Industry Background:
Carcinoid syndrome mostly occurs in a patients sufferings from metastatic neuroendocrine tumors. These are slow growing tumors and occur in the gastrointestinal tract result in chronic diarrhea. This causes weight loss, dehydration, malnutrition, and electrolyte imbalance which can be controlled by reducing the production of serotonin hormone. Increasing research to developed advanced treatments for Carcinoid syndrome Diarrhea expected to drive the market over the forecasted period.This growth is primarily driven by Development of Non-Surgical Treatment Such As Embolization, Somatostatin Analogs, and Others. and Emphasizing On Orphan Drugs for Carcinoid Syndrome Treatment.
Globally, a noticeable market trend is evident Treating Carcinoid Tumors by Biological Therapy with Interferon Alfa Drug
. Major Players, such as Ipsen Biopharmaceuticals Inc. (France), Lexicon Pharmaceuticals, Inc. (United States), Novartis International AG (Switzerland), Pharmascience Inc. (Canada), Omega Laboratories Ltd. (United States), Teva Pharmaceutical Industries Ltd. (Israel), Mylan N.V. (United States), Sirtex Medical Limited (Australia), BTG International Ltd. (United Kingdom) and Starpharma Holdings Limited (Australia) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
16 October 2018, Health Canada approves XERMELOTM treatment for adults whose refractory carcinoid syndrome diarrhea previously controlled by somatostatin analogue therapy alone.
Regulatory Insights:
Recently in 2018, “Food and Drug Administration (FDA) approved a new targeted treatment, lutetium Lu 177 dotatate, for adult patients with advanced NETs that affect the pancreas or gastrointestinal tract, known as GEP-NETs. Lutetium Lu 177 dotatate is the first radioactive drug approved to treat these rare cancers.”
Market Drivers
- Development of Non-Surgical Treatment Such As Embolization, Somatostatin Analogs, and Others.
- Emphasizing On Orphan Drugs for Carcinoid Syndrome Treatment
Market Trend
- Treating Carcinoid Tumors by Biological Therapy with Interferon Alfa Drug
- Development of New Drugs to Treat Carcinoid Syndrome
Restraints
- Low Availability of Therapeutic For Treatment of Carcinoid Syndrome
Opportunities
Advancement in Therapies for Carcinoid Syndrome Diarrhea Treatment
Challenges
Lack of Healthcare Infrastructure in Developing Economies and Reducing Adverse Effect of Treatment Such As Flu, Fatigue, and Others
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Carcinoid Syndrome Diarrhea Treatment Study Sheds Light on
The Carcinoid Syndrome Diarrhea Treatment Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Carcinoid Syndrome Diarrhea Treatment industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Carcinoid Syndrome Diarrhea Treatment industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.