Libya Breast Cancer Therapeutics Market Analysis

Libya Breast Cancer Therapeutics Market Analysis


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The Libya breast cancer therapeutics market is projected to grow from $xx Bn in 2022 to $xx Bn by 2030, registering a CAGR of xx% during the forecast period of 2022-2030 as a result of rising incidences of breast cancer in Libya. The market is segmented by therapy, by cancer type, and by distribution channel. Aseel, Pharmlys Libiya, and Bristol-Myers Squibb are some of the leading competitors in the Libya breast cancer therapeutics market.

ID: IN10LYPH031 CATEGORY: Pharmaceuticals GEOGRAPHY: Libya AUTHOR: Parul Choudhary

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Libya Breast Cancer Therapeutics Market Executive Analysis

The Libya breast cancer therapeutics market size is at around $xx Bn in 2022 and is projected to reach $xx Bn in 2030, exhibiting a CAGR of xx% during the forecast period. The amount Libya spent on healthcare per person in 2021 was $310. The average annual growth rate for Libya's health spending per capita was 6.83%, rising from $181 in 2012 to $310 in 2021. The Health Act No. (106), which promises free health services to all Libyans, has insurmountable difficulties in providing sufficient and long-lasting services. In Libya, the public and private sectors coexist in the healthcare system. Basically, the private sector relies on self-pay and insurance firms for funding. Although it is not yet fully developed, it has been growing quickly for the past 20 years.

Breast cancer is the most common cancer in women in Libya, accounting for 16% of all cancer cases and 17.9 new cases per 100,000 females each year. The most recent statistics state that 6.2 out of every 100,000 women in Libya pass away from breast cancer. Although most women with breast cancer can be successfully treated when the disease is caught early, more than half of patients in Libya (51%) receive their diagnosis at an advanced stage, which has a worse prognosis and lower survival rates. All Libyans have access to cancer services, the majority of diagnostic and treatment facilities are of high quality, and cutting-edge therapies including immunotherapy and targeted therapies are also offered. However, there have been times when the healthcare system as a whole has struggled to keep up with the rising demand for health services and has faced many difficulties, particularly in recent years as a result of the conflict and the political and economic instability of the nation.

Market Dynamics

Market Growth Drivers

The rise in breast cancer incidence in Libya, which is anticipated to have an impact on the need for novel therapeutics for breast cancer, is one of the factors driving the Libya breast cancer therapeutics market expansion.

Market Restraints

Due to the ongoing political and social unrest in Libya, the healthcare system is experiencing significant difficulties leading to a negative impact on the accessibility and availability of breast cancer treatments. Moreover, the government's limited breast cancer screening programs and the shortage of trained professionals are responsible for hindering the growth of Libya's breast cancer therapeutics market.

Competitive Landscape

Key Players

  • Alibiya (LBY)
  • Zadco Pharma (LBY)
  • Aseel (LBY)
  • Pharmlys Libiya (LBY)
  • Bristol-Myers Squibb
  • Eli Lilly
  • Halozyme
  • Merck

Healthcare Policies and Regulatory Landscape

The Libyan healthcare system offered free medical care to all citizens prior to the civil war, including access to hospitals, clinics, prescription medications, and medical supplies. The ongoing political and social unrest in Libya has an effect on the healthcare system, which is likely to have an impact on breast cancer reimbursement policies.

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

Breast Cancer Therapeutics Segmentation

By Therapy (Revenue, USD Billion):

  • Radiation Therapy
    • Targeted Therapy
      • Ribociclib
      • Abemaciclib
      • Afinitor
      • Everolimus
      • Trastuzumab
      • Olaparib
      • Ado-Trastuzumab Emtansine
      • Palbociclib
      • Pertuzumab
      • Herceptin
      • Tykerb (Lapatinib)
      • Others
  • Hormonal Therapy
    • Selective Estrogen Receptor Modulators (SERMs)
    • Aromatase Inhibitors
    • Estrogen Receptor Downregulators (ERDs)
  • Chemotherapy
    • Taxanes
    • Anthracyclines
    • Anti-metabolites
    • Alkylating Agents
  • Immunotherapy

By Cancer Type (Revenue, USD Billion):

  • Hormone Receptor
  • HER+

By Distribution Channel (Revenue, USD Billion):

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • Others

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

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The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

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We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

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  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
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Last updated on: 01 February 2023
Updated by: Ritu Baliya

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