The Metastatic Melanoma Therapeutics Global Market Report 2023, provides comprehensive information on the metastatic melanoma therapeutics market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Metastatic Melanoma Therapeutics Market’s Growth:
The global metastatic melanoma therapeutics market size is expected to grow from $6.41 billion in 2022 to $7.27 billion in 2023 at a compound annual growth rate (CAGR) of 13.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of metastatic melanoma therapeutics market is expected to reach $11.49 billion in 2027 at a CAGR of 12.1%.
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Product innovations are a key trend gaining popularity in the metastatic melanoma therapeutics market. Companies operating in the metastatic melanoma therapeutics market are adopting recent technologies to sustain their position in the market. For instance, in January 2022, Immunocore, a UK-based biotechnology company, announced FDA (Foods and Drugs Association) approval of KIMMTRAK (tebentafusp-tebn) for treating unresectable or metastatic uveal melanoma. KIMMTRAK is the first and only FDA-approved T cell receptor (TCR) therapy. This is the first compound created using the ImmTAC technology platform by Immunocore, intended to reroute and activate T lymphocytes to identify and eliminate tumor cells. It showed a statistically and clinically significant overall survival (OS) advantage, with a hazard ratio of 0.51 and a median overall survival (OS) of almost 22 months.
The metastatic melanoma therapeutics market is segmented:
1) By Therapy: Chemotherapy, Immunotherapy, Targeted Therapy, Radiation Therapy, Surgery
2) By Stages: Stage 0, Stage I, Stage II, Stage III, Stage IV
3) By End User: Hospitals, Specialty Clinics, Home Healthcare, Other End-users
North America was the largest region in the metastatic melanoma therapeutics market in 2022.
The table of contents in TBRC’s metastatic melanoma therapeutics market report includes:
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