Market Trends of Europe Kidney Cancer Therapeutics & Diagnostics Industry
This section covers the major market trends shaping the Europe Kidney Cancer Therapeutics & Diagnostics Market according to our research experts:
Clear cell RCC Segment is Expected to Hold Major Market Share in the Europe Kidney Cancer Therapeutics & Diagnostics Market
Clear cell renal cell carcinoma, or ccRCC, is a type of kidney cancer. Clear cell renal cell carcinoma is also called conventional renal cell carcinoma. Clear cell renal cell carcinoma is named after how the tumor looks under the microscope. The cells in the tumor look clear, like bubbles.
According to Kidney Cancer Care Ltd., Kidney cancer is the seventh most common cancer in the UK, which is responsible for around 12,600 new cases every year in the UK which equates to 34 cases every day and up to 30% of all people are diagnosed when in the advanced stage of the disease. Over the last decade kidney cancer incidence has risen by nearly half (47%) and is projected to rise by 26% in the UK between 2014 and 2035.
Furthermore, in 2017, EUSA Pharma and AVEO Oncology announced the first commercial launch of FOTIVDA (tivozanib) with the initiation of product sales in Germany. In the European Union, Norway and Iceland, tivozanib is indicated for the first line treatment of adult patients with advanced renal cell carcinoma (aRCC).
Hence, with high prevalence of the disease and presence of diagnostic procedures and treatment therapies, the segment is expected to witness growth.
