However, high cost of drug development, threat of failure, and adverse effects of cancer drug therapy are factors expected to restrain growth of the gynecological cancer drug market. Conversely, advancement in cancer drug research and advent of personalized medicine approach are expected to provide lucrative opportunities for growth during the forecast period.
Increasing prevalence of gynecological cancers, is expected to be a major factor for growth of the market. According to American Cancer Society, endometrium cancer, a type of cervical cancer, was estimated to be the most common cancer of the female reproductive organs. Furthermore, it was also estimated that 47,130 new cases of endometrial cancer will be diagnosed in the U.S. in 2012, and about 8,010 women will die from endometrial cancer. Moreover, according to American Cancer Society, ovarian cancer is the eighth most common cancer among women and in 2012 it was estimated that about 22,280 new cases of ovarian cancer will be diagnosed in the U.S., which is expected to support growth of the gynecological cancer drugs market size over the forecast period.
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