Aggressive Fibromatosis Market Set to Register a CAGR of 7.10% and Reach USD 4,615.86 Million by 2031 – Growth Plus Reports

Newark, New Castle, USA, April 13, 2023 (GLOBE NEWSWIRE) -- According to a recent Growth Plus Reports assessment, the Aggressive Fibromatosis Market is estimated to reach US$ 4,615.86 billion by 2031, with a revenue CAGR of 7.10%. The report examines the vital growth strategies, factors and prospects, competitive scenarios, shifting industry trends, market dynamics, data and forecasts, and ideal investment regions.

Key Takeaways:

• Increased prevalence of aggressive fibromatosis will drive market revenue growth.

• North America will register the fastest revenue growth in the global aggressive fibromatosis market.

• The increased demand for minimally invasive operations will fuel the growth of the market. 

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Aggressive Fibromatosis Market Scope

Market Drivers
The increased use of precision medicine, the growing use of minimally invasive surgical procedures, and the rising prevalence of aggressive fibromatosis are the major factors driving the revenue growth of the global aggressive fibromatosis market. Furthermore, increased demand for treatment options, advancement of advanced diagnostic tools such as molecular and genetic testing, and greater patient, physician, and general public knowledge and education about aggressive fibromatosis contribute to the market's revenue growth rate. 

Market Segmentation
Growth Plus Reports has analyzed the global aggressive fibromatosis market from four perspectives: Treatment Type, Patient Type, End User, and Region.

Treatment Type Segmentation: Based on the treatment type, the global aggressive fibromatosis market is segmented into NSAIDs, radiation therapy, chemotherapy, medication, hormone therapy, and molecular targeted therapy. The chemotherapy segment dominates the market with the largest revenue share because It is often used as an outpatient therapy for desmoid tumours.

Patient Type Segmentation: Based on the patient type, the global aggressive fibromatosis market is segmented into  pediatric and adult. The adult segment dominates the market because adults are mostly affected with aggressive fibromatosis than children.

End-User Segmentation: Based on the end-user, the global aggressive fibromatosis market is segmented into hospitals & clinics, specialty clinics, and others. The hospitals & clinics segment dominates the market because they are usually the first place where severe fibromatosis is diagnosed and treated.
  
Regional Growth Dynamics
Based on the region, the global aggressive fibromatosis market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Europe is expected to dominate the global aggressive fibromatosis market with the largest revenue share. The dominance of Europe can be attributed to the well-developed healthcare infrastructure, advanced diagnostic and treatment technologies, highly skilled healthcare professionals, comprehensive insurance coverage, increased demand for related products and services, and the presence of leading biotech and pharmaceutical companies, research institutions, and academic medical centers.

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Competitive Landscape
The prominent players in the global aggressive fibromatosis market are:

• Amgen Inc.
• Novartis AG
• Abbott Laboratories Inc.
• Bayer AG
• AbbVie Inc.
• Beckman Coulter Inc.
• Stryker Corporation
• F. Hoffmann-La Roche Ltd.
• Debiopharm Group
• Teva Pharmaceutical Industries Ltd.

The aggressive fibromatosis market is extremely competitive, with many players involved. Market leaders increasingly use mergers, collaborations, and acquisitions to increase their market share and launch new drugs and products.

Recent developments:

• Ayala Pharmaceuticals announced in September 2022 that the US Food and Drug Administration has received AL102 fast-track designation for treating patients with progressing desmoid tumors.
• SpringWorks Therapeutics Inc., presented data from the Phase 3 DeFi trial of nirogacestat, an investigational oral gamma-secretase inhibitor, in adult patients with progressing desmoid tumors, in August 2022, at the European Society for Medical Oncology (ESMO) Congress.

Table of Content

1. INTRODUCTION
   1. Market Ecosystem 
   2. Timeline Under Consideration
      1. Historical Years – 2021
      2. Base Year – 2022
      3. Forecast Years – 2023 to 2031
   3. Currency Used in the Report
2. RESEARCH METHODOLOGY 
   1. Research Approach
   2. Data Collection Methodology
   3. Data Sources
      1. Secondary Sources 
      2. Primary Sources 
   4. Market Estimation Approach
      1. Bottom Up 
      2. Top Down 
   5. Market Forecasting Model
   6. Limitations and Assumptions       
3. PREMIUM INSIGHTS
   1. Current Market Trends (COVID-19 Perspective)
   2. Key Players & Competitive Positioning (2022)
   3. Regulatory Landscape
      1. U.S.
      2. Europe
      3. Japan
   4. Reimbursement Scenario
   5. Epidemiology and Patient Population
4. MARKET DYNAMICS
   1. Drivers
   2. Restraints
   3. Opportunities
5. GLOBAL AGGRESSIVE FIBROMATOSIS MARKET- ANALYSIS & FORECAST, BY TREATMENT TYPE
   1. NSAIDs
   2. Radiation Therapy
   3. Chemotherapy
   4. Medication
   5. Hormone Therapy
   6. Targeted Molecular Therapy
   7. Others
6. GLOBAL AGGRESSIVE FIBROMATOSIS MARKET- ANALYSIS & FORECAST, BY PATIENT TYPE
   1. Pediatric
   2. Adults
7. GLOBAL AGGRESSIVE FIBROMATOSIS MARKET- ANALYSIS & FORECAST, BY END USER
   1. Hospitals & Clinics
   2. Specialty Clinics
   3. Others

AGGRESSIVE FIBROMATOSIS MARKET TOC

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• Winning imperatives
• Exhaustive coverage on 'Strategic Developments' registered by leading players of the market

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