Cowden Syndrome Market Demand 2020 | Key Findings, Regional Analysis, Covid19 Impact, Key Players Profiles and Future Prospects
Research Reports
Jan 04, 2021
Global Cowden Syndrome Market Research Report: By Site (Breast, Thyroid, Colorectal, Kidney, Skin), Treatment (Genetic Testing, Chemotherapy, Targeted Therapy, Surgery & Radiation Therapy, Hormone Therapy), End User (Hospital & Clinics) – Forecast till 2023
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Market Highlights
Cowden syndrome is part of the PTEN hamartoma tumor syndrome. Cowden syndrome is characterized by a high risk of both benign and cancerous tumors of the breast, thyroid, endometrium, colorectal, kidney, and skin. The global Cowden syndrome market is expecting a healthy growth in the coming future. The global market is majorly driven by increasing Cowden syndrome patients across the globe. Additionally, increasing smoking population and rising consumption of alcohol have spurred the growth of the market. However, long time for approval and side effects of the treatment may hinder the growth of the market.
The global Cowden syndrome market is expected to grow at a CAGR of 6.7% during the forecast period 2017-2023.
Segmentation
The global Cowden syndrome market is segmented on the basis of the site, treatment, and end users.
On the basis of the site, the market is segmented into the breast, thyroid, endometrium (uterus), colorectal, kidney, skin (melanoma), and others.
On the basis of the treatment, the market is categorized into genetic testing, chemotherapy, surgery & radiation therapy, targeted therapy, hormone therapy, biologic therapy, and other. The chemotherapy is further segmented into anthracyclines, taxanes, antimetabolites, and alkylating agents. The targeted therapy is sub-segmented with monoclonal antibodies and tyrosine kinase inhibitors. The hormone therapy is further segmented into selective estrogen-receptor modulators (SERMs), aromatase inhibitors and others.
On the basis of the end users, the market is segmented into hospital & clinics, ambulatory care centers, and others.
Regional Analysis
The Americas dominate the global market owing to a huge patient population, high health care spending, and strong government support for research & development. As per the report of the Centers for Disease Control and Prevention, in 2014, over 14.1 million of new cancer cases were registered worldwide. Thus, increasing prevalence of the syndrome has boosted the American market growth. Additionally, changing lifestyle and growing smoking addiction has fuelled the growth of the market.
Europe is the second leading region in the global Cowden syndrome market, which is followed by the Asia Pacific. Germany and the U.K are expected to lead the market of Europe. The Asia Pacific is the fastest growing Cowden syndrome market. Asia Pacific Cowden syndrome market is majorly driven by Japan, India, and China owing to a huge patient pool, and rapidly developing healthcare sector. The Middle East and Africa contribute the least to the growth of the global market. The Middle East holds the major share of the Middle East and African region. The UAE, Saudi Arabia, and Kuwait are expected to drive the Middle East Cowden syndrome market. However, Africa holds the least share of the global market due to limited availability of medical facilities and poor economic condition of the region. On the other hand, the growth of the African market is high due to the presence of ample opportunities for the development of the market.
Key Players
Some of key the players in the market are Novartis AG (Switzerland), GlaxoSmithKline Plc. (U.K.), Bayer AG (Germany), Amgen, Inc. (U.S.), Eli Lilly and Company (U.S.), AstraZeneca Plc. (U.K.), Bristol-Myers Squibb Company (U.S.), Sanofi (France), AbbVie Inc. (U.S.), Spectrum Pharmaceuticals Inc. (U.S.), Takeda Pharmaceuticals (Japan), Pfizer, Inc. (U.S.), Merck & Co., Inc. (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), Janssen Biotech, Inc. (U.S.), Immunomedics (U.S.), and Oncomed Pharmaceuticals (U.S.).
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