Sex Cord Gonadal Stromal Tumor Market Analysis Devices, By Top Key Players, Global Industry Size, Growth Opportunity, Latest Trends and Advanced Technologies To 2023
Market Highlights
The sex cord-gonadal stromal tumor is a rare type of cancer
derived from the stromal component of the ovary and testis. This tumor
comprises granulosa, thecal cells, and fibrocytes. Sex cord-gonadal stromal tumors
are mostly of seven types, namely, granulosa cell tumor, Sertoli cell tumor,
thecoma, Leydig cell tumor, gynandroblastoma, Sex Cord Tumor with Annular
Tubules (SCTAT), and Sertoli Leydig cell tumor. In humans, this type of tumor
accounts for 8% of the ovarian cancers and around 5% of testicular cancers.
It is noted that the increasing cases of ovarian and testicular
cancer, technological advancements, and increasing healthcare expenditure are
the key factors driving the sex cord gonadal stromal tumor market.
Various other factors such as the growing awareness about
the cord-gonadal stromal tumor, unmet medical needs, enhancing regulatory
framework, increasing government assistance, and rising funding and
reimbursement are continuously contributing to the growth of the global sex
cord-gonadal stromal tumor market.
Owing to the increasing cases of ovarian and testicular cancer,
technological advancements, increasing healthcare expenditure, growing
awareness about sex cord-gonadal stromal tumor, unmet medical needs, enhancing
regulatory framework, increasing government assistance, and rising funding and
reimbursement, the sex cord-gonadal stromal tumor market has evolved
significantly.
However, huge capital investments with low-profit margins, strict
FDA regulations, and poor healthcare system in low and middle-income countries
are likely to hamper the growth of the sex cord-gonadal stromal tumor market over
the forecast period.
It is estimated that the sex cord-gonadal stromal tumor market is
expected to grow at a CAGR of 6.5% during the forecast period of 2017-2023.
Key Players
Some of the key players in the global sex cord-gonadal stromal
tumor market are Abbott, Abcam plc, Affymetrix, Inc., Agilent Technologies,
Inc., Beckman, Dickinson and Company (BD), Bio SB Inc., BioCurex, BioModa,
Inc., Bio-Rad Laboratories, Inc., Boston Scientific Corporation, Cell Signaling
Technology, Inc., Clarient, Inc., CooperSurgical Inc., Correlogic Systems,
Inc., Danaher Corporation, Epigenomics AG, F. Hoffmann-La Roche AG, Gen-Probe,
Inc., Hologic, Inc., Johnson & Johnson Services, Inc., Karl Storz GmbH
& Co. Kg, LiNA Medical USA, Merck Millipore, PerkinElmer, Inc., Qiagen,
Radient Pharmaceuticals, Thermo Fisher Scientific Inc., Veridex LLC, and
others.
Regional Analysis
The Americas dominates the sex cord-gonadal stromal tumor market
owing to the increasing prevalence of ovarian cancer in this region and high
healthcare expenditure. According to the American Cancer Society, around 22,240
women are likely to be diagnosed with ovarian cancer, and 14,070 women are
likely to die from ovarian cancer, in 2018.
Europe holds the second position in the sex cord-gonadal stromal
tumor market. The financial support provided by the government towards R&D
and technological advancements are expected to drive the European sex
cord-gonadal stromal tumor market. The increasing healthcare expenditure is
also boosting the European sex cord-gonadal stromal tumor market.
According to the data suggested by Eurostat, it is observed that
among the EU Member States, the highest value of healthcare expenditure was
recorded in Germany in 2014, i.e., EUR 321 billion which is further followed by
France with EUR 237 billion and United Kingdom with EUR 223 billion. In 2016,
the R&D expenditure in the pharmaceutical industry was EUR 35000 million,
suggested by the European Federation of Pharmaceutical Industries and
Association.
Asia Pacific is the fastest growing sex cord-gonadal stromal tumor
market owing to a huge patient pool and development in the pharmaceutical
sector. Healthcare expenditure is found to be boosting in various regions of
Asia Pacific. As per the data suggested by the Australian Institute of Health
and Welfare during the year 2015-2016, the total health expenditure was nearly
USD 170.4 billion, i.e., 3.6% higher than the expenditure of 2014-2015.
The Middle East and Africa holds the lowest share of the global
market due to slow development, lack of technical knowledge, and poor medical
facilities.
Segmentation
The global sex cord-gonadal stromal tumor market is segmented on
the basis of type, diagnosis, treatment, and end-user.
On the basis of tumor type, the sex cord-gonadal stromal tumor
market is classified as granulosa cell tumor, Sertoli cell tumor, thecoma,
Leydig cell tumor, Sertoli Leydig cell tumor, gynandroblastoma, and Sex Cord
Tumor with Annular Tubules (SCTAT). The granulosa cell tumor is further
classified as functioning tumors and non-functioning tumors.
On the basis of diagnosis, the sex cord-gonadal stromal tumor
market is classified as microscopy immunohistochemistry, tumor marker,
ultrasound, Magnetic Resonance Imaging (MRI), and others. The tumor marker
segment is further classified as inhibin-alpha, calretinin, Melan-A, and
others.
On the basis of treatment, the sex cord-gonadal stromal tumor
market is classified as chemotherapy, radiotherapy, surgery, and others. The
surgery segment is further classified as salpingo-oophorectomy, abdominal
hysterectomy, Retroperitoneal Lymph Node Dissection (RPLND), and radical
inguinal orchiectomy. The sub-segment of salpingo-oophorectomy includes
unilateral salpingo-oophorectomy and bilateral salpingo-oophorectomy.
On the basis of end-user, the sex cord-gonadal stromal tumor
market is segmented into hospitals and clinics, cancer research centers,
research and academic institutes, and others.
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Intended Audience
Medical Device Companies
Research and Development (R&D) Companies
Diagnostic Laboratories
Government Research Institutes
Academic Institutes and Universities
Research and Development (R&D) Companies
Diagnostic Laboratories
Government Research Institutes
Academic Institutes and Universities
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