Global Glioblastoma Market: Overview

Glioblastoma also known as glioblastoma multiforme (GBM) is one of the most aggressive and most lethal brain disease that is currently taking many lives. The disease is responsible for more than 20% of total deaths that are caused by brain tumor. The life expectancy of the patient suffering from this disease is less than 14 months and the death is as painful as it can be. To reduce the number of deaths, researchers and pharmaceutical companies are developing drugs that can increase the life expectancy of the patients. Moreover, there are several developments that are done in the field of surgeries that can remove the tumor caused by glioblastoma multiforme (GBM). As a result of these developments, the global glioblastoma market is expected to witness a robust growth in the forecast period of 2019 to 2027.

A report by Transparency Market Research provides complete analysis of the global glioblastoma market for the period of 2019 to 2027. The report offers in-depth analysis of market allowing the readers to have better understanding of the dynamics of global glioblastoma market. It covers areas such as developments, challenges, opportunities and trends of the global glioblastoma market from 2019 to 2027.

Get an Idea about the Offerings of Our Glioblastoma Market Report from this Brochure

Global Glioblastoma Market: Notable Developments and Competitive Landscape

The global glioblastoma market is highly competitive along with being largely fragmented. This because, there are several players that dominates the dynamics of the global glioblastoma market from 2019 to 2027.  To overcome this competition, businesses are implementing certain strategies that can help them achieve a sustainable future in the market. The players are resorting to steps such as mergers, partnerships and acquisitions to accommodate essential resources for a better future in global glioblastoma market.

For instance:

  • In 2019, Merck acquired Peloton Therapeutics, Inc., which is a privately owned clinical-stage biotherapeutical company. With this acquisition Merck gained a stronghold in division of small molecule development for treatment of hypoxia-inducible factor-2α (HIF-2α) in parents suffering from brain cancer. The acquisition allowed the company to enhance its portfolio of cancer treatment strengthening its position in the global glioblastoma market.

Also, some of the companies are filing patents to institutes such as FDA and European Commission for drug development. This strategy allow the players to acquire an edge over their rivals.

For example:

  • In 2018, Amgen and Allergan PLC acquired the approval from European Commission to for marketing and promotion authorization of MVASI for glioblastoma treatment.

Expanding Operations in Future? To Get the Perfect Launch Ask for a Custom Glioblastoma Market Report

Global Glioblastoma Market: Key Drivers

Demand for New and Effective Drugs

According to a study by National Centre for Biotechnology Information or NCBI in 2019, the rate of growth in the cases of glioblastoma was escalated to 3.19 per 100,000 in 2017. This is an alarming growth rate since the death rate due to this disease has grown exponentially. This growth calls for therapies and drugs that reduce the number of deaths of the sufferers and increase their life expectancy. The growing demand for such drugs is the major factor driving the growth of global glioblastoma market in the forecast period of 2019 to 2027.

Request for Discount - https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=73915

Improving Healthcare Infrastructure

Governments are hell-bound to find a cure for glioblastoma. For this, they are investing a massive amount in development of therapeutic centers, hospitals and diagnostic centers. Also, governments are investing their resources in development and implementation of new technologies that can boost drug development for glioblastoma. These improvements of healthcare infrastructure also boost the demand for new glioblastoma drugs which another factor responsible for the growth of global glioblastoma market from 2019 to 2027.

Pre-book Glioblastoma Market Report - https://www.transparencymarketresearch.com/checkout.php?rep_id=73915&ltype=S

Global Glioblastoma Market: Regional Analysis

On geographical front, North America dominated the global glioblastoma market in 2018. The region is expected to continue its domination in the coming years of current tenure.  This because of the presence and emergence several pharmaceutical companies devoted to the development of drugs to cure glioblastoma.

More Trending Reports by Transparency Market Research:

D-dimer Testing Market D-dimer tests are used for diagnosing conditions related broadly to deep vein thrombosis (DVT), pulmonary embolism, and disseminated intravascular coagulation (DIC). Among all the applications, the demand for the test for diagnosing DVT is prominent.

Pyrogen Testing Market North America dominated the global pyrogen testing market in 2018and the trend is anticipated to continue during the forecast period. New drug approvals by the Food and Drug Administration (FDA) and increase in demand for pyrogen testing for medical devices are expected to drive the pyrogen testing market in North America.

Conserving Devices Market While nasal cannulae for supplementary supply of oxygen is reliable and effective, it is very wasteful. To address this, oxygen conserving methodologies have emerged to improve the efficiency of oxygen delivery for patients requiring oxygen therapy. This is because oxygen conserving devices enable a high degree of portability, improve the efficiency of oxygen delivery, and lighten the load for these patients.

About Us Section:

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the unified market intelligence engine. Sign Up for a 7 day free trial!

Contact Us

 

Mr. Rohit Bhisey
Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com/