Anaplastic Oligoastrocytoma Drug Market is anticipated to grow at a significant CAGR during the forecast period. Anaplastic oligoastrocytoma is a brain tumor. It occurs due to a rapid increase in the number of two types of cells in the brain to form a mass. These cells include oligodendrocytes and astrocytes and are known as glial cells that normally protect and support nerve cells in the brain. The major factor driving the market growth is the increasing prevalence of anaplastic oligoastrocytoma across the globe.
According to the National Organization for Rare Diseases, astrocytomas are the most common primary brain tumors. It affects males more often than females and is estimated to affect 5-8 people per 100,000 in the general population. Additionally, anaplastic oligoastrocytoma is also called Grade III astrocytoma. It occurs most often in adults between the ages of 30 and 60. Furthermore, it is more common in men and accounts for 4% of all brain tumors. Hence, the increasing prevalence of anaplastic oligoastrocytoma is driving the demand for anaplastic oligoastrocytoma drugs which in turn is driving the growth of the market.
The global anaplastic oligoastrocytoma drug market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Anaplastic oligoastrocytoma is a brain tumor. It occurs due to a rapid increase in the number of two types of cells in the brain to form a mass. These cells include oligodendrocytes and astrocytes and are known as glial cells that normally protect and support nerve cells in the brain. The major factor driving the market growth is the increasing prevalence of anaplastic oligoastrocytoma across the globe.
According to the National Organization for Rare Diseases, astrocytomas are the most common primary brain tumors. It affects males more often than females and is estimated to affect 5-8 people per 100,000 in the general population. Additionally, anaplastic oligoastrocytoma is also called Grade III astrocytoma. It occurs most often in adults between the ages of 30 and 60. Furthermore, it is more common in men and accounts for 4% of all brain tumors. Hence, the increasing prevalence of anaplastic oligoastrocytoma is driving the demand for anaplastic oligoastrocytoma drugs which in turn is driving the growth of the market.
Some major players in the market include Novartis International AG, and Pfizer Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in May 2020, Novartis announced the updated results from the landmark COMBI-AD clinical trial that demonstrated that treatment with Tafinlar (dabrafenib) and Mekinist (trametinib) following the surgical removal of melanoma offers a long-term and durable relapse-free survival benefit to high-risk patients who are diagnosed with stage III BRAF-mutation positive melanoma.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Novartis International AG, and Pfizer Inc., among others.
Global Anaplastic Oligoastrocytoma Drug Market Report by Segment
By Type
- CDX-1401
- Depatuxizumab Mafodotin
- Flucytosine
- Others
By Application
- Hospital
- Clinic
- Others
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Anaplastic Oligoastrocytoma Drug Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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