Global Lung Cancer market is expected to grow with a CAGR of 13.5% during the period 2017 to 2023.
Lung cancer is a malignant lung tumor characterized by uncontrolled cell growth in lung tissue with symptoms such as coughing, weight loss, fatigue and chest pain. The two types of lung cancers are small-cell lung carcinoma (SCLC) and non-small-cell lung carcinoma (NSCLC). The NSCLC type accounts for almost 80% of the cancers with NSCLC representing the remaining. The cure rates for the two types of lung cancers exchange their positions with the SCLC being the most malignant. The cure rates also depend on the stage of cancer detection with rates varying by 55% for first stage to just 1% for stage four.
Almost 85% of cases of lung cancer are due to long-term tobacco smoking. Cigarette smoke contains at least 73 known carcinogens. Other factors causing lung cancer are genetic factors and exposure to triggers and carcinogens such as radon gas, asbestos, radioactive materials, second-hand smoke, or air pollution. It has also been demonstrated that passive smokers have a 20–30% increase in risk.
The treatments for lung cancer include surgery, chemotherapy, and radiotherapy with NSCLC responding better to surgery and SCLC usually responding better to chemotherapy and radiotherapy. The main drivers of lung cancer are the growing environmental pollution and smoking. The rise in the cases of lung cancers in females due to rising number of female smokers will drive the market up. Another driver is the greater screening rates with a sizable portion of lung cancer are detected during screening for other diseases.
Key Players for Global Lung Cancer Market:
- F. Hoffmann-La Roche AG,
- PFIZER INC,
- Merck & Co., Inc.,
- BRISTOL-MYERS SQUIBB,
- ELI Lilly and Company,
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The Hottest Trend in the Market
Lung cancer is a harmful tumor that originates in the cells of the lung. Harmful implies that it can spread, or metastasize, to different parts of the body. At the point when malignancy begins in lung cells, the circumstance is known as primary lung cancer. Cells in the lung sometimes change and no longer grow or behave normally. These progressions may prompt favorable tumors, for example, hamartoma and papilloma. Favorable tumors are not dangerous. But in some cases, changes to lung cells can cause cancer. Lung cancers are categorized into non–small cell lung cancer (NSCLC) and small cell lung cancer (SCLC) based on the type of cell in which the cancer started. Among the types, Non–Small Cell Lung Cancer (NSCLC) and small cell lung cancer (SCLC) are compositing the growth of the market. It is projected to grow at a steady rate from the period of 2017 to 2023.
The treatments for lung cancer include surgery, chemotherapy, and radiotherapy with NSCLC responding better to surgery and SCLC usually responding better to chemotherapy and radiotherapy. The main drivers of lung cancer market are the growing environmental pollution and smoking. The rise in the cases of lung cancers in females due to rising number of female smokers will drive the market up. Another driver is the greater screening rates with a sizable portion of lung cancer are detected during screening for other diseases.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Lung Cancer Market Research Report - Global Forecast to 2023”
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Table of Content
1 Report Prologue
2.1 Research Objective
2.2 Assumptions & Limitations
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
4 Porters Five Forces
4.2 Bargaining Power of Buyer
4.3 Bargaining power of suppliers
4.3.1 Threat from substitute
4.3.2 Threat from a New Entrant
4.3.3 Intensity of Competitive Rivalry
5 Market Dynamics
Key questions answered in this report
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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