According to the American
Cancer Society, colorectal cancer is the third most commonly diagnosed
cancer among both men and women in the United States, accounting for
approximately 55,000 deaths every year. Treatment is complex, with new
product advances in both cytotoxic and targeted therapy drugs changing the
landscape of options and pathways utilized by physicians to fight the
disease.
New analysis from Frost & Sullivan
(pharmaceuticals.frost), U.S. Colorectal Cancer Markets:
Patient Outlook, provides an overview and patient population analysis for
colon and rectal cancer in the United States from 2003-2013.
Proper understanding of the potential scope of various colorectal
patient groups, divided according to factors such as disease progression
and line of therapy, is important to judge the appropriate market size
available for oncology products targeting colorectal cancer.
"Although the incidence of colorectal cancer is declining, it is not
sufficient to offset aging population factors that are resulting in a
year-over-year increase in the number of patient cases," explains Frost &
Sullivan Industry Manager Daniel Ruppar. "Having an understanding of
population factors and size is important in judging market opportunities,
both for existing product expansion and new product development."
Among therapies, the percentage of patients receiving chemotherapy is
increasing for both rectal and colon cancer. This trend, combined with an
aging patient population, expects to contribute to growth in the use of
adjuvant therapy.
With respect to stage IV cancer patients, projection through 2013 shows
an increasing percent of patients willing to accept treatment through
pharmaceuticals. Going by the base year trends, approximately 74 percent of
stage IV rectal cancer patients and 53 percent of stage IV colon cancer
patients are estimated to take pharmaceuticals as part of their treatment
in 2013. New drug treatments expect to expand the therapeutic opportunities
for patients, especially for those with late stage disease progression.
Patient survival is a crucial factor for drugs utilized in the
treatment of colorectal cancer. Proven clinical outcomes, in regards to
survival, expect to continue to be important for new products awaiting Food
and Drug Administration (FDA) approval, or existing products looking to
expand indications.
"New treatments for colorectal cancer are improving the survival time
of patients with the disease," says Ruppar. "Determining the optimal
treatment for each patient is important, with an indicative line of therapy
having a direct impact on the revenue potential for products in this
space."
While recent advances in targeted therapies and improvements in
chemotherapy are improving the lives of patients with colorectal cancer,
continued innovation and product development is needed, especially since
the colorectal cancer is the third leading disease in terms of patients for
the oncology area.
U.S. Colorectal Cancer Markets: Patient Outlook is part of the
Pharmaceuticals and Biotechnology Subscription, which also includes
research in the following markets: U.S. intranasal drug delivery market,
U.S. antiplatelet market, and emerging therapeutics in the U.S. colorectal
cancer markets. All research services included in subscriptions provide
detailed market opportunities and industry trends evaluated following
extensive interviews with market participants. Interviews are available to
the press.
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