Brain and Spinal Cord Cancer Market
Global Brain and Spinal Cord Cancer Market Research By Type (Grade I, Grade II, Grade III and Grade IV), By Diagnostic Test (Imaging Tests, Magnetic Resonance Imaging (MRI) Scan, Computed Tomography (CT) Scan and Positron Emission Tomography (PET) Scan), and By Treatment (Surgery and Therapy) Forecast Period 2021-2027 Update Available - Forecast 2024-2030
The global brain and spinal cord cancer market is growing at a considerable CAGR of 9.0% during the forecast period. Increasing R&D on therapies associated with brain cancer is one of the prime factors affecting and driving the market. Growing demand for minimally invasive surgeries, increased spending on healthcare infrastructure by government among others is also estimated to be the key factors that are contributing significantly towards the growth of the market. However, side effects related with therapies and high cost involvement are some major factors constraints that are hindering the growth of the global brain and spinal cord cancer market across the globe.
However, technological advancement is one of the key factors that are creating opportunity for the market. New launches in the market are likely to drive the growth of the global brain and spinal cord cancer market. For instance, in April 2020, Sanofi BTK inhibitor (SAR442168) had resulted in its phase 2b trial for decreasing activity related with multiple sclerosis (MS) as measured by magnetic resonance imaging (MRI). BTK inhibitor is an oral brain-penetrant, which has achieved its efficacy and safety through the proper evaluation process.
Impact of COVID-19 on the Global Brain and Spinal Cord Cancer Market
The global brain and spinal cord cancer market is hardly hit by the COVID-19 pandemic since December 2019. The COVID-19 pandemic in the major economies had disrupted the manufacturing and transportation sector. However, the companies have increased their investment more in R&D in order to provide effective treatment to patients suffering from brain and spinal cord cancer.
Segmental Outlook
The market is segmented based on type, diagnostic test and treatment. Based on type, the market is segmented into grade I, grade II, grade III and grade IV. By diagnostic test, the market is segmented into imaging tests, magnetic resonance imaging (MRI) scan, computed tomography (CT) scan and positron emission tomography (PET) scan. Further, by treatment, market is segmented into surgery and therapy.
Global Brain and Spinal Cord Cancer Market Share by Treatment 2020 (%)
Based on the treatment, the therapy holds a significant share in the market. It is mostly given for the purpose of curing the cancer and restricting the progression of a cancer. One of the therapies is given that is radiation therapy to the patient suffering from brain and spinal cord cancer for the purpose of destroying tumor cells with the use of high-energy X-rays or other particles. Generally, doctor use this therapy for slowing down or stopping the development of brain tumor after the surgery. Moreover, with the support of systemic therapy in which medication is given through the blood stream for reaching tumor cells throughout the body. This includes chemotherapy and targeted therapy. Chemotherapy is the use of drug that restricts the tumor cells from growing and making more cells where as targeted therapy is the type of treatment that targets specific genes or tissue environment that is responsible for growth and development of tumor.
Regional Outlooks
The global brain and spinal cord cancer market is analyzed based on the geographical regions that are contributing significantly towards the growth of the market. Based on the geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America held a considerable share in 2020 in the global brain and spinal cord cancer market. Some factors that are boosting the market growth in North America are increasing number of cases related with brain and spinal cord cancer, rising awareness related with this cancer in the region. Additionally, well developed infrastructure of health that has led to increasing new drugs and therapeutics is other factors that are promoting the growth of the market.
Global Brain and Spinal Cord Cancer Market, by Region 2021-2027
Asia-Pacific will have Considerable Growth in the Global Brain and Spinal Cord Cancer Market
Asia-Pacific region is expected to witness significant growth opportunities for the market. Increasing advancement in technology in emerging economies of the region is likely to drive the growth of the regional market. Further due to rising health care expenditure along with increasing research and development activities in India, China and South Korea are also some of the factors that are affecting and impacting the growth in this market.
Market Player Outlook
Key players of the global brain and spinal cord cancer market are Daiichi Sankyo Co., Ltd., General Electric Co., Lilly, Siemens Healthcare GmbH, and WPD Pharmaceuticals among others. To survive in the market, these players adopt different marketing strategies such as new launches and acquisition. For instance, in December 2020, General Electric Co. along with other companies had selected to improve survival brain tumor people with the help of AI- based personalized radiation treatment.
In November 2019, a combination of three cancer immunotherapy drugs by Inovio and Sanofi/Regeneron had highlighted effective results in the treatment of glioblastoma multiforme (GBM) that is considered as a form of brain cancer.
In August 2019, Sanofi had introduced Aubagio as a multiple sclerosis (MS) drug teriflunomide for the treatment of Glioblastoma that is a common form of brain cancer.
In June 2019, Bayer AG had set forth the Stivarga (regorafenib) which had become the first compound that will be used in clinical trial platform for the purpose of investigating new therapies related with brain cancer.
The Report Covers
• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global brain and spinal cord cancer market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Brain and Spinal Cord Cancer Industry
• Recovery Scenario of Global Brain and Spinal Cord Cancer Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Brain and Spinal Cord Cancer Market by Type
5.1.1. Grade I
5.1.2. Grade II
5.1.3. Grade III
5.1.4. Grade IV
5.2. Global Brain and Spinal Cord Cancer Market by Diagnostic Test
5.2.1. Imaging Tests
5.2.2. Magnetic Resonance Imaging (MRI) Scan
5.2.3. Computed Tomography (CT) Scan
5.2.4. Positron Emission Tomography (PET) Scan
5.3. Global Brain and Spinal Cord Cancer Market by Treatment
5.3.1. Surgery
5.3.2. Therapy
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Bayer AG
7.2. Bristol-Myers Squibb
7.3. DAIICHI SANKYO CO., LTD.
7.4. GENERAL ELECTRIC CO.
7.5. Sanofi
7.6. Lilly
7.7. Merck & Co.
7.8. Novartis AG
7.9. Pfizer Inc.
7.10. F. Hoffmann-La Roche Ltd
7.11. Spectrum Pharmaceuticals, Inc.
7.12. Siemens Healthcare GmbH
7.13. WPD Pharmaceuticals
1. GLOBAL BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS, 2020-2027 ($ MILLION)
2. GLOBAL BRAIN AND SPINAL CORD CANCER MARKET BY TYPE, 2020-2027 ($ MILLION)
3. GLOBAL GRADE I MARKET BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL GRADE II MARKET BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL GRADE III MARKET BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL GRADE IV MARKET BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL BRAIN AND SPINAL CORD CANCER MARKET BY DIAGNOSTIC TEST, 2020-2027 ($ MILLION)
8. GLOBAL IMAGING TESTS MARKET BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) SCAN MARKET BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL COMPUTED TOMOGRAPHY (CT) SCAN MARKET BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL POSITRON EMISSION TOMOGRAPHY (PET) SCAN MARKET BY REGION, 2020-2027 ($ MILLION)
12. GLOBAL BRAIN AND SPINAL CORD CANCER MARKET BY TREATMENT, 2020-2027 ($ MILLION)
13. GLOBAL SURGERY MARKET BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL THERAPY MARKET BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
16. NORTH AMERICAN BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
17. NORTH AMERICAN BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
18. NORTH AMERICAN BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY DIAGNOSTIC TEST, 2020-2027 ($ MILLION)
19. NORTH AMERICAN BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2020-2027 ($ MILLION)
20. EUROPEAN BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
21. EUROPEAN BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
22. EUROPEAN BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSISBY DIAGNOSTIC TEST, 2020-2027 ($ MILLION)
23. EUROPEAN BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSISBY TYPE, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY DIAGNOSTIC TEST, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2020-2027 ($ MILLION)
28. REST OF THE WORLD BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
29. REST OF THE WORLD BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY DIAGNOSTIC TEST, 2020-2027 ($ MILLION)
30. REST OF THE WORLD BRAIN AND SPINAL CORD CANCER MARKET RESEARCH AND ANALYSIS BY TREATMENT, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL BRAIN AND SPINAL CORD CANCER MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL BRAIN AND SPINAL CORD CANCER MARKET SHARE BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL BRAIN AND SPINAL CORD CANCER MARKET, 2021-2027 (%)
4. GLOBAL BRAIN AND SPINAL CORD CANCER MARKET SHARE BY TYPE, 2020 VS 2027 (%)
5. GLOBAL BRAIN AND SPINAL CORD CANCER MARKET SHARE BY DIAGNOSTIC TEST, 2020 VS 2027 (%)
6. GLOBAL BRAIN AND SPINAL CORD CANCER MARKET SHARE BY TREATMENT, 2020 VS 2027 (%)
7. GLOBAL BRAIN AND SPINAL CORD CANCER MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL GRADE I MARKET BY REGION, 2020 VS 2027 (%)
9. GLOBAL GRADE II MARKET BY REGION, 2020 VS 2027 (%)
10. GLOBAL GRADE III MARKET BY REGION, 2020 VS 2027 (%)
11. GLOBAL GRADE IV MARKET BY REGION, 2020 VS 2027 (%)
12. GLOBAL IMAGING TESTS MARKET BY REGION, 2020 VS 2027 (%)
13. GLOBAL MAGNETIC RESONANCE IMAGING (MRI) SCAN MARKET BY REGION, 2020 VS 2027 (%)
14. GLOBAL COMPUTED TOMOGRAPHY (CT) SCAN MARKET BY REGION, 2020 VS 2027 (%)
15. GLOBAL POSITRON EMISSION TOMOGRAPHY (PET) SCAN MARKET BY REGION, 2020 VS 2027 (%)
16. GLOBAL SURGERY MARKET BY REGION, 2020 VS 2027 (%)
17. GLOBAL THERAPY MARKET BY REGION, 2020 VS 2027 (%)
18. US BRAIN AND SPINAL CORD CANCER MARKET SIZE, 2020-2027 ($ MILLION)
19. CANADA BRAIN AND SPINAL CORD CANCER MARKET SIZE, 2020-2027 ($ MILLION)
20. UK BRAIN AND SPINAL CORD CANCER MARKET SIZE, 2020-2027 ($ MILLION)
21. FRANCE BRAIN AND SPINAL CORD CANCER MARKET SIZE, 2020-2027 ($ MILLION)
22. GERMANY BRAIN AND SPINAL CORD CANCER MARKET SIZE, 2020-2027 ($ MILLION)
23. ITALY BRAIN AND SPINAL CORD CANCER MARKET SIZE, 2020-2027 ($ MILLION)
24. SPAIN BRAIN AND SPINAL CORD CANCER MARKET SIZE, 2020-2027 ($ MILLION)
25. REST OF EUROPE BRAIN AND SPINAL CORD CANCER MARKET SIZE, 2020-2027 ($ MILLION)
26. INDIA BRAIN AND SPINAL CORD CANCER MARKET SIZE, 2020-2027 ($ MILLION)
27. CHINA BRAIN AND SPINAL CORD CANCER MARKET SIZE, 2020-2027 ($ MILLION)
28. JAPAN BRAIN AND SPINAL CORD CANCER MARKET SIZE, 2020-2027 ($ MILLION)
29. SOUTH KOREA BRAIN AND SPINAL CORD CANCER MARKET SIZE, 2020-2027 ($ MILLION)
30. REST OF ASIA-PACIFIC BRAIN AND SPINAL CORD CANCER MARKET SIZE,2020-2027 ($ MILLION)
31. REST OF THE WORLD BRAIN AND SPINAL CORD CANCER MARKET SIZE, 2020-2027 ($ MILLION)
