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Sunitinib Malate market Expected to Rise at A High CAGR, Driving Robust Sales and Revenue till 2026

Stratview Research has recently added a new report titled to its collection. The report studies vital factors about the market that are essential for existing players as well as new market entrants. The report throws light on the critical elements such as market share, profitability, supply chain, production, sales, upcoming technologies, key market players, regional segmentation, and many more aspects related to the Sunitinib Malate market.
The years considered in this report to estimate the market size of the market are:
• History Year: 2016-2019
• Forecast Year: 2022 to 2026
The key players covered in this report are –
· Pfizer Inc. (US)
· Top Care Pharmacy (US)
· J&K Scientific (China)
· Targetmol (US)
· Active Biotech AB (Sweden)
· Astellas Pharma Inc. (Japan)
· AstraZeneca plc (UK)
· Bristol Myers Squibb (US)
· Dendreon (US)
· Endo International plc (Ireland)
· Ferring Pharmaceuticals Inc. (US).
Market Highlights
The growth of the sunitinib malate market is driven by the increasing prevalence of the gastrointestinal disorder. Expanding geriatric populace coupled with rising cases of pancreatic cancer is expected to drive the market growth at a significant rate. In addition to this, increasing investment in R&D activities for new drug development is likely to create lucrative opportunities for the players operating in the global market during the review period.
Segment-wise analysis
Based on application, the market has been segmented into pancreatic neuroendocrine tumors, kidney cancer, and gastrointestinal stromal tumor. Among these, the pancreatic neuroendocrine tumors segment accounted for the largest market share in 2020 and is expected to propel market growth at a significant rate during the review period. The segment growth can be attributed to the increasing number of people suffering from pancreatic cancer disease.
The market in the North American region accounted for the largest market share in 2020 and is expected to grow at a healthy CAGR during the review period. The regional market growth can be attributed to the prevalence of a large number of people suffering from chronic kidney diseases and the presence of key market players such as Pfizer Inc. (US) and Top Care Pharmacy (US). The market in Asia-Pacific is expected to register significant growth on account of increasing incidences of gastrointestinal disorders, particularly in developing countries.
To get more details about this report, click here-
The main steps in the investigation process are:
- Stratview Research has gathered the raw data from industry experts and direct research analysts using primary and secondary sources.
- The experts also classify the information obtained by qualitative and quantitative data to place it in a proper way to make final conclusions.
- This report also provides market intelligence and throws light on critical insights into the market dynamics.
The information gathered in the report enables strategic decision making for the existing players as well as those willing to enter the market. The report contains growth drivers and constraints, market trend and forecast analysis, market segment trend, competitive landscape and dynamics, attractive market segments and associated growth opportunities, etc.
About Stratview Research
Stratview Research is a global market research firm with capabilities of providing complex market reports and other consulting services. Along with market reports, the firm also provides custom research services across the sectors covering industries like Energy Chemicals, Advanced Materials, Automotive, and Aerospace, and more.
In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
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