By 2030, it is anticipated that the UAE liver cancer therapeutics market will reach a value of $57.3 Mn from $14.7 Mn in 2022, growing at a CAGR of 18.6% during 2022-30. The liver cancer therapeutics in UAE is dominated by a few domestic pharmaceutical companies such as Neopharma, Julphar, and Medpharma. The liver cancer therapeutics market in UAE is segmented into different types of cancer and different therapy type. Some of the major factors affecting this market are the growing prevalence of liver cancer and the high cost and side effects related to certain liver cancer therapies.
By 2030, it is anticipated that the UAE liver cancer therapeutics will reach a value of $57.3 Mn from $14.7 Mn in 2022, growing at a CAGR of 18.6% during 2022-2030.
United Arab Emirates (UAE) is a high-income, developing country located in the Middle East bordering the Gulf of Oman and the Persian Gulf. According to the most recent WHO data published in 2020, the number of deaths from liver cancer in the Arab Emirates reached 96, accounting for 0.49 % of all deaths. The age-adjusted death rate in the Arab Emirates is 5.05 per 100,000 inhabitants, ranking it 98th in the world.
The Middle East and North Africa (MENA) region has a rising burden of HCC due to a high prevalence of viral hepatitis, particularly HCV infection, and a lack of adequate preventative and therapeutic measures. With an increasing frequency of fatty liver diagnoses, this could become the UAE's leading cause of liver transplants. UAE's government spent 5.5 % of its GDP on healthcare in 2020.
Market Growth Drivers
The market's expansion can be due to factors such as the country's increasing prevalence of liver cancer, increased awareness of the condition, and increased spending on research & development of novel medicines for the treatment of liver cancer. The research further states that the increasing use of targeted treatments and immunotherapies in the treatment of liver cancer is projected to fuel market growth in the coming years. The UAE is an outstanding regional trading hub for businesses.
Market Restraints
Cultural and religious beliefs can influence some patients' willingness to seek out and receive liver cancer treatments. This can limit the size of the patient population and make it difficult for pharmaceutical companies to gain a footing in the market. Traditional remedies have a strong heritage in the UAE and can compete with Western-style therapies, including liver cancer therapeutics.
Key Players
In the UAE, the regulatory body responsible for the approval of liver cancer therapeutics is the Ministry of Health and Prevention (MOHAP). The reimbursement of liver cancer therapeutics in the UAE is largely determined by the recommendations of health insurance companies, which evaluate the cost-effectiveness of medications and make recommendations about coverage.
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
By Type (Revenue, USD Billion):
By Treatment (Revenue, USD Billion):
By Equipment (Revenue, USD Billion):
By Route of Administration (Revenue, USD Billion):
By End User (Revenue, USD Billion):
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