Pheochromocytoma Market Growth and key Industry Players 2018 Analysis and Forecasts to 2025
Research Reports
Jan 27, 2021
The global pheochromocytoma market is growing owing to the increasing investment by major companies to develop specific treatment options, high prevalence of pheochromocytoma, and an increasing number of clinical trials for drugs for pheochromocytoma. Furthermore, the rapidly changing lifestyle, rising healthcare expenditure, and increasing incidence rate of rare tumors are also expected to fuel the market growth.
According to MRFR analysis, Pheochromocytoma Market is expected to register a CAGR of 3.84% during the forecast period of 2019 to 2025. The global market was valued at USD 2,814.75 Million in 2018.
Segmentation
The Global Pheochromocytoma Market has been segmented based on treatment type and end-user.
The global pheochromocytoma market has been segmented, on the basis of treatment type, into alpha-blockers, beta-blockers, surgery, radionuclide treatment, and others. The surgery segment is expected to hold the largest market share as it is the most preferred treatment option for pheochromocytoma. The radionuclide treatment is expected to grow at the fastest CAGR owing to an increasing number of applications of radiopharmaceuticals in the treatment of various diseases.
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The market based on end-user has been segmented into hospitals & clinics, research & academic institutes, and others. Hospitals and clinics are the first point of treatment for any disease; hence it is expected to hold the largest market share. Research & academic institutes are expected to grow at the fastest CAGR owing to increasing research & development activities for better treatment options for pheochromocytoma.
Regional Analysis
The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is expected to be the largest market owing to the increasing prevalence of pheochromocytoma. The pheochromocytoma market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada.
The European pheochromocytoma market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
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Key Players
Some of the key players in the Global Pheochromocytoma Market are Pfizer Inc. (US), Teva Pharmaceutical Company Limited (Israel), Zydus Cadila (India), Novartis AG (Switzerland), Curium Pharma (UK), Jubilant Cadista (US), AstraZeneca (UK), Mylan N.V. (US), Apotex Inc. (Canada), Dr. Reddy’s Laboratories Ltd (India), Lupin (India), and Glenmark Pharmaceuticals Limited (India).
Other prominent players in the market include Exelixis, Inc. (US), Progenics Pharmaceuticals, Inc. (US), Oncoceutics, Inc. (US), FUJIFILM Holdings Corporation (Japan), and Advanced Accelerator Applications (France).
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