Metastatic Uveal Melanoma Therapeutics Market Report

Market Insights

The Global Metastatic Uveal Melanoma Therapeutics Market is projected to grow from USD xx million in 2020 to USD xx million by 2026 at a CAGR of over x% during the forecast period.

Figure: Global Metastatic Uveal Melanoma Therapeutics Market Size, 2020-2026 (USD Million)

Wish to get a free sample on this report? Click here.

What is Metastatic Uveal Melanoma Therapeutics?

Uveal Melanoma is a rare intraocular tumour in adults which originates in either iris, ciliary body, or choroid. Around 50% of the people develop metastatic disease after uveal melanoma diagnosis. It metastasizes to the liver and carries poor prognosis. Various types of therapeutics used to treat metastatic uveal melanoma includes sunitinib malate, vincristine sulphate liposomal, ly-2801653, and sotrastaurin acetate among others.

Key Players

Key players operating in the global Metastatic Uveal Melanoma Therapeutics market are-

• AstraZeneca PLC (UK),
• Eli Lilly and Company (The U.S),
• Novartis International AG (Switzerland),
• Pfizer Inc. (The U.S),
• Spectrum Pharmaceuticals, Inc. (The U.S),
• Amgen, Inc. (The U.S),
• F. Hoffmann-La Roche AG (Switzerland),
• Bristol-Myers Squibb Company (The U.S),
• Merck & Co., Inc. (The U.S),
• Daiichi Sankyo Company, Limited (Japan), and
• AB Sciences (France).

Market Dynamics

The growth of the global metastatic uveal melanoma therapeutics market is driven by increasing incidences of uveal melanoma cancer.

• The increasing geriatric population across geographies is likely to propel market growth at a significant rate during the review period.
• The market players are continuously emphasizing developing advanced solutions to treat the disease, which, is likely to drive the market growth significantly.

Segment Analysis

End User Trends

By end-user, the metastatic uveal melanoma therapeutics market has been bifurcated into hospitals, clinics, and others. Under these, the hospitals' segment garnered the largest market share in 2020 and is projected to grow at the highest CAGR during the review period. The segment growth can be attributed to increasing incidences of metastatic disease and the availability of required infrastructure in the hospitals.

Regional Trends

By region, the market in North America garnered the largest market share in 2020 and is projected to grow at a steady CAGR during the assessment period. The US accounted for the larger market share in the region due to rising cases of uveal melanoma. Around 5.2 cases per 1 million population are reported every year. The market in Asia-Pacific is projected to register a healthy growth rate on account of growing medical tourism and increasing consumer awareness about cancer and its treatment methods.

COVID-19 Impact on Global Metastatic Uveal Melanoma Therapeutics Market

The covid-19 outbreak posed significant challenges to the health care system across geographies. It has negatively influenced the metastatic uveal melanoma therapeutics industry. Government bodies across the globe are focusing to curb the COVID-19 with stringent measures, such as nationwide lockdowns, social distancing, and large-scale quarantine to prevent the spread of the coronavirus. Due to the outbreak of the coronavirus disease COVID-19, the medical visits were either cancelled or postponed, which, in turn, hampered the market growth.

Critical Questions Answered in the Report

• What are the key trends in the global Metastatic Uveal Melanoma Therapeutics market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the global Metastatic Uveal Melanoma Therapeutics market?
• What are the key strategies adopted by the major vendors to lead in the global Metastatic Uveal Melanoma Therapeutics market?
• What is the market share of the top vendors?

Wish to know more about the study? Click here.

Target Audience

• Metastatic uveal melanoma therapeutics companies
• Drug companies
• Hospitals
• Medical devices companies
• R&D centers

Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].