The Business Research Company’s report on the Metastatic Cancer Drugs Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the metastatic cancer drugs market’s growth in recent years?
The increasing prevalence of metastatic cancers is expected to propel the growth of the metastatic cancer drugs market going forward. Metastatic cancer refers to an advanced stage of cancer that spreads to other body parts. The number of cases of metastatic cancer rises, and this leads to the development of novel cancer medications for treating various types of metastatic cancer. Furthermore, the rising cancer rate has increased the occurrence of metastatic cancers. For instance, according to the Journal of the National Cancer Institute published in 2022, the number of people living with metastatic breast, prostate, lung, colorectal, or bladder cancer or metastatic melanoma in the United States is expected to be 0.69 million cases by the year 2025. The predicted number of American women living with metastatic breast cancer has also increased to 168,000 this year, up from 155,000 last year. Therefore, the increasing prevalence of metastatic cancers drives the metastatic cancer drugs market.
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How does the future projection of the metastatic cancer drugs market size compare to its historical growth?
The metastatic cancer drugs market size has grown steadily in recent years. It will grow from $58.07 billion in 2024 to $60.36 billion in 2025 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to chemotherapy development, advancements in targeted therapies, immunotherapy discoveries, clinical trials success, and improved diagnosis and staging
The metastatic cancer drugs market size is expected to see strong growth in the next few years. It will grow to $75.05 billion in 2029 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to precision medicine evolution, biomarker-driven therapies, liquid biopsy advancements, patient-centric approaches, and comprehensive genomic profiling. Major trends in the forecast period include emerging combination therapies, nanomedicine advancements, long-term survivorship support, early intervention strategies, health equity and access.
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Which key players are shaping the future of the metastatic cancer drugs market?
Major companies operating in the metastatic cancer drugs market include Pfizer Inc., Johnson and Johnson IT & Communication Technology Inc., F. Hoffmann-La Roche AG, Merck & Co. Inc., AbbVie Inc., Bayer AG, AstraZeneca plc, Novartis AG, Sanofi S.A., Bristol-Myers Squibb Company, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Gilead Sciences Inc., Amgen Inc., Astellas Pharma Inc., Eisai Co. Ltd., Sun Pharmaceutical Industries Ltd., Incyte Corporation, Ipsen SA, Seagen Inc., Exelixis Inc., Zymeworks Inc., Karyopharm Therapeutics Inc., CRISPR Therapeutics AG, Fate Therapeutics Inc., CytomX Therapeutics Inc., Spectrum Pharmaceuticals Inc., Intellia Therapeutics Inc., GlaxoSmithKline plc, Adaptimmune Therapeutics plc
What trends will propel the growth and evolution of the metastatic cancer drugs market?
Product innovations have emerged as a key trend gaining popularity in the metastatic cancer drugs market. Major market players are concentrating their efforts on developing novel drugs to strengthen their position in the market. For instance, in May 2022, Roche Pharma, a Switzerland-based company, is a global leader in biotechnology and pharmaceuticals, focusing on innovative healthcare solutions, launched drug to treat breast cancer. PHESGO is the first-ever fixed-dose formulation in oncology that combines the monoclonal antibodies Perjeta and Herceptin with hyaluronidase, allowing for subcutaneous injection with IV chemotherapy. This groundbreaking treatment reduces in-clinic time by 90%, significantly enhancing patient convenience. Roche Pharma India CEO V. Simpson Emmanuel highlighted that it allows patients to spend more time on activities they enjoy, improving their overall quality of life.
Which regions are expected to become dominant players in the metastatic cancer drugs market?
North America was the largest region in the metastatic cancer drugs market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the metastatic cancer drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the metastatic cancer drugs market, and how are they evolving?
The metastatic cancer drugs market covered in this report is segmented –
1) By Drug Class: HER2 Inhibitors, Immune Checkpoints Inhibitors, PARP Inhibitors, Kinase Inhibitors, Other Drug Class
2) By Cancer: Breast Cancer, Lung Cancer, Liver Cancer, Hematological Cancer, Brain Cancer, Prostate Cancer, Pancreatic Cancer, Other Cancers
3) By Treatment: Chemotherapy, Immunotherapy, Hormonal Therapy, Surgery, Other Treatments
4) By Route Of Administration: Intravenous, Intramuscular, Oral, Other Routes Of Administration
5) By End-Users: Hospitals, Specialty Clinics, Other End-Users
Subsegments:
1) By HER2 Inhibitors: Trastuzumab, Ado-trastuzumab emtansine, Lapatinib
2) By Immune Checkpoint Inhibitors: PD-1 Inhibitors, PD-L1 Inhibitors, CTLA-4 Inhibitors
3) By PARP Inhibitors: Olaparib, Rucaparib, Niraparib
4) By Kinase Inhibitors: EGFR Inhibitors, BRAF Inhibitors, ALK Inhibitors
5) By Other Drug Classes: Chemotherapy Agents, Hormonal Therapies, Targeted Therapies
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What defines the structure and scope of the metastatic cancer drugs market?
Metastatic cancer therapies are pharmaceuticals used to treat cancer that has spread from the site of origin to other places of the body. These medications are intended to target cancer cells and prevent them from growing and spreading.
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