The renal cancer drug therapy market has witnessed a dramatic change in its treatment paradigm over the last three decades. Although there are a variety of treatment options available, innovators have now shifted their focus towards more targeted therapies and immunotherapies. The market is primarily driven by lifestyle affecting factors such as reduced physical activity, excessive smoking and drinking. A rising aging population and the mounting prevalence of kidney cancer cases are some of the additional factors boosting the growth of the market. Strong pipeline and fast-emerging treatments are expected to further boost the market during the analysis period. However, high cost of drugs, looming off-patents and uncertain reimbursement policies are some of the factors that are likely to restrain the market growth.This growth is primarily driven by Rising prevalence of cancer and autoimmune & infectious diseases and Launch of several diagnostic and screening programs worldwide.
Globally, a noticeable market trend is evident Increasing adoption of immunotherapy drugs over conventional treatment regimens. Major Players, such as Amgen / Allergan (United States), Argos Therapeutics (Netherlands), AstraZeneca (United Kingdom), Aveo Pharmaceuticals (United States), Bayer (Germany), Exelixis (United States), Incyte (United States), Merck (United States), Roche (Switzerland) and Bristol-Myers Squibb (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Rising prevalence of cancer and autoimmune & infectious diseases
- Launch of several diagnostic and screening programs worldwide
- Increasing adoption of immunotherapy drugs over conventional treatment regimens
- Timeline issues, side-effects, and manufacturing complexities
Increased demand for personalized medicines
Lack of awareness
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Market Share Movements
Growth Drivers and Constraints
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