Colorectal Cancer Market 2018 | In-Depth Analysis by Trends, Forecasts, Manufacturers, Sale, Share and Forecast to 2026
Colorectal Cancer starts from colon, and is also referred as colon cancer. The cancer cells grow in the inner lining of colon or rectum and these cells are known as polyps. Generally, there are five types of colon cancer namely; Adenocarcinomas, carcinoid tumours, gastrointestinal stromal tumours, lymphomas, and sarcomas. Adenocarcinomas is the most common type of colon cancer that makes up 96% of total colon cancer. The colorectal cancer spreads into lymph nodes that can be treated with surgical treatment followed by chemotherapy. Colorectal cancer is characterised by bleeding from back passage, losing weight, and pain in your abdomen or back passage. Approximately, 50,000 people die due to this disease every year.
According to American Society of Clinical Oncology (ASCO), colorectal is the fourth most common type of cancer in the U.S. In 2017, the number of people suffering from Colorectal Cancer were 135, 430 adults in the U.S.
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Colorectal Cancer Market Size will gain traction due to the factors such as technological advancements for developing therapies that would be effective in treating this type of cancer.
Colorectal Cancer Market is primarily driven by the increasing adoption of western diets globally. These diets contain high fats and low fibres leading to the formation of polyps in the colon or rectum. On the other hand, the increasing awareness for treating colorectal cancer by chemotherapy and immunotherapy would also propel the industry growth during the forecast period. While, rise in the aging population, and increasing awareness of consumers in the developing countries will also boost the colorectal market.
Key players in the Colorectal Cancer Market are: -
- Amgen Inc.
- Bayer AG
- Boehringer Inghelheim Inc.
- Bristol-Myers Squibb
- Merck & Co.
- Seimens Healthcare
- Epigenomic AG
- Clinical Genomics
- Beckman Coulter
- Abbott Diagnostics
- EDP Biotech
- Genomic Tree
- Metabiomics Corporation
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Geographical Analysis: -
North America is expected to dominate the Colorectal Cancer Market over forecast period. The market is primarily driven by rising number of aging populations in this region, and increasing research & development for new diagnostic methods and innovation of novel drug treatments by the manufacturers. Moreover, high expenditure on healthcare by the government would spur the market in North America
However, Asia Pacific colorectal cancer is anticipated grow at a faster rate during the forecast period. Increasing number of aging populations, availability of treatment drugs and diagnostics at an economic cost in countries such as China, India, and Japan are the major factor anticipated to govern the Colorectal Cancer Market during upcoming years.
TOC of Colorectal Cancer Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3. Colorectal Cancer Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
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