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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Cancer Cachexia Market
Request Now !Cancer cachexia is a wasting syndrome characterized by weight loss, anorexia, asthenia and anemia. The pathogenicity of this syndrome is a result multiple factors, due to a complex interaction of tumor and host factors.  It is generally related with chronic inflammatory conditions and cancer. Cachexia is a serious condition as it consumes other sources of energy, like skeletal muscle and adipose tissue when the body senses a lack of nutrition. It adversely affects the patients’ ability to fight against infection and withstand ongoing treatments such as chemotherapy and radiotherapy. As a result of these negative effects, the body begins to waste away leading to death. Clinical trials in progress in oncology field have highlighted the multifactorial pathogenicity of cachexia. Understanding the mechanism of cancer cachexia has become crucial for the understanding of prognostic factors for cancer. Cachexia is often a permanent side effect of diseases like HIV and Cancer. Biologics and pharmaceutical organizations are adopting practices that ensure the availability of the product in the market at a rapid pace. This strategic approach is helping them bolster their position in the global cancer cachexia market.Â
COVID – 19 scenario analysis:
Factors like increasing prevalence of cancer and cancer cachexia in patients, the demand for therapeutic treatment and drugs have increased all over. This rising demand for therapeutics in the market has accelerated the R&D activities in order to develop novel therapeutic drugs. This has led to creation of a strong product pipeline consisting various therapy products. These factors have been major reason for the growth of the market. In addition, increased awareness has regarding this syndrome and advancements related to treatment of cancer cachexia has also helped the market growth. Randomized trials have highlighted the growing potential of new chemotherapy agents. The use of combination chemotherapy in the adjuvant setting to improve survival rates has been positive. The cancer cachexia market will gather significant pace due to growing awareness about improving the quality of life for cancer patients. Researchers are experimenting in the search of specific drugs to cure this syndrome using pharmacological treatments with diverse chemical compounds. The non-steroidal anti-inflammatory drugs (NSAIDs) have shown promising results in this scenario.
On the contrary, lack of studies and research that could explain high efficacy of a specific treatment, making the progress in the cancer cachexia market has been considerably at slower pace. The manufacturers of cancer cachexia drugs are hesitant while investing in the market because of the stringent regulatory guideline which may restrict the long-term growth of this market.
According to National Center for Biotechnology Information (NCBI), it is estimated that half of all patients suffering with cancer will develop cancer cachexia, leading to progressive loss of adipose tissue and skeletal muscle mass. Cachexia syndrome has dramatic impacts on patient quality of life along with poor responses to treatments like chemotherapy and decreased survival chances. But still, cachexia is underestimated and untreated condition, despite numerous mechanisms reported to be engaged in its development. Therapies for treatment of cachexia include or exigenic appetite stimulants, focus on palliation of symptoms and reduction of the distress of patients. The past therapies haven’t been much effective as they were targeting a single aspect of this syndrome while multi-faceted approach was needed. Recent developments in therapies for cancer cachexia feature multiple integrated approaches. For instance, combination therapy supplemented with diet modification and exercise routine has been an addition conventional to novel pharmaceutical agents, such as Megestrol, medroxyprogesterone, ghrelin, omega-3-fatty acid among others. The use of these agents along with diet and exercise regime reported to have improved survival rates as well as quality of life for the patient. These advancements would prove to be a boon for patients struggling with cancer cachexia syndrome and boost the growth of the cancer cachexia market in the years to come.
The U.S. alone accounted for an estimated 1.8 million cancer patients and over 606,000 deaths in 2019 and this number is expected to grow with time. Â American region is expected to grow due to factors like rising incidence of cancer patients and hence cancer cachexia as well with the presence of large number of drug manufacturers and key players in the market along with advancing paradigm of care for cancer patients that is supporting the growth in this region. As a result, this segment holds the largest market share. Furthermore, factors such as a rising number of geriatric population along with an increasing healthcare spending in the region and the availability of advanced healthcare infrastructure would to stimulate the market growth in this region.Â
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Questions answered in the Cancer Cachexia Market research report:
Cancer Cachexia Market Report Highlights
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Key Market Players | Eterna Zentaris, Alder BioPharmaceuticals Inc., Eli Lilly and Company, GTx Inc., Merck & Co. Inc., Novartis AG, Bristol-Myers Squibb Company, XBiotech, Inc., Pernix Therapeutics, Pfizer Inc, Purdue Pharma L.P., Sanofi, SkyePharma, Takeda Pharmaceutical Company. |
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