Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Adrenocortical Carcinoma (ACC) Treatment Market is molded by different powerful factors that impact its growth and advancement. This rare and powerful cancer presents a novel arrangement of difficulties, driving a unique scene with regards to research, improvement, and market patterns.
ACC is a rare cancer, and its pervasiveness assumes a vital part in market elements. The low occurrence rate makes a specialty market, inciting drug organizations to focus in on specific treatments. This extraordinariness likewise adds to a restricted patient pool, impacting evaluating methodologies and market rivalry.
Progressing innovative work endeavors contribute altogether to the elements of the ACC Treatment Market. Novel treatments, designated medications, and immunotherapies are ceaselessly arising, carrying advancement to the market. Clinical preliminaries and cooperative endeavors among the scholarly community and industry players add to the development of treatment choices.
ACC treatment envelops a scope of modalities, including surgery, chemotherapy, radiation therapy, and arising immunotherapies. The relative adequacy, security profiles, and patient results related with these modalities add to the market elements. Pushes in customized medication and designated treatments further expand the treatment scene.
Market elements are not restricted to laid out markets but rather are additionally impacted by developing markets and globalization patterns. The accessibility of ACC treatments in creating districts, administrative harmonization endeavors, and worldwide organizations add to a more interconnected and dynamic market scene.
Expecting the future direction of the ACC Treatment Market includes thinking about continuous exploration, mechanical progressions, and developing patient requirements. Apart from the difficulties, for example, drug advancement costs, market access hindrances, and the requirement for further developed biomarkers present continuous contemplations for partners in this powerful scene.
Adrenocortical Carcinoma Treatment Market Highlights:
Adrenocortical Carcinoma Treatment Market Scenario
The adrenocortical carcinoma treatment market is expected to grow steadily over the forecast period. It is estimated that the adrenocortical carcinoma treatment market is expected to register a CAGR ~ 2.80 % with an anticipated market value of USD 832.19 million during the forecast period from 2020 to 2030.
Adrenocortical carcinoma is cancer that arises from the adrenal cortex, which is the outer layer of the adrenal gland. It is rare and aggressive in form, and the management requires a multidisciplinary approach. Numerous factors such as an increase in prevalence rates of rare cancers and the increased focus of companies on the treatment of adrenocortical carcinomas are expected to drive the growth of the market. Thus, there is an increase in the number of drugs in clinical trials for specific chemotherapeutics. According to the Journal of Clinical Endocrinology & Metabolism, the incidence of adrenocortical carcinoma ranges between 40-50 years, whereas women are 55–60% more likely to get affected with a ratio of 1.5:1. In April 2015, ArQule, Inc. announced ARQ 087 is currently in a Phase 2 trial in patients with Intrahepatic Cholangiocarcinoma (ICC) with FGFR2 fusions and a Phase 1b trial in adrenocortical tumors and tumors with FGFR translocations, amplification, and mutations. ARQ 087 is a potent FGFR (Fibroblast Growth Factor Receptor) inhibitor.
However, the discrimination of benign from malignant adrenocortical carcinoma requires the evaluation of multiple parameters. Additionally, the pathohistological diagnosis remains challenging. According to a journal published by the National Center for Biotechnology Information, the rate of incorrect initial histopathological diagnosis in Germany was 13% in the year 2016. Therefore, the lack of skilled oncology experts to derive special diagnostic algorithms remains a prominent restraint for the growth of the market. Moreover, the high risk of local recurrence and metastatic progression also hampers the growth of this market.
Segmentation
The adrenocortical carcinoma treatment market has been segmented into type, therapy, and end-user.
The market, on the basis of type, has been segmented into localized adrenocortical carcinoma and metastatic adrenocortical carcinoma.
The localized adrenocortical carcinoma segment is estimated to hold the largest share as it is the most common type with a high occurrence rate. The metastatic adrenocortical carcinoma segment is projected to be the fastest growing owing to increased occurrence rate.
The market, by therapy, has been segmented into surgery, chemotherapy, targeted therapy, radiation therapy, adjuvant therapy, and others.
The market, based on surgery, has been further segmented into laparoscopic surgery and open surgery.
The market, on the basis of radiation therapy, has been sub-segmented into external beam radiation therapy and brachytherapy.
The market, on the basis of end-user, has been segmented into hospitals and clinics, ambulatory surgical centers, and cancer research institutes.
The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The adrenocortical carcinoma treatment market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European adrenocortical carcinoma treatment market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.Â
The adrenocortical carcinoma treatment market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The adrenocortical carcinoma treatment market in the Middle East & Africa has been segmented into the Middle East and Africa.
Key players
Arqule, Pfizer Ltd., EnGeneIC Ltd, Exelixis, Inc., Millendo Therapeutics, Inc., Merck & Co., Orphagen Pharmaceuticals, Inc., HRA Pharma, Bristol-Myers Squibb Company, General Electric Company, WG Critical Care, LLC, Mylan N.V., Fresenius Kabi AG, Sinovision Technologies (Beijing) CO., Ltd., Hitachi, Ltd., NeuroLogica Corp., and Digirad Corporation are some of the key players in the global adrenocortical carcinoma treatment market.
Regional Market Summary
Adrenocortical Carcinoma Treatment Market Share (%), by Region, 2017
Source: World Health Organization (WHO), Centers for Disease Control and Prevention (CDC)
Geographically, the Americas is anticipated to dominate the adrenocortical carcinoma treatment market owing to a well-developed healthcare sector and growing healthcare expenditure. Additionally, favorable reimbursement scenario in this region contributes to the growth of the market. According to United States Surveillance Epidemiology and End Results (SEER) program, it is estimated that there are 19 to 20 new cases of adrenocortical carcinoma per year in children and adolescents in the US.
Europe is expected to hold the second largest position in the adrenocortical carcinoma treatment market. The market growth in this region owes to the availability of funds for research and increasing healthcare expenditure.
Asia-Pacific is predicted to be the fastest growing region in the market due to the presence of a huge patient population and continuously developing economies. On the other hand, the Middle East & Africa is expected to have the least share of the market. Majority of the market of this region is expected to be held by the Middle East region due to growing government initiatives for the healthcare sector.
Adrenocortical Carcinoma Treatment Market, by Type
- Localized Adrenocortical Carcinoma
- Metastatic Adrenocortical Carcinoma
Adrenocortical Carcinoma Treatment Market, by Therapy
- Surgery
- Laparoscopic surgery
- Open surgery
- Chemotherapy
- Targeted Therapy
- Radiation Therapy
- External beam radiation therapy
- Brachytherapy
- Adjuvant Therapy
- Others
Adrenocortical Carcinoma Treatment Market, by End-User
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Cancer Research Institutes
Adrenocortical Carcinoma Treatment Market, by Region
- Americas
-
- North America
- US
- Canada
- South America
- Europe
-
- Western Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Western Europe
- Eastern Europe
- Asia-Pacific
-
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
-
- Middle East
- Africa
Intended Audience
- Pharmaceutical companies
- Oncology research institutes
- Research and Development (R&D) companies
- Diagnostic laboratories
- Government research institutes
- Academic institutes and universities
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
