(PharmaNewsWire.Com, May 10, 2017 ) According to the report Global Colorectal Cancer Market, published by Market Data Forecast, the global market is projected to reach USD 16.10 billion by 2021, at a CAGR of 2.60% from 2016 to 2021.Colorectal cancer is a consequence of unrestrained cell growth that occurs in the appendix, colon, and the rectum region. Some of the generally seen symptoms of colorectal cancer are blood in the stool, weight loss, fatigue, and irregular bowel movements. Colorectal cancer is identified with a biopsy, which then followed by medical imaging to know its extent. Depending on the stage and how much the cancer has expanded, a combination of radiation therapy, chemotherapy, and targeted therapy is recommended by most oncologists.
The key driving factors for the growth of colorectal cancer market include increasing pipeline colorectal cancer screening tests, aging population, rise in public awareness, and government policies to provide better care for Colorectal Cancer. However, high costs of screening tests and poor availability of proper cancer care in the emerging regions are hindering the growth of the market.
The Colorectal Cancer Market is segmented as following:
Based on Diagnosis: Digital Rectal Examination Faecal Occult Blood Test Flexible Sigmoidoscopy Colonoscopy Virtual Colonoscopy
Based on Treatment: Surgery and Radiation Therapy Chemotherapy Targeted Therapies Resistance to Pharmacological Therapies
Geographical Segmentation: North America Colorectal Cancer Market Europe Colorectal Cancer Market Asia-Pacific Colorectal Cancer Market Latin America Colorectal Cancer Market Middle East and Africa Colorectal Cancer Market
The major companies operating in the global Colorectal Cancer market are Abbott Diagnostics (U.S.), Alere (U.S.), Beckman Coulter (U.S.), Clinical Genomics (U.S.), Companion Dx (U.S.), Hoffmann La Roche (Switzerland), Debiopharm Group (Switzerland), and Vaccinogen BD (U.S.).
The Colorectal Cancer market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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