Factors Driving Growth Will Include Improved Access To Medical Care For Patients and a Growing Drug-Treated Population, According to a New Report from Decision Resources
WALTHAM, Mass., May 3 /PRNewswire/ -- Decision Resources, one of the world's leading research and advisory firms focusing on pharmaceutical and healthcare issues, finds that the Chinese esophageal cancer drug market will almost double, growing from $75 million in 2009 to $149 million in 2014. Growth will be driven by improved access to medical care, a growing drug-treated population and a rising number of higher-income esophageal cancer patients driving the demand for more-efficacious agents.
The new Emerging Markets report entitled Esophageal Cancer in China finds that the use of targeted therapies in esophageal cancer in China will increase as more results from clinical studies become available through 2014. Chinese oncologists report that the key targeted therapies they use to treat esophageal cancer are Shandong Simcere Medgenn's Endostar, AstraZeneca's Iressa and Roche's Tarceva.
"Additionally, through 2014, we expect that two other targeted therapies -- Merck KGaA's Erbitux and Roche's Avastin -- will be used to treat esophageal cancer in China," said Jing Wu, M.S., MBA. "However, uptake of both of these agents will be modest, and Erbitux will face generic competition beginning in 2014."
Newly diagnosed cases of esophageal cancer in China are expected to increase by almost 1 percent per year through 2014. The report also finds that 67 percent of esophageal cancer cases are diagnosed in advanced stages of the disease (stage III or IV). The report contains primary research of physicians and epidemiology in key pharmaceutical markets of China -- Beijing, Shanghai, Guangzhou -- and also provides the epidemiology study in the high-growth second-tier markets of Tianjin, Wuhan, Nanjing, Hangzhou and Jinan.
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Decision Resources is the FIRST and ONLY company to offer a syndicated report series for high-growth emerging markets with comprehensive disease-specific analysis. Each report assesses the commercial opportunity in the pharmaceutical market for a disease based on population demographics, economic development, disease epidemiology and changing physicians' practices.
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