Pune, Sept. 20, 2022 (GLOBE NEWSWIRE) -- According to the latest report published by Growth Plus Reports, the global liver cancer therapeutics market is expected to clock at US$ 8.9 billion by 2030 and to grow at a CAGR of 19.5% during the forecast period. Owing to the high prevalence of liver cancer and robust investments in R&D activities to develop drugs for liver cancer treatment. This exclusive information is published by Growth Plus Reports in its report titled “Liver Cancer Therapeutics Market – Global Outlook & Forecast 2022-2030”
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Growth Drivers
The market for liver cancer therapies is driven by the high prevalence and rising incidence rates of liver cancer worldwide. The development of novel innovative therapeutic drugs, strong clinical pipeline of therapeutic drugs, an increase in awareness among people around the world, and favorable government support are likely to contribute to the growth of the liver cancer therapeutics market. The high prevalence of metastatic cancer that spreads from other parts of the body such as breast cancer, colon cancer, or lung cancer is likely to drive the market for liver cancer therapeutics during the forecast period.
The global liver cancer therapeutics market has been analyzed from three perspectives: therapy type, end user, and region.
Liver Cancer Therapeutics Market Report Scope & Strategic Insights:
Report Coverage | Details |
Market Size Value in | US$ 1.8 Billion in 2021 |
Market Size Value by | US$ 8.9 Billion by 2030 |
Growth rate | CAGR of 19.5% from 2022 to 2030 |
Forecast Period | 2022-2030 |
Base Year | 2021 |
Historical data available | Yes |
Segments covered | Therapy Type, Distribution Channel, and Region |
Regional scope | North America, Europe, Asia Pacific, and the Rest of the World (ROW) |
Country scope | US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Excerpts from ‘By Therapy Type Segmentation’
The global liver cancer therapeutics market is divided into:
- Chemotherapy
- Immunotherapy
- Targeted Therapy
The targeted therapy segment dominates the global market. Since the therapy focuses on invading the target tumor cells and eliminating the side effects. However, during the forecast period, the immunotherapy market is expected to grow at a high CAGR due to new innovations in liver cancer treatment.
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Excerpts from ‘By Distribution Channel Segmentation’
The global liver cancer therapeutics market is divided into three distinct distribution channels, namely:
- Retail Pharmacy
- Online Pharmacy
- Hospital Pharmacy
It has been analyzed that the hospital pharmacy segment dominates the global market because of the preference of patient to visit hospital for the treatment, due to the presence of highly skilled professionals and technologically advanced diagnostic equipments. This dominance is also due to the high sales of prescription-drugs in the hospital. However, the online pharmacy segment is expected to witness a high growth rate due to availability of drugs online and increased awareness amongst population.
Excerpts from ‘By Region Segmentation’
Based on region, the global market has been segmented into:
- North America
- Europe
- Asia Pacific
- Rest of the World
Due to the rapidly rising number of liver cancer patients in densely populated nations like India, China, and Hong Kong as well as the rapidly expanding infrastructure for health care, the liver cancer therapeutics market in the Asia Pacific is predicted to grow at a high CAGR during the forecast period. One of the major variables influencing the liver cancer therapies market in Asia Pacific throughout the course of the projection is the high prevalence of secondary metastatic cancer in the area.
Excerpts from ‘Competitive Landscape’
The prominent players operating in the global liver cancer therapeutics market are:
- Pfizer Inc
- Bristol-Myers & Squibb Company
- Exelixis Inc
- Merck Sharp & Dohme Corp
- Eli Lilly & Company
- F. Hoffman-La Roche Ltd
- Eisai Co., Ltd
- Celgene Corporation
- Amgen Inc
- Onyx Pharmaceuticals, Inc
Table of Content
- INTRODUCTION
-
- Market Ecosystem
- Timeline Under Consideration
- Historical Years – 2020
- Base Year – 2021
- Forecasted Years – 2022 to 2030
- Currency Used in the Report
- RESEARCH METHODOLOGY
-
- Research Approach
- Data Collection Methodology
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Approach
- Bottom Up
- Top Down
- Market Forecasting Model
- Limitations and Assumptions
- PREMIUM INSIGHTS
-
- Current Market Trends (COVID-19 Perspective)
- Key Players & Competitive Positioning (2021)
- MARKET DYNAMICS
-
- Drivers
- Restraints/Challenges
- Opportunities
- GLOBAL LIVER CANCER THERAPEUTICS MARKET - ANALYSIS & FORECAST, BY THERAPY TYPE
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- Chemotherapy
- Immunotherapy
- Targeted Therapy
VALUE PROPOSITIONS RELATED TO THE REPORT:
- Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
- Comprehensive quantitative and qualitative insights at segment and sub-segment level
- Covid 19 impact trends and perspective
- Granular insights at global/regional/country level
- Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
- Blanket coverage on competitive landscape
- Winning imperatives
- Exhaustive coverage on 'Strategic Developments' registered by leading players of the market
CUSTOMIZATION OPTIONS:
- Distributor Landscape Assessment
- Pricing Intelligence
- Customer Base Assessment
- Investment & Initiatives Analysis
- 'Business Profile' of Key Players
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