Thanks to an increasing uptake of
branded drugs in Asia-Pacific (APAC), the region’s breast cancer therapeutics
market value will climb from $1.5 billion in 2013 to $2.5 billion by 2020, at a
Compound Annual Growth Rate (CAGR) of 7.6%, forecasts business intelligence provider
Publisher.
According to the company’s latest
report*, Japan had the largest market in 2013 with a share of 58%, followed by
China and Australia, with respective shares of 21% and 16%. Despite India
having the lowest share in 2013, the country will witness the fastest growth
over the forecast period, with a CAGR of 13.8%.
According to Senior Analyst, says: “The
use of targeted therapies is expected to increase in the APAC markets as
patient access to these more expensive agents improves, aided by the entry of a
biosimilar version of trastuzumab.”
These targeted therapies will consist of
novel and modified Human Epidermal growth factor Receptor (HER-2)-targeting
agents, such as Perjeta and antibody drug conjugate Kadcyla, both from Roche,
and novel chemotherapeutic agents from Eisai's Halaven. Others, such as
Pfizer’s palbociclib and neratinib, and Boehringer Ingelheim’s afatinib, will
also contribute.
According to Senior Analyst continues:
“The breast cancer pipeline is highly robust with potential drug candidates in
various phases of clinical development. With more than 600 active pipeline
molecules, the majority of the investigational drug candidates are being
evaluated for the treatment of breast cancer in advanced stages, either as
first-line or second-line therapies.”
From a total of 612 active progressing
pipeline molecules, 42% are in the preclinical stage of development, 16% are in
Phase I, 21% are in Phase II and 8% are in Phase III, according to Publisher.
Breast Cancer Therapeutics in Asia-Pacific
Markets to 2020 - Novel HER-2 Positive Therapies Provide Diversified Treatment
Options report analyzes treatment usage patterns, market characterization,
pipeline analysis, key licensing and co-development deals in the breast cancer
therapeutics market in Australia, China, India and Japan.
This report was built using data and
information sourced from proprietary databases, primary and secondary research,
and in-house analysis conducted by Publisher’s team of industry experts.
Know more about this
report at: http://mrr.cm/ZNr
Find all Diseases Reports at : http://www.marketresearchreports.com/diseases
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