The global sunitinib malate market is anticipated to gain growth at a significant CAGR in the forecast period. Sunitinib was the first cancer treatment to be licenced for two indications at the same time, renal cell carcinoma and imatinib-resistant gastrointestinal stromal tumour (GIST).
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The global sunitinib malate market is mainly driven by technological development and the increasing prevalence of pancreatic cancer. New prospects for the sunitinib malate market are estimated to emerge as pancreatic cancer awareness grows in rising countries such as China, India, and others. On other hand, the global sunitinib malate market is obstructed by higher research and development costs as well as high Sutent costs.
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The global sunitinib malate market for pancreatic cancer has grown steadily over the years, and this trend is projected to continue in the years ahead. This is mostly due to the rising usage of pharmacological therapy for the treatment of pancreatic cancer in the market. Patients with pancreatic neuroendocrine tumours (pNET) are classified into three stages, localised, progressed, and distant. As this type of tumour produces almost no symptoms, it is difficult to diagnose it in its early stages, the number of patients suffering from distant pNET is larger that is boosting the market growth.
Global Sunitinib Malate Market – Segmentation
By Product type
Tablet
Capsule
Suspension
By Application
Pancreatic Neuroendocrine Tumors
Advanced Kidney Cancer
Gastrointestinal stromal tumour (GIST)
others.
By End-User
Hospital Pharmacy
Retail Pharmacy
Clinics
Ecommerce
Others
Global Sunitinib Malate Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Abbvie
Abbott
West-Ward Pharms
Actavis Labs Fl Inc.
Sun Pharm Inds
Mylan
Mayne Pharma
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