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Soft Tissue Sarcoma Market 2023 - By Industry Overview, Growth Analysis, Regional Demand, Future Scope And Forecast To 2032
Soft Tissue Sarcoma Market
The Business Research Company's Soft Tissue Sarcoma Global Market Report 2023 identifies surge in cancer incidence as the major driver for the Soft Tissue Sarcoma market's growth in the forecast period. Cancer is a broad category of illnesses that can develop in any organ or tissue in the body when aberrant cells proliferate uncontrollably, cross their usual boundaries, and either spread to other organs or invade neighboring body parts. The rise in cancer incidence increases the need for diagnostic procedures, therapeutic regimens, and supportive care choices to meet the unique requirements of patients with several types of cancer or sarcoma, which boosts the market for soft tissue sarcomas.
The global soft tissue sarcoma market is expected to grow from $2.61 billion in 2022 to $2.87 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 market size of global soft tissue sarcoma is expected to reach $3.95 billion in 2027 at a CAGR of 8.4%.
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Major competitors in the Soft Tissue Sarcoma market are Pfizer Inc., Johnson & Johnson, Roche Holding AG, F. Hoffmann-La Roche Ltd., AbbVie Inc., Bayer AG, Novartis AG, Sanofi SA.
A key trend in the Soft Tissue Sarcoma market includes product innovation. Major companies operating in the soft tissue sarcoma market are concentrating on creating innovative products to strengthen their position in the market. For instance, in February 2020, Epizyme Inc., a US-based biopharmaceutical company, launched Tazverik (tazemetostat), the first EZH2 inhibitor. This inhibitor is applicable to treat adults and children with metastatic or locally advanced epithelioid sarcoma who are ineligible for total resection. TAZVERIK is an enhancer of zest homolog 2 (EZH2) methyltransferase inhibitor.
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The Soft Tissue Sarcoma market is segmented -
• By Treatment: Targeted Therapy, Chemotherapy, Anti-Angiogenesis Drugs, Radiation Therapy, Other Treatments
• By Route of Administration: Oral, Parenteral, Other Route of Administrations
• By End-Users: Hospitals, Homecare, Specialty Centers, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Soft Tissue Sarcoma market.
The Business Research Company's "Global Soft Tissue Sarcoma 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 Soft Tissue Sarcoma Market Include:
1. Executive Summary
2. Soft Tissue Sarcoma Market Characteristics
3. Soft Tissue Sarcoma Market Trends And Strategies
4. Soft Tissue Sarcoma Market - Macro Economic Scenario
5. Global Soft Tissue Sarcoma Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
…………………………………..
32. Global Soft Tissue Sarcoma Market Competitive Benchmarking
33. Global Soft Tissue Sarcoma Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Soft Tissue Sarcoma Market
35. Soft Tissue Sarcoma Market Future Outlook and Potential Analysis
36. Appendix
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