Hyderabad, India -- (SBWIRE) -- 01/26/2018 -- According to new market research report "Melanoma Therapeutics Market by Cancer stage (Stage 0, Stage 1,Stage 2,Stage 4), by Cancer Type(Nodular Melanoma, Acral lentiginous Melanoma, Superficial Spreading Melanoma, Lentigno Maligna Melanoma, Amelanotic Melanoma, Others), by Diagnosis (Ultrasound, Blood tests, Dermatoscopy, Sentinel Lymph Node Biopsy, X-Rays, CT Scan), by Treatment (Early Melanoma, Advanced Melanoma-Biological Therapy, Targeted Therapy, Surgery, Chemotherapy, Radiotherapy, Immunotherapy) and by Region-Global Industry Analysis, Size, Share, Growth, Trends and Forecasts (2016-2021), published by MarketDataForecast™, the market is expected to reach USD 4.63 Billion by 2021 from USD 2.22 Billion in 2016, at a CAGR of 15.8%.

The rising number of people affected by skin diseases like skin allergies, skin cancer, skin infections is a primary growth factor driving this market. Increased support from the government through funding towards health care and increasing awareness among people towards Melanoma also play a crucial role in the market expansion.

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Chemotherapy is expected to dominate the market share in 2016
On the basis of treatment Melanoma Therapeutics market is segmented into Early Melanoma and Advanced Melanoma. Advanced Melanoma is further segmented into Radio Therapy, Immune Therapy, Targeted Therapy, Chemo Therapy, Surgery, and Biological Therapy. Chemotherapy was estimated to account for the largest market share in 2016.

X-Rays segment has accounted for the largest market share
By Diagnosis, the Melanoma Therapeutics Market is divided into Ultrasound, Dermatoscopy, Blood test, Sentinel Lymph node Biopsy, X rays, CT scan. X-rays dominated the market among the diagnostic techniques.

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North America is estimated to command the largest share of the market
By region, the Melanoma Therapeutics Market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. North America is expected to dominate the Market in the forecast period owing to the technological advancements achieved in medical research.

Key players in the Melanoma Therapeutics Market include Bristol-Myers Suibb Co., Merck and Co., Hoffmann-La Roche, Amgen Inc., Celgene Corp, Daiichi Snkyo, and Pfizer Inc.

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Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
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The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
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Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
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