Commentary - (2022) Volume 12, Issue 4
Cancer is a disease which has a capacity to differentiate rapidly and give rise to less specialized cells. Cancer cells may be capacity to alter normal cells. Cancer is a genetic disease caused by alteration in genes or DNA. Tumor cells can use the immune system to stay alive and grow. Tumor cells can keep immune from killing. Cancer Cells are malignant; they can spread into nearby tissues. When Cancerous cells spread from one place to another body part called metastatic cancer. There are many types of cancer which named for the tissues or organs or cells where the cancer usually formed.
Cancer is the second leading cause of death globally. It’s vital to commemorate that cancer is not a one disease -it’s more than 200 cancer diseases involved. Treatments that work for one cancer that doesn’t work for other, it depends upon the several factors that what kind of therapy is needed. And only a global search for answers will guide us get to grasps with this disease. The conference will provide with an exceptional opportunity for the delegates from Universities and Institutes to interact with the world class Scientists and Industry Professionals working in the field of cancer/oncology .
World Cancer 2022 will also explore the unique ideas and approach on worldwide scale and the topics cancer biology and genetics, organ-defined cancers, oncology: sub-specialties, radiation, oncology, surgical oncology, cancer and stem cell therapy, precision cancer medicine & oncology, cancer biomarkers, cancer epidemiology, cancer prevention & research, cancer therapy & treatments, cancer pharmacology, cancer vaccines, cancer immunology and immunotherapy, oncology nursing and care, complementary & alternative methods and cancer, cancer awareness and survival, cancer: lifestyle and nutrition, cancer: psychological & social aspects. The global cancer therapy market is estimated to grow with a CAGR of 8.37% during the forecasted period. Certain factors that are driving the market growth include increasing Patient Assistance Programs (PAPs), increasing government initiatives for cancer awareness, rising prevalence of cancer worldwide, and strong R&D initiatives from key players. Oncology Market size was valued at $136.7 billion in 2019 and is poised to grow at a CAGR of 11.9% during the forecast period 2020-2025. The target therapy segment is expected to show the highest CAGR of 9.68% during the forecast period. The target therapy includes hormone therapies, gene expression modulators, apoptosis inducers, angiogenesis inhibitors, immunotherapies, signal transduction inhibitors, and toxin delivery molecules. . The breast cancer segment is believed to account for the largest market size over the forecast period.
As per estimates provided by the breast cancer organization in 2018, it is estimated that over 2,66,120 new cases of invasive breast cancer are expected to be diagnosed in women in the United States, along with 63,960 new cases of non-invasive (in situ) breast cancer. North America currently dominates the market for cancer therapy and is expected to continue its stronghold for a few more years. This region is expected to increase its market share in the future, owing to the increased adoption of cancer therapy According to the National Cancer Institute (NCI), in 2016, 1.6 million people suffered from cancer, and around 0.5 million people died from cancer. This figure indicates that the prevalence of cancer is rapidly increasing in the United States. The immunotherapy segment is expected to show fastest growth during the forecast period, registering a CAGR of 10.4%.
The global cancer biomarkers market is expected to exceed more than US $ 25.50 Billion by 2024 at a CAGR of 12% in the given forecast period. The global top 10 cancer drugs sales was valued at $63,619 million in 2018 and is expected to reach $129,948 million by 2026, registering a CAGR of 9.8% from 2019 to 2026. Furthermore, rise in cancer awareness, increase in R&D activities, and availability of cancer drugs are expected to boost the market growth.
The global cancer diagnostics market is segmented based on technology, application, and region. Based on region, the market is divided into North America, Europe, Asia, and rest of the World. Rest of the world comprises Latin America, Pacific countries, and Middle east and Africa.
Citation: Dicosa E. Market Analysis for Cancer. Surg Cur Res, 12(4), 001.
Received: 04-Apr-2022, Manuscript No. SCR-22-16808; Editor assigned: 07-Apr-2022, Pre QC No. SCR-22-16808 (PQ); Reviewed: 21-Apr-2022, QC No. SCR-22-16808 (Q); Revised: 22-Apr-2022, Manuscript No. SCR-22-16808 (R); Published: 29-Apr-2022, DOI: 10.35248/2161-1076.22.12.4.384.
Copyright: © 2022 Dicosa E. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited
