The ‘Global Brain Tumor Treatment Market Size, Share, Report and Forecast 2023-2031′ by Expert Market Research gives an extensive outlook of the global brain tumor treatment market, assessing the market based on its segments like treatment method, indication type, treatment channel, distribution channel, and major regions. The report also provides a detailed insight of the market on the basis of patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnership and collaborations analysis.
The report studies the latest updates in the market, along with their impact across the market. It also analyzes the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Brain Tumor Treatment Market Share, Size, Trends, Report, Key Player, Major Segments and Forecast
The key highlights of the report include:
Market Overview (2016-2031)
- Historical Market Size (2022): USD 3.1 Billion
- Forecast CAGR (2023-2031): 10.9%
- Forecast Market Size (2031): USD 7.9 Billion
The global brain tumor treatment market is expected to grow at a significant rate due to the increasing prevalence of brain tumors and growing awareness about the disease. Technological advancements in diagnostic tools and treatment methods, along with the rising number of drugs in clinical trials by leading pharmaceutical companies, are expected to offer lucrative growth opportunities to the market. However, the high cost of treatment and the limited number of approved therapies may pose severe challenges for the brain tumor treatment market.
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Over the forecast period, the anticipated increase in the development of various drugs to combat brain tumors is expected to drive market growth. These developments, coupled with the growing demand for novel targeted therapies and strengthening healthcare infrastructure, are likely to contribute to market growth.
Brain Tumor Treatment Industry Definition and Major Segments
A brain tumor is an abnormal mass of cells in the brain that can be benign (non-cancerous) or malignant (cancerous). Symptoms of the disease include headaches, seizures, nausea, and changes in vision, among others. Treatments include surgery, chemotherapy, radiation therapy, targeted therapy, and immunotherapy, among others. The selection of treatment depends on the type, location, and stage of the tumor, as well as the patient’s age and overall health.
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Based on treatment method, the market is segmented into:
- Targeted Therapy
Based on the indication, the market is classified into:
- Pituitary Tumors
Based on treatment channel, the market is bifurcated into:
Based on region, the market is segregated into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Brain Tumor Treatment Market Trends
The key trends in the global brain tumor treatment market include growing development and research by the healthcare sector, aimed towards developing different drug combinations and targeted therapies to combat brain tumors. The increasing focus on personalized medicine and advancements in genomics and proteomics have led to a better understanding of the molecular basis of brain tumors. This has resulted in the identification of novel targets for therapy and the development of new drugs.
Furthermore, advancements in radiological imaging techniques have led to improved detection and delineation of brain tumors, facilitating better treatment planning. The development of minimally invasive surgical techniques and the integration of radiation therapy and surgery have also contributed to the growth of the market.
Key Market Players
The major players in the global brain tumor treatment market report are:
- Pfizer Inc.
- Novartis AG
- Merck & Co. Inc.
- AstraZeneca Plc.
- F. Hoffmann-La Roche Ltd.
- Amgen Inc.
- CordenPharma International
- Eisai Co., Ltd.
- Emcure Pharmaceuticals Limited
- Y-mAbs Therapeutics
- Bayer AG
- Bristol-Myers Squibb Co.
- GlaxoSmithKline Plc.
- Johnson & Johnson Services Inc.
The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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