The global radiation proctitis treatment market is expected to progress at a healthy CAGR of around 7% from 2021 to 2031. Demand for acute radiation proctitis treatment is high, while over the coming years, the need for chronic radiation proctitis treatment is expected to increase significantly.
Radiation proctitis treatment is grabbing eyeballs, with major healthcare providers and companies augmenting their R&D capacities to introduce highly advanced treatment approaches. Moreover, increasing hospitalization rates due to major types of cancers is inclining the deployment of radiation therapy, leading to the emergence of conditions such as ulcerative colitis.
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Key Takeaways from Market Study
- By indication, acute radiation proctitis treatment remains dominant, with chronic radiation proctitis treatment to expand swiftly
- Anti-inflammatory drug-based oral therapy to remain the most preferred treatment for radiation proctitis
- Incorporation of hyperbaric oxygen therapy to fuel radiation proctitis treatment prospects across the U.S.
- The market in the U.K. experiencing high growth amid increasing cervical cancer treatment procedures
- Broadening cancer research funding to bolster sales of radiation proctitis treatment solutions in the German market
“Ever-increasing burden of pelvic cancer is prompting patients to seek highly effective treatment approaches, leading to a spike in radiation proctitis incidences, compelling them to seek effective treatment,” remarks a Fact.MR analyst.
Competitive Landscape
Key market players are majorly emphasizing on developing new treatment approaches, including potential drug candidates in the oncology segment, as well as concentrating on capacity expansion by virtue of collaborations and acquisitions.
- For instance, in 2019, Sun Pharmaceutical Industries Ltd. entered into a licensing agreement with AstraZeneca UK Ltd. to introduce certain novel ready-to-use (RTU) infusion oncology products in China. As per the agreement, Sun Pharma is responsible for the development, regulatory filings, and manufacturing of the products, while AstraZeneca will exclusively distribute them across China.
- Regarding product offerings, Sechrist Industries Ltd. offers a wide range of hyperbaric oxygen chambers, including the Monoplace Hyperbaric Chamber Gurney Storage, the Model 4100 Hyperbaric Oxygen Chamber, the Model 3600H Hyperbaric Oxygen Chamber, the Model 3300H Hyperbaric Chamber, and the Model 2800 Hyperbaric Classic Pneumatic Chamber.
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Key Companies Profiled :
- Allergan Plc.
- Teva Pharmaceutical Industries Ltd.
- Amneal Pharmaceuticals Inc.
- Pfizer Inc.
- Mylan Inc. (Viatris)
- Sanofi SA
- Johnson & Johnson (Johnson & Johnson Consumer Inc.)
- Sun Pharmaceutical Industries Ltd.
- Environmental Tectonics Corporation
- Sechrist Industries Ltd.
Key Market Segments
- Indication
- Acute Radiation Proctitis
- Chronic Radiation Proctitis
- Therapy
- Oral Therapy
- Antidiarrheal
- Anti-inflammatory Agents
- Others
- Ablative Procedures
- Hyperbaric Oxygen Therapy
- Formalin
- Surgery
- Oral Therapy
- Region
- North America (US and Canada)
- Latin America (Brazil, Mexico and Rest of LATAM)
- Europe (Germany, UK, France, Spain, Italy and Rest of Europe)
- Asia-Pacific (Japan, China, India, Australia & New Zealand and Rest of APAC)
- Middle East & Africa (GCC, South Africa and Rest of MEA)
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Questionnaire answered in the Radiation Proctitis Treatment Market report include:
- How the market for Radiation Proctitis Treatment has grown?
- What is the present and future outlook of the global Radiation Proctitis Treatment on the basis of region?
- What are the challenges and opportunities for the Radiation Proctitis Treatment?
- Why the consumption of Radiation Proctitis Treatment highest in region?
- In which year segment is expected to overtake segment?
What makes Fact.MR report stand out from others?
- MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Radiation Proctitis Treatment market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
- Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Radiation Proctitis Treatment market, thus, making it different and special from other reports.
- Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
- Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Radiation Proctitis Treatment market and assists to create strategies to overcome the obstacles that may hinder the growth of the Radiation Proctitis Treatment market.
- Leverage: The Radiation Proctitis Treatment market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
- Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
- Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Radiation Proctitis Treatment market.
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