Hepatocellular Carcinoma Drugs Market Overview:
Hepatocellular carcinoma (HCC) is an important type of liver cancer that originates from liver cells or hepatocytes. The disease is mainly observed in patients with hepatitis B, hepatitis C, cirrhosis, obesity and diabetes. The diagnosis of hepatocellular carcinoma is mainly carried out through imaging tests such as ultrasound, magnetic resonance, computed tomography and liver biopsy. The treatment of hepatocellular carcinoma includes mainly radiotherapy, ablation therapy, in addition to chemotherapy and pharmacotherapy. The majority of patients with HCC are diagnosed in the final stage of hepatic dysfunction. Due to the poor prognosis of the disease, the mortality rate is approximately the same as the incidence rate. Therefore, the early detection of cancer is an important parameter to improve the survival of affected patients, thus contributing to the growth of the global market for drugs of hepatocellular carcinoma.
The Hepatocellular Carcinoma Drugs Market size is expected to be valued at USD XX million by 2022, as per a new report by Research Cosmos, expanding at a CAGR of XX % during the forecast period.
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Hepatocellular Carcinoma Drugs Market Drivers and restraints:
The increase in the incidence of cases of hepatocellular carcinoma worldwide is an important factor in the growth of the market. In addition, clinical advances integrated with the approval of new drugs by regulators to treat hepatocellular carcinoma increase market growth. The therapy showed a significant improvement in patient survival after the failure of standard treatments. However, the side effects associated with medications such as anemia, constipation, low white blood cell count and pneumonia are the factors that slow down market growth.
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Hepatocellular Carcinoma Drugs Market Geographical segmentation:
The regional segmentation of the global drug market for hepatocellular carcinoma of Coherent Market Insights includes North America, Latin America, Europe, Asia Pacific, the Middle East and Africa. North America is expected to dominate the global market during the projected period, due to the increasing prevalence of the disease and the increasing number of clinical trials conducted by manufacturers to meet the unmet medical needs of patients. The Asia-Pacific region is expected to become increasingly important in the global market for hepatocellular cancer drugs due to the growing number of research and development activities carried out by manufacturers in the region to develop effective treatments.
Key players operating in the global hepatocellular carcinoma drugs market include Novartis Pharmaceuticals, Bayer AG, Merck & Co., Inc., Bristol-Myers Squibb Company, AbbVie Inc., Johnson & Johnson, Celgen Corporation, Amgen Inc., Teva Pharmaceutical Industries Ltd., Pfizer Inc., and Takeda Pharmaceutical Co. Ltd.
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