Press release
Desmoplastic Small Round Cell Tumor Treatment Market Poised for 8.3 % Growth, Set to Hit $2.1 Billion by 2029
How Is the Desmoplastic Small Round Cell Tumor Treatment Market Projected to Grow, and What Is Its Market Size?_x000D_In recent times, there has been a robust growth in the market size for treatment of desmoplastic small round cell tumor. Forecasts suggest an expansion from $3.7 billion in 2024 to $4.02 billion in 2025, displaying an annual growth rate of 8.6%. Factors contributing to this growth during the historic period include surge in rare cancer awareness, increase in clinical trials, funding enhancement for rare cancer studies, improved accessibility of advanced diagnostic tools, along with the evolution in immunotherapies and gene therapies._x000D_
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The market for desmoplastic small round cell tumor treatment is set to experience robust growth in the coming years. The market is predicted to expand to $5.53 billion by 2029, with a compound annual growth rate (CAGR) of 8.3%. The anticipated growth in the forecasted period could be due to the increase in specialized treatment centres, customised medicine, the increasing application of combined therapies, burgeoning drug approvals, and escalated spending on cancer treatment. Notable trends expected during this period are the adoption of targeted therapies, incorporation of cutting-edge diagnostics, introduction of personalized medicine, advancements in gene altering technologies, and the evolution of improved drug delivery systems._x000D_
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What Are the Key Drivers Behind the Growth of the Desmoplastic Small Round Cell Tumor Treatment Market?_x000D_
The surge in interest of personalized medicine is projected to fuel the rise of the desmoplastic small round cell tumor treatment market. Personalized medicine seeks to adapt healthcare based on the unique genetic profile, lifestyle, and environment of a patient. Techniques like pharmacogenomics, targeted therapies, and gene editing are employed to offer more accurate and effective treatments. Advancements in genomics, improved patient outcomes, and possibilities for more targeted treatments are promoting an increased focus on personalized medicine. This focus aids in effectively treating desmoplastic small round cell tumor (DSRCT) by formulating therapies that match the specific genetic and molecular profile of the tumor, enabling targeted treatments that amplify efficacy and minimize side effects. As per the data from the Personalized Medicine Coalition, a professional membership organization based in the U.S., in 2022, the authorization of 12 new personalized medicines accounted for approximately 34% of all newly approved therapies, exhibiting a significant rise from previous years. Thus, the spotlight on personalized medicine is promoting the growth of the desmoplastic small round cell tumor treatment market. The escalation of investment in oncology research is anticipated to push the growth of the desmoplastic small round cell tumor treatment market ahead. The investment in oncology research is mounting due to the increasing global incidence of cancer, developments in precision medicine, and the escalating need for new treatments and therapies to elevate patient outcomes. Oncology research contributes to the treatment of desmoplastic small round cell tumors by enhancing the understanding of the tumor's biology and encourages the development of targeted therapies and advanced treatment protocols that ameliorate patient outcomes. This is corroborated by the National Cancer Institute based in the U.S. that reported in June 2024, a budget of approximately $6.8 billion for the fiscal year 2022, showing a 5.7% escalation from the previous year. Hence, the augmenting investment in oncology research is driving the desmoplastic small round cell tumor treatment market._x000D_
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Who Are the Major Industry Players Fueling Desmoplastic Small Round Cell Tumor Treatment Market Expansion?_x000D_
Major companies operating in the desmoplastic small round cell tumor treatment market are Pfizer Inc., Johnson & Johnson Services Inc., F. Hoffmann-La Roche AG, Merck & Co. Inc., AbbVie Inc., Bayer AG, Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca PLC, Novartis AG, Fresenius Kabi AG, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Gilead Sciences Inc., Amgen Inc., GlaxoSmithKline plc (GSK), Teva Pharmaceutical Industries Ltd., Regeneron Pharmaceuticals Inc., Aurobindo Pharma Limited, Hikma Pharmaceuticals PLC, Zymeworks Inc., Blueprint Medicines Corporation, MacroGenics Inc., Exelixis Inc._x000D_
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How Is the Segmentation of the Desmoplastic Small Round Cell Tumor Treatment Market Defined?_x000D_
The desmoplastic small round cell tumor treatmentmarket covered in this report is segmented -_x000D_
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1) By Type: Immunotherapy, Surgical Operation, Chemotherapy, Radiotherapy_x000D_
2) By Drug Class: Cytotoxic Agents, Targeted Therapies, Immunomodulators_x000D_
3) By End User: Hospitals, Oncology Clinics, Ambulatory Surgical Centers_x000D_
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Subsegments:_x000D_
1) By Immunotherapy: Checkpoint Inhibitors, CAR T-Cell Therapy, Monoclonal Antibodies, Immune Modulators_x000D_
2) By Surgical Operation: Tumor Resection, Debulking Surgery, Laparoscopic Surgery_x000D_
3) By Chemotherapy: Neoadjuvant Chemotherapy, Adjuvant Chemotherapy, Targeted Therapy Agents_x000D_
4) By Radiotherapy: External Beam Radiation Therapy (EBRT), Brachytherapy, Stereotactic Radiosurgery (SRS)_x000D_
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What Is the Leading Region in the Desmoplastic Small Round Cell Tumor Treatment Market?_x000D_
North America was the largest region in the desmoplastic small round cell tumor treatment market in 2024. The regions covered in the desmoplastic small round cell tumor treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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What Is Covered In The Desmoplastic Small Round Cell Tumor Treatment Global Market Report?_x000D_
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- Market Size Analysis: Analyze the Desmoplastic Small Round Cell Tumor Treatment Market size by key regions, countries, product types, and applications._x000D_
- Market Segmentation Analysis: Identify various subsegments within the Desmoplastic Small Round Cell Tumor Treatment Market for effective categorization._x000D_
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape._x000D_
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market._x000D_
- Market Contribution: Evaluate contributions of different segments to the overall Desmoplastic Small Round Cell Tumor Treatment Market growth._x000D_
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers._x000D_
- Industry Challenges: Analyze challenges and risks affecting the Desmoplastic Small Round Cell Tumor Treatment Market._x000D_
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market._x000D_
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