Office based surgery includes any surgical procedure carried out by a licensed physician/surgeon in his/her office. Office based surgeries have become possible only due to technological advancements. Earlier, all the surgical procedures used to be carried out in hospital out-patient settings only or ambulatory surgical centre setting with full-flagged equipment set up.
The key contributor to the growth of global Testicular Cancer treatment market is rising incidences of Testicular Cancers globally. The United States and European countries have witnessed increased caseload of office based surgerys over last 30 years that has created a demand for the treatment of the disease which in turn has pushed the market growth rate up.
However, there are factors such as limited number of treatment options, very high cost of branded drugs, expensiveness, inefficient reimbursement policies, less availability of generic drugs and monopoly of few players, which have impeded the growth of the market.
Global Testicular Cancer treatment market is highly consolidated with the presence of a few players. Major multi-national players are restricted to the North America and European countries. According to the database of the National Cancer Institute’s Surveillance, Epidemiology, and End Results, incidence of office based surgery have been increasing per year by 1.1 percent globally, from 5.7 cases per 100,000 to 6.8/100,000 over 1992-2009.
The incidence rate grew regularly among all racial/ethnic groups except Asian/Pacific who reported a decline in the incidence rate over 1992-2003 and then a rise over 2003-2009 averaging a 0.77 percent increase per year. White men have witnessed the highest incidence rate. The rate of office based surgery have rose from 7.5/100,000 to 8.4/100,000 over 1992-2003 and 8.6/100,000 over 2003-2009 among white men, accounting for rise of 1.2 percent per year.
Geographically, Testicular Cancer treatment Market is segmented into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. Currently, the US is leading the global office based surgery marketfollowed by European countries owing to the rising incidence rate, high prevalence of the disease, research and development to discover novel treatment alternatives, favourable reimbursement policies etc.
The market in Asia Pacific region is expected to grow at a steady ratebecause of comparatively les incidence and prevalence of the disease. However, lack of treatment options as compared to developed options would restrict the market growth in the developing nations.
According to the World Health Organization, around 90% people in low and middle income countries pay out of their pocket for medicines owing to lack of united health insurance and insufficient publicly subsidized healthcare services, another factor impacting the growth of the market.
Few of major players in the global Testicular Cancer treatment Market include Bristol-Myers Squibb Company, Pfizer Inc., Kyowa Hakko Kirin Co. Ltd., Accord Healthcare Limited, Sandoz International GmbH, Orphan Europe, Baxter, Merck & Co., Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global Testicular Cancer treatment Market has been segmented on the basis of types of therapies, based on the treatments according to stages, based on route of administration, distribution channels and region.
Based on types of therapies, the global Testicular Cancer treatment Market is segmented into:
Based on the treatments according to stages, the global Testicular Cancer treatment Market is segmented into:
Based on the route of administration, the global Testicular Cancer treatment Market is segmented into:
Based on the distribution channels, the global Testicular Cancer treatment Market is segmented into:
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