Press release
Non-Small Cell Lung Cancer Market Size Poised for Significant Growth, Anticipated to Hit USD 36.9 billion by 2031
Non-small cell lung cancer is caused when the cells present in the body grow at an uncontrolled rate, leading to the formation of a tumor. NSCLC has different stages based on its progression. STAGE IV is the final stage of the disease, which is marked by the spreading of tumors into others parts of body. The management of NSCLC in patients requires the use of different treatments, such as immunotherapy, targeted therapy, and chemotherapy. Increased use of tobacco, excessive exposure to pollution, and higher number of R&D activities to develop cancer therapeutics are some of the major non small cell lung cancer market trends๐๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐๐จ๐ซ ๐ง๐จ๐ง-๐ฌ๐ฆ๐๐ฅ๐ฅ ๐๐๐ฅ๐ฅ ๐ฅ๐ฎ๐ง๐ ๐๐๐ง๐๐๐ซ ๐ญ๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ?
Allied Market Research has published a study report with the title Non-Small Cell Lung Cancer Market Size was Valued at ๐๐๐ ๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐ and is Projected to Garner ๐๐๐ ๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, registering a ๐๐๐๐ ๐จ๐ ๐.๐% from 2022 to 2031.
Covid-19 Scenario
โข The outbreak of the Covid-19 pandemic had a negative impact on the global non-small cell lung cancer market, owing to decrease in number of patients diagnosed with non-small cell lung cancer during the lockdown.
โข Also, disruption in supply chain during the pandemic resulted in shortage of therapeutics, thereby hampering the market growth.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/request-sample/666
Prime determinants of growth
Rise in prevalence of lung cancer occur in people who smoke and consume tobacco drive the growth of the global non small cell lung cancer market. However, high-cost expenditure in the treatment of non-small cell lung cancer and stringent government rules for product approval restrict the market growth. Moreover, widespread use of sneakers in numerous environments and a large consumer base including fitness & gym visitors, athletes, and rock climbers, present new opportunities in the coming years
๐๐จ๐ฉ ๐๐จ๐ง-๐๐ฆ๐๐ฅ๐ฅ ๐๐๐ฅ๐ฅ ๐๐ฎ๐ง๐ ๐๐๐ง๐๐๐ซ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
โข F. Hoffmann-La Roche Ltd,
โข Novartis AG,
โข Pfizer Inc.,
โข Astrazeneca,
โข Eli Lilly and Company,
โข Merck & Co., Inc.,
โข Bristol-Myers Squibb Company,
โข Celgene Corporation,
โข Sanofi,
โข Boehringer Ingelheim
๐๐จ๐ง-๐๐ฆ๐๐ฅ๐ฅ ๐๐๐ฅ๐ฅ ๐๐ฎ๐ง๐ ๐๐๐ง๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ง ๐๐ ๐๐จ๐ง๐ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ฌ๐๐ฏ๐๐ซ๐๐ฅ ๐๐๐๐ญ๐จ๐ซ๐ฌ, ๐ข๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ :
By Type
โข Squamous Cell Carcinoma
โข Large Cell Carcinoma
โข Others
โข Adenocarcinoma
By Treatment Type
โข Chemotherapy
โข Targeted Therapy
โข Immunotherapy
By Distribution Channel
โข Hospital Pharmacy
โข Drug Store and Retail Pharmacy
โข Online Pharmacy
Based on region, North America held the highest market share in terms of revenue in 2021, accounting for around two-fifths of the global nonsmall cell lung cancer market, and is likely to dominate the market during the forecast period, owing to the presence of key players, rising government initiatives, well-developed healthcare infrastructure, and rising awareness about the innovations in the healthcare sector. However, the Asia-Pacific region is expected to witness the fastest CAGR of 10.5% from 2022 to 2031, owing to the investments by the public and private market players in this field.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/666
KEY FINDINGS OF THE STUDY
โข By treatment type, the targeted therapy segment dominated the market in 2021 and the immunotherapy segment is expected to grow at the highest CAGR during the forecast period.
โข By type, the adenocarcinoma segment dominated the market in 2021 and the large cell carcinoma segment is expected to grow at the highest CAGR during the forecast period.
โข By distribution channel, the hospital pharmacy segment held the largest non-small cell lung cancer market share in 2021 and the online pharmacy segment is expected to grow at the highest CAGR during the forecast period.
โข By region, North America dominated of the nonsmall cell lung cancer market size in 2021. Asia-Pacific is anticipated to grow at the highest rate during the analysis period, followed by LAMEA.
Our Market Research Solution Provides You Answer to Below Mentioned Question:
โข Which are the driving factors responsible for the growth of market?
โข Which are the roadblock factors of this market?
โข What are the new opportunities, by which market will grow in coming years?
โข What are the trends of this market?
โข Which are main factors responsible for new product launch?
โข How big is the global & regional market in terms of revenue, sales and production?
โข How far will the market grow in forecast period in terms of revenue, sales and production?
โข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โข Which region has more opportunities?
By Region Outlook
โข North America
(U.S., Canada, Mexico)
โข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Top Trending Report:
โข MRI Coils Market: https://www.alliedmarketresearch.com/mri-coils-market-A14839
โข Ambulance Services Market- https://www.alliedmarketresearch.com/ambulance-services-market-A31884
โข Lab Information Management System Market: https://www.alliedmarketresearch.com/lab-information-management-systems-market-A53480
โข Healthcare Staffing Market:https://www.alliedmarketresearch.com/healthcare-staffing-market-A31394
Contact Details:
David Correa
USA/Canada (Toll-Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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