UK breast cancer therapeutics market is estimated to grow significantly at a CAGR of around 8.6% during the forecast period. Increasing the incidence of breast cancer coupled with a growing awareness program towrds breast cancer diagnosis and treatment are the major factors that contributing to the growth of the market. The awareness programs and research funding on breast cancer also enable in the growth of the market. In 2015 the Public Health England (PHE) launched the ‘Be Clear on Cancer’ campaign for the purpose of women aged 70 and over to drive awareness of the risk of breast cancer. Cancer Research UK funded about $38 million for breast cancer research in 2017. This funding enabled to create a network of research at 90 institutions in more than 40 states in the UK. The National Institute for Health and Care Excellence (NICE) set the quality standard for breast cancer that covers the care of people with breast cancer after being referred to a specialist team.
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UK breast cancer therapeutics market are segmented on the basis of therapy. The Therapy segment is further classified into chemotherapy, hormone therapy, targeted therapy, radiation therapy and others (surgery). Among all therapies, chemotherapy market held the largest market share in the UK breast cancer therapeutics market. Chemotherapy is most used when cancer in the lymph nodes and irrespective of tumor size or menopausal status. Along with that it is used for the treatment of breast cancer in premenopausal women and referred for those women who diagnosed with early stage breast cancer for hormone receptor negative and HER2 positive cancer. The types of chemotherapy include adjuvant chemotherapy and neoadjuvant chemotherapy. The adjuvant chemotherapy is used to destroy cancer cells that have been spread and not seen by the imaging tests. This method helps in reducing the cancer cells that form a new tumor in the other place of the body. Adjuvant chemotherapy reduces the risk of breast cancer coming back. Neoadjuvant chemotherapy can be used to reduce the size of the tumor, so it can be removed with less widespread surgery.
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Market Segmentation
UK Breast Cancer Therapeutics Market by Therapy
- Chemotherapy
- Hormone Therapy
- Targeted Therapy
- Radiation Therapy
- Others (Surgery)
Company Profiles
- AbbVie Inc.
- AstraZeneca PLC
- Astellas Pharma Inc.
- Bayer AG
- GlaxoSmithKline PLC
- Mylan NV
- Merck & Co., Inc.
- Novartis International AG
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