Duodenal cancer market insights and analysis by type, by diagnosis, by treatment – forecast till 2030. The worldwide duodenal cancer market is anticipated to develop gradually over the forecast period. The global duodenal cancer market is estimated to record a CAGR of 12.54% over the forecast period of 2022–2030.
This rare kind of cancer typically develops in the upper part of the small intestine. As the duodenum starts to create malignant cells, tumors develop. Food is unable to reach the digestive system because of the tumors. Currently, the body or the small intestine cannot obtain the essential vitamins. The patient experiences a variety of symptoms.
It might be challenging to make an early diagnosis since symptoms can be vague. The duodenum is an important component of the digestive system. The duodenum allows for the passage of bile and chemical secretions, which aid in the digestion of the food. The digestive system is upset by duodenal cancer, which also hinders the body's ability to absorb vital nutrients. Numerous diagnostics have been successful in catching it early. Tests that produce in-depth images of the GI tract, like CT or MRI scans, tests like endoscopy, which examines the inner surface of the GI tract using a flexible pipe with a small camera attached, or the widely used biopsy technique, in which a sample of tissue is removed for analysis, could assist the patient in the early detection of the disease.
Rising prevalence of chronic ailments, increasing instances of rare cancers, increasing geriatric population, and technological advancements are projected to stimulate the market growth. In January 2023, for instance, GE Healthcare entered into a long-term partnership with Roche Diagnostics to co-create and promote digital medical decision support services. With this, the firms will primarily focus on solutions that improve and accelerate personalized treatment options for critical care patients.
Furthermore, increased healthcare investment is likely to influence the worldwide duodenal cancer market. However, strict administrative regulations for product approval and expensive treatments are major factors undermining the market potential.
Key Players
The key players in the worldwide duodenal cancer market includes Pfizer Inc., Eli Lilly Company, Bristol-Myers Squibb Company, AbbVie, Inc., F. Hoffman-La Roche Ltd., Novartis AG, Thermo Fisher Scientific, Bayer AG, Boehringer Ingelheim International GmbH, Ipsen Biopharmaceuticals Inc., Abbott, G E Healthcare, AstraZeneca, Agilent Technologies Inc., Dickinson Company, and Becton.
Market Segmentation
The worldwide duodenal cancer market trends has been segmented based on treatment, diagnosis, and type.
Based on treatment, the market has been segmented into chemotherapy, radiotherapy, and surgery.
Based on diagnosis, the market has been segmented into capsule endoscopy, colonoscopy or endoscopy, MRI scan, CT scan, barium X-ray, and other tests.
Based on type, the global duodenal market has been segmented into sarcoma, adenocarcinoma, lymphoma, and neuroendocrine (carcinoid) tumors.
Regional Analysis
The Americas lead the worldwide duodenal cancer market owing to factors such as high healthcare expenditure, growing incidences of chronic rare ailments, and access to well-established healthcare system. The American Society of Clinical Oncology (ASCO) recorded that 60% of the population had been diagnosed with duodenal cancer at the distant or initial phase. Europe holds the second-largest market share on account of the healthcare supports provided by the government coupled with the occurrences of several chronic ailments. The Asia-Pacific market is likely to be driven by factors such as surge in disposable income, government funding for healthcare units and growing prevalence of chronic diseases. MEA accounts for the smallest share of the global duodenal cancer market. The market growth in this region can be attributed to the improving healthcare set-up and increasing investment in the healthcare sector.
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