Breast Cancer 1 (BRCA1) and Breast Cancer 2 (BRCA2) Genes Market Research report 2030 is a well-generated market report which helps achieve comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market. This report deals with plentiful aspects of the Healthcare industry. The CAGR values covered here estimates the fluctuation about the rise or fall of demand for the specific forecasted period with respect to investment. A comprehensive market study and analysis of trends in consumer and supply chain dynamics underlined in this report assists businesses in drawing the strategies about sales, marketing, advertising, and promotion.
Data Bridge Market Research analyses that the breast cancer 1 (BRCA1) and breast cancer 2 (BRCA2) genes market, which is USD 5.62 billion in 2022, is expected to reach USD 11.28 billion by 2030, at a CAGR of 9.10% during the forecast period 2023 to 2030.
Breast Cancer 1 (BRCA1) and Breast Cancer 2 (BRCA2) Genes Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 - 2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Indication (Breast Cancer, Ovarian Cancer, Others), Treatment (Platinum-based Chemotherapy, PARP Inhibitors, Surgery, Others), Route of Administration (Oral, Parenteral), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | F. Hoffmann-La Roche Ltd. (Switzerland), Mylan N.V. (U.S.), Teva Pharmaceutical Industries Ltd.(Israel), Sanofi (France), Pfizer Inc. (U.S.), GSK plc (U.K.), Novartis AG (Switzerland), AstraZeneca (U.K.), Johnson & Johnson Private Limited (U.S.), Merck & Co., Inc. (U.S.), Sun Pharmaceutical Industries Ltd. (India), Takeda Pharmaceutical Company Limited (Japan), Akorn, Incorporated (U.S.) Cipla Inc. (U.S.), Pacira BioSciences, Inc. (U.S.), Spectrum Pharmaceuticals, Inc (U.S.), Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (China), Fresenius Kabi AG (Germany) |
Market Opportunities | · Rising cases of breast cancer will act as a opportunity · Early diagnosis of mutation carriers will act as a opportunity |
Market Definition
Breast cancer genes 1 and 2 (BRCA1 and BRCA2) are responsible for encoding instructions that inhibit tumor cells or stop them from increasing uncontrollably. Additionally, the repair of DNA damage is a function of these genes. BRCA1 and BRCA2 gene mutations can result in breast and hereditary ovarian malignancies. There may also be an increase in malignancies, including prostate and pancreatic.
Breast Cancer 1 (BRCA1) and Breast Cancer 2 (BRCA2) Genes Market Dynamics
Drivers
- Increasing investment in healthcare infrastructure will boost the market growth
The increasing costs of healthcare, which assist in improving its infrastructure, are a significant factor impacting the market for the BRCA1 and BRCA2 genes and their growth rate. The market for the BRCA1 and BRCA2 genes will expand as a result of greater efforts by both public and commercial entities to raise awareness and develop technology. The market for the BRCA1 and BRCA2 genes will expand as a result of high disposable income and a dynamic way of life.
Opportunities
- Rising cases of breast cancer will act as a opportunity
Breast cancer develops in different societies due to various hereditary, environmental, and acquired variables. Genetics, such as predisposing genes to develop this disease, should be considered more in families with a history of breast cancer spanning multiple generations. Early diagnosis of mutation carriers in these genes can be crucial to its prevention. Female screening for predisposing gene variants, which have been observed in breast cancer patients, seems vital due to the disease's significant frequency in half of the world's population. These are the certain factors that propel the market growth.
Regional incites: -
- North America dominated the breast cancer 1 (BRCA1) and breast cancer 2 (BRCA2) genes market due to the region's significant important companies and established healthcare infrastructure. The prevalence of breast and ovarian cancer is rising, and the number of FDA-approved medications is rising, both of which will accelerate this market's growth rate.
- Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 due to the increasing desire of numerous multinational corporations to increase their presence in this area. The expansion of the healthcare infrastructure will also speed up the market's expansion in this area.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Breast Cancer 1 (BRCA1) and Breast Cancer 2 (BRCA2) Genes Market Landscape
Part 04: Breast Cancer 1 (BRCA1) and Breast Cancer 2 (BRCA2) Genes Market Sizing
Part 05: Breast Cancer 1 (BRCA1) and Breast Cancer 2 (BRCA2) Genes Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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