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(Medical-NewsWire.com, September 21, 2017 ) North America led the overall market in 2016 and was closely followed by Asia Pacific. Lung cancer market is a malignant lung carcinoma which is characterized by irregular cell growth in lung tissue. As the tumour grows in size, it reduces the lungs’ ability to provide oxygen to arteries, veins and capillaries. Lung cancer has extreme mortality rate all over the region and the leading reason embraces of cigarette smoking. Cures of lung cancer include chemotherapy and radiation therapy.
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Lung cancer therapeutics market displays favourable CAGR due to growing population of lung cancer and it is predicted that drift would continue with the same pace. The promising drivers for lung cancer therapeutic market are tobacco smoking, elderly population and irregular lifestyle. Conversely, high unmet need for diagnosis, accessibility of great number of generic forms of major drugs and inadequate treatment options are the key restrains to the North America lung cancer therapeutics market.
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The North America Lung Cancer Therapeutics Market is segmented on the basis of treatment type nto Chemotherapy, Radiotherapy and Other Drugs. Based on drug type, Lung Cancer Chemotherapy market is segmented into cisplatin, taxol, navelbine, camptosar and Alimta. Based on type, Lung Cancer Radiotherapy market is segregated into external beam, internal beam and systemic. On the basis of drug type, Other Lung Cancer Therapeutic Drugs market is segmented into abraxane, avastin, crizotinib, docetaxel and Gefitinib. The top global brands that are commercially accessible in the market are Avastin, Alimta and taxol. Radiotherapy accounts for the largest segment in the lung cancer therapeutics market
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Based on geography the market is analysed under various regions namely, USA and Canada. USA is the dominating country for lung cancer therapeutics market in terms of revenue followed by Canada.
Companies are implementing various strategies to increase their product portfolio and rise its geographical presence. New product expansion, contracts and associations and procurements are some of the significant approaches adopted by the manufacturers in the lung cancer therapeutics market. The prominent players of this market include BoehringerIngelheim GmbH, Hoffman-La Roche, Pfizer Inc., GlaxoSmitKline, Eli Lilly and Company, Agennix AG, AstrazenecaPlc, and Sanofi-Aventis.
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