According to the latest research by InsightAce Analytic, the global Triple-Negative Breast Cancer Treatment market is valued at US$ 648.33 Million in 2021, and it is expected to grow with a CAGR of 4.37% during a forecast period of 2022-2030. Triple-Negative Breast Cancer is classified as a type of breast cancer wherein tumors lack progesterone receptor (PR), the estrogen receptor (ER), and human epidermal growth factor receptor 2 (HER2), and hence still there are no effective treatment methods for TNBC. TNBC is the leading cause of death in women.
There are multiple factors that drive the triple-negative breast cancer treatment market, such as the rising prevalence of triple-negative breast cancer, rising adoption of advanced medical technologies, medical errors reduction in cancer care, rising cost of cancer care, various government initiatives for the TNBC cancer therapy developments and increasing awareness among people about advance TNBC treatments. However, factors like the high cost of treatments, shortage of skilled medical oncologists, complex and time-consuming therapy procedures can limit the growth of the triple-negative breast cancer treatment market. Moreover, there is a short-term negative impact on TNBC market due to the COVID-19 pandemic. COVID-19 pandemic has raised many issues in the market, such as labor shortage and transportation restrictions.
The triple-negative breast cancer treatment market has been segmented into Drug Types, End-users, and Regions. The Drug Types segment comprises Doxorubicin, Cyclophosphamide, Paclitaxel, Docetaxel, Carboplatin/Cisplatin, and other Drug Type. Doxorubicin will be in high scope in the future as this chemotherapy drug is beneficial and effective in treating various types of cancers. Doxorubicin can also interact with cyclophosphamide and paclitaxel. By End-users, the market is divided into Hospitals, Cancer Research Institutes, and Retail Clinics. The Cancer Research Institutes segment will dominate the market because of the easy availability of facilities. At the regional level, the triple-negative breast cancer treatment market can be segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is expected to be the major market shareholder of this market, followed by Asia-Pacific, Europe, and Rest-of-the-World.
Major key Players of triple-negative breast cancer treatment market are AstraZeneca plc., Pfizer, Inc., F. Hoffman - La Roche Ltd., Channel Strategy, Novartis AG, Mylan N.V., Eli Lilly and Company, Celgene Corporation, Sanofi S.A., Johnson & Johnson Services, Inc., and other Prominent Player.
Global Triple-Negative Breast Cancer Treatment Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2030 Based on Drug Types
