of treatment and Increase in failure rate of late stage clinical trials
Opportunities:
New advancements in development of product
Market Leaders and their expansionary development strategies
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In February 2021, Regeneron Pharmaceuticals, Inc. and Sanofi announced that the U.S. Food and Drug Administration (FDA) has approved the PD-1 inhibitor Libtayo® (cemiplimab-rwlc) for the first-line treatment of patients with advanced non-small cell lung cancer (NSCLC) whose tumors have high PD-L1 expression (tumor proportion score ≥50%), as determined by an FDA-approved test. Patients must either have metastatic or locally advanced tumors that are not candidates for surgical resection or definitive chemoradiation, and the tumors must not have EGFR, ALK or ROS1 aberrations.
The Food and Drug Administration is undertaking a project to evaluate potential endpoints for cancer drug approval. Endpoints will be examined for the most common cancers, such as lung cancer, colon cancer, etc. For each cancer, FDA will hold public workshops to identify important issues
Key Target Audience
Manufacturers of head and neck cancer drugs, Suppliers of head and neck cancer drugs sub-components, Healthcare industry, Clinics, Governmental bodies and Research firms
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.