Oct 1, 2020 9:40 PM ET
iCrowd Newswire – Oct 1, 2020
Zion Market Research has published a new report titled “Paclitaxel Injection Market by Indication (Prostate cancer, breast cancer, non-small cell lung cancer, aids related Kaposi’s sarcoma, ovarian cancer, stomach cancer, cervical cancer, esophageal cancer, testicular cancer, lung cancer, pancreatic cancer and others), End user (Cancer Research centers, Hospital and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025”.
According to the report, global demand for Paclitaxel Injection Market was valued at approximately USD 2963.5 Million in 2018, and is expected to generate revenue of around USD 6628.6 Million by end of 2025, growing at a CAGR of around 12.19% between 2018 and 2025.
Process from the yew trees of the Pacific. It is a branch of the sub-segment of antineoplastic drugs used to treat breast, lung, ovary, uterus, cervix, and other cancer. Paclitaxel infection targets tubulin, a small globular protein in the human cell. It should be performed under the supervision of an oncologist with chemotherapy experience. If a person has an allergic disease, it is not recommended by the doctor. Please test which patient is not suffering from a problem of high or low pressure until this physician is prescribed. Paclitaxel injection has several side effects such as allergy symptoms, reduces the number of WBCs and also triggers blood pressure problems.
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The rising incidence of cancer is the major driver of the significant growth of this sector. Paclitaxel injection has a greater cancer treatment performance than other drugs, as well as being readily available on the market, which is responsible for the growth of this market. Major players on the market for paclitaxel injection focus on developing better paclitaxel injection, which will be a remarkable opportunity for this market to grow. Many adverse effects such as blood clot, allergy, leucopenia, diarrhea, and weight loss may limit paclitaxel injection market growth. The high cost of medication, which is less available in low-economic countries, can also hamper the rise in paclitaxel injection demand.
The market for Paclitaxel Injection is segmented based on route of administration, type, end user, and region. The market is divided into prostate cancer, breast cancer, non-small cell lung cancer, Kaposi’s sarcoma-related aids, ovarian cancer, stomach cancer, cervical cancer, esophageal cancer, testicular cancer, lung cancer, pancreatic cancer, and others under the indication segment. 723,000 stomach cancer deaths and 521,000 breast cancer deaths in 2012 alone, according to the WHO. Paclitaxel is used to treat both cancers, and rising incidences of cancer would result in increased use of this drug for treatment. The market is divided into Cancer Research Centers, Hospitals and Others based on the End User category.
Regional segmentation comprises the current and forecast demand for Asia Pacific, North America, Latin America, Europe, and Middle East & Africa with its further classified into major countries. North America is currently dominating the market due to the high incidence of cancer patients in this country. Nonetheless, Europe and Asia Pacific are developing markets due to rising incidences of cancer.
Some of the players included in Paclitaxel Injection market are Abraxis Bio Science Inc., Celgene, Abbott Laboratories, Fresenius Kabi Oncology Ltd, Onco therapies Ltd, Novasep, Sagent Pharmaceuticals amongst others.
The report segments global Paclitaxel Injection market as follows:
Global Paclitaxel Injection Market: Indication Segment Analysis
- Prostate cancer
- Breast cancer
- Non-small cell lung cancer
- AIDS related Kaposi’s sarcoma
- Ovarian cancer
- Stomach cancer
- Cervical Cancer
- Esophageal cancer
- Testicular cancer
- Lung cancer
- Pancreatic cancer
Global Paclitaxel Injection Market: End user Segment Analysis
- Cancer Research centers
Global Paclitaxel Injection Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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Keywords: Paclitaxel Injection Market