Market Dynamics: The fallopian tube cancer market is poised to exhibit a significant revenue compound annual growth rate (CAGR) over the forecast period, driven by the increasing incidence of fallopian tube cancer. Globally, reported cases of fallopian tube cancer range between 1,500 and 2,000. In the United States, ovarian, fallopian tube, and peritoneal cancers collectively represent the top three causes of female mortality. It is estimated that around 19,880 cases of ovarian cancer will be diagnosed in the U.S. High-Grade Serous Ovarian cancers (HGSC), originating in the fallopian tube, account for 90% of all cases, thereby contributing to the growth of the fallopian tube cancer market. Moreover, advancements in research and development of treatments, increasing incidence of genetic abnormalities, and the prevalence of cancer-related diseases further bolster market expansion. Anticipated opportunities driving market growth include the development of emerging and unexplored markets, potential technological breakthroughs, enhancements in the healthcare infrastructure specific to fallopian tube cancer, and the establishment of new cancer diagnostic facilities.
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Drivers: The anticipated increase in the incidence of fallopian tube cancer is expected to drive the growth of treatments for this condition in the coming years, with approximately 1%–2% of gynecologic malignancies attributed to it. Fallopian tube cancer has been reported in approximately 1,500 to 2,000 individuals globally. As fallopian tube cancer primarily affects women aged 50 to 60, the rising number of elderly women is projected to fuel market expansion. According to projections from the Foundation for Women's Cancer, around 32,120 women are expected to succumb to gynecologic cancers in 2018, with approximately 110,070 women diagnosed with the disease. The American Society of Clinical Oncology reported approximately 22,240 new cases of ovarian cancer in the U.S. in 2017.
The increasing development of therapies is predicted to accelerate market growth for fallopian tube cancer. For instance, the FDA approved the use of Rucaparib, a Poly ADP-Ribose Polymerase (PARP) inhibitor developed by Clovis Oncology Inc., for maintenance therapy of recurrent fallopian tube cancer, ovarian cancer, or primary peritoneal cancer in 2018. Additionally, factors such as the rise in healthcare facilities, increased healthcare expenditure, research and development efforts by major stakeholders, and technological advancements focusing on the development of novel therapeutic alternatives are expected to support market expansion.
Restraints: The fallopian tube cancer market is expected to face growth constraints due to various factors, including stringent FDA guidelines for therapy approval and an unfavorable reimbursement environment. High treatment costs pose a significant challenge for participants in the fallopian tube cancer market, while adverse reactions to chemotherapeutic drugs, such as fatigue, hair loss, and nausea, are anticipated to impede market expansion.
Opportunities: Alongside advancements in cancer research and development, the global fallopian tube cancer market has been witnessing growth. Over the past decade, there has been a surge in research advancements in oncology, which is expected to lead to the development of more effective cancer treatments and explore new research avenues seamlessly. Significant progress has been made in women's health, which has had a positive impact on the global fallopian tube cancer market.
Key Market Trends and Innovations: As immunotherapy is enhanced, chemotherapy regimens are optimized, and targeted medicines are developed, promising approaches for introducing medicines and reducing off-target effects include nanoparticle technology. In one study, a combination of docetaxel or cisplatin with nano liposomal particles targeting cancer stem cells showed slowed tumor growth in a mouse model of ovarian/fallopian tube cancer compared to chemotherapy alone. Another study targeted a cell membrane transporter involved in the extrusion of chemotherapy medicines using nano liposomal particles.
Organic and Inorganic Strategies Adopted: In April 2020, GSK received FDA approval for niraparib (ZEJULA) for the treatment of adult patients in full or partial remission from platinum-based first-line chemotherapy and with advanced epithelial ovarian, fallopian tube, or primary peritoneal cancer. In May 2020, AstraZeneca received FDA approval to use Olaparib (LYNPARZA) in combination with bevacizumab for the treatment of adults in complete or partial response to first-line platinum-based chemotherapy and with advanced epithelial ovarian, fallopian tube, or primary peritoneal cancer.
Key Players:
• Novartis AG
• Tesaro, Inc.
• Clovis Oncology Inc.
• GSK Plc.
• F. Hoffmann-La Roche Ltd.
• Arrien Pharmaceuticals
• AstraZeneca
• Genentech
• Clinigen Limited
• Start-ups like BioVaxys Technology Corporation
What Our Report Provides And Why Our Offering Is Better: This report offers historical data, forecasts, and revenue growth at global, regional, and country levels. It provides analysis of industry trends, consumption patterns, and segment details for each region, major country, and segment from 2019 to 2030.
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