The size of the Pancreatic Cancer Market in Latin America is predicted to value USD 0.46 billion by 2026 from USD 0.31 billion in 2021, growing at a CAGR of 7.88% during the forecast period.
The Latin American pancreatic cancer market is projected to be fuelled by the increasing tobacco consumption, smoking, obesity, and growing awareness about various treatment options. Unlike traditional treatments such as chemotherapy, targeted therapy isolates specific receptors found in cancer cells and does not harm the body's healthy peripheral cells.
On the other hand, the expansion of the pancreatic cancer therapy market may be due to the rising healthcare expenditures for pancreatic medicines and increased therapies. Moreover, throughout the projected period, effective treatment for pancreatic cancer is likely to boost the market.
The rising prevalence of pancreatic cancer is propelling the pancreatic cancer therapeutics market in developed countries due to the lack of treatment techniques for early-stage diagnosis. The high prevalence of pancreatic cancer, which causes germline mutations, is increasing market demand. Also, the growing geriatric population is more prone to various diseases, including Pancreatic cancer. The peak incidence of pancreatic cancer is seen in the age group of 65 to 75 years; therefore, increasing the geriatric population in Latin America propels market growth.
Developing countries such as Brazil, Mexico, and Argentina are witnessing advanced technology in the healthcare sector.
The market has been expanding at a rapid rate in recent years. The increase is primarily due to companies reorganizing their operations and recovering from the impact of COVID-19, which had previously resulted in restrictive containment measures such as social distancing, remote working, and the closure of commercial activities, all of which created operational challenges.
However, adverse effects from medicines and a low treatment success rate are likely to limit the market for pancreatic cancer therapeutics in the Latin American region.
This research report on the Latin American Pancreatic Cancer Market has been segmented & sub-segmented into the following categories:
By Treatment Type:
By Cancer Type:
By End User:
Geographically, the Latin America Pancreatic cancer market is growing at a moderate rate. Pancreatic cancer is more common in Latin American countries, with Brazil and Mexico having the most significant proportion of pancreatic cancer patients in the region. As a result, Latin America is expected to account for a considerable portion of the pancreatic cancer treatment market in the coming years, with the highest revenue share. The enhanced healthcare infrastructure, widespread acceptance of pancreatic treatment techniques, and a large target population are all factors. Furthermore, the rising prevalence of pancreatic cancer is driving up demand for treatment options. Also, the presence of significant growth contributors such as Brazil and Mexico are expanding the Latin American pancreatic market. The presence of well-established hospitals and an increasing patient pool suffering from the pancreas are majorly driving the market in these countries. Also, the favorable government initiative and investments encourage the market participant to cope with the regional market players expanding the market growth in Latin America.
KEY MARKET PLAYERS:
A few of the prominent companies operating in the Latin American pancreatic cancer market profiled in this report are Eli Lilly, Amgen, Inc., Celgene Corp., F. Hoffmann-La Roche, Clovis Oncology Inc., Pfizer, Novartis AG, Threshold Pharmaceuticals Inc., Aduro BioTech Inc., Infinity Pharmaceuticals Inc., and NewLink Genetics Corp.
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type of Treatment
5.1.4 Radiation Therapy
5.1.6 Y-o-Y Growth Analysis, By Type of Treatment
5.1.7 Market Attractiveness Analysis, By Type of Treatment
5.1.8 Market Share Analysis, By Type of Treatment
5.2.2 Exocrine Pancreas Cancer
5.2.3 Endocrine Pancreas Cancer
5.2.4 Y-o-Y Growth Analysis, By Type
5.2.5 Market Attractiveness Analysis, By Type
5.2.6 Market Share Analysis, By Type
5.3.4 Research Institutes
5.3.6 Y-o-Y Growth Analysis, By End-users
5.3.7 Market Attractiveness Analysis, By End-users
5.3.8 Market Share Analysis, By End-users
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
188.8.131.52 By Geographical Area
184.108.40.206 By Type of Treatment
220.127.116.11 By Type
18.104.22.168 By End-users
6.1.4 Market Attractiveness Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Type of Treatment
188.8.131.52 By Type
184.108.40.206 By End-users
6.1.5 Market Share Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By Type of Treatment
22.214.171.124 By Type
126.96.36.199 By End-users
6.4 Rest of Latin America
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Eli Lilly
8.1.2 Type of Product
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Amgen, Inc.
8.3 Celgene Corp.
8.4 F. Hoffmann-La Roche
8.5 Clovis Oncology Inc.
8.7 Novartis AG
8.8 Threshold Pharmaceuticals Inc.
8.9 Aduro BioTech Inc.
8.10 Infinity Pharmaceuticals Inc.
8.11 NewLink Genetics Corp.
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures