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Throat Cancer Market Revenue and Value Chain 2020-2027

The global market for throat cancer is likely to rise steadily over the forecast period due to the growing prevalence of throat cancer and the growing efforts being taken by government bodies to eliminate the threat of throat cancer. The global throat cancer market is studied in detail in a new research report from Market Research Future (MRFR), which studies the historical growth trajectory of the global throat cancer market to present readers with a detailed analysis of the market’s likely growth prospects over the forecast period. The major drivers and restraints affecting the global throat cancer market are profiled in the report to provide a clear idea about their impact on the market’s progression over the forecast period. The key players operating in the global throat cancer market are also profiled in the report to give readers an idea of the market’s competitive landscape.

The global throat cancer market has been driven in the last few years by the growing prevalence of throat cancer around the world. Throat cancer is caused by lifestyle factors such as excessive smoking and drinking. This has become an increasingly popular habit among urban users in recent years, leading to a growing prevalence of throat cancer. Smoking is a major causative agent for throat cancer, as tobacco is a major aid in the formation and proliferation of cancerous tumors. The growing global popularity of smoking is likely to remain a major driver for the global throat cancer market over the forecast period, as urban users are becoming increasingly entrenched in the smoking habits with their increasingly hectic work schedules and lifestyles.

The growing geriatric population is also likely to be a key driver for the global throat cancer market, as geriatric people are more likely to suffer from throat cancer than younger demographics. The regular consumption of piping hot beverages is also linked with the formation of throat cancers, leaving the elderly more prone to the disease than younger demographics.

Competitive Analysis:

Leading players in the global throat cancer market include Amgen Inc., Celgene Corporation, Engeneic Ltd., Merck & Co. Inc., Pfizer Inc., Teva Pharmaceutical Industries Ltd., Novartis, F. Hoffman-La Roche AG, Eli Lilly and Company, and Bristol-Myers Squibb.

In April 2019, British researchers in Guy’s & St. Thomas’ NHS Trust in London came up with a new way to get rid of throat cancers using a robotic apparatus. The new robotic apparatus allows for smooth and precise removal of throat cancers. The measure comes in the face of rising evidence that throat cancer is becoming a considerable health threat in the UK: throat cancer has become as common in people in their 50s as it is among people in their 80s, and the prevalence of head and neck cancers has risen by 31% in the last 25 years. Measures such as this are likely to become increasingly popular over the forecast period.

Segmentation:

The global throat cancer market is segmented on the basis of type and treatment.

By type, the global throat cancer market is segmented into pharyngeal and laryngeal cancer, with laryngeal cancer holding the larger share of the two and expected to exhibit robust growth over the forecast period.

By treatment, the global throat cancer market is segmented into radiation therapy, surgery, chemotherapy, and others. Radiation therapy is likely to retain the dominance in the global throat cancer market over the forecast period due to its widespread use in the treatment of throat cancer.

Regional Analysis:

North America is the leading regional market for throat cancer and is likely to retain the position over the forecast period due to the growing prevalence of throat cancer in the region and the growing demand for advanced treatments to treat the disease. The growing use of innovative treatment methods in the region is also likely to be a major driver for the throat cancer market over the forecast period.