Merkel Cell Carcinoma Treatment Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Merkel Cell Carcinoma Treatment Market by drugs (Chemotherapy (Antimetabolites, Alkylating agents, Antibiotics, Taxanes, Topoisomerase inhibitors) Immunotherapy, Combination Therapies, Others), by distribution channel (Hospitals, Oncology research institutes, Ambulatory surgical centres, Retail Pharmacies, Online Pharmacies) and Geography

 

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Report

Description

Merkel Cell Carcinoma Treatment Market size was valued at USD 3.38 billion in 2021, growing at a CAGR of 3.9% from 2022-28. Merkel cell carcinoma is an uncommon type of skin cancer and is also known as neuroendocrine skin carcinoma or trabecular carcinoma. It occurs due to the abnormal growth of Merkel cells. This cancer has grown and spreads rapidly beyond the skin. Merkel cells are the type of skin neuroendocrine cells as they share some features with hormone making and nerve cells. Merkel cells are found at the base of the epidermis, the top layer of the skin and are very close to nerve endings which helps us to sense touch and light. The report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policymakers.

Key Developments:

In 2017 September, Merck KGaA and Pfizer Inc. received market authorization from European Commission for its BAVENCIO (avelumab) for the treatment of metastatic Merkel cell carcinoma.

In March 2017, Merck KGaA and Pfizer Inc. received U.S.FDA approval for its BAVENCIO (avelumab) for the treatment of metastatic Merkel cell carcinoma.

Merkel Cell Carcinoma Treatment Market

MARKET SUMMARY
-
x
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– x%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Merkel Cell Carcinoma Treatment Market Analysis

  • Merkel cell carcinoma treatment market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA).
  • This report gives historical, current, and future market sizes (US$ Mn) of drug class, infection type distribution channel and distribution channel and geographic regions.
Market Leaders
  • Pfizer (U.S)
  • Amgen Inc.(U.S)
  • Merck & Co. Inc.(U.S)
  • BeiGene Ltd.(China)
  • OncoSec Medical Inc.(U.S)
  • Millennium Pharmaceuticals Inc.(U.S)
  • Oncovir Inc. (U.S)
  • Novartis AG (Switzerland)
  • NantKwest Inc. (U.S)
Merkel Cell Carcinoma Treatment Market

Drivers and Restraints

Increasing cases of Merkel cell carcinoma and rising demand for immunotherapy treatment are major factors, expected to drive the growth of the market. Furthermore, growing investments in R&D, developing healthcare infrastructure, are the factors which are propelling the growth of Merkel cell carcinoma treatment market. However, lack of nursing care, adverse effects associated with chemo and immunotherapy drugs, high cost associated with the medicines, restricted adequacy of the medication and stringent regulatory framework are expected to hamper the growth of MCC treatment market.


Merkel Cell Carcinoma Treatment Market

North America dominates the market

North America and Europe are expected to dominate the markets in global MCC treatment market by holding largest revenue share owing to the increased prevalence of MCC, increasing treatment options, growing pool of population and increased advancements in technologies, increase in initiation of medical campaigns, government and non-government initiations. Asia Pacific region and Latin America region is anticipated to have a lucrative growth rate during the forecast period due to increasing population pool, developing economic conditions coupled with rising prevalence of MCC.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Merkel Cell Carcinoma Treatment Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • Pfizer (U.S)
  • Amgen Inc.(U.S)
  • Merck & Co. Inc.(U.S)
  • BeiGene Ltd.(China)
  • OncoSec Medical Inc.(U.S)
  • Millennium Pharmaceuticals Inc.(U.S)
  • Oncovir Inc. (U.S)
  • Novartis AG (Switzerland)
  • NantKwest Inc. (U.S)

Description

Merkel Cell Carcinoma Treatment Market size was valued at USD 3.38 billion in 2021, growing at a CAGR of 3.9% from 2022-28. Merkel cell carcinoma is an uncommon type of skin cancer and is also known as neuroendocrine skin carcinoma or trabecular carcinoma. It occurs due to the abnormal growth of Merkel cells. This cancer has grown and spreads rapidly beyond the skin. Merkel cells are the type of skin neuroendocrine cells as they share some features with hormone making and nerve cells. Merkel cells are found at the base of the epidermis, the top layer of the skin and are very close to nerve endings which helps us to sense touch and light. The report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policymakers.

Key Developments:

In 2017 September, Merck KGaA and Pfizer Inc. received market authorization from European Commission for its BAVENCIO (avelumab) for the treatment of metastatic Merkel cell carcinoma.

In March 2017, Merck KGaA and Pfizer Inc. received U.S.FDA approval for its BAVENCIO (avelumab) for the treatment of metastatic Merkel cell carcinoma.

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