Market Trends of South America Kidney Cancer Therapeutics & Diagnostics Industry
This section covers the major market trends shaping the South America Kidney Cancer Therapeutics & Diagnostics Market according to our research experts:
Application in Renal Cell Carcinoma is expected to Dominate the Market
Renal cell carcinoma is the most common type of adult kidney cancer, making up about 85% of diagnoses. This type of cancer develops in the proximal renal tubules that make up the kidney’s filtration system. There are thousands of these tiny filtration units in each kidney.
In South America, the prevalence of kidney cancer is expected to rise as per the estimates by the International Agency for Research on Cancer 2018 data. As renal cell carcinoma is most common type of cancer, the demand for its therapeutics and diagnostics is expected to rise as well. In addition, there are also other factors that are driving the market that includes growing awareness among people about cancer, the increased diagnostic rates, rising geriatric population, and rising incidence of renal cancer.
