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A Deep Dive into Neuroblastoma Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Neuroblastoma
The growth of the neuroblastoma market is anticipated to be spurred by a heightened occurrence of children's cancer. Childhood cancer encompasses various types of cancer consistently affecting young adults and children, with typical targets being bones, blood, and the brain, requiring focussed treatment methods. The surging numbers of childhood cancer instances can be linked to enhancements in diagnostic techniques, informed awareness, environmental influences, genetic considerations, and progress in medical sciences. Neuroblastoma treatments offer precise remedies for childhood cancer, creating opportunities for more prompt and efficient methods of addressing it, thereby reducing the chances of it recurring and enhancing young patients' survival prospects. For instance, data from the American Cancer Society, a professional organization based in the US, projects that the number of cancer diagnoses among children below 15 years will reach approximately 9,620 in 2024, a significant rise from the 5,290 diagnosed cases in 2023. Consequently, this surge in incidents of childhood cancer is fuelling the expansion of the neuroblastoma market.
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How will the growth rate of the neuroblastoma market shape industry trends by 2034?
In recent times, there has been a significant expansion in the neuroblastoma market. The market is anticipated to increase from $2.97 billion in 2024 to $3.15 billion in 2025, with a compound annual growth rate (CAGR) of 6.1%. The growth pattern witnessed in the historical phase can be linked with an upsurge in neuroblastoma cases, an enhanced focus on research and development relating to pediatric neuroblastoma remedies, a rise in childhood cancer incidents, and increasing financial aid and backing from the government.
In the upcoming years, the neuroblastoma market size is predicted to experience robust growth, escalating to a value of $3.93 billion by 2029 at a compound annual growth rate of 5.7%. The substantial growth during the prediction period is ascribed to factors such as rising governmental funding, growing frequency of the disease, heightened emphasis on early diagnosis, escalating occurrences of genetic alterations, and an expanding comprehension and advancements in research. The forecast period is anticipated to see significant trends including drugs' development that target specific molecular pathways, breakthroughs in non-invasive imaging technologies, progress in gene-editing technologies, a zoomed focus on individualized treatments, and the creation of radiolabeled compounds.
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What trends are poised to drive the future success of the neuroblastoma market?
Pioneering companies in the neuroblastoma market are concentrating their efforts on the development of cutting-edge therapeutic approaches. These include the use of humanized anti-GD2 monoclonal antibodies, which are specifically intended to more effectively and safely target and treat cancer cells. Such an antibody is carefully designed to target the GD2 molecule on cancer cells with minimized immune rejection by integrating human elements. For example, Renaissance Pharma Ltd., a clinical-stage pharmaceutical firm based in the UK, revealed in August 2023 that it had in-licensed Hu14.18K322A (Hu14.18) from St. Jude Children's Research Hospital. This antibody is tailored to treat newly diagnosed high-risk neuroblastoma, a rare and life-threatening paediatric cancer. As per the terms of the agreement, Renaissance now holds exclusive rights to develop, manufacture, and distribute Hu14.18 in critical global markets, such as the United States, Canada, Europe, China, Japan, and Turkey.
Which primary segments of the neuroblastoma market are driving growth and industry transformations?
The neuroblastoma market covered in this report is segmented -
1) By Product Types: Tablets, Vaccines, Other Product Types
2) By Treatment Type: Chemotherapy, Immunotherapy, Other Treatment Types
3) By Distribution Channel: Online, Offline
4) By End-User: Hospitals, Clinics
Subsegments:
1) By Tablets: Oral Chemotherapy Tablets, Targeted Therapy Tablets
2) By Vaccines: Immunotherapy Vaccines, Therapeutic Vaccines
3) By Other Product Types: Injectable Drugs, Monoclonal Antibodies, Cell Therapy Products
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Which geographical regions are pioneering growth in the neuroblastoma market?
North America was the largest region in the neuroblastoma market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the neuroblastoma market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the neuroblastoma market landscape?
Major companies operating in the neuroblastoma market are Pfizer Inc., F. Hoffmann-La Roche Ltd., Eli Lilly and Company, Sartorius AG, Recordati S.p.A, United Therapeutics Corporation, BeiGene Ltd., MacroGenics Inc., Y-mAbs Therapeutics Inc., RedHill Biopharma Ltd., Clarity Pharmaceuticals Ltd., EUSA Pharma (UK) Ltd., US WorldMeds LLC, Healio Inc., Ascentage Pharma, Laboratorio Elea Phoenix S.A, Curis Inc., PersonGen BioTherapeutics (Suzhou) Co. Ltd., Essential Pharma S.A, Cellectar Biosciences Inc., Provectus Biopharmaceuticals Inc.
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What Is Covered In The Neuroblastoma Global Market Report?
•Market Size Forecast: Examine the neuroblastoma market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the neuroblastoma market for a structured understanding.
•Key Players Overview: Analyze major players in the neuroblastoma market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the neuroblastoma market.
•Segment Contributions: Evaluate how different segments drive overall growth in the neuroblastoma market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the neuroblastoma market.
•Industry Challenges: Identify potential risks and obstacles affecting the neuroblastoma market.
•Competitive Landscape: Review strategic developments in the neuroblastoma market, including expansions, agreements, and new product launches.
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