The Asia-Pacific gastric cancer market is set to grow from its 2015 value of $1.3 billion to $2.7 billion by 2022, predicts a report from GBI Research.
A compound annual growth rate of 11.4% is forecast by the business intelligence provider’s report, which expects the rise to be driven by the increasing prevalence of gastric cancer, higher levels of health insurance coverage and improving disease awareness.
Strong awareness of the disease and a widespread screening program in Japan have already led to a higher number of cases being diagnosed at an early stage there, increasing the treatment-receiving population.
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