About Gastrointestinal Cancer Treatment
Gastrointestinal cancer is cancer associated with malignant situations of the gastrointestinal tract. The starting symptoms gastrointestinal cancer are abdominal pain, nausea, vomiting, feeling full after eating only a small amount of food, loss of appetite and others. High consumption high salty and smoked foods may cause gastrointestinal cancer. Thus, increasing consumption of salty and smoked foods in developing countries like China and India is fueling the growth of the market. Additionally, the high availability of gastrointestinal cancer treatment centers across the globe and an introduction of premium-priced therapies for advanced gastrointestinal cancer treatment have been supplementing the overall growth of the market. However, high cost associated with gastrointestinal treatment and lack of treatment facilities in many geographical regions such as the Middle East and South Africa are the factors that have been limiting the growth of the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 15.62% |
To entice more end users, market players are focusing on providing Gastrointestinal Cancer Treatment of higher quality while adhering to all regulatory standards. The service providers are also concentrating on the implementation of numerous advanced technologies. Furthermore, the numerous industry profits have led to the entry of new players, raising the level of rivalry in an already competitive market. The Gastrointestinal Cancer Treatment market is currently expanding due to the increasing number of technological advancement. Some of the key players in this market follow strategies, which include new product offerings, product approvals, partnerships and alliances, mergers and acquisitions, and business expansions.The Players having a strong hold in the market are Amgen Limited & Amgen, Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd., Eli Lilly and Company. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Gastrointestinal Cancer Treatment 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.
Amgen Limited & Amgen Ireland Limited (Ireland), Bristol-Myers Squibb Company (United States), F. Hoffmann-La Roche Ltd. (Switzerland), Eli Lilly and Company (United States), Johnson & Johnson (United States), GlaxoSmithKline plc. (United Kingdom), Celgene Corporation (United States), Pfizer Inc. (United States), Sanofi (France) and Novartis 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 Boston Scientific Corporation (United States), Otsuka Holdings (Japan) and CONMED Corporation (United States).
Segmentation Overview
AMA Research has segmented the market of Global Gastrointestinal Cancer Treatment market by and Region.
On the basis of geography, the market of Gastrointestinal Cancer Treatment 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 Drug Type, the sub-segment i.e. Doxorubicin Hydrochloride will boost the Gastrointestinal Cancer Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Therapy, the sub-segment i.e. Immunotherapy will boost the Gastrointestinal Cancer Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals and Specialty Clinics will boost the Gastrointestinal Cancer Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
An Introduction of Premium-Priced Therapies for Advanced Gastrointestinal Cancer Treatment
Market Growth Drivers:
Growing Number of People Suffering From Gastrointestinal Cancer due to Increasing Consumption High Salty and Smoked Foods and High Availability of Gastrointestinal Cancer Treatment Centers across the Globe
Challenges:
Lack of Treatment Facilities in Many Geographical Regions such as the Middle East and South Africa
Restraints:
High Cost Associated with Gastrointestinal Treatment and Intense Competition among Key Players
Opportunities:
Increasing obese Population across the globe and Increasing Government Initiative and Funding for Developing Healthcare Infrastructure
Market Leaders and their expansionary development strategies
On December 2023, FUJIFILM India proudly announces its partnership with GVN Hospital to introduce a groundbreaking mobile endoscopy unit called Endo Bus, revolutionizing the early detection of gastrointestinal (GI) cancer.
On November 8, 2023, the regulatory agency approved fruquintinib for the treatment of adult patients with mCRC who have been previously treated with fluoropyrimidine-, oxaliplatin-, and irinotecan-based chemotherapy, an anti-VEGF therapy, and, if RAS wild-type and medically appropriate, an anti-EGFR therapy.
As Vice President, in 2016, Joe Biden launched the Cancer Moonshot with the mission to accelerate the rate of progress against cancer. The cancer and patient community and medical researchers responded with tremendous energy and ingenuity. February 2022, President Biden is reigniting the Cancer Moonshot with renewed White House leadership of this effort.
Key Target Audience
Gastrointestinal Cancer Treatment Providers, Government Associations and Agencies, Private Research Organization, Upstream and Downstream Vendors, Potential Investors and Others
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.