Neuroendocrine
Tumor Treatment
Market Overview
Because of the rising prevalence of
neuroendocrine carcinoma, technical improvements, and a growing number of
government initiatives, the neuroendocrine tumour therapy market is expected to
rise rapidly.
According to data from the American
Society of Clinical Oncology (ASCO), the incidence of neuroendocrine tumours is
increasing around the world, despite the fact that it is an uncommon disease.
In the United States, more than 12,000 people are diagnosed with neuroendocrine
tumours each year. As a result, the rising occurrence of neuroendocrine tumours
aids in the rapid acceptance of medications to treat this rare condition. The
cost of developing orphan pharmaceuticals is much greater than that of other
drugs, which is projected to restrain the growth of the neuroendocrine tumours
market over the forecast period. Government initiatives and financing from
various international organisations have also increased significantly, which is
expected to help the total industry in the near future.
Development of new drugs is expected to boost
the neuroendocrine tumor treatment market growth
Cancer can be treated in a variety of
ways. One of the most popular options for Neuroendocrine
Tumor Treatment Market is targeted therapy. Cancer treatment that uses
targeted therapy is quite effective. As a result, adoption of targeted NET
therapies is likely to rise during the forecast period, fueling market
expansion even more. Regulatory clearances for NET are expected to boost its
investigation as a combination therapy with targeted medications, despite the
fact that somatostatins are beneficial in the treatment of some forms of
pituitary tumours. Another somatostatin analogue being studied for the
treatment of NET is pasireotide. Somatostain analogues are the chosen treatment
for chronic control and are successful in long-term illness management.
Furthermore, the monoclonal antibody Avastin (Bevacizumab) is being examined
for its usefulness in the treatment of carcinoid tumours. The gastrin/CCK2
receptor antagonist netazepide has been reported to reduce tumours in patients
with stomach carcinoid tumours and high gastrin levels.
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