LONDON, June 15, 2023 (GLOBE NEWSWIRE) -- As per The Business Research Company’s Gardner Syndrome Treatment Market Report 2023, the market will grow from $17.6 billion in 2022 to $18.4 billion in 2023, at a compound annual growth rate (CAGR) of more than 4%. Further, the market will reach $21.6 billion in 2027, with a CAGR of more than 4%. North America was the largest region in the Gardner syndrome treatment market in 2022.
The growth of the Gardner syndrome treatment industry can be attributed to the increasing incidence of colon cancer. Colon cancer originates in the large intestine, which constitutes the final section of the digestive tract. Gardner syndrome treatment plays a vital role in preventing and treating colon cancer by removing polyps during colonoscopies and employing chemotherapy.
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Major Gardner syndrome treatment companies are Biochem Pharmaceuticals Industries Limited, Zydus Lifesciences Limited, Vernalis (R&D) Limited, Sun Pharmaceutical Industries Ltd., Sanofi S.A., Pfizer Inc., Galderma Laboratories L.P., Novartis AG, and Iris Pharma.
One key trend in the Gardner syndrome treatment market is the focus on product innovation. Major companies in the market are actively engaged in developing innovative solutions to enhance their market position.
For example, Genentech Inc., a US-based biotechnology corporation, introduced a groundbreaking medication called "Lunsumio" (mosunetuzumab-axgb) in December 2022. Approved by the U.S. Food and Drug Administration (FDA), this medicine effectively treats follicular lymphoma and other rare diseases. Unique features of Lunsumio include its intensive monitoring capabilities, its ability to provide additional defense against infections by utilizing T cells, and its capacity to destroy cancer cells within the body.
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The global gardner syndrome treatment market is segmented as -
1) By Cancer Type: Dilated Cardiomyopathy, Skeletal Myopathy, Neutropenia, Other Cancer Types
2) By Therapeutics Type: NonSteroidal Anti-Inflammatory Drugs (NSAIDs), COX-2 Inhibitor
3) By Application: Hospitals, Specialty Clinics, Other Applications
The gardner syndrome treatment market report provides a comprehensive analysis of the market, offering insights into its growth prospects, market dynamics, and key developments. It serves as a vital tool for understanding the landscape, facilitating strategic decision-making, and driving advancements in the field of Gardner syndrome treatment. By highlighting the market's growth potential, underlying trends, and significant players, this report aids in identifying emerging opportunities and potential challenges within the market.
Gardner Syndrome Treatment Global Market Report 2023 by The Business Research Company provides insights on the gardner syndrome treatment market size, gardner syndrome treatment market segments, gardner syndrome treatment market trends, drivers and restraints, major competitors’ market positioning, revenues and market shares.
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