Pontine glioma drug market is anticipated to grow at a significant CAGR during the forecast period. Pontine glioma is a rare, fast-growing tumor that forms in glial cells in a part of the brain stem called the pons. Additionally, diffuse intrinsic pontine gliomas tend to spread to nearby tissue and other parts of the brain stem. Further, they are hard to treat and have a poor prognosis and usually occur in children. The major factor driving the demand for the global pontine glioma drug market during the forecast period is the increasing prevalence of pontine glioma across the globe.
According to the DIPG Organization, diffuse intrinsic pontine gliomas (DIPG) are the most common brainstem tumors in children accounting for approximately 75-80% of all pediatric brainstem tumors. Additionally, approximately 150-300 patients are diagnosed with DIPG per year in the US. Moreover, approximately 6-7 years old is the median age of patients with DIPG and affects males/females in an equal ratio is 1:1. Hence, the increasing prevalence of pontine glioma is driving the demand for pontine glioma drugs which in turn is driving the growth of the market.
Some major players in the market include Oblato, Inc., and Sanofi SA, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in March 2021, Oblato, Inc. announced that it has received the granting of fast track designation from the FDA for OKN-007. It is the proprietary drug for Diffuse Intrinsic Pontine Glioma (DIPG).
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Classification
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Oblato, Inc., and Sanofi SA, among others.
Pontine Glioma Drug Market Report by Segment
By Classification
- Diffuse Brain Stem Glioma
- Focal Brain Stem Glioma
- Recurrent Brain Stem Glioma
By Application
- Cancer Research Institutes
- Diagnostic Laboratories
- Hospitals
- Others
A full Report of Pontine Glioma Drug Market is Available @ https://www.omrglobal.com/industry-reports/pontine-glioma-drug-market
Pontine Glioma Drug Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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