Global Neuroendocrine Tumors Market is Expected to Grow at 10.4% in the Forecast Period of 2021 to 2028

The Neuroendocrine Tumors Industry will relinquish an approximated estimate at a frequency of 10.4% for the projection space of 2021 to 2028 with factor such as increased incidence of neuroendocrine tumors cases, technological developments for detection of neuroendocrine tumors, need of targeted treatment therapies and favorable reimbursement policies.

However, the unmet need and access to medical resources in various regions, side effects associated with treatment and strict government regulations may obstruct the growth of the neuroendocrine tumors market in the given forecast period.

Neuroendocrine Tumors Market Scenario                              

According to Data Bridge Market Research, the market for neuroendocrine tumors in North America region has the highest market share followed by Europe and Asia-Pacific. Market leader is F. Hoffmann-La Roche Ltd which accounts an estimated market share of approximately 10% to 15%. The company has gained outstanding sales by providing diagnostics, minimally invasive surgery and branded drugs associated with neuroendocrine tumors to all the countries and rapid product approvals.

  • In August 2020, F. Hoffmann-La Roche Ltd had announced that the European Commission had granted priority approval for marketing authorization for Rozlytrek for treatment of adult and children aged 12 years suffering from advanced non-small cell lung cancer. The approval received is based on the cumulative analysis of phase II clinical trials, STARTRK-2. The approval received by the company would result in rise in research collaborations, timely treatment of the individuals and rise in revenue. It would exhibit a positive growth in the market.

Neuroendocrine Tumors Market

Trends Impacting the Neuroendocrine Tumors Market

Now the question is which other regions F. Hoffmann-La Roche Ltd, Bristol-Myers Squibb Company and Viatris Inc. are targeting? Data Bridge Market Research has estimated a large growth in North America neuroendocrine tumors market and the market leaders targeting the U.S. and Canada to be their next revenue pockets for 2021.

The neuroendocrine tumors market is becoming more competitive with companies such as F. Hoffmann-La Roche Ltd, Bristol-Myers Squibb Company and Viatris Inc. as they are the top dominating companies in neuroendocrine tumors having maximum number of products and services. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the global neuroendocrine tumors market.     

For more analysis on the global neuroendocrine tumors market, request for a briefing with our analysts

Neuroendocrine Tumors Market Development

  • In February 2021, Bristol-Myers Squibb Company had declared that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has recommended approval of Opdivo (nivolumab) in combination with Cabometyx (cabozantinib) for the first-line treatment of adults with advanced renal cell carcinoma (RCC). The positive approval received by the company would result in robust clinical trials, distribution of the drugs across the globe, rise in investments and research. It would deliver a positive growth in the market.

Scope of the Global Neuroendocrine Tumors Market

Global neuroendocrine tumors market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, France, U.K., Hungary, Italy, Spain, Russia, Poland, Turkey, Switzerland, Netherlands, Belgium, Austria, Norway, Ireland, Lithuania, rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, rest of Asia-Pacific, Brazil, Argentina, Peru, rest of South America, South Africa, Saudi Arabia, UAE, Israel, Egypt and rest of Middle East and Africa.

  • All country-based analysis of global neuroendocrine tumors market is further analyzed based on further segmentation. On the basis of classification, the neuroendocrine tumors market is segmented into functional net and non-functional net. On the basis of site, the neuroendocrine tumors market is segmented into lung, pancreas and gastrointestinal tract (GI). On the basis of grade, the neuroendocrine tumors market is segmented into grade 1 (low-grade tumor), grade 2 (intermediate-grade tumor) and grade 3 (high-grade tumor). On the basis of type, the neuroendocrine tumors market is segmented into diagnosis and treatment. On the basis of route of administration, the neuroendocrine tumors market is segmented into oral and parenteral. On the basis of end user, the neuroendocrine tumors market is segmented into hospitals, specialty clinics, radiation centers, home healthcare and others. On the basis of distribution channel, the neuroendocrine tumors market is segmented into direct tender, hospital pharmacy, retail pharmacy, online pharmacy and others.

To know more about the study

Key Pointers Covered in Global Neuroendocrine Tumors Market Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries

Key Market Competitors Covered in the Report

  • F. Hoffmann-La Roche Ltd
  • Bristol-Myers Squibb Company
  • Viatris Inc.
  • Thermo Fisher Scientific Inc.
  • Novartis AG
  • Regeneron Pharmaceuticals, Inc.
  • Sun Pharmaceutical Industries Ltd.
  • Teva Pharmaceutical Industries Ltd.
  • Eli Lilly and Company
  • Exact Sciences Corporation
  • Pfizer Inc.
  • Ipsen Pharma
  • Advanced Accelerator Applications (a subsidiary of Novartis AG)
  • BioSynthema Inc.
  • Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., Inc.
  • Bionano Genomics
  • callistopharma
  • Illumina, Inc.
  • GlaxoSmithKline plc
  • Hutchison China MediTech Limited

Above are the key players covered in the report, to know about more and exhaustive list of neuroendocrine tumors market companies’, contact us

Research Methodology: Global Neuroendocrine Tumors Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Chief Level Officers, Product and Marketing Managers, Distributors and Buyers
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence and Regulatory Affairs Managers among others.

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