Endometrial Cancer Market – Overview
The global endometrial cancer market is expecting a robust CAGR and a strong market presence during the forecast period (2018-2023), in an all-inclusive study asserts Market Research Future (MRFR).
Endometrial cancer is also known as uterine cancer and is the sixth most common cancer in women across the world. The daunting number speaks for itself and promotes the factors that ensure the market growth for endometrial cancer.
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Leading Key Players
The prominent players involved in the market are
- Pfizer Inc.
- General Electric Company
- Koninklijke Philips N.V.
- Bayer AG
- Celgene Corporation
- Johnson & Johnson
- CooperSurgical Inc.
- LiNA Medical USA
- Conceptus Inc.
The market is witnessing significant funding going into research and developments. For instance, Salk Institutes is getting a sizeable amount of fund from Padres Pedal the Cause.
Others are mainly focusing on mergers and acquisitions. Royal Philips acquiring EPD Solutions can be taken exemplary. Boston Scientific has also acquired EMcision, Ltd.
Endometrial Cancer Market – Segmentation
The global endometrial cancer market can be segmented by diagnosis, treatment, and end-user.By diagnosis, the market can further be segmented into the pelvic examination, transvaginal ultrasound, endometrial biopsy, dilation and curettage (D&C), and laparoscopy.
Treatment-based market includes hysterectomy techniques, radiation, hormone therapy, chemotherapy, and palliative care. Based on the end-users the market can be segmented into hospitals and clinics, ambulatory surgical centers, diagnostic centers, gynecology centers, feminist health centers, and others.
Drivers and Restraints
Urbanization across the world is experiencing an express speed growth rate owing to which the population is undergoing remarkable lifestyle change. A sedentary lifestyle has become the norm for many, and growing obesity among women is resulting in the rising number of endometrial cancer.
Lack of nutritional elements in consumed food and other diseases such as polycystic ovarian syndrome (PCOS) and the ovarian tumor can trigger endometrial cancer.
Endometrial Cancer Market -Regional Analysis
The regional segmentation of the global endometrial cancer market has been segmented into The Americas (North America & South America), Europe, Asia Pacific, and the Middle East & Africa (MEA). The Americas currently hold the largest market share, and during the forecast period, they are expected to retain their spot.
This region is experiencing a growing number of endometrial patients who are spending much on diagnostic and treatment. Due to a well-structured healthcare system and extensive research units, the market is strong in this region.
In the Americas, North America is a bigger market than South America because, in North America, more advanced medical facilities and population with higher per capita income are available. The biggest country based markets in this region are the United States of America (USA) and Canada.
Currently, Europe is the second largest market. Robust healthcare sector and advanced technologies are the driving factors for the European market. Due to reasons same as The Americas, Western Europe is a bigger market than Eastern Europe.
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Some key players in this market-based in Europe are based in strong economies like the United Kingdom (UK), Germany, Netherlands, and France. During the forecast period, the Asia Pacific can also witness significant growth in the market.
In this region, the market is driven by rising incidence of cervical cancer in countries such as India and China. MEA market is small due to lack of awareness, lack of education, lack of technological development, political instability, poor healthcare, and healthcare not considered a priority by most governments.
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