Press release
Metastatic Colorectal Cancer Market reached US$ 3.4 billion in 2022 and is expected to reach US$ 4.8 billion by 2031 - Amgen, EMD Serono, Eli Lilly.
The Metastatic Colorectal Cancer Market reached US$ 3.4 billion in 2022 and is expected to reach US$ 4.8 billion by 2031, growing at a CAGR of 4.6% during the forecast period 2024-2031.The Metastatic Colorectal Cancer market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Metastatic colorectal cancer (mCRC) occurs when cancer spreads beyond the colon to other organs, such as the liver, lungs, or lymph nodes. It is an advanced stage of colorectal cancer, requiring aggressive treatment approaches like chemotherapy, targeted therapy, and immunotherapy. Symptoms may include persistent changes in bowel habits, unexplained weight loss, and abdominal pain. Early screening and genetic testing play a vital role in personalized treatment planning. Advances in precision medicine are improving survival rates and quality of life for mCRC patients.
Forecast Growth Projected:
The Global Metastatic Colorectal Cancer Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Metastatic Colorectal Cancer Market:
Amgen, EMD Serono, Eli Lilly, Genentech, Novartis AG, Pfizer Inc., F. Hoffmann-La Roche Ltd, Sanofi, Suzhou Zelgen Biopharmaceuticals, and Taiho Oncology.
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Industry Development:
✔ In August 2023, Taiho Oncology, Inc., and Taiho Pharmaceutical Co., Ltd. announced that the U.S. Food and Drug Administration (FDA) approved LONSURF (trifluridine/tipiracil), either alone or combined with bevacizumab, for treating adult patients with metastatic colorectal cancer (mCRC). This approval is for patients previously treated with fluoropyrimidine-, oxaliplatin-, and irinotecan-based chemotherapy, an anti-VEGF biological therapy, and, if RAS wild-type, an anti-EGFR therapy. This expanded approval offers a valuable option for mCRC patients who have exhausted standard therapies.
Research Methodology
Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.
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Segment Covered in the Metastatic Colorectal Cancer Market:
➥ By Treatment: Chemotherapy, Targeted Therapies, Immunotherapies, Monotherapy and Combination Therapy, Others.
➥ By Drug class: Anti-EGFR (Epidermal Growth Factor Receptor) Inhibitors, Anti-VEGF (Vascular Endothelial Growth Factor) Therapies, Anti-HER2 (Human Epidermal Growth Factor Receptor 2) Therapies, Immune Checkpoint Inhibitors, Others.
➥ By End-user: Hospitals, Cancer Centers, Ambulatory Surgical Centers, Others.
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Regional Analysis for Metastatic Colorectal Cancer Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Metastatic Colorectal Cancer market?
➠ Who are the global key manufacturers of the Metastatic Colorectal Cancer Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Metastatic Colorectal Cancer market opportunities and threats faced by the vendors in the global Metastatic Colorectal Cancer Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Metastatic Colorectal Cancer market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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