The Laryngeal Cancer Therapeutics Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Laryngeal Cancer Therapeutics Global Market Report 2024, The laryngeal cancer therapeutics market size has grown strongly in recent years. It will grow from $2.86 billion in 2023 to $3.06 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increasing incidence of laryngeal cancer, evolution of treatment modalities, clinical trial activities, government initiatives and funding, patient awareness and education.
The laryngeal cancer therapeutics market size is expected to see strong growth in the next few years. It will grow to $3.88 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to targeted and immunotherapy advances, genomic medicine integration, rising geriatric population, global health collaborations, expanded role of telemedicine. Major trends in the forecast period include advancements in medical research, immunotherapy advancements, personalized medicine and biomarkers, combination therapies, patient-centric care, healthcare policy and access.
The increased prevalence of tobacco is expected to propel the growth of the laryngeal cancer therapeutics market going forward. Tobacco refers to the leaves of plants in the genus Nicotiana, which are harvested and processed for various uses, including smoking, chewing, and snuffing. Tobacco use is a major risk factor for laryngeal cancer and plays a significant role in the disease’s development and treatment outcomes. Laryngeal cancer therapeutics involve addressing the impact of tobacco use on the condition and its management. For instance, in July 2022, according to Statistics Canada, a Canada-based government agency, cigarette production increased by 5.8% compared to June 2021. Also, the total number of cigarettes sold rose by 1.3% from May 2022, reaching 1.4 billion in June 2022. Therefore, the increased prevalence of tobacco is driving the growth of the laryngeal cancer therapeutics market.
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The laryngeal cancer therapeutics market covered in this report is segmented –
1) Laryngeal Cancer Therapeutics Market By Treatment Type: Chemotherapy, Immunotherapy, Other Treatments
2) Laryngeal Cancer Therapeutics Market By Route Of Administration: Oral, Parenteral
3) Laryngeal Cancer Therapeutics Market By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Retail Pharmacy
4) Laryngeal Cancer Therapeutics Market By End-User: Hospitals, Homecare, Specialty Centers, Other End-Users
Top Major Players
Pfizer Inc.
F. Hoffmann La Roche Ltd.
Merck & Co.
AbbVie Inc.
Novartis AG
Major companies operating in the laryngeal cancer treatment market are developing innovative technologies such as Zeno AI to meet larger customer bases, more sales, and increased revenue. Zeno AI is a real-time AI solution for cancer detection and classification in the Ear, Nose, and Throat (ENT) region. For instance, in September 2022, WSK Medical B.V., a Netherland-based AI software company, launched a real-time AI solution ‘Zeno AI’ for early throat cancer detection. It performs analysis during an endoscopic examination of the throat (laryngoscopy) and provides instant localization and classification of laryngeal lesions on endoscopic videos. Zeno AI aims to assist ENT surgeons in the early detection and diagnosis of laryngeal cancer, reducing analysis time and enabling faster care plans.
The laryngeal cancer therapeutics market report table of contents includes:
1. Executive Summary
2. Laryngeal Cancer Therapeutics Market Characteristics
3. Laryngeal Cancer Therapeutics Market Trends And Strategies
4. Laryngeal Cancer Therapeutics Market – Macro Economic Scenario
5. Global Laryngeal Cancer Therapeutics Market Size and Growth
…..
32. Global Laryngeal Cancer Therapeutics Market Competitive Benchmarking
33. Global Laryngeal Cancer Therapeutics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Laryngeal Cancer Therapeutics Market
35. Laryngeal Cancer Therapeutics Market Future Outlook and Potential Analysis
36. Appendix
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