Global Anal and Colorectal Cancer Market Research and Forecast 2018-2023

Global Anal and Colorectal Cancer Market, Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2018-2023

ANAL AND COLORECTAL CANCER MARKET INSIGHTS:

Anal and Colorectal Cancer Market is a malignant tumor that starts in the cells of the colon or the rectum while it takes place in anus in case of anal cancer. Rising prevalence of anal and colorectal cancer due to poor lifestyles such as obesity and tobacco consumption has been the major factor driving the market growth. Colorectal cancer is the third most common malignancy and fourth leading cause of cancer-related mortalities globally. It accounts for around 1.4 million incidences and more than 700,000 fatalities across the globe. As per American Cancer Society, around 8,580 new cases of anal cancer are expected in 2018. Additionally, increasing geriatric population and rising anal and colorectal cancer associated with them is another factor driving the market growth. Moreover, high prevalence of smokers and alcohol consumers which are most prone to this cancer has been boosting the market growth. According to WHO, in 2015, more than 1.1 billion people accounted for tobacco smoking and around 2 billion people consumed alcoholic drinks globally. These people have more risk of developing anal cancer and such high prevalence reflects the demand of treatment among population in major countries.

High cost of anal and colorectal cancer treatment along with low awareness towards this cancer act as major restraints for the market growth. However, ongoing improvements in the healthcare expenditure and rising demand of anal and colorectal cancer treatment are expected to drive the market in the developing countries. Additionally, rising demand of minimally invasive surgeries and technological advancement for the treatment of the cancer is expected to boost the market in future.

For Related Reports: Healthcare Industry

On the basis of the geography, anal and colorectal cancer market is segmented into North America, Asia Pacific, Europe and Rest of the World. North America has been predicted to dominate the global anal and colorectal cancer market due to well established health infrastructure and high prevalence of this cancer towards people. Additionally, APAC will be the fastest growing region during the forecasted period due to rising geriatric population and increasing incidence and prevalence rate of anal and colorectal cancer.

The key players in the anal and colorectal cancer market Include Abbott Diagnostics, Alere, Taiwan Liposome Company Ltd., Merck & Co., Quest Diagnostics, Roche Ltd., and Taiho Pharmaceutical. FDA Clearance has been recorded as the major breakthrough in the anal and colorectal cancer market. For instance, Roche got the FDA clearance of CE-marked Ventana MMR IHC Panel in November, 2017 for clinicians with a broad portfolio of immunohisto chemistry (IHC) tests for colorectal cancers patients.

Market Segmentation:

Global anal and colorectal cancer market has been segmented on the basis of diagnosis type, by treatment type and by end users. On the basis of diagnosis type, the market has been segmented into colorectal diagnosis and anal cancer diagnosis. Additionally, the market has been segmented on the basis of treatment type into surgery, chemotherapy, radiation therapy, targeted therapy and immuno therapy. Moreover, on the basis of end users, the market is segmented into hospitals, ambulatory surgery centers and cancer research centers.  Global Anal and colorectal cancer market is bifurcated as follows:

1. Global Anal and colorectal Cancer Market Research and Analysis, By Diagnosis Type
2. Global Anal and colorectal Cancer Market Research and Analysis, By Treatment Type
3. Global Anal and colorectal Cancer Market Research and Analysis, By End-Users

THE REPORT COVER:

• Comprehensive research methodology of Global Anal and colorectal Cancer Market.
• This report also includes detailed and extensive market overview with current market                                 recommendations & key analysts insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key                                 recommendations.
• Analysis of regional regulations and other government policies impacting the Global Anal and                   colorectal Cancer Market.
• Insights about market determinants which are stimulating the Global Anal and colorectal Cancer               Market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.

For More updated Follow: LinkedIn