The retinoblastoma treatment market is changing dramatically as pharmaceutical and medical device companies seek to gain a larger untapped market in developing and underdeveloped economies. Companies are constantly investing in the development of newer treatment options for retinoblastoma.
Cancer is the leading cause of death worldwide, with the World Health Organization estimating 8.2 million cancer-related deaths in 2012. (WHO). Retinoblastoma is a type of cancer that begins in the retina, the very back of the eye. It is the most common type of childhood eye cancer.
The eyes have cells called retinoblasts that divide into new cells and fill the retina during the early stages of development. These cells eventually stop dividing and mature into mature retinal cells. Occasionally, something goes wrong with this procedure.
Instead of maturing into special cells that detect light, some retinoblasts continue to divide and grow uncontrollably, resulting in retinoblastoma, a type of cancer. Retinoblastoma is caused by a mutation in the retinoblastoma (RB1) gene.
Retinoblastomas are classified into two types based on changes in the RB1 gene: congenital (hereditary) retinoblastoma and sporadic (non-hereditary) retinoblastoma. Retinoblastoma is a rare cancer. With current treatments, 9 out of 10 children with retinoblastoma are cured.
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The market for retinoblastoma treatment is hampered by a small patient pool for treatment and stringent regulatory requirements for approvals.
North America will continue to be a key market for the global retinoblastoma treatment market due to rising R&D activities by key players, better reimbursement policies, and the availability of advanced healthcare infrastructure, all of which contribute to the region’s larger market share in the global retinoblastoma treatment market.
Because of the region’s large untapped market and growing government interventions to improve healthcare infrastructure, Asia Pacific is expected to present a growth opportunity.
Retinoblastoma Treatment Market: Key PlayersBaxter, Bristol-Myers Squibb Company, GlaxoSmithKline plc., Spectrum Pharmaceuticals, Inc., and CryoConcepts LP are some of the key players in the global retinoblastoma treatment market.
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Retinoblastoma Treatment Market: SegmentationThe retinoblastoma treatment market has been segmented on the basis of disease type, stage, treatment type, distribution channel and Region.
Based on the disease type, the global retinoblastoma treatment market is segmented into the following:
- Congenital (Hereditary) Retinoblastoma
- Sporadic (Non-Hereditary) Retinoblastoma
Based on the stage, the global retinoblastoma treatment market is segmented into the following:
- Intraocular Retinoblastoma
- Group A
- Group B
- Group C
- Group D
- Group E
- Extraocular Retinoblastoma
- Orbital Retinoblastomas
- Metastatic Retinoblastomas
Based on the treatment type, the global retinoblastoma treatment market is segmented into the following:
- Surgery
- Radiation Therapy
- Photocoagulation
- Cryotherapy
- Thermotherapy
- Chemotherapy
- Stem Cell Transplant
Based on the distribution channel, the global retinoblastoma treatment market is segmented into the following:
- Hospitals
- Cancer Institutes
- Pharmacies
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