Cancer is a disease which involves uncontrolled cell growth which also has potential to metastasize/spread to other parts of the body. Cancer can be malignant or benign. Benign tumors generally do not spread to other parts of the body. Malignant tumors metastasize to the other parts of the body. Usual signs and symptoms of cancer are change in bowel movements, abnormal bleeding, unexplained weight loss, prolonged cough etc. Cancer is swiftly becoming a global burden. According to 2015s, report by American Cancer Society, one in eight deaths globally is due to cancer. Research findings suggests that lung cancer is the second most commonly diagnosed cancers of all types. It also has one of the highest mortality rates amongst men as well as women. In lung cancer, cells in the lungs start to grow disorderly as they become abnormal. As more malignant cells develop, they start to spread to other parts of the body.
All cancers are severely linked with intake of junk food, physical inactivity, HIV infection, tobacco, chronic infections, and other hereditary family history. It was found that decrease in active & passive smoking leads to significant decrease in incidence of cancers. Bevacizumab is a popular drug used for the treatment of different types of cancer and few eye infections. Bevacizumab is also known by its brand names Avastin and Mvasi. Avastin is used to treat different types of cancer. Bevacizumab drug targets a cancer cell protein named as vascular endothelial growth factor (VEGF). The protein vascular endothelial growth factor’s (VEGF) main function is to support cancer blood vessels to grow i.e. it takes care of the nutritional requirements of the cancer. All types of cancer need regular blood supply to persist and to grow. Bevacizumab obstructs the mechanism of this protein and this stops the cancer from growing blood vessels. This type of treatment which restricts the expansion of the blood supply are termed as anti-angiogenesis treatments.
The global Bevacizumab market is estimated to grow rapidly in the coming years. Some of the factors supporting the growth of the Bevacizumab market are rise in number of people suffering from small cell lung cancers, and increased adoption of unhealthy lifestyles, specifically in developing and developed countries which leads to change in eating, sleeping habits. Increase in demand for personalized medicines, platinum based chemotherapies, targeted therapies, and better diagnostic facilities are likely to have a positive impact on the global Bevacizumab market. Additionally, increase in government initiatives and rise in healthcare awareness are some of the factors which drive the growth of the global Bevacizumab market. Conversely, side effects of cancer therapies & drugs, and rise in cost of treatment may hinder the growth of the Bevacizumab market.
The global Bevacizumab market is divided in terms of applications and end users. By applications, Bevacizumab market is divided into cervical cancer, colorectal cancer, Glioblastoma, nonsquamous non-small cell lung cancer, ovarian cancer, renal cell carcinoma and others. By end user, the Bevacizumab market is segmented into hospitals, ambulatory surgical centers, academic & research institutes, and others.
In terms of region, the global Bevacizumab market is categorized into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Regionally, North America is predicted to lead the Bevacizumab market. Some of the reasons for its dominance are advanced healthcare set ups guided by reimbursement policies, increase in healthcare awareness amongst people about early diagnosis, adoption of new techniques, and presence of key players. After North America, Europe and Asia Pacific are expected to dominate the Bevacizumab market. Important reasons for this are rise in aging population, improvement in government funding, presence of rapidly developing economies like China, India, and Singapore etc.
Some of the key players in the global Bevacizumab market are Genentech, Amgen, Allergan, F. Hoffmann-La Roche AG etc.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.