liver metastases treatment market report, liver metastases treatment market research, liver metastases treatment market analysis, liver metastases treatment industry, liver metastases treatment market scope, liver metastases treatment market growth, liver metastases treatment market segments, liver metastases treatment market outlook, liver metastases treatment market forecast, liver metastases treatment market trends, liver metastases treatment market, liver metastases treatment market demand
Liver metastases treatment refers to therapeutic interventions aimed at managing cancerous growths that have spread to the liver from primary tumors elsewhere in the body. This comprehensive treatment strategy aims to improve patient outcomes by shrinking or eliminating metastatic lesions, alleviating symptoms, and enhancing overall quality of life.
Sizing and Forecast
The liver metastases treatment market size has grown strongly in recent years. It will grow from $1.45 billion in 2023 to $1.57 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to expansion of personalized medicine, expanded access to healthcare, enhanced multidisciplinary care, clinical trials and research initiatives.
The liver metastases treatment market size is expected to see strong growth in the next few years. It will grow to $2.19 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to patient-centric care models, precision medicine, shift towards outpatient, ambulatory care and regulatory initiatives. Major trends in the forecast period include next-generation sequencing technologies, immuno-oncology advancements, emergence of liquid biopsy technologies and adjuvant therapies.
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Segmentation & Regional Insights
The liver metastases treatment market covered in this report is segmented –
1) By Treatment Type: Chemotherapy, Targeted Therapy, Immunotherapy
2) By Primary Cancer: Colorectal Cancer, Breast Cancer
3) By Distribution Channel: Hospital Pharmacies, Specialty Pharmacies
North America was the largest region in the liver metastases treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the liver metastases treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The rising cases of liver disease are expected to propel the growth of the liver metastases treatment market going forward. Liver disease refers to any disorder of the liver that can stop the liver from working or prevent it from functioning well. Metastase treatments benefit overall wellness by protecting liver function, which is necessary for metabolism, detoxification, and other essential body activities. Moreover, in some situations, intensive treatments, including surgical resection, ablation, or targeted therapies, are needed for long-term remission, especially when paired with systemic medications such as chemotherapy or immunotherapy. For instance, in September 2022, according to Cancer Australia, an Australia-based government cancer agency, around 2,905 new cases of liver cancer were diagnosed in Australia in 2022 (2,113 males and 792 females). Further, the risk of developing liver cancer by age 85 is predicted to be 1 in 103 (or 0.97%) in 2022, 1 in 70, or 1.4%, for men, and 1 in 195, or 0.51%, for women. Therefore, the rising cases of liver disease are propelling the liver metastases treatment market.
Key Industry Players
Major companies operating in the liver metastases treatment market are Pfizer Inc., Johnson & Johnson, F. Hoffmann-La Roche AG, Merck & Co., AbbVie Inc., Bayer AG, Sanofi S.A., Novartis AG, Bristol Myers Squibb, AstraZeneca plc, Eli Lilly and Company, Amgen Inc., Boehringer Ingelheim, Gilead Sciences Inc., Takeda Pharmaceutical Company, Astellas Pharma Inc., Daiichi Sankyo Company Ltd., Eisai Co. Ltd., Incyte Corporation, Ipsen, Seattle Genetics, Exelixis Inc., Array BioPharma Inc., Genentech Inc., Clovis Oncology, Agios Pharmaceuticals Inc., Taiho Pharmaceutical Co.Ltd
The liver metastases treatment market report table of contents includes:
1. Executive Summary
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