Press release
Pancreatic Cancer Market Growth, Trends & Forecast 2024-2031 | Top key players - Myriad Genetics Inc., Pfizer Inc., Novartis AG.
The Global Pancreatic Cancer Market reached US$ 2.5 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 5.7 billion by 2030. The global Pancreatic Cancer market is expected to exhibit a CAGR of 11.1% during the forecast period (2024-2031).Pancreatic Cancer Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it 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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The Pancreatic Cancer Market focuses on the development of treatments, therapies, and diagnostic tools for pancreatic cancer, a highly aggressive and often late-diagnosed cancer. It includes a range of pharmaceutical drugs, immunotherapies, targeted therapies, and diagnostic technologies aimed at improving survival rates and quality of life. This market is driven by increasing research and advancements in cancer care.
List of the Key Players in the Pancreatic Cancer Market:
Myriad Genetics Inc., Pfizer Inc., Novartis AG, Bristol-Myers Squibb Company, AstraZeneca PLC, Amgen Inc., Viatris Inc., Boston Scientific Corporation, Clovis Oncology, and GlaxoSmithKline among Others.
Industry Development:
In October 2022, Erasca, a biopharmaceutical company, extended its collaboration with Pfizer to evaluate ERAS-007 in combination with Pfizer's Ibrance (palbociclib). The collaboration focuses on clinical proof-of-concept research as part of an extended clinical trial collaboration and supply agreement. The drug combination will be tested on patients with colorectal cancer who have mutations in the NRAS and KRAS genes, as well as those with pancreatic ductal adenocarcinoma who have mutations in the KRAS gene. The study aims to assess the potential efficacy of this combination in these specific patient populations.
Growth Forecast Projected:
The Global Pancreatic 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.
Research Process:
Both primary and secondary data sources have been used in the global Pancreatic Cancer Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Pancreatic Cancer Market:
By Treatment Type: Targeted Therapies, Chemotherapy, Surgery, Other Treatments.
By End-user: Hospitals, Specialty Clinics, Home care, Others.
Regional Analysis for Pancreatic Cancer Market:
The regional analysis of the Pancreatic Cancer Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ 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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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Pancreatic Cancer market?
➠ Who are the leading manufacturers in the global Pancreatic Cancer industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Pancreatic Cancer industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Pancreatic Cancer market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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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.
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