Moreover, the market is furthermore influenced by technology advancements to discover novel high potential drugs, hence creating lucrative opportunities in the market.
Moreover, strong research and development in oncology treatment, the increase in the occurrence of cancer cases, growing preference toward chemotherapy for the treatment of cancer and the usage of chemotherapy in together with other cancer treatments are expected to drive the growth of radiotherapy-induced nausea and vomiting.
In addition, increasing occurrence of cancer and developments in research and development of medicines will help in boosting the development of the market.
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Cancer can be treated by chemotherapy, surgery, hormone therapy, radiation therapy, targeted therapy, stem cell transplantation and precision medicine. The most common therapy for cancer is chemotherapy; it utilizes drugs to eradicate cancer cells which lead to pain and other problems. Chemotherapy can be used together with other cancer treatments.
Chemotherapy, kills the cancer cells as well as attacks healthy cells which results into side effects such as hair loss, fatigue, nausea, and vomiting. Radiotherapy-Induced Nausea and Vomiting is one of the most severe side effects which is taken into consideration. Radiotherapy-induced nausea and vomiting are categorized as acute, which occurs in 24 hours of the treatment. This is leading to the market growth.
Also, rising number of cancer cases is expected to boost the market in US. As per the American Cancer Society’s annual report, around 1.6 million population was affected by cancer in US in 2017 and hence it is expected to occupy the highest market share in the market. In addition, advantageous government initiatives and rise in the number of research partnerships are few of the factors anticipated to increase market growth.
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- Acacia Pharma
- Baxter international Inc.
- Lee’s Pharmaceutical Holdings
- Mundipharma International limited
- Kyowa Hakko Kirin Co. Ltd.
- GlaxoSmithKline plc
- Merck & Co. Inc
- Teva Pharmaceuticals
- Heron Therapeutics Inc.
- F. Hoffmann-La Roche AG
- Tesaro Inc.
- Others.
The market is moderately competitive with presence of various major players. Technology partnerships and collaborations by the major players in the market with a view to bridge the demand-supply gap is expected to play a key role in development of the market.
Also, major players are funding largely in the in the research and development to produce advanced products. Worldwide, they are involved in long term contracts with medical care organizations, and are involving into partnerships and strategic alliances with other players in various nations to extend their business.
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Key Segments
By Drug Type
- Serotonin (5-HT3) receptor antagonist
- Neurokinin-1 (NK1) receptor antagonist
- Corticosteroids
- Dopamine antagonists
By Route of Administration
- Oral
- Parenteral
By Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Drug Stores
- E-commerce
By Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
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