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Global Retinoblastoma Treatment Market to Reach $2.7 Billion by 2029, Growing at 5.79% CAGR

03-25-2025 05:51 AM CET | Health & Medicine

Press release from: The Business Research Company

Retinoblastoma Treatment

Retinoblastoma Treatment

What combination of drivers is leading to accelerated growth in the retinoblastoma treatment market?
The growing demand for ophthalmic treatments and surgeries is set to boost the retinoblastoma treatment market. Due to an aging population and advancements in technology, more people are undergoing eye treatments, including those for conditions like cataracts and macular degeneration. Retinoblastoma treatment is essential for addressing cancerous growths in the eye and preserving vision. For instance, in September 2023, the Office for Health Improvement and Disparities reported that over 4.09 million cataract surgeries were performed in England in 2022. This increasing demand for ophthalmic procedures is driving the retinoblastoma treatment market.

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What is the projected compound annual growth rate (CAGR) of the retinoblastoma treatment market from 2025 to 2034, and what factors influence it?
The retinoblastoma treatment market has grown in recent years. It will grow from $2.03 billion in 2024 to $2.16 billion in 2025, reflecting a CAGR of 6.2%. Key drivers include increased funding, better awareness of the disease, early diagnosis, and growth in cancer research.

The retinoblastoma treatment market is projected to grow to $2.7 billion by 2029 at a CAGR of 5.8%. The growth is driven by the increasing demand for ophthalmic treatments, research advancements, and heightened awareness of retinoblastoma. Key trends include medical technology advancements, improved diagnostic capabilities, increased investment in pediatric oncology, and new product approvals.

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How are the latest trends influencing the growth of the retinoblastoma treatment market?
Companies in the retinoblastoma treatment market are focusing on innovative solutions like oncolytic adenoviruses to enhance treatment capabilities. An oncolytic adenovirus is genetically modified to infect and destroy cancer cells while leaving normal cells unaffected. For example, in February 2022, VCN Biosciences, a Spain-based biotechnology company, received orphan drug designation from the FDA for VCN-01, an oncolytic adenovirus aimed at treating retinoblastoma. The treatment, under investigation in clinical trials, has shown promising results in reducing tumors and inducing remission in patients who have failed prior chemotherapy.

What are the major segments of the retinoblastoma treatment market and their role in driving growth?
The retinoblastoma treatment market covered in this report is segmented -

1) By Type: Non-Hereditary Retinoblastoma, Hereditary Retinoblastoma
2) By Treatment Type: Surgery, Radiation Therapy, Laser Therapy (Photocoagulation), Cryotherapy, Thermotherapy, Chemotherapy, Ophthalmic Artery Infusion Chemotherapy, High-Dose Chemotherapy And Stem Cell Transplant
3) By Disease Stage: Intraocular Retinoblastoma, Extraocular Retinoblastoma
4) By Application: Hospitals, Cancer Institutes, Other Applications

Subsegments:
1) By Non-Hereditary Retinoblastoma: Unilateral Non-Hereditary Retinoblastoma, Bilateral Non-Hereditary Retinoblastoma
2) By Hereditary Retinoblastoma: Bilateral Hereditary Retinoblastoma, Unilateral Hereditary Retinoblastoma

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Which regions are key players in the growth of the retinoblastoma treatment market?
North America was the largest region in the retinoblastoma treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the retinoblastoma treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the retinoblastoma treatment market?
Major companies operating in the retinoblastoma treatment market are Johnson & Johnson Services Inc., F. Hoffmann-La Roche AG, Merck & Co. Inc., Sanofi S.A., Bristol-Myers Squibb Company, Novartis AG, Pfizer Inc., GlaxoSmithKline Plc, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Teva Pharmaceutical Industries Ltd., Baxter International Inc., Regeneron Pharmaceuticals Inc., Astellas Pharma Inc., Otsuka Pharmaceutical, Daiichi Sankyo Company, Taiho Pharmaceutical Co. Ltd., Icon Bioscience Inc., Ono Pharmaceutical Co. Ltd., Nippon Shinyaku Co. Ltd., Cadila Pharmaceuticals, Arcus Biosciences Inc., Sheba Medical Center, Cellceutix Corporation, Phio Pharmaceuticals Inc.

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What Is Covered In The Retinoblastoma Treatment Global Market Report?

•Market Size Forecast: Examine the retinoblastoma treatment market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the retinoblastoma treatment market for a structured understanding.
•Key Players Overview: Analyze major players in the retinoblastoma treatment market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the retinoblastoma treatment market.
•Segment Contributions: Evaluate how different segments drive overall growth in the retinoblastoma treatment market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the retinoblastoma treatment market.
•Industry Challenges: Identify potential risks and obstacles affecting the retinoblastoma treatment market.
•Competitive Landscape: Review strategic developments in the retinoblastoma treatment market, including expansions, agreements, and new product launches.

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