Kaposi Sarcoma Market size is valued at $122.4m by 2019, and is anticipated to grow at a CAGR of 4.12% during the forecast period 2020-2025. The Kaposi Sarcoma Market growth rate is attributed to the rising incidence of cancer. Kaposi sarcoma (KS) is a cancer that develops from the cells that line lymph or blood vessels, abnormal cells of KS form purple, red, or brown blotches or tumors on the skin called as lesions. As, Kaposi sarcoma is easily caught by a body with weaker immune system, the chances of Kaposi sarcoma occurrence increase, which in turn fuel the market’s growth. From improvement’s made on reduction in drug resistance, lowering failure rate, few side effects, and the decreasing case-fatality ratios to the growing emphasis on combination therapy is anticipated to propel the Kaposi Sarcoma Market during the forecast period 2020-2025.
- North America dominated the Kaposi Sarcoma Market with a share of 38% in the year 2019.
- The factors such as rising research and development activities in this field and the technological advancements, increasing mergers and acquisitions and strategic collaboration are amongst the major factor projected to impel growth of Kaposi Sarcoma Market.
- Increase in demand for food & beverage products with an extended shelf life, marginal nutritional changes in products such as milk, and reduction in logistics and storage cost are the key factors owing to the growth in the segment during forecast period 2020-2025.
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Drivers – Kaposi Sarcoma Market
- Rising demand of patients undergoing organ transplant procedures
Kaposi Sarcoma Industry Outlook
Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Kaposi Sarcoma Market. In 2019, Kaposi Sarcoma Market share is fragmented by the top ten players present in the market. Kaposi Sarcoma Market top 10 companies are Eli Lilly and Company, Pfizer, Bristol-Myers Squibb, Johnson & Johnson, GlaxoSmithKline, Merck, Quest Diagnostics, Navidea Biopharmaceuticals Inc., MBio Diagnostics, Cleveland Clinic and others.
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