Press release
Strong Growth Ahead: Anaplastic Astrocytoma Market Size To Grow At Arecord 7% Cagr By 2029
Anaplastic Astrocytoma
How Big Is the Anaplastic Astrocytoma Market Size Expected to Be by 2034?
In the past few years, the anaplastic astrocytoma market has seen robust growth. Its size is projected to increase from $0.44 billion in 2024 to $0.47 billion in 2025, with a compound annual growth rate (CAGR) of 7.8%. The market's expansion during the historical period can be credited to the rising adoption of targeted therapies, increased patient advocacy and awareness, expansion of clinical trials, healthcare policy and funding, along with government initiatives.
In the coming years, significant expansion is projected in the market size of anaplastic astrocytoma. With a compound annual growth rate (CAGR) of 7.0%, it's predicted to reach $0.62 billion by 2029. The growth during this forecast period can be credited to the increase in R&D efforts, the rising demand for personalized medications, growing investments, increased awareness about the disease, and increased levels of stress and depression. Leading trends during this period will include neurosurgery advancements, improvements in radiation therapy, clinical research and trials, the implementation of telemedicine and remote monitoring technologies, and advancements in imaging, biotechnology, and drug development.
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What Are the Emerging Segments Within the Anaplastic Astrocytoma Market?
The anaplastic astrocytoma market covered in this report is segmented -
1) By Disease Type: Grade I, Grade II, Grade III, Grade IV
2) By Treatment Type: Surgery, Chemotherapy, Radiation
3) By Treatment Phase: Pre-Registration Phase, Clinical Trial Phase
4) By End-User: Hospitals And Clinics, Retail Pharmacy, Online Pharmacy
Subsegments:
1) By Grade I: Pilocytic Astrocytoma
2) By Grade II: Diffuse Astrocytoma, Oligodendroglioma
3) By Grade III: Anaplastic Astrocytoma, Anaplastic Oligodendroglioma
4) By Grade IV: Glioblastoma Multiforme (GBM), Primary Glioblastoma, Secondary Glioblastoma
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What Long-Term Drivers Are Shaping Anaplastic Astrocytoma Market Trends?
An increase in primary malignant and benign brain tumors is anticipated to spur the growth of the anaplastic astrocytoma market. These brain tumors can either be invasive and cancerous or benign, non-invasive, and present various levels of aggression and spreading potential. The treatment of anaplastic astrocytoma involves eliminating the tumor and the affected tissue around it while maintaining the functioning of the brain. For instance, as per the American Society of Clinical Oncology (ASCO), a non-profit organization based in the US, around 24,810 adults are predicted to be diagnosed with primary cancerous tumors in the brain and spinal cord in March 2023. Of these, 14,280 are expected to be men and 10,530 women. Hence, the increasing occurrence of primary malignant and benign brain tumors will propel the anaplastic astrocytoma market's growth. Anaplastic Astrocytoma Market Driver: Government Funding Fuels the Anaplastic Astrocytoma Market's Growth
Who Are the Top Competitors in Key Anaplastic Astrocytoma Market Segments?
Major companies operating in the anaplastic astrocytoma market are Pfizer Inc., Hoffmann-La Roche Ltd., Merck & Co. Inc., Novartis AG, Amgen Inc., Teva Pharmaceutical Industries Ltd., Mylan N.V., Eisai Co. Ltd., Boehringer Ingelheim International GmbH, Perrigo Company PLC, Ipsen SA, Genentech Inc., Cipla Limited, Novocure Ltd., Celon Laboratories Limited, Avid Bioservices Inc., EirGen Pharma Ltd., Monteris Medical Corporation, GLS Pharma Pvt. Ltd., Tocagen Inc., Pharma's Almanac, Inovio Pharmaceuticals Inc., Isarna Therapeutics GmbH, Actiza Pharmaceutical Private Limited, Celldex Therapeutics Inc.
What Anaplastic Astrocytoma Market Trends Are Gaining Traction Across Different Segments?
Leading firms in the anaplastic astrocytoma market are stepping up their game and developing new treatment alternatives in order to increase effectiveness, reduce adverse effects and enhance patient outcomes. One example of this is the approval in June 2022 by the U.S. Food and Drug Administration, a federal agency in the U.S., for the innovative combination therapy involving the oral drugs dabrafenib (Tafinlar) and trametinib (Mekinist) for advanced brain tumors carrying the BRAF V600E mutation. The green light is for adult and pediatric patients having high- and low-grade gliomas, which have advanced after earlier treatments. The BRAF V600E mutation is common among different glioma types like low-grade gliomas, PXA (pleomorphic xanthoastrocytomas), gangliogliomas and pilocytic astrocytoma. The Tafinlar-Mekinist combination therapy received approval based on clinical trials showing tumor reduction benefits for both adult and pediatric glioma patients. The results of the trial showed a 33% response rate in patients with high-grade glioma, a 50% response rate in those with low-grade glioma, and a 25% response rate in pediatric glioma patients.
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Which Regions Are Becoming Hubs for Anaplastic Astrocytoma Market Innovation?
North America was the largest region in the anaplastic astrocytoma market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in anaplastic astrocytoma market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Anaplastic Astrocytoma Market?
2. What is the CAGR expected in the Anaplastic Astrocytoma Market?
3. What Are the Key Innovations Transforming the Anaplastic Astrocytoma Industry?
4. Which Region Is Leading the Anaplastic Astrocytoma Market?
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