Carcinoid Syndrome Management Market Overview
Carcinoid Syndrome Management Market Size was valued at USD 1.7 Billion in 2023. The Global Carcinoid Syndrome Management industry is projected to grow from USD 2.1 Billion in 2024 to USD 4.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 12.65% during the forecast period (2024 - 2032).
Carcinoid syndrome comprises of signs and symptoms including flushing of the face, debilitating diarrhea, asthma caused due to vasoconstriction, intestinal bleeding, fast heartbeat, shortness of breath, sweating, unexplained weight gain etc. which are settled secondary to carcinoid tumor. The management or treatment of carcinoid syndrome often requires palliative and supportive care. Management of carcinoid syndrome involves drug therapy or surgical removal of carcinoid tumor from the organ.
Increasing incidence of hormonal disorders, growing smoking habits, levels of carcinogen in highly developed countries etc. are the major driving factor, driving the growth of the market. The only factor restraining the growth of carcinoid syndrome management market is that no availability of drugs approved to manage carcinoid syndrome.
Study objectives:
- To provide detail analysis of parent market and the changing market dynamics of the industry.
- To provide detail analysis of the market structure along with estimated future growth forecast about various segments and sub-segments of the carcinoid syndrome management market.
- To provide in depth market segmentation and historical, current and projected market size in terms of value and volume with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.
- To provide country level analysis of the market with respect to the current market size and future growth prospect.
- To provide detailed analysis on recent industry trends and developments, strategies of key players and competitive landscape of the Carcinoid Syndrome Management Market.
- To track and analyze developments which are competitive in nature such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments currently taking place in the Carcinoid Syndrome Management Market.
Figure 1 Carcinoid Syndrome Management Market by Organs Affected
Key Players of Carcinoid Syndrome Management Market
Key players profiled in the Carcinoid Syndrome Management Market are
- Novartis International AG (Sandoz) (Switzerland)
- Pharmascience Inc. (Canada)
- Omega Laboratories Ltd. (Canada)
- Teva Pharmaceutical Industries Ltd. (Israel)
- Mylan N.V. (USA)
- Ipsen Biopharmaceuticals, Inc.(US)
- Sirtex Medical Limited (Australia)
- BTG International Ltd. (UK)
- Wockhardt Ltd.
- Sun Pharmaceutical Industries Limited (India)
Carcinoid Syndrome Management Market Segmentation
The carcinoid syndrome management market is segmented on the basis of organs affected by the disease, treatment procedures and end users. Based on organs affected by the disease, the market has been segmented into small intestine, lungs, rectum, appendix, colon, stomach, pancreas, liver and others. Based on treatment type, the market has been segmented into chemotherapy, biological therapy, and hepatic artery embolization agents. Further on the basis of end users the market has been segmented as hospital, clinics, and cancer institute and treatment centers.
The report for Carcinoid Syndrome Management by Market Research Future comprises of extensive primary research along with the detail analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.
Intended Audience
- Global carcinoid syndrome management or treatment device manufacturers & suppliers
- Contract research organizations (CROs)
- Research and development (R&D) companies
- Government research laboratories
- Independent research laboratories
- Government and independent regulatory authorities
- Market research and consulting service providers
- Academic institutes and universities
Report Attribute/Metric
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Details
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  Market Size
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  2032: USD 4.9 Billion
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  CAGR
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  12.65% (2024-2032)
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  Base Year
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  2023
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Forecast Period
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  2024-2032
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Historical Data
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  2021
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Forecast Units
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  Value (USD Billion)
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Report Coverage
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Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
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Segments Covered
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Organs affected, Treatment and End users
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Geographies Covered
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North America, Europe, Asia-Pacific, and Rest of the World (RoW)
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  Key Vendors
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Novartis International AG (Sandoz) (Switzerland), Pharmascience Inc. (Canada), Omega Laboratories Ltd. (Canada), Teva Pharmaceutical Industries Ltd. (Israel), Mylan N.V. (USA), Ipsen Biopharmaceuticals, Inc.(US), Sirtex Medical Limited (Australia) , BTG International Ltd. (UK), Wockhardt Ltd. , and Sun Pharmaceutical Industries Limited (India
|
Key Market Opportunities
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Joint ventures, strategic alliances, mergers and acquisitions, new product developments
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Key Market Drivers
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Increasing incidence of hormonal disorders
Growing smoking habits
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Carcinoid Syndrome Management Market Highlights:
Frequently Asked Questions (FAQ) :
Rise in smoking among the populace, rising cases of hormonal disorders, and high levels of carcinogens among the people in developed countries are major factors driving the global carcinoid syndrome management market.
Low availability of drugs to manage the disease is the major restraining factor of the global carcinoid syndrome management market.
The Americas can dominate in the global carcinoid syndrome management market till 2023.
Pharmascience Inc., Novartis International AG, Mylan N.V., Ipsen Biopharmaceuticals, Inc., Wockhardt Ltd., Teva Pharmaceutical Industries Ltd., BTG International Ltd., Sun Pharmaceutical Industries Limited, Sirtex Medical Limited, and Omega Laboratories Ltd. are major players of the global carcinoid management market.
Acquisitions seem to be the major strategy of players in the global carcinoid syndrome management market.
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