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Argentina Gastric Cancer Treatment Market – Industry Trends and Forecast to 2030

Medical Devices

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Argentina Gastric Cancer Treatment Market – Industry Trends and Forecast to 2030

  • Medical Devices
  • Upcoming Report
  • Nov 2021
  • Country Level
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Argentina Gastric Cancer Treatment Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 58.63 USD million
Diagram Market Size (Forecast Year) USD 92.37 USD million
Diagram CAGR %

Argentina Gastric Cancer Treatment Market, By Type (Adenocarcinoma, Gastrointestinal Stromal Tumor, Carcinoid Tumor, Lymphoma and Others), Stages (Stage I, Stage II, Stage III,  Stage IV, Others), Treatment (Chemotherapy, Targeted Therapy, Immune Checkpoint Inhibitors, Others), Route of Administration (Parenteral, Oral, Others), End User (Hospitals, Specialty Clinics, Research & Academic Institutes, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Others) – Industry Trends and Forecast to 2030.

Argentina Gastric Cancer Treatment Market Analysis and Size

Data Bridge Market Research analyzes that the Argentina gastric cancer treatment market which was USD 58.63 million in 2023, is expected to reach USD 92.37 million by 2031, and is expected to undergo a CAGR of 9.1% during the forecast period of 2024 to 2031. “Adenocarcinoma” dominates the type segment of the Argentina gastric cancer treatment market due to rising demand of gastric cancer treatment. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Type (Adenocarcinoma, Gastrointestinal Stromal Tumor, Carcinoid Tumor, Lymphoma and Others), Stages (Stage I, Stage II, Stage III,  Stage IV, Others), Treatment (Chemotherapy, Targeted Therapy, Immune Checkpoint Inhibitors, Others), Route of Administration (Parenteral, Oral, Others), End User (Hospitals, Specialty Clinics, Research & Academic Institutes, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Others)

Market Players Covered

Abbott (U.S.), Siemens Healthineers AG (Germany), Quidel Corporation (U.S.), F. Hoffman-La Roche Ltd. (Switzerland), Danaher Corporation (U.S.), Becton, Dickinson and Company (U.S.), Chembio Diagnostics (U.S.), EKF Diagnostics (U.K.), Trinity Biotech plc (Ireland), Instrumentation Laboratory (a Werfen Company) (U.S.), Nova Biomedical (U.S.), PTS Diagnostics (U.S.), Sekisui Diagnostics (U.S.), Thermo Fisher Scientific (U.S.), bioMérieux S.A. (France)

Market Opportunities

  • Rise in adoption of automated systems
  • Increased research and development on cancer diagnostics products
  • Research and Development

Market Definition

Gastric cancer is a disease in which malignant (cancer) cells form in the lining of the stomach. The age, diet, and stomach disease can affect the risk of developing gastric cancer. Symptoms of gastric cancer include indigestion and stomach discomfort or pain.

Argentina Gastric Cancer Treatment Market Dynamics

Drivers

  • Increase in incidence of gastrointestinal tumours, lymphoma, and adenocarcinoma

As the incidence of cancer increases, it limits the activities of daily living and requires medical attention. The technology of next-generation sequencing (NGS), PCR, and CLIA aids in providing efficient information for the proper diagnosis and prognosis of cancer. The increased incidence of gastrointestinal tumors, lymphoma, and adenocarcinoma raises the demand for early detection and diagnosis via utilizing the latest technology thereby propelling the growth of the market.

  • Rise in alcohol consumption and surge in smoking

Epidemiological, clinical, and laboratory evidence point to a behavioural relationship between cigarette smoking and alcohol consumption. The combined use of cigarettes and alcohol poses health concerns in addition to those posed by smoking alone, and so represents a severe public health issue that warrants further investigation. A chemical chain reaction occurs every time a smoker inhales a lit cigarette, producing dozens of hazardous chemicals. Cigarette smoke contains substances that are inhaled through the lips, through the tongue and mouth, down the throat, and into the lungs, producing inflammation and exposing those bodily parts to cancer-causing chemicals.

Increasing alcohol consumption and smoking is creating demand for medical devices for the diagnosis of cancer, which is driving market growth.

  • Increase in the geriatric population

With the growing geriatric population across the world, the prevalence of chronic diseases such as arthritis, cancer, respiratory diseases, metabolic disorders, orthopaedic, cardiovascular, and other age-related diseases is also increasing. The older population is more prone to diseases therefore there is a strong correlation between age and the causes of diseases requiring diagnosis and treatment.

Below mentioned are some of the statistics related to the increased geriatric population across the globe:

With this increasing age and rising prevalence of chronic diseases, the demand for early diagnosis of the diseases is also increasing. Also, with the growing population, the pressure on the healthcare system is increasing with which the demand for care, services, and technologies is rising to prevent and treat chronic diseases at old age. Therefore, the demand for advanced medical devices for the diagnosis of cancer is rising in the healthcare system worldwide.

Opportunities

  • Rise in adoption of automated systems

Cancer is a system and network illness. This indicates that in a cancer cell, certain network-related genes stop working properly. Complex interactions in such gene networks should be addressed in cancer treatment. Artificial intelligence (AI) algorithms, in particular, have been rapidly evolving, which is reflected in oncology's progress. Machine learning and neural networks are becoming increasingly significant in precision oncology and system medicine. The combination of imaging data with clinical and molecular data opens up a world of possibilities. Radiogenomics, for example, is a new field focused on multidimensional data processing. It can also benefit from AI advancements. Increased imaging diagnostic accuracy, which can be ensured by artificial intelligence algorithms that help to automate the job of radiologists and histopathologists, is a major problem in the development of technology in cancer diagnosis and treatment. Thus, the increased adoption of automated systems acts as an opportunity for the growth of this market.

  • Increased research and development on cancer diagnostics products

Research & development is crucial in all industries including the healthcare Industry. The healthcare industry carries out extensive research and development not only to generate revenue but it often brings results in lives by saving or enhancing a patient's life. The drug development or biomarkers development requires random screening of active ingredients from ordinary bases and then authentication of the hits for activity in animal models to check is sifting procedure to find the few compounds in a huge set that have a desired biological activity. Pharmaceutical research and development conduct clinical trials by using different assays such as cell viability assays, cell proliferation assays, cytotoxicity assays, cell senescence assays, and cell death assays. Pharmaceutical and biopharmaceutical companies conduct a lot of clinical trials to complete successful drug or biologic, reagents, and tests development. Nowadays, healthcare companies have increased focus on research and development of cancer diagnostics which has raised the demand for gastric cancer diagnosis.  Also, across the globe, research and development activities are escalating owing to public health expenditure with economic performance.

Restraints/Challenges

  • High cost of gastric cancer diagnostic test

The diagnostic tests for gastric cancer include highly technologically advanced products. The development of those products involves rigorous research and development by the developing player. Thus, the cost of the product remains high which proportionally increases the cost of testing.

  • Stringent regulations and policies for approving the complicated nature of radiation devices

Regulation of medical devices plays a significant role in healthcare. Radiation devices like CT scan, PET scan, and MRI among other are of significant importance for cancer diagnosis. But their approval and marketing require a meeting of stringent regulatory standards and approvals by various regulatory bodies. These stringent regulations and policies for approving the complicated nature of radiation devices act as a challenge for market growth.

This Argentina gastric cancer treatment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Argentina gastric cancer treatment market Contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In May 2021, Eli Lilly and Company announced that the U.S. Food and Drug Administration (FDA) has approved CYRAMZA (ramucirumab injection, 10 mg/mL solution), in combination with erlotinib, for the first-line treatment of people with metastatic non-small cell lung cancer (NSCLC) with epidermal growth factor receptor (EGFR) exon 19 deletions or exon 21 (L858R) mutations. With this approval, CYRAMZA has now received six FDA approvals to treat certain types of lung, liver, stomach and colorectal cancers. This new drug approval of the company has increased its sales and demand in the market leading to increased sales in the future

Argentina Gastric Cancer Treatment Market Scope

The Argentina gastric cancer treatment market is segmented on the basis of type, stages, treatment, route of administration, end user and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Adenocarcinoma
  • Lymphoma
  • Gastrointestinal Stromal Tumor
  • Carcinoid Tumor
  • Others

Stage

  • Stage I
  • Stage II
  • Stage III
  • Stage IV

Treatment

  • Chemotherapy
  • Targeted Therapy
  • Immunotherapy
  • Others

Route of Administration

  • Oral
  • Parenteral

End User

  • Specialty Clinics
  • Hospitals
  • Research and Academic
  • Institutes
  • Others

Distribution Channel

  • Retail Pharmacy
  • Hospital Pharmacy
  • Others

Competitive Landscape and Argentina Gastric Cancer Treatment Market Share Analysis

The Argentina gastric cancer treatment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Argentina gastric cancer treatment market.

Some of the major players operating in the Argentina gastric cancer treatment market are:

  • Abbott Laboratories (U.S.)
  • Siemens Healthineers AG (Germany)
  • Quidel Corporation (U.S.)
  • F. Hoffman-La Roche Ltd. (Switzerland)
  • Danaher Corporation (U.S.)
  • Becton, Dickinson and Company (U.S.)
  • Chembio Diagnostics (U.S.)
  • EKF Diagnostics (U.K.)
  • Trinity Biotech plc (Ireland)
  • Instrumentation Laboratory (a Werfen Company) (U.S.)
  • Nova Biomedical (U.S.)
  • PTS Diagnostics (U.S.)
  • Sekisui Diagnostics (U.S.)
  • Thermo Fisher Scientific (U.S.)
  • bioMérieux S.A. (France)


SKU-

TABLE 1 ARGENTINA GASTRIC CANCER TREATMENT MARKET, BY TYPE, 2019-2028 (USD MILLION)

TABLE 2 ARGENTINA GASTRIC CANCER TREATMENT MARKET, BY STAGES , 2019-2028 (USD MILLION)

TABLE 3 ARGENTINA GASTRIC CANCER TREATMENT MARKET, BY TREATMENT , 2019-2028 (USD MILLION)

TABLE 4 ARGENTINA CHEMOTHERAPY IN GASTRIC CANCER TREATMENT MARKET, BY TREATMENT, 2019-2028 (USD MILLION)

TABLE 5 ARGENTINA TARGETED THERAPY IN GASTRIC CANCER TREATMENT MARKET, BY TREATMENT, 2019-2028 (USD MILLION)

TABLE 6 ARGENTINA MONOCLONAL ANTIBODY THERAPY IN GASTRIC CANCER TREATMENT MARKET, BY TREATMENT, 2019-2028 (USD MILLION)

TABLE 7 ARGENTINA MULTIKINASE INHIBITORS IN GASTRIC CANCER TREATMENT MARKET, BY TREATMENT, 2019-2028 (USD MILLION)

TABLE 8 ARGENTINA GASTRIC CANCER TREATMENT MARKET, BY ROUTE OF ADMINISTRATION, 2019-2028 (USD MILLION)

TABLE 9 ARGENTINA GASTRIC CANCER TREATMENT MARKET, BY ROUTE OF ADMINISTRATION , 2019-2028 (USD MILLION)

TABLE 10 ARGENTINA GASTRIC CANCER TREATMENT MARKET, BY ROUTE OF ADMINISTRATION, 2019-2028 (USD MILLION)

TABLE 11 ARGENTINA GASTRIC CANCER TREATMENT MARKET, BY END USERS, 2019-2028 (USD MILLION)

TABLE 12 ARGENTINA GASTRIC CANCER TREATMENT MARKET, BY DISTRIBUTION CHANNEL, 2019-2028 (USD MILLION)

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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.

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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Argentina Gastric Cancer Treatment Market size will be worth USD 92.37 million by 2031 during the forecast period.
The Argentina Gastric Cancer Treatment Market growth rate is 9.1% during the forecast period by 2031
The Rise in alcohol consumption, surge in smoking, Rise in alcohol consumption and surge in smoking are the growth drivers of the Argentina Gastric Cancer Treatment Market.
The type, stages, treatment, route of administration, end user and distribution channel are the factors on which the Argentina Gastric Cancer Treatment Market research is based.
The major companies in the Argentina Gastric Cancer Treatment Market are Abbott (U.S.), Siemens Healthineers AG (Germany), Quidel Corporation (U.S.), F. Hoffman-La Roche Ltd. (Switzerland), Danaher Corporation (U.S.), Becton, Dickinson and Company (U.S.), Chembio Diagnostics (U.S.), EKF Diagnostics (U.K.), Trinity Biotech plc (Ireland), Instrumentation Laboratory (a Werfen Company) (U.S.), Nova Biomedical (U.S.), PTS Diagnostics (U.S.), Sekisui Diagnostics (U.S.), Thermo Fisher Scientific (U.S.), bioMérieux S.A. (France).
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