Research and Markets (http://www.researchandmarkets.com/research/53mwjr/global) has announced the addition of the "Global Gynecological Cancers Market 2014-2018" report to their offering.

The analysts forecast the Global Gynecological Cancers market to grow at a CAGR of 12.47 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in prevalence of gynecological cancer. The Global Gynecological Cancers market has also been witnessing the emergence of personalized medicines. However, the increase in use of CAM could pose a challenge to the growth of this market.

Key vendors dominating this space are Becton Dickinson and Co., Bristol Myers Squibb Co., Eli Lilly and Co., F. Hoffmann La Roche Ltd., and GlaxoSmithKline plc.

Other vendor mentioned in the report is Merck & Co.

Commenting on the report, an analyst from the team said: Personalized medicines have the ability to provide customized treatment to patients, based on patients' genetic and medical profiles. Biomarkers are used in predicting the patient response to a particular drug and they help in identifying the patient population set that is more likely to respond to a particular drug therapy. Personalized medicines are increasingly being used in targeted gynecological cancer therapies. The major market players are increasingly investing in targeted agents and the development of personalized therapies. Though the treatment using personalized medicine is a new concept, advancements in the techniques will drive the growth of the Global Gynecological market.

According to the report, one of the major drivers in this market is the increase in the prevalence of gynecological cancer. This increase is due to several factors such as obesity, infertility, mutations in specific genes, early start of menstruation, and late start of menopause. The increase in the prevalence of gynecological cancer has encouraged the demand for gynecological cancer drugs.

For more information visit http://www.researchandmarkets.com/research/53mwjr/global

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Sector: Oncology