UTERINE CANCER DRUGS MARKET ANALYSIS

Market Challenges And Opportunities

Uterine Cancer Drugs Market Drivers

Increasing funding for cancer research, rising insurance coverage, and increasing number of new targeted cancer drugs are supporting the revenue growth of uterine cancer drugs market size. For instance, National Cancer Institute, in 2015, invested around US$ 4,480 million on cancer research, which include uterine cancer, cervical cancer, lung cancer, colorectal cancer, liver cancer, breast cancer, leukemia, and ovarian cancer. Furthermore, according to the American Cancer Society, U.S. has spent around US$ 87.8 billion in 2014, on cancer research, in which the major cost accounting for around 44%, was paid by private insurance companies.

Furthermore, increasing number of clinical trials conducted for treatment of endometrial cancer and uterine sarcoma are expected to augment growth of the uterine cancer drugs market. According to U.S. National Library of Medicine, August 2017, clinical trials database, Memorial Sloan Kettering Cancer Center: a cancer treatment and research institute in New York, is engaged in conducting two clinical trial studies for uterine cancer, which includes Phase II study of Nivolumab immunotherapy to treat recurrent or persistent uterine cancer and second is the Selinexor (KPT-330) with Paclitaxel and Carboplatin, present in phase I clinical stage for treating advanced ovarian and endometrial cancers.