Market Trends of North America Uterine Cancer Diagnostics & Treatment Industry
Immunotherapy Segment is Expected to Register Considerable Growth Over the Forecast Period
Immunotherapy is a treatment in which drugs help an individual’s immune system recognize and kill the cancer cells. Immunotherapy is done for treating certain forms of endometrial cancer that have spread or recurred. Immunotherapy is a treatment that uses a person's immune system to fight cancer. Immunotherapy can boost or change how the immune system works to find and attack cancer cells. Immunotherapy stimulates the endogenous immune response, specifically against tumor cells, and is the new frontier of anticancer treatment. Several compounds targeting different biological pathways are available. Some of these agents are already approved for treating non-gynecological malignancies like lung cancer and melanoma. They could also play a major role in the treatment of endometrial cancer.
Increasing product approval and rising product launches are the major drivers for segment growth. For instance, in March 2022, Karyopharm Therapeutics Inc., a commercial-stage pharmaceutical company pioneering novel cancer therapies, provided an update on its discussions with the U.S. Food and Drug Administration (FDA) regarding its previously planned supplemental New Drug Application (sNDA) submission based on the data from the Phase 3 SIENDO study evaluating selinexor as a front-line maintenance therapy following chemotherapy in patients with advanced or recurrent endometrial cancer. Similarly, in March 2022, the Food and Drug Administration approved pembrolizumab (Keytruda, Merck) as a single agent for patients with advanced endometrial carcinoma that is microsatellite instability-high (MSI-H) or mismatch repair deficient (dMMR), as determined by an FDA-approved test, who have disease progression following prior systemic therapy in any setting and who are not candidates for curative surgery or radiation. Thus, owing to such instances, the segment is anticipated to have considerable segment growth over the forecast period.
United States is Expected to Witness Considerable Growth Over the Forecast Period
Key product launches, high concentration of market players or manufacturer's presence, acquisition & partnerships among major players, and increasing healthcare expenditure in the United States are some factors driving the growth of the United States uterine cancer diagnostics and treatment market. For instance, as per the United States Research and Development Funding and Performance: Fact Sheet, 2022, the R&D expenditures in the United States in 2021 were estimated at USD 580 billion, of which USD 96.5 billion was invested in basic research, USD 115.0 billion on applied research, and USD 368.5 billion was employed in the development sector. Such high investment is expected to accelerate the research, development, and approval of uterine cancer drugs in the country, propelling market growth.
The increasing product approvals and launches in the country are also anticipated to increase market growth. For instance, in August 2022, Myovant Sciences and Pfizer received FDA approval in the United States for MYFEMBREE, a once-daily treatment for managing moderate to severe pain associated with endometriosis. MYFEMBREE is also approved for heavy menstrual bleeding associated with uterine fibroids in premenopausal women. Myovant and Pfizer will continue co-commercializing MYFEMBREE in the United States, and the product will be available immediately. Thus, owing to such factors, the country's market is expected to grow considerably.
