Increasing research to identify the causes of liver cancer is expected to boost growth of the liver cancer therapeutics market during the forecast period

 

Liver Cancer Therapeutics Market

The market for liver cancer therapies is anticipated to rise at a faster rate than average during the projected period due to increased research into the causes of liver cancer. For instance, in November 2014, scientists from the University of California and the San Diego School of Medicine discovered that long-term exposure to the chemical triclosan, which is a common additive in detergents and soaps, results in liver fibrosis and cancer in laboratory rats. The FDA is currently investigating triclosan to see if it has any detrimental effects on health, even though it has not been proved to cause liver cancer in humans.

Additionally, it is anticipated that rising liver cancer rates in various regions will fuel Liver Cancer Therapeutics market expansion. For instance, the UK's Cancer Research Organization estimates that in 2015, there were approximately 5,736 new instances of liver cancer in the country. Additionally, a cancer association reports that in the United States in 2017, there were about 40,710 new instances of liver cancer diagnosed, three of which were hepatocellular carcinoma (HCC).

Market participants are anticipated to use both organic and inorganic tactics, such as merger, collaboration, acquisition, and research and development, to create novel treatments for liver cancer. For instance, Roche and Inovio Pharmaceuticals, Inc. signed a licence agreement in 2013 to work together on the research, development, and marketing of Inovio's highly tailored, multi-antigen DNA immunotherapies for the treatment of prostate cancer and hepatitis B. Additionally, it has been demonstrated that as a person's Body Mass Index (BMI) rises, their risk of developing liver cancer also rises noticeably. The U.S. adult population is overweight by more than half, which is driving up demand for liver cancer treatment medications and opening up business opportunities for manufacturers.

Comments

Post a Comment

Popular posts from this blog

The Role of the Foodservice Industry in Driving the French Fries Market

Image
  French Fries Market The food service industry plays a significant role in driving the French fries market, contributing to its growth and popularity worldwide. From fast food chains to restaurants, cafes, and even food trucks, the food service sector heavily relies on French fries as a staple menu item, thereby fueling the demand for this popular snack. One key aspect of the food service industry's impact on the French fries market is its ability to introduce and popularize French fries among consumers. Fast food chains, in particular, have played a crucial role in making French fries a ubiquitous and easily recognizable item on menus worldwide. These chains have an extensive reach, powerful marketing strategies, and a loyal customer base, enabling them to drive consumer preferences and shape market trends. As a result, French fries have become deeply ingrained in fast food culture, contributing to their widespread consumption. Restaurants and food establishments also play a
Read more

Market Share and Revenue Analysis of the Microdermabrasion Devices Market

Image
Microdermabrasion Devices Market   The microdermabrasion devices market has witnessed significant growth in recent years, driven by the increasing demand for non-invasive cosmetic procedures and the growing emphasis on skincare. Analyzing the market share and revenue of key players is crucial for understanding the competitive landscape and identifying growth opportunities within the industry. The market share of microdermabrasion device manufacturers is influenced by several factors, including product offerings, brand reputation, distribution networks, and strategic partnerships. Established players such as Johnson & Johnson Services Inc., Silhouet-Tone, Advanced Microderm, Dermaglow, and Altair Instruments Inc. have established a strong presence in the market, leveraging their extensive product portfolios and brand recognition to capture a significant share. Market share can vary across regions, with different players dominating in different geographical areas. For example, a
Read more

The Growing Demand for Healthcare Staffing Market: Trends and Opportunities

Image
  Healthcare Staffing Market The healthcare industry is experiencing a growing demand for staffing solutions as organizations face challenges in meeting their workforce needs. The healthcare staffing market is expanding to bridge the gap between the demand for healthcare professionals and the available workforce. Several trends and opportunities are emerging within this market, creating a dynamic landscape. One of the key drivers of the growing demand for healthcare staffing Market is the increasing complexity of healthcare services. Advances in medical technology, evolving treatment modalities, and the rise of specialized fields such as telemedicine and genomics require a diverse range of skilled professionals. As a result, healthcare organizations are turning to staffing agencies to find qualified individuals who can meet these specialized needs. Another trend is the rising demand for long-term care services. As the global population ages, there is an increasing need for healthc
Read more