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Malignant Mesothelioma Market| Cisplatin and Combination Segment Projected to be the Second Most Lucrative Segment by Drug Type

02-20-2023 12:09 PM CET | Health & Medicine

Press release from: Persistence Market Research

Malignant Mesothelioma Market

Malignant Mesothelioma Market

Malignant mesothelioma is a rare and aggressive cancer that affects the lining of the lungs, abdomen, or heart. It is primarily caused by exposure to asbestos, a fibrous mineral that was commonly used in construction and manufacturing until the 1980s. The global malignant mesothelioma market is expected to grow significantly over the next decade, driven by a growing awareness of the disease, increasing diagnosis rates, and advancements in treatment options.

Market Size and Trends
According to a report by Persistence Market Research, the global market is estimated to represent close to US$ 160 Million, or more than 45% revenue share of the total Malignant Mesothelioma Market in 2017 and more than US$ 300 Million by the end of the forecast period of 2017-2025, expanding at CAGR of 8.4%.

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https://www.persistencemarketresearch.com/samples/10628

Leading Companies involved in this Research are: AstraZeneca Plc.,Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd., Merck & Co., Inc., Novartis AG, Pfizer Inc., Sanofi, Eli Lilly and Company, Teva Pharmaceuticals, Boehringer Ingelheim GmbH, Mylan N.V., Fresenius Kabi AG, Sun Pharmaceuticals Industries Ltd, Corden Pharma International GmbH, Concordia International Corp, Kyowa Hakko Kirin Co Ltd., Polaris Pharmaceuticals, Inc., MolMed SpA, Ono Pharmaceutical Co. Ltd, Nichi-Iko Pharmaceutical Co., Ltd, Others.

The report cites several factors driving this growth, including:

Increasing incidence of malignant mesothelioma: The incidence of malignant mesothelioma is increasing globally, particularly in developing countries where asbestos use is still common. This is driving demand for new treatment options and diagnostic tools.

Growing awareness of the disease: In recent years, there has been a significant increase in awareness of malignant mesothelioma among the general public, healthcare providers, and policymakers. This has led to greater investment in research and development of new treatments.

Advancements in treatment options: Over the past few years, there have been several new treatment options approved for malignant mesothelioma, including immunotherapy, targeted therapy, and gene therapy. These new therapies offer hope for improved outcomes for patients with this devastating disease.

Malignant Mesothelioma Market Segmentation
The malignant mesothelioma market can be segmented based on several factors, including type, diagnosis, treatment, and geography.

Type: Malignant mesothelioma can be divided into three main types based on the location of the cancer: pleural mesothelioma (lungs), peritoneal mesothelioma (abdomen), and pericardial mesothelioma (heart). Each type presents unique challenges in diagnosis and treatment.

Diagnosis: The Malignant Mesothelioma Market diagnosis includes imaging tests, such as X-rays, CT scans, and MRI scans, as well as laboratory tests, such as blood tests and biopsies. These tests are essential for accurate diagnosis and staging of the disease.

Treatment: The Malignant Mesothelioma Market includes surgery, radiation therapy, chemotherapy, immunotherapy, and targeted therapy. Each treatment option has its own benefits and risks, and the choice of treatment depends on the type and stage of the cancer as well as the patient's overall health.

Geography: The global malignant mesothelioma market can be segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. North America currently dominates the market, followed by Europe, but the Asia-Pacific region is expected to show the fastest growth over the coming years.
Conclusion

The global malignant mesothelioma market is expected to grow significantly over the next decade, driven by increasing incidence of the disease, growing awareness, and advancements in treatment options. While the market remains highly competitive, there is significant opportunity for companies to bring new treatments and diagnostic tools to market and improve outcomes for patients with this devastating disease.
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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