The size of the Uterine Cancer Therapeutics Market in North America is expected to reach USD 10.88 Billion by 2027 from USD 8.53 Billion in 2022, growing at a CAGR of 4.98% during the forecast period 2022 to 2027.
Uterine cancer is one of the most commonly prevailing malignant tumors that start in the uterus cells and spread to other parts of the body. Uterine cancer is mainly of two types such as uterine sarcoma and endometrial carcinoma. As a result, more therapies have evolved to manage uterine cancer types, including surgery, chemotherapy, radiation therapy, immunotherapy, and hormone therapy.
Rising incidence of endometrial cancer in certain states of United States (Caucasians, Hawaiians, Japanese), increasing research to identify new therapeutic approaches, growing advancements in molecular diagnostics industry to support target specific therapies, and rising demand for effective & better therapy solutions are driving the growth of Uterine Cancer Therapeutics Market in North America. In addition, growing awareness among patients and the presence of highly developed healthcare infrastructure are further fuelling the development of the Uterine Cancer Therapeutics Market in North America.
However, stringent regulatory frameworks and unclear reimbursement policies are expected to limit the growth of the Uterine Cancer Therapeutics market in North America.
This research report on the North American Uterine Cancer Therapeutics Market is segmented & sub-segmented into the following categories:
The North American market is estimated to hold the largest share in the global uterine cancer therapeutics market during the forecast period due to the rising prevalence of chronic diseases such as cancer and uterine cancer across the region, uterine cancer is a type of endometrial cancer, one of the most common diseases in North America. In addition, availability of advanced infrastructure, increasing healthcare expenditure, and favorable reimbursement policies. The major countries in the region, such as the US and Canada, significantly contribute to North American regional market growth. Both the countries are estimated to have significant growth in the region due to the growing awareness about the importance and benefits of pre-diagnosis of the disease and the treatment available in the market.
The United States market dominated the North American Uterine cancer market in 2020, and it is likely to continue its growth throughout the forecast period. The market growth is attributed to the advancements in healthcare sectors, growing awareness, and increasing investments by the government. However, according to the American cancer society, it is estimated that nearly about 66,570 new cases of uterine cancer arise in 2022.
KEY MARKET PLAYERS:
A few of the promising companies operating in the North American Uterine Cancer Therapeutics market profiled in this report are Abbott Laboratories, Ariad Pharmaceuticals, Inc., Becton, Dickinson and Company, F. Hoffmann-La Roche AG, GlaxoSmithKline Plc, Merck & Co., Inc., Novartis AG, Sanofi, Siemens Healthcare GmbH and Takeda Pharmaceutical Company Ltd.
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