(PharmaNewsWire.Com, March 31, 2017 ) As per the syndicated report published by Market Data Forecast Europe Colorectal Cancer Market which is estimated to be USD 3.39 billion in 2016 is poised to reach USD 3.83 billion by 2021, at a CAGR of 2.45 % from 2016 to 2021. It can attributed to the factors such Rise in pipeline However certain challenges like high cost of treatment must be dealt with to attain the full potential.
To give a brief idea Colorectal cancer is unrestrained cell growth that occurs in the colon, appendix and the rectum region. Some of the generally seen symptoms of colorectal cancer are blood in the weight loss, stool, fatigue, and irregular bowel movements.
Colorectal cancer is identified with a biopsy, which then followed by medical imaging to know its extent. Depending on the stage and how much the cancer has expanded, a combination of chemotherapy, radiation therapy, and targeted therapy is recommended by most oncologists.
Europe Colorectal Cancer Market is segmented based on Diagnosis and treatment as mentioned below for attaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Product Segmentation:
1) Based on Diagnosis:
Digital Rectal Examination Faecal Occult Blood Test Flexible Sigmoidoscopy Colonoscopy Virtual Colonoscopy
2) Based on Treatment:
Surgery and Radiation Therapy Chemotherapy Targeted Therapies Resistance to Pharmacological Therapies
The Europe market has been geographically segmented into U.K, Spain, Germany, France and Italy. European is the 3rd largest market with a global share of 24%.Germany is the largest market share holder for market in this region, followed by the France and UK .Other significant markets in the region are Netherlands, Norway, Denmark and Greece. The major companies dominating the market in this region are Abbott Diagnostics, Beckman Coulter, Companion Dx, Debiopharm Group, Alere, Clinical Genomics, Hoffmann La Roche, Vaccinogen BD.
The Colorectal Cancer market study offers the following deliverables:
Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
Meticulously identifying the key areas of market growth by providingmarket size forecasts and y-o-y estimations at a Segment-level analysis
Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors thataffect the European market presented in the form ofPESTLE and Porters Five Forces Analyses
Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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