Cervical Cancer Treatment Market
Uncontrolled proliferation of the cells in a human body leads to cervical cancer. It is highly prevalent among the female population as compared to the male one. The presence of good approaches identified with repayment is another key factor expected to support the number of screening tests over the estimated time frame. Furthermore, innovation is a key empowering influence of the further developing access and moderateness of different analytic tests across the U.S. The innovative headways as far as new indicative hardware, demonstrative systems, and screening methods are projected to augment the growth of this market.
Cervical cancer is a kind of cancer that happens in the cervix cells. Different strains of physically sent contaminations, for example, human papillomavirus disease, are the essential justification for the improvement of cervical cancer in ladies. The cervix is the lower part of the uterus that interfaces with the vagina. Manifestations of cutting-edge cervical cancer incorporate vaginal dying, pelvic agony, and bleeding vaginal release. Cervical cancer is significant illness trouble influencing moderately aged ladies across nations. Additionally, ascend in the predominance of cervical cancer is expected to drive the worldwide cervical cancer treatment market. Furthermore, the sensitive and accurate screening tests performed for current cervical cancer have gained the trust of patients and are further expected to create lucrative growth opportunities for the market in the coming years.
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Cervical Cancer Treatment Market: Introduction
- Cervical cancer is a type of cancer that occurs in the cervix cells. Various strains of sexually transmitted infections, such as human papillomavirus infection, is the primary reason for the development of cervical cancer in women. Cervix is the lower part of the uterus that connects with vagina. Symptoms of advanced cervical cancer include vaginal bleeding, pelvic pain, and bloody vaginal discharge.
- Early screening of cervical cancer provides early diagnosis of various types of cervical cancer and treatment options to physicians. Cervical cancer could affect the deeper tissues of the cervix and metastasize to other parts of body such as lung, liver, bladder, vagina, and rectum.
Cervical Cancer Treatment Market: Key Trends
- According to WHO statistics, cervical cancer is the fourth most common cancer type in women. In 2018, an estimated 570,000 women were diagnosed with cervical cancer and 311,000 women succumbed to it across the globe. The estimated prevalence of cervical cancer was 13.1 per 100,000 women globally in the same year, and varies in countries with 2 to 75 per 100,000 women.
- Death due to cervical cancer is prominent in eastern, western, middle, and southern Africa. These statistics are projected to boost the demand for cancer therapeutics during the forecast period. Cervical cancer is a major disease burden affecting middle-aged women across countries. Moreover, rise in prevalence of cervical cancer is anticipated to drive the global cervical cancer treatment market during the forecast period.
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- Surgery, radiation therapy, and targeted therapy are standard care of treatment adopted for cervical cancer. Innovative treatments are currently in pipeline for carcinoma in situ, stage IA cervical cancer, stages IB and IIA cervical cancer, and stages IIB, III, and IVA cervical cancer types. These factors are expected to propel the global market.
- Presently, the world is struggling with the COVID-19 pandemic. COVID-19 leads to pneumonia, severe & acute respiratory disorders, multiple organ failure, and, in severe cases, death. The geriatric population is more prone to COVID-19. Due to the pandemic, around 342,000 women succumbed to cervical cancer in 2020. The global market witnessed slightly sluggish growth during the pandemic.
- Governments of developing countries are making significant investments to modernize health care infrastructure in their respective countries, which is likely to increase access to health care. This is expected to increase the demand for cervical cancer treatments. Rise in prevalence of chronic heart diseases, especially cervical cancer, in developing countries presents lucrative opportunities in the global cervical cancer treatment market.
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North America to Capture Major Share of Global Cervical Cancer Treatment Market
- North America is projected to account for large share of the global cervical cancer treatment market during the forecast period owing to the presence of key companies offering cervical cancer treatment, technological advancements, and increase in number of health care centers. Prevalence of cervical cancer is rising among women in North America. According to the Centers for Disease Control and Prevention (CDC), in 2018, around 570,000 women were diagnosed cervical cancer across the world, and about 311,000 women succumbed to the disease. According to the American Cancer Society, 14,480 cases of invasive cervical cancer are estimated to be diagnosed in 2021 and 4,290 women are likely to succumb to cancer in the same year.
- The cervical cancer treatment market in Europe is projected to grow at a rapid pace during the forecast period, led by changes in lifestyle. The cervical cancer treatment market in Asia Pacific is anticipated to expand at a high CAGR during the forecast period driven by rise in prevalence of cervical cancer and increase in awareness in countries in the region. Incidence rate of cervical cancer in India and China was high in 2018, with the two countries accounting for a third of the total global cervical cancer cases. Moreover, availability of well-qualified and experienced cervical cancer surgeons, strengthening health care system, and increase in number of health care institutes offering education on drug delivery systems in cancer are expected to boost the growth of the cervical cancer treatment market in Asia Pacific during the forecast period.
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Key Players Operating in Global Cervical Cancer Treatment Market
Key players hold major market share in their respective regions. Growth strategies adopted by these players are likely to drive the global cervical cancer treatment market.
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