Transparency Market Research in its new report titled, “Liposomal Doxorubicin Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on Liposomal Doxorubicin Market. In the last few years, the global market for liposomal doxorubicin has been gaining traction, owing to the increasing cases of cancer across the globe. The rising awareness among consumer regarding the formulation of liposomal doxorubicin is predicted to encourage the growth of the overall market in the coming years.
A tremendous rise in the number of cancer cases across the globe is one of the major factors encouraging the growth of the global liposomal doxorubicin market. The hectic lifestyle and unhealthy eating habits resulting in several health issues are considered as key factors that are predicted to drive the market throughout the forecast period.
Innovations and research and development activities are projected to offer potential growth opportunities for the market players in the next few years. In addition, the development of the healthcare infrastructure is predicted to enhance the market growth in the near future.
Among the key regional segments, North America is estimated to account for a large share of the global liposomal doxorubicin market throughout the forecast period. In the last few years, this region accounted for nearly half of the global market and is estimated to remain in the leading position in the next few years.
The high growth of this region can be attributed to the rising prevalence of ovarian and sarcomas, liver, and breast cancers. In addition to this, the presence of a large number of players and advanced healthcare infrastructure are some of the other factors that are predicted to accelerate the growth of the North America market in the next few years.
Furthermore, the high awareness among people regarding the availability of several treatment options is predicted to enhance the growth of the overall market in the next few years. The Asia Pacific market, on the other hand, is likely to witness a healthy growth in the next few years, thanks to the rising pool of patients and the willingness of consumers to spend on healthcare facilities.
Some of the key players operating in the liposomal doxorubicin market across the globe are Merck & Co., Johnson & Johnson, Sun Pharmaceutical Industries Ltd., Cipla, Inc., Cadila Pharmaceuticals, and SRS Pharmaceuticals Pvt. Ltd.
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