NASOPHARYNGEAL CARCINOMA TREATMENT MARKET ANALYSIS

Regional Analysis

Nasopharyngeal Carcinoma Treatment Market - Regional Analysis

Geographically, the nasopharyngeal carcinoma treatment market is segmented into North America, Latin America, Europe, Middle East, Asia Pacific, and Africa. North America is expected to be dominant market over the forecast period, owing to increasing research and developmental activities by key market players in the region to develop better treatment.

However, Asia Pacific is expected to be fastest growing hypo-pharyngeal cancer treatment market, due to increasing incidence of nasopharyngeal carcinoma in the region. According to Canadian Cancer Society, the risk factor for developing cancer is higher in Southeast Asian or Chinese ancestry, particularly Cantonese ancestry. According to Union for International Cancer Control 2014, APAC countries like Southern China and Southeast Asia, the annual age-standardized incidence rates are as high as 20 to 30 cases per 100,000 population in men and 8 to 15 cases per 100,000 populations in women in comparison to U.S. which is less than 1 per 100,000. Moreover, according to article published in World Cancer Research Journal, in 2012, there were 42,100 cases of nasopharyngeal cancer detected in China, 13,084 cases in Indonesia, 4,931 cases in Vietnam, 3,947 in India, and 2,030 in Malaysia.