Press release
Oral Cancer Treatment Market 2024: Size, Share, Demand, Trends, Forecast 2033
The new report published by The Business Research Company, titled ""Oral Cancer Treatment Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the oral cancer treatment market size has grown strongly in recent years. It will grow from $1.9 billion in 2023 to $2.04 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The oral cancer treatment market size is expected to see strong growth in the next few years. It will grow to $2.66 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%.
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Rising Tobacco Consumption Fuels Growth In The Oral Cancer Treatment Market
The growing consumption of tobacco is expected to propel the growth of the oral cancer treatment market going forward. Tobacco refers to the leaves of Nicotiana tabacum and other plants in the Nicotiana genus. Tobacco products contain poisonous substances, carcinogens, and nicotine, linked to an increased risk for specific cancers, including oral cancer. For instance, in July 2023, according to a report published by The World Health Organization, a Switzerland-based intergovernmental organization, more than 8 million people are killed by tobacco each year, including 1.3 million non-smokers who inhale second-hand smoke. Further, according to Statistics Canada, a Canada-based government agency, cigarette production increased by 5.8% compared to June 2021. Additionally, the total number of cigarettes sold rose 1.3% from May 2022, reaching 1.4 billion in June 2022. Therefore, the growing tobacco consumption is driving the growth of the oral cancer treatment market.
Increasing Focus On Treatment Innovations To Drive The Revenues
Major companies operating in the oral cancer treatment market are developing innovative treatments, such as CancerDetect, to increase their profitability in the market. CancerDetect is a screening test for mouth and throat cancer. For instance, in August 2022, Viome Life Sciences Inc., a US-based biotechnology company, launched a treatment test called CancerDetect. It is a test for early-stage oral and throat cancer biomarkers that may be performed at home. The CancerDetect test is designed to help detect molecular characteristics linked to oral and throat malignancies, primarily oral squamous cell carcinoma (OSCC) and oropharyngeal squamous cell carcinoma (OPSCC).
The oral cancer treatment market covered in this report is segmented -
1) By Type: Oral Squamous Cell Carcinoma, Oral Verrucous Carcinoma, Mucoepidermoid Carcinoma, Oral Cavity Lymphomas
2) By Therapy Type: Chemotherapy, Radiation Therapy, Biological Therapy
3) By Route of Administration: Oral, Injectable, Other Routes Of Administration
4) By End User: Hospitals, Homecare, Specialty Clinics, Other End Users
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Major companies operating in the oral cancer treatment market report are Pfizer Inc., F. Hoffmann La Roche Ltd., Merck & Co., AbbVie Inc., Novartis AG , Bayer AG, Sanofi-Aventis LLC , Bristol Myers Squibb, AstraZeneca plc, GlaxoSmithKline plc, Eli Lilly and Company, C.H. Boehringer Sohn AG & Co. KG., Viatris Inc., Teva Pharmaceuticals Industries Ltd., MD Anderson Cancer Center, Bausch Health Companies Inc., Memorial Sloan Kettering Cancer Center, Aurobindo Pharma Limited, Cipla Inc., Sun Pharmaceutical Industries Ltd., Lupin Limited, Fred Hutchinson Cancer Research Center, Fresenius Kabi AG, Innovent Biologics Inc., Genentech Inc., Intas Pharmaceuticals Ltd., Ascendis Pharma A/S, Qilu Pharmaceutical Co. Ltd.
Contents of the report:
1. Executive Summary
2. Oral Cancer Treatment Market Report Structure
3. Oral Cancer Treatment Market Trends And Strategies
4. Oral Cancer Treatment Market - Macro Economic Scenario
5. Oral Cancer Treatment Market Size And Growth
…..
27. Oral Cancer Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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