North American Market Forecasts
The germ cell tumor market in the North America is predicted to hold the largest revenue of 35% during the projected timeframe. The expansion in R&D in this area has fueled growth in this region. The utilization of combination therapies, such as cisplatin and other genetically engineered drugs, which are routinely used to treat ovarian cancer, is being studied in prestigious cancer institutes in the U.S. Growing interest in stem cell transplantation and stem research has broadened researchers' ideas on novel treatment options for testicular cancer and germ cell cancers in general. The germ cell tumor industry in the region is expanding as a result of additional reasons such as increased cancer awareness, expanded healthcare infrastructure, and government backing.
Asia Pacific Market Statistics
The germ cell tumor market in Asia Pacific region is estimated to grow significantly during the projection period. The development of novel approvals is expected to lead to an increase in the market. The increased diagnosis and treatment of diseases, as well as the government's attempt in emerging countries to improve public health, is one of the most important factors that contribute to market growth for germ cell tumors. In 2017, a National Health Policy has been announced. It proposed that, by 2025 at the latest, government expenditure on public health care should be gradually increased to 2.5% of GDP, with a high proportion of resources going towards basic and secondary healthcare.
Author Credits: Radhika Pawar
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