Singapore Melanoma Drugs Market Analysis

Singapore Melanoma Drugs Market Analysis


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Singapore melanoma drugs market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. This market is growing as a result of factors like an increase in melanoma incidence, greater awareness of available melanoma diagnostic and treatment options, and technological advancements in melanoma drugs. The major key players in this market are Novartis, Roche Holding AG, GlaxoSmithKline, Pfizer, Merck Group, Bristol Myers Squibb (BMY), Amgen, Genentech, Eisai Co. Ltd, Janssen Biotech, BeiGene Ltd, Iovance Biotherapeutics Inc., AB Science, Grand Pharmaceutical Group Co., Ltd. and, Navidea Biopharmaceuticals.

ID: IN10SGPH332 CATEGORY: Pharmaceuticals GEOGRAPHY: Singapore AUTHOR: Riddhi Solanki

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Singapore Melanoma Drugs Market Analysis Summary

Singapore Melanoma Drugs Market is valued at around $5.9 Mn in 2022 and is projected to reach $12 Mn by 2030, exhibiting a CAGR of 9.35% during the forecast period 2023-2030.

Melanoma, one of the more severe types of skin cancer, develops in cells with pigment called melanocytes. Melanomas typically form in the skin, while they atypically form in the mouth, stomach, or eye as well. Men's backs are more frequently impacted than women's legs, which are affected more often. Moles, brown spots, and growths on the skin are said to be signs of the illness. The market for melanoma drugs is expanding rapidly as a result of an increase in melanoma prevalence and improvements in the healthcare system. New and positive developments have recently been made in the global melanoma market. The market has taken notice of the emergence of several prominent market players, each of whom is competing for expanding revenue and reach. The growth of market participants' revenues and the expansion of their market share have been largely dependent on ongoing research and development initiatives, and this quickens market growth. This market is growing as a result of factors like an increase in melanoma incidence, greater awareness of available melanoma diagnostic and treatment options, and technological advancements in melanoma drugs. The major key players in this market are Novartis, Roche Holding AG, GlaxoSmithKline, Pfizer, Merck Group, Bristol Myers Squibb (BMY), Amgen, Genentech, Eisai Co. Ltd, Janssen Biotech, BeiGene Ltd, Iovance Biotherapeutics Inc., AB Science, Grand Pharmaceutical Group Co., Ltd. and, Navidea Biopharmaceuticals.

Market Dynamics

Market Growth Drivers

There are multiple advantages to targeted therapy, which is more common since it targets particular molecular abnormalities that slow the growth of various cancer types. It functions by interfering with specific proteins related in the development of cancer. The two key factors that impacted melanoma growth were:

  1. The therapy's lower incidence of adverse effects
  2. The availability of numerous targeted medications

These two key factors cause the market to expand. Around 132,000 new cases of skin cancer are reported annually by the WHO. Furthermore, it is anticipated that a 10% decrease in ozone levels will result in an increase of 4,500 skin cancer cases globally. The demand for these medications is anticipated to rise as a result.

Market Restraints

Rare disorders frequently do not have all accessible treatments, especially in developing nations. Advanced treatments are required to treat severe patients. however, these are occasionally not available in hospitals and clinics. As a result, it inhibits market expansion. The high cost of many treatments, including chemotherapy and targeted therapy, which have become increasingly popular in recent years, restrains market expansion.

Competitive Landscape

Key Players

  • Novartis
  • Roche Holding AG
  • GlaxoSmithKline
  • Pfizer
  • Merck Group
  • Bristol Myers Squibb (BMY)
  • Amgen
  • Genentech
  • Eisai Co. Ltd.
  • Janssen Biotech
  • BeiGene Ltd.
  • Iovance Biotherapeutics, Inc.
  • AB Science
  • Grand Pharmaceutical Group Co., Ltd.
  • Navidea Biopharmaceuticals

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

Singapore Melanoma Drugs Market Segmentation

By Treatment

  • Chemotherapy
  • Targeted Therapy
  • Immunotherapy
  • Others

By Route of Administration

  • Oral
  • Parenteral
  • Others

By End Users

  • Hospitals
  • Homecare
  • Specialty Clinics
  • 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: 27 February 2024
Updated by: Anish Swaminathan

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