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Research Outline
Prepared for Avichag S. | Delivered October 8, 2019
Skin Cancer and Melanoma Market Research
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Goals
To determine insights on early detection of skin cancer and melanoma as well as providing insights on the Chinese skin cancer market. Research will be used to guide direction of a company and help raise funding.
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Early Findings
EARLY DETECTION
99%
of skin cancer cases are
curable
if detected and treated early, according to Skin Cancer.org.
Skin cancer is
most curable
when detected early.
The
5-year survival rate
for skin cancer with early detection is
99 percent
.
The
5-year survival rate
for melanoma with early detection is
98 percent
.
Once melanoma reaches the
lymph nodes
, the survival rate falls to
64 percent
.
Once melanoma reaches and
metastasizes to nearby organs
, the survival rate falls to
23 percent
.
RISK FACTORS
Skin cancer is the
most common cancer
in the world, affecting
1 in 5
people by 70 years of age.
Unless diagnosed early, skin cancer can
disfigure
or eventually cause
death
.
Over
9,500 people
in the US are diagnosed with skin cancer
every day
.
Over
2 people die
from skin cancer die
every hour
.
90%
of nonmelanoma skin cancer are associated with
UV radiation
exposure.
COST
Treating skin cancer in the US costs an estimated
$8.1 billion
annually.
The annual cost of treating non-melanoma skin cancer stands at
$4.8 billion
.
The annual cost of treating melanoma skin cancer is estimated to be
$3.3 billion
.
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