Oxaliplatin Market Scope
Oxaliplatin is a platinum-based drug used in the treatment of stage III colon cancer, who have undergone complete resection of the primary tumor and also for the treatment of advanced colorectal cancer. This medicine can’t take on high allergic reactions, Neuropathy, Pulmonary Toxicity, Hepatotoxicity, and Pregnancy. It is commonly known as a trading name as Eloxatin.
The global Oxaliplatin market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Research Analyst at AMA estimates that China Players will contribute to the maximum growth of Global Oxaliplatin market throughout the predicted period.
Sanofi (France), Yakult honsha (Japan), Dr. Reddy's Laboratories (India), Sun Pharmaceutical (India), Teva Pharmaceutical Industries (Israel), Fresenius Kabi (Germany), Hospira (United States), Mylan (United States), Jiangsu Hengrui Medicine (China) and Nanjing Pharmaceutical Factory (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Hisun Pharmaceutical (United States), Chia Tai-Tianqing Pharmaceutical Holdings Co., Ltd (China), Jiangsu Aosaikang Pharmaceutical (China) and Qilu Pharmaceutical (China).
Segmentation Overview
The study have segmented the market of Global Oxaliplatin market by Type (Mannitol, Glucose Solution, Lactose Solution and Others), by Application (Colorectal Cancer (XELOX), Pancreatic Cancer, Gastroesophageal Cancer, Testicular Cancer, Cancer of Unknown Primary Origin and Ovarian Cancer) and Region with country level break-up.
On the basis of geography, the market of Oxaliplatin 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).
Oxaliplatin Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increase Number of Cancer Patients across the Globe, But Majorly in the United States Region
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Influencing Trends | - Increasing Number of Research and Development Activities
- Technology Advancement in Manufacturing Equipment
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Restraints | - Stringent Government Regulations
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Road Blocks / Challenges | - Rising Concern towards High Number of Side Effects
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Gaps & Opportunities | - Increasing Number of Drug Manufacturing Companies
- Rise in Distribution Channels among Emerging Economies
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In Nov 2018, Merck announced the approval of the KEYTRUDA drug from the United States Food and Drug Administration. KEYTRUDA is defined for the treatment of adult and pediatric patients. It is used in colorectal cancer that has progressed the treatments with oxaliplatin.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Oxaliplatin Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
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.