Press release
Ovarian Cancer Market Projected to Reach USD 35.00 Billion by 2034, Growing at a CAGR of 24.1%
Ovarian Cancer Market
Market Preface:
Ovarian cancer is the uncontrolled growth of abnormal cells in the ovaries. The cells proliferate rapidly and can invade and destroy healthy body tissues. Ovarian cancer commences when cells in or proximity to ovaries advance alterations in their DNA. A cell's DNA comprises the directives that command the cells what to do. Mutations in this genetic code cause the cells to grow and divide uncontrollably, forming a tumor.
For premature-phase cancer that has not advanced over the sole avary, surgery may include removing the impacted avary and its fallopian tube. This process may protect the capacity for reproduction. If the cancer is prevalent in both ovaries but there is no indication of further cancer, the surgeon may remove both ovaries and both fallopian tubes. The process saves the uterus so as to have a pregnancy with frozen embryos and eggs.
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Growth Drivers:
Growing Consciousness of Ovarian Cancer: The growing awareness of ovarian cancer is notably driving the market growth. As per the World Cancer Research Fund, ovarian cancer ranked as the eighth most prevalent cancer in women worldwide, with roughly 313000 cases detected in 2020. The growing existence is attributed to factors such as aging population, genetic susceptibility, and lifestyle-related changes involving obesity and hormone replacement therapies, creating a maximized ovarian cancer demand.
Progression of Targeted Therapies: The advancement of targeted therapy, especially poly (ADP-ribose) polymerase (PARP) inhibitors and angiogenesis inhibitors, has fueled the market development. PARP inhibitors, such as olaparib and niraparib, have demonstrated efficacy in patients having BRCA mutations, notably enhancing advancement-free endurance.
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Competitive Landscape:
The competitive landscape of the market is portrayed by an assortment of pharmaceutical firms, biotechnology firms, and academic bodies diligently involved in the research, development, and commercialization of cures and remedies. The list of key companies profiled are:
• AbbVie Inc.
• Amgen Inc.
• AstraZeneca PLC
• Clovis Oncology, Inc.
• Eli Lilly and Company
• GlaxoSmithKline plc
• Janssen Pharmaceuticals
• Merck & Co., Inc.
• Novartis AG
• Roche Holding AG
Ovarian Cancer Industry Developments
November 2024: Researchers at the Wistar Institute Unveil a New Combination Therapy for Metastatic Ovarian Cancer
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Market Segmentation:
The ovarian cancer market segmentation is done on the basis of type, treatment type, end user, and region.
By type analysis, the epithelial ovarian cancer segment held the largest market share in 2024 due to epithelial ovarian cancer. It is frequently detected at a progressive phase because of the dearth of premature indications.
By treatment type analysis, the chemotherapy segment led the market in 2024 due to its established role in both first-line and repeated disease handling.
By Type Outlook (Revenue - USD Billion, 2020-2034)
• Epithelial Ovarian Cancer
• Germ Cell Ovarian Cancer
• Stromal Cell Ovarian Cancer
By Treatment Type Outlook (Revenue - USD Billion, 2020-2034)
• Immunotherapy
• Chemotherapy
• Targeted Therapy
• Surgery
• Others
By End User Outlook (Revenue - USD Billion, 2020-2034)
• Hospitals
• Homecare
• Speciality Centre
• Others
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Regional Analysis:
• North America
o US
o Canada
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Netherlands
o Russia
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Malaysia
o South Korea
o Indonesia
o Australia
o Vietnam
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Israel
o South Africa
o Rest of Middle East & Africa
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
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