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Melanoma Therapeutics Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
Melanoma Therapeutics Market
The Business Research Company's Melanoma Therapeutics Global Market Report 2023 identifies increasing incidence of melanoma as the major driver for the template market's growth in the forecast period. Melanoma refers to a skin cancer that originates from melanocytes. Melanoma therapeutics are the therapies and drugs used to treat melanoma patients to alleviate cancer. Thus, the increasing incidence of melanoma boosts the sales of melanoma therapeutics.
The global melanoma therapeutics market size is expected to grow from $3.29 billion in 2022 to $3.67 billion in 2023 at a compound annual growth rate (CAGR) of 11.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global melanoma therapeutics market size is expected to reach $5.57 billion in 2027 at a CAGR of 11%.
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Major competitors in the template market are AstraZeneca PLC, Bristol-Myers Squibb Co., Eli Lilly and Company, Merck & Co. Inc., Novartis AG, Hoffmann-La Roche AG, Sanofi S.A., AB Science S.A.
A key trend in the template market includes product innovations. Major companies operating in the melanoma therapeutics market are developing new and innovative therapies to strengthen their position in the market. For instance, in January 2022, Immunocore, a UK-based biotechnology company, developed KIMMTRAK (tebentafusp-tebn) and received approval from the FDA to treat metastatic uveal melanoma. KIMMTRAK is the first and only therapy approved for treating unresectable or metastatic uveal melanoma after a successful phase 3 clinical trial clinically demonstrated an overall survival of almost 22 months. It is a brand-new bispecific protein with anti-CD3 immune-effector activity linked to a soluble T cell receptor. This is the first compound created with Immunocore's ImmTAC technology platform that aims to reroute and activate T lymphocytes so they can identify and eliminate tumor cells.
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The template market is segmented -
• By Drug Type: Monoclonal Antibodies, Small Molecule Inhibitors, Other Drug Types
• By Therapy: Surgery, Radiation Therapy, Immunotherapy, Targeted Therapy, Chemotherapy
• By Route of administration: Oral, Injectable
• By Cancer Type: Superficial Spreading Melanoma, Nodular Melanoma, Lentigno Maligna Melanoma, Acral Lentiginous Melanoma, Amelanotic Melanoma, Other Cancer Types
• By Diagnosis: Dermatoscopy, Entinel Lymph Node Biopsy, Blood Test, X-ray, Ultrasound, CT Scan
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the template market.
The Business Research Company's "Global Melanoma Therapeutics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Melanoma Therapeutics Market Include:
1. Executive Summary
2. Melanoma Therapeutics Market Characteristics
3. Melanoma Therapeutics Market Trends And Strategies
4. Melanoma Therapeutics Market - Macro Economic Scenario
5. Melanoma Therapeutics Market Size And Growth
……........
26. Africa Melanoma Therapeutics Market
27. Melanoma Therapeutics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Melanoma Therapeutics Market
29. Melanoma Therapeutics Market Future Outlook and Potential Analysis
30. Appendix
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• Bristol-Myers Squibb Company
• Abbott Laboratories
• Amgen, Inc.
• Merck & Co., Inc.
• Novartis AG
• F. Hoffmann-La Roche Ltd
• Sanofi S.A.
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