Japan Neuroendocrine Tumor Therapeutics Market Analysis

Japan Neuroendocrine Tumor Therapeutics Market Analysis


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Japan neuroendocrine tumor therapeutics market is projected to grow from $xx Mn in 2023 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2023-30. The market for neuroendocrine tumors is being driven by an increase in the number of cases of these tumors. Major global players in this market are F. Hoffmann-La Roche Ltd, Bristol-Myers Squibb Company, Viatris Inc., Thermo Fisher Scientific Inc., Novartis AG, Regeneron Pharmaceuticals, Inc., Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., Eli Lilly and Company, LUPIN, Exact Sciences Corporation, Pfizer Inc., Ipsen Pharma, Advanced Accelerator Applications (a subsidiary of Novartis AG.

ID: IN10JPRD052 CATEGORY: Rare Diseases GEOGRAPHY: Japan AUTHOR: Nipun Arora

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Japan Neuroendocrine Tumor Therapeutics Market Analysis Summary

Japan Neuroendocrine Tumor Therapeutics Market is valued at around $0.13 Bn in 2022 and is projected to reach $0.29 Bn by 2030, exhibiting a CAGR of 11.1% during the forecast period 2023-2030.

Cancers known as neuroendocrine tumors start in specialized cells known as neuroendocrine cells. Nerve and hormone-producing cells share characteristics with neuroendocrine cells. Neuroendocrine tumors are rare and can grow anywhere in the body. The rectum, appendix, small intestine, lungs, and pancreas are where most neuroendocrine tumors are born. The precise cause of neuroendocrine tumors is uncertain. These cancers begin in neuroendocrine cells, which share traits with neuronal and hormone-producing cells. Neuroendocrine cells abound throughout your body.

The market for neuroendocrine tumors is being driven by an increase in the number of cases of these tumors. Also, other drivers of this market expansion are the release of five new pipeline agents, label expansions for already approved agents, or entry into new markets. The increased prevalence of narcoleptic disorders worldwide, rising stress levels, an aging population, and growing public awareness of the variety of treatments for this condition are all predicted to have a positive impact on the market. Major global players in this market are F. Hoffmann-La Roche Ltd, Bristol-Myers Squibb Company, Viatris Inc., Thermo Fisher Scientific Inc., Novartis AG, Regeneron Pharmaceuticals, Inc., Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., Eli Lilly and Company, LUPIN, Exact Sciences Corporation, Pfizer Inc., Ipsen Pharma, Advanced Accelerator Applications (a subsidiary of Novartis AG.

Market Dynamics

Market Growth Drivers

The rapidly rising incidence of neuroendocrine carcinoma, expanding therapeutic applications, and the rising number of research efforts to produce cutting-edge treatment technologies are some of the factors propelling the growth of the neuroendocrine tumor therapy market.

Developments in Japan Neuroendocrine Tumor Therapeutics Market

According to a statement released by Bristol-Myers Squibb Company in February 2021, the European Medicines Agency (EMA) has recommended approval of Opdivo (nivolumab) and Cabometyx (cabozantinib) as the first-line treatments for people with advanced renal cell carcinoma (RCC). If the company was approved, it would conduct extensive clinical trials, distribute medicines globally, raise funds, and do additional research. It would lead to a favorable expansion of the market.

The U.S. Food and Drug Administration issued a Complete Response Letter ("CRL") regarding the New Drug Application ("NDA") for surufatinib, which is indicated for the treatment of pancreatic ("pNETs") and extra-pancreatic (non-pancreatic, "epNETs") neuroendocrine tumours ("NETs"), to HUTCHMED Limited, a China-based company that develops, produces, and sells pharmaceutical products.

Key players

Novartis Pfizer Sanofi EMD Serono Ipsen Actelion Catalyst Biosciences uniQure Ionis Pharmaceuticals Alnylam Pharmaceuticals

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Japan Neuroendocrine Tumor Therapeutics Market Segmentation

By Product Outlook

  • Somatostatin Analogs (SSAs)
  • Targeted Therapy
  • Others

By Site Outlook

  • Lungs
  • Pancreas
  • Colon
  • Small Intestine
  • Others

By End-use

  • Hospital pharmacy
  • Retail pharmacy
  • Others

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.​

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

  • Analyzing historical proprietary data collected from multiple projects.
  • Regularly updating our existing data sets with new findings and trends.
  • Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

  • Searching through academic conferences, published research, citations, and social media platforms
  • Collecting and compiling diverse data to build a comprehensive and detailed database
  • Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

  • Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
  • Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
  • Continuously refreshing our database to ensure that the information remains current and reliable.
  • Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

  • Merging historical data from secondary research with real-time data from primary research.
  • Conducting thorough data validation and cleansing to remove inconsistencies and errors.
  • Organizing data into a structured format that is easily accessible and usable for various applications.
  • Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.

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Last updated on: 04 July 2023
Updated by: Dr. Purav Gandhi

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