US Melanoma Market is Expected to Experience Immense Growth with Amgen, Inc., Bristol-Myers Squibb, Novartis International AG. Pfizer Etc. During 2019–2023

Cancer types are becoming increasingly malignant and becoming more prevalent one of which are melanomas. Market reports connected with the healthcare industry have been made available by Market Research Future which generates reports on other business verticals that outlines the current market scenarios. The US Market of Melanoma is expected to reach US$ 3.2 billion in 2023 from US$ 2.4 billion in 2016 with a CAGR of approximately 8.3%.

US Melanoma Market - Key Players

Some of the Key Players in this market are:

Amgen, Inc.
Bristol-Myers Squibb
Eisai Co. Ltd.
Hoffmann-La Roche Ltd.
Genentech Inc.
Janssen Biotech, Inc.
Novartis International AG.
Pfizer
Vical and Ziopharm

US Melanoma Market - Segments

US melanoma market has been segmented on the basis of type (superficial spreading, nodular, lentigo maglina, acral lentigious and others), by gender (male and female), by treatment (immunotherapy, biologic therapy, radiation therapy, chemotherapy, surgery and others), by diagnosis (ABCDE, ugly duckling, biopsy, and others) and by end users (hospitals, pharmaceutical companies, research centers, clinics, laboratories).

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US Melanoma Market – Insights

The increasing prevalence of factors that because melanomas is raising the focus on the development of the market. Increasing exposure to ultraviolet light especially in tanning beds is considered the main cause for the rise in the expansion of the market. The development of relatively effective treatment courses and rising research and development into the treatment of melanomas is anticipated to accelerate the development of the market in the US region in the duration of the forecast period.

Industry Updates:

Nov 2018 NICE has given consent for the use of MSD’s Keytruda on the NHS to treat some patients with melanoma, with funding to come from the Cancer Drugs Fund. The guidelines apply to adults who have the disease that has extended to the lymph nodes and who have already had the surgery to get rid of the tumor and related lymph glands. Keytruda (pembrolizumab) is a kind of immunotherapy that functions by increasing the body's natural defenses to fight cancer. In this setting, it is used to eliminate any cancer left behind after surgery.

US Melanoma Market - Regional Analysis

Melanoma market in the US is divided into states comprising of Georgia, New Jersey, North Carolina, New York, Florida, Illinois, Ohio, Pennsylvania, Texas, Washington, California and, Virginia and Rest of US. California accounts for the largest market for melanoma in US followed by Florida and Ohio. California and Florida are key regions for melanoma market. Large number of melanoma cases are found in this region. New York is the third largest market after Florida. According to American Society of Dermatology, prevalence of melanoma is gradually increasing. and this spreads across the body. Number of skin cancer patients is growing steadily in Florida and Texas. This is due to their exposure to ultraviolet rays and extensive use of tanning beds in these regions. Technological advancement in the field of treatment and diagnosis of melanoma in the US also drives this market. The Food and Drug Administration (FDA) classifies tanning beds as "moderate risk" devices.

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