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The global market consist of players such as Amgen Inc., Bristol-Myers Squibb, Celgene Corporation, Eli Lilly And Company, Engeneic Ltd, F. Hoffmann-la Roche AG, Merck & Co., Inc., Novartis, Pfizer Inc., and Teva Pharmaceutical Industries Ltd among others are some of the prominent players at the forefront of competition in the global throat cancer market and are profiled in MRFR Analysis.
The throat cancer market is growing at a fast pace and is expected to growth soon.
The major factors that driving the growth of this market are adoption of unhealthy lifestyle, high number of tobacco consumers, and increasing smoking population, and increasing old age population, among others.According to National Cancer Institute (NIH), about 1.1% of adult population is estimated to have diagnosed with pharyngeal cancer followed by 0.4% with laryngeal cancers at some point during their lifetime.
The rising prevalence of the deadly disease is creating a huge demand for the effective treatment option, which in turn, is boosting the growth of the global throat cancer market.Global Throat Cancer Market – Competitive LandscapeThe market for throat cancer is growing with number of companies operating in this market which are developing products including the drugs, molecules.
Lack of availability of substantial treatment option has created a wide range of opportunities for the drug manufacturers.
According to the recent estimates by American Cancer Society, nearly 13,150 new cases of laryngeal cancer will occur and about 2,710 people will die because of laryngeal cancer in 2018, only in U.S. Advanced medical care facilities, growing demand for advanced cancer care, presence of big pharmaceutical companies in the region, continuous rising old age population are some of the factors that are pushing the growth of the throat cancer market in American region.European market is second largest market after Americas.
