The Oral Cancer Treatment 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 Oral Cancer Treatment Global Market Report 2024, The oral cancer treatment market size has grown strongly in recent years. It will grow from $1.9 billion in 2023 to $2.04 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to interdisciplinary treatment approaches, screening programs implementation, improvements in palliative care, reconstructive surgery innovations, clinical trial discoveries.
The oral cancer treatment market size is expected to see strong growth in the next few years. It will grow to $2.66 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to regulatory support for innovative therapies, advancements in biomarker research, expanding therapeutic options, improved screening and early detection, telemedicine and remote monitoring. Major trends in the forecast period include global epidemiological changes, regulatory changes and approvals, rising awareness and early detection campaigns, patient-centric care, adjuvant therapies.
The growing consumption of tobacco is expected to propel the growth of the oral cancer treatment market going forward. Tobacco refers to the leaves of Nicotiana tabacum and other plants in the Nicotiana genus. Tobacco products contain poisonous substances, carcinogens, and nicotine, linked to an increased risk for specific cancers, including oral cancer. For instance, in July 2023, according to a report published by The World Health Organization, a Switzerland-based intergovernmental organization, more than 8 million people are killed by tobacco each year, including 1.3 million non-smokers who inhale second-hand smoke. Further, according to Statistics Canada, a Canada-based government agency, cigarette production increased by 5.8% compared to June 2021. Additionally, the total number of cigarettes sold rose 1.3% from May 2022, reaching 1.4 billion in June 2022. Therefore, the growing tobacco consumption is driving the growth of the oral cancer treatment market.
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The oral cancer treatment market covered in this report is segmented –
1) By Type: Oral Squamous Cell Carcinoma, Oral Verrucous Carcinoma, Mucoepidermoid Carcinoma, Oral Cavity Lymphomas
2) By Therapy Type: Chemotherapy, Radiation Therapy, Biological Therapy
3) By Route of Administration: Oral, Injectable, Other Routes Of Administration
4) By End User: Hospitals, Homecare, Specialty Clinics, Other End Users
Major companies operating in the oral cancer treatment market are developing innovative treatments, such as CancerDetect, to increase their profitability in the market. CancerDetect is a screening test for mouth and throat cancer. For instance, in August 2022, Viome Life Sciences Inc., a US-based biotechnology company, launched a treatment test called CancerDetect. It is a test for early-stage oral and throat cancer biomarkers that may be performed at home. The CancerDetect test is designed to help detect molecular characteristics linked to oral and throat malignancies, primarily oral squamous cell carcinoma (OSCC) and oropharyngeal squamous cell carcinoma (OPSCC).
The oral cancer treatment market report table of contents includes:
1. Executive Summary
2. Oral Cancer Treatment Market Characteristics
3. Oral Cancer Treatment Market Trends And Strategies
4. Oral Cancer Treatment Market – Macro Economic Scenario
5. Global Oral Cancer Treatment Market Size and Growth
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31. Oral Cancer Treatment Market Other Major And Innovative Companies
32. Global Oral Cancer Treatment Market Competitive Benchmarking
33. Global Oral Cancer Treatment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Oral Cancer Treatment Market
35. Oral Cancer Treatment Market Future Outlook and Potential Analysis
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