About Gastrointestinal Cancer Drugs
Gastrointestinal cancer refers to the group of cancers associated with the gastrointestinal tract (GI tract) and accessory organs of digestion, including the esophagus, stomach, biliary system, pancreas, small intestine, large intestine, rectum and anus. The treatment of this type of cancer depends on each patient's type and stage of cancer as well as the patient's age, overall health and preferences.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
CAGR | 16.0% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Gastrointestinal 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.
Bristol-Myers Squibb Company (United States), Roche Holding AG (Switzerland), Eli Lilly and Company (United States), Johnson & Johnson (United States), GlaxoSmithKline plc. (United Kingdom), Celgene Corporation (United States) 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 coverage are Sanofi S.A. (France), Novartis AG (Switzerland) and AstraZeneca (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Gastrointestinal Cancer Drugs market by , Application (Hospitals, Specialized Cancer Treatment Centers, Clinics and Ambulatory Surgical Centers) and Region.
On the basis of geography, the market of Gastrointestinal 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 Drug Type, the sub-segment i.e. Ramucirumab will boost the Gastrointestinal Cancer Drugs 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 Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Gastrointestinal Cancer Drugs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancements in the Medical Science and Increased Research and Development Activities
Market Growth Drivers:
Increased Prevalence of Gastrointestinal Cancers and Huge Investments by the Major Players
Challenges:
Stringent Government Rules and Regulations
Restraints:
Side Effects of the Cancer Drugs
Opportunities:
Growth in the Health Care Industry Worldwide, Growing Geriatric Population Worldwide and Robust Increase in the Distribution Channels
Market Leaders and their expansionary development strategies
In March 2023, Merck & Co. and BeiGene entered a strategic collaboration to co-develop and co-commercialize tisleozumab vedotin (Tivdak), a drug for the treatment of advanced stomach cancer and gastroesophageal junction (GEJ) cancer
In February 2023,The FDA approved Enhertu (fam-trastuzumab deruxtecan-nxki) for the treatment of adult patients with HER2-positive gastric or GEJ adenocarcinoma who have received prior trastuzumab therapy
Key Target Audience
Gastrointestinal Cancer Drugs Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users
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.