ANGIOSARCOMAS TREATMENT MARKET ANALYSIS

Angiosarcomas Treatment MarketSize and Trends

Angiosarcoma is a rare cancer of the inner lining of blood vessels, which occur in any area of the body, including the skin, breast, liver, spleen, and deep tissue and originates due to the transformation of mesenchymal cells. Angiosarcoma is known to appear on skin of face, while growth of these tumors increases the risk of mortality. The treatment options available for angiosarcoma include surgery, chemotherapy, and radiotherapy. Though the disease is rare, its severity and ability to spread, are expected to major factors increasing growth of the angiosarcoma treatment market over the forecast period.

According to the National Cancer Institute (NCI), around 50% of the people suffering from angiosarcoma, have a survival rate of around 5 year from onset. Those who respond to treatment and show some recovery in first 5 years after diagnosis of angiosarcoma, have higher chances of survival, than those that are not diagnosed on time. According to the data published by NCI in 2014, based on a 5-year study, the survival rate for sarcoma was pegged at 90% at the first stage, 81% at the second stage, 56% during the third stage, while survival during the fourth stage is highly unlikely. Diagnostics tests such as CT, PET, MRI scan, and biopsy tests are widely used for the effective diagnosis of angiosarcoma.

As per results of a study by Coherent Market Insights, in August 2015, the incidence rate for this disease is low, with angiosarcoma contributing to 1-2% towards sarcoma cases. Rising number of cancer cases inadvertently is expected to create a highly conducive environment for growth of the angiosarcoma treatment market.

Rising prevalence of angiosarcoma disease and increasing research and development to boost market growth

The market in North America accounts for the dominant market globally, as major research and development activities are carried out in this region. North America thus, accounts for the largest market share, followed by Europe, which is backed up by growing healthcare infrastructure, availability of affordability of drugs, and high awareness about available treatments in the region..