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Malignant Mesothelioma Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
The Malignant Mesothelioma Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Malignant Mesothelioma Market Size During the Forecast Period?
In recent times, there has been robust growth in the malignant mesothelioma market size. It is projected to expand from $2.46 billion in 2024 to $2.63 billion in 2025, marking a compound annual growth rate (CAGR) of 6.8%. This growth during the historic period can be linked to a range of factors including an increase in oncology research investments, a spike in asbestos-related litigation cases, increased investments in hospitals, a surge in the elderly population, and the growth of AI-powered drug discovery platforms.
The market for malignant mesothelioma is anticipated to experience robust growth in the forthcoming years, escalating to $3.41 billion by 2029, with a compound annual growth rate (CAGR) of 6.7%. The growth projection for this period is primarily due to the increasing uptake of immunotherapy treatments, growing emphasis on personalized medicine, the upsurge in the use of minimally invasive surgical methods, an increase in healthcare spending, and a surge in clinical trials. The forecast period is set to witness major trends such as progress in immunotherapy, advancements in personalized medicine, initiatives for early detection, development in minimally invasive surgical techniques, and regulatory approvals.
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What Are the High-Growth Segments in the Malignant Mesothelioma Market?
The malignant mesothelioma market covered in this report is segmented -
1) By Treatment Type: Chemotherapy, Radiation Therapy, Surgery, Immunotherapy, Targeted Therapy
2) By Route Of Administration: Oral, Intravenous, Injectable, Topical
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Specialty Pharmacies
4) By End-User: Hospitals, Oncology Clinics, Rehabilitation Centres, Research Laboratories
Subsegments:
1) By Chemotherapy: Alkylating Agents, Antimetabolites, Combination Therapy
2) By Radiation Therapy: External Beam Radiation Therapy (EBRT), Intensity-Modulated Radiation Therapy (IMRT), Stereotactic Body Radiation Therapy (SBRT), Proton Therapy
3) By Surgery: Pleurectomy Or Decortication (P/D), Extrapleural Pneumonectomy (EPP), Cytoreductive Surgery, Palliative Surgery
4) By Immunotherapy: Immune Checkpoint Inhibitors, Monoclonal Antibodies, Tumor Vaccines, Adoptive Cell Therapy
5) By Targeted Therapy: Tyrosine Kinase Inhibitors (TKIs), Angiogenesis Inhibitors, Mesothelin-Targeted Agents, Gene Therapy-Based Approaches
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What Key Drivers Are Expected to Influence Future Malignant Mesothelioma Market Growth?
The growth of the malignant mesothelioma market is anticipated to be propelled by the rising efforts in clinical research and development. Clinical R&D involves the performing of scientific studies and trials, focusing on the creation of new drugs, treatments and medical apparatus. This includes the examination of new products' safety, potential side effects and effectiveness through regulated clinical trials. The escalating clinical research and development efforts can be attributed to the increasing demand for innovated and enhanced treatments, particularly with the alarming increase in chronic diseases and complicated conditions. The research and development initiations enhance the malignant mesothelioma market by promoting swift advancements in diagnostics, treatments, and specific therapies, encouraging new strategies to upgrade early detection, improve survival rates and develop more efficient, less invasive treatment options. As an example, Anadolu Agency, a state-run news agency based in Turkey, reported in January 2025 that clinical trials constitute about 40% of the U.S. pharmaceutical research budget, amounting to roughly $7 billion a year. Consequently, the escalating research and development efforts are contributing to the advancement of the malignant mesothelioma market.
Which Companies Hold the Largest Share Across Different Malignant Mesothelioma Market Segments?
Major companies operating in the malignant mesothelioma market are AstraZeneca, NYU Langone Health, Mayo Foundation for Medical Education and Research, The University of Chicago Medical Center, Ono Pharmaceutical Co., Ltd., Dana-Farber Cancer Institute, UVA Health, PharmaMar, Healthcare Global Enterprises Ltd., Fujirebio Europe, Cancer Healer Center, Rosetta Genomics, Mesothelioma UK, The Mesothelioma Center, Oncoplus, Mesothelioma Research Foundation of America, Pleural Mesothelioma Center
What Trends Are Driving Growth in The Malignant Mesothelioma Market?
Leading businesses in the malignant mesothelioma market are directing their efforts towards the creation of superior treatment alternatives, such as monoclonal antibody therapies, to curb tumor expansion and heighten treatment accuracy. Monoclonal antibodies are synthetic proteins, produced in a lab, that replicate the immune system's function of identifying and combating specific antigens like those present on cancer cells. For instance, Ono Pharmaceutical Co. Ltd., a pharmaceutical enterprise based in Japan, won supplementary approval in Japan in November 2023 for the extended application of Opdivo (nivolumab), a human anti-human PD-1 monoclonal antibody, for malignant mesothelioma treatment (excluding malignant pleural mesothelioma). This endorsement presents Opdivo as a new remedy for this disease, which, until now, had no established standard treatments. Opdivo has been classified as an orphan drug for this application, signifying its potential to meet a critical medical requirement.
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What Are the Emerging Geographies for The Malignant Mesothelioma Market Growth?
North America was the largest region in the malignant mesothelioma market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the malignant mesothelioma market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Malignant Mesothelioma Market?
2. What is the CAGR expected in the Malignant Mesothelioma Market?
3. What Are the Key Innovations Transforming the Malignant Mesothelioma Industry?
4. Which Region Is Leading the Malignant Mesothelioma Market?
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