Europe and North America propel Global Mitotane Market

Published on : Oct 12, 2019

Mitotane inhibits steroidogenesis and is used in treatments of various medical conditions including Cushing’s syndrome and adrenocortical carcinoma where the latter has very few patients in need of Mitotane. Post-operative treatment of adrenocortical carcinoma seeks major involvement of Mitotane.

Pituitary adenomas acts as primary indicator of Cushing’s syndrome and account for maximum Cushing’s syndrome cases in adults and children. Adrenocortical carcinoma occurrence is very rare and affect mostly women population. The increased patient population affected by Cushing’s syndrome and adrenocortical carcinoma contribute to growth of global mitotane market. Moreover, Cushing’s syndrome is characterized by late diagnosis and late reoccurrence which acts in favor of mitotane market. Adjuvant therapy treatment is effective in adrenocortical carcinoma as it displays high reoccurrence rate.

Global mitotane market is calculated to be around US$12Mn and growth at heathy CAGR is anticipated for the next decade. An intelligence report titled “Global market Study on Mitotane: Rising Demand for Adjuvant Therapy Offers Impetus” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository.

Adrenocortical carcinoma major segment

Developing nations including India, China and Brazil are influenced by macro-economic factors such as increased health care sector expenditure and enhanced pharma drugs sale boosts Mitotane market. Cushing’s syndrome and adrenocortical carcinoma treatment from two major segments of mitotane market where the former is highly prevalent whereas the latter is of rare occurrence. Symptoms of Cushing’s syndrome include round red face, weak bones and muscles, lump between shoulders, high blood pressure and abdominal obesity. Adrenocortical carcinoma rises from adrenal cortex and develops into large mass. Its occurrence is rare and its indication holds a prominent position in mitotane market.

North America, Europe South Asia, Latin America and East Asia form the regional segments of global mitotane market. Increase in research collaborations and growth in knowledge based resources in Europe and North America has propelled mitotane market globally.

Major stake holders are involved in commercializing mitotane with collaboration and agreements. Medunic Canada formed agreement with HRA Pharma to commercialize Lysodren in Canada. Moksha8 Brasil partnered with HRA Pharma to sell Lysodren in South America. Bristol-Myers Sqibb Company is other major stake holder in global mitotane market.

Global mitotane market: Report Synopsis

Quantitative and qualitative assessment exhort intelligence and overarching report on the Global mitotane market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Global mitotane market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on mitotane.

An insightful and deep-dive assessment of the competitive assessment of the Global mitotane market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Global mitotane market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.

Global mitotane market: Research Methodology

Primary sources and secondary sources propel intelligence report on Global mitotane market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.

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