Market Data Forecast Says Increasing Number of Liver Cancer Cases Is Driving the Global Liver Cancer Therapeutics Market

Liver cancer signifies the fifth most generally arising cancer and the third foremost reason for deaths associated with cancer in the world.

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Hyderabad, India -- (SBWire) -- 01/26/2018 --The report "Liver Cancer Therapeutics Market by Type (Primary, Secondary and Benign Liver growths), by Therapeutics (Hepatocellular Carcinoma, Cholangio Carcinoma, Hepatoblastoma and Targeted therapy), by End-User(Paediatrics and Adults) and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts" forecasts to 2021.The liver cancer therapeutics market value is estimated to be USD 572 Million in 2016. It is expected to reach USD 884.14 Million by 2021 at a CAGR of 9.1%. Some of the key growth factors of this market are increasing geriatric population, increasing demands for high-quality cancer treatment, major advancements in cancer therapy and increasing support from the government through funding.

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By type, the liver cancer therapeutics market is segmented into Primary, Secondary, Benign liver growths. By Therapeutics the market can be further segmented into Hepatocellular Carcinoma, Cholangio Carcinoma, HeptaBlastoma and targeted therapy. Hepatocellular Carcinoma accounted for the major part of the market share due to the higher prevalence of that type of cancer with respect to the other types.

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North America dominated the global market owing to the presence of key players and support from the government through funding. North America is closely followed by Europe in terms of market share. Growing elderly population and cancer patients in Asian countries are expected to drive the market share consistently during the forecast period.

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Some of the major manufacturers of Cancer Therapeutics Market are Onyx pharmaceuticals Inc., Alnylam Pharmaceuticals Inc., Imclone systems Inc., F.Hoffmann-La Roche Ltd, Pfizer Inc., Jennerex Biotherapeutics Inc., Celsion Corp., Bayer Schering Pharma AG, 4SC AG and Bristol- Myers Squibb company.

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