Colombia gastric cancer drugs market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyzes that the market is growing with a CAGR of 8.5% in the forecast period of 2022 to 2029 and is expected to reach USD 47.73 million by 2029. Rising cases of gastrointestinal tumors, lymphoma and adenocarcinoma have increased the demand for medication and treatment, which is expected to drive the growth of the gastric cancer drugs market.

Gastric cancer is a disease in which malignant (cancer) cells form in the lining of the stomach. The age, diet, and stomach disease can affect the risk of developing gastric cancer. Symptoms of gastric cancer include indigestion and stomach discomfort or pain. Stomach cancers tend to develop slowly over many years. Before a true cancer develops, pre-cancerous changes often occur in the inner lining (mucosa) of the stomach before the complete development of the cancer. These early changes rarely cause symptoms, so they often go undetected. Cancer’s development in different sections of the stomach can cause different symptoms and tend to have different outcomes. Its location can also affect treatment options.

Trends Impacting the Market

The gastric cancer drugs market is becoming more competitive with companies including F. Hoffmann-La Roche Ltd, Merck KGaA, and Teva Pharmaceutical Industries Ltd. These are the top dominating companies in the Columbia gastric cancer drugs market and have launched novel products, services, and consumables in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the Colombia gastric cancer drugs market.

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Colombia Gastric Cancer Drugs Market Developments

In July 2020, AstraZeneca has entered into a new agreement with Daiichi Sankyo Company, Limited (Daiichi Sankyo) for DS-1062, Daiichi Sankyo’s proprietary trophoblast cell-surface antigen 2 (TROP2)-directed antibody drug conjugate (ADC) and potential new medicine for the treatment of multiple tumour types. This anticipated to enhance further growth of market.
In March 2020, Teva Pharmaceuticals USA, Inc. and Celltrion Healthcare, Co., Ltd. announced that HERZUMA1 (trastuzumab-pkrb) for Injection, a biosimilar to HERCEPTIN 1, is available in the United States with the same indications as the reference product including. This is expected to increase company’s manufacturing capacity in U.S and helped in revenue generation.
In September 2021, F Hoffman-La Roche announced the partnership with Israeli company Medial EarlySign for detection of gastric cancer diagnostic and treatment. This development will help to develop more advance drugs with the help of this techniques and increase the market presence of Roche in gastric cancer.
Scope of the Colombia Gastric Cancer Drugs Market
All country based analysis of the Colombia gastric cancer drugs market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into adenocarcinoma, lymphoma, gastrointestinal stromal tumor, carcinoid tumor, and others. On the basis of stage, the market is segmented into stage I, stage II, stage III, stage IV, and others. On the basis of treatment, the market is segmented into chemotherapy, targeted therapy, immunotherapy, and others. On the basis of route of administration, the market is segmented into oral and parenteral. On the basis of end user, the market is segmented into speciality clinics, hospitals, research and academic institutes, and others. On the basis of distribution channel, the market is segmented into retail pharmacy, hospital pharmacy, and others. On the basis of distribution channel, the market is segmented into retail pharmacy, hospital pharmacy, and others.

Key Pointers Covered in Columbia Gastric Cancer Drugs Market Industry Trends and Forecast to 2029

Market Size
Top to Bottom Market Analysis
Recent Developments for Market Competitors
Recent Market Value for Different Countries
Market value and over view of Colombia gastric cancer drugs market
Company profiling of top thirteen players of Colombia gastric cancer drugs market
Key Market Competitors Covered in the Report

Bayer AG
Novartis AG
Pfizer Inc.
Celltrion Healthcare Co., Ltd.
F. Hoffmann-La Roche Ltd
Merck KGaA
Teva Pharmaceutical Industries Ltd.
Sanofi
AstraZeneca
Viatris Inc.
Bristol-Myers Squibb Company
Concord Biotech
GlaxoSmithKline plc.