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Rising Incidence Of Brain Tumors Fuels Growth In The Adult Malignant Glioma Therapeutics Market: An Emerging Driver Transforming The Adult Malignant Glioma Therapeutics Market Landscape
Adult Malignant Glioma Therapeutics
What Is the Projected Growth of the Adult Malignant Glioma Therapeutics Market?
Recent years have seen a swift expansion in the market size for adult malignant glioma therapeutics. The market is projected to swell from $2.25 billion in 2024 to $2.48 billion in 2025, indicating a compound annual growth rate (CAGR) of 10.4%. Factors fueling the growth during the past period include the escalating incidence rates, initiatives championing patient advocacy, and the deployment of personalized medical strategies.
The market size for adult malignant glioma treatments is predicted to witness considerable expansion in the upcoming years. It is anticipated to reach $3.55 billion by 2029, with a compound annual growth rate (CAGR) of 9.4%. This growth during the projected period can be credited to enhancements in immunotherapy, targeted therapies, the discovery of biomarkers, the application of liquid biopsies, and wider access programs. Key trends during this period encompass drug development centered around the patient, fast-tracking and breakthrough designations, progress in drug delivery systems, collective research efforts, and the utilization of artificial intelligence.
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What Are the Different Adult Malignant Glioma Therapeutics Market Segments?
The adult malignant glioma therapeutics market covered in this report is segmented -
1) By Type Of Disease: Glioblastoma Multiforme, Anaplastic Astrocytoma, Anaplastic Oligodendroglioma, Anaplastic Oligoastrocytoma, Other Types
2) By Therapy: Chemotherapy, Targeted Therapy, Radiotherapy, Other Therapies
3) By End-User: Hospitals, Specialty Clinics, Cancer And Radiation Therapy Centers, Other End Users
Subsegments:
1) By Glioblastoma Multiforme: Standard Treatments, Experimental Therapies
2) By Anaplastic Astrocytoma: Chemotherapy Options, Targeted Therapies
3) By Anaplastic Oligodendroglioma: Radiation Therapy, Combination Therapies
4) By Anaplastic Oligoastrocytoma: Surgical Interventions, Adjuvant Therapies
5) By Other Types: Rare Gliomas, Emerging Therapies
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What Are the Primary Drivers Shaping the Adult Malignant Glioma Therapeutics Market?
The rise in brain tumor incidents is anticipated to propel the adult malignant glioma therapeutics market. Brain tumors are abnormal tissue masses where the normal regulation mechanisms of cells seem not to influence their unchecked growth and multiplication. Adult malignant glioma is a brain tumor form that consists of abnormally and uncontrollably expanding cells. The treatment for Adult malignant glioma utilizes a combination of surgery, radiation therapy, and chemotherapy to eradicate brain tumors. For example, data from the American Cancer Society, a nonprofit cancer advocacy organization in the US, indicated an increased number of brain and nervous system cancer cases to 24,810 in 2023 from 23,890 in 2020, equating to a 3.85% growth rate. Consequently, the amplified incidents of brain tumors are steering growth in the adult malignant glioma therapeutics market. Adult Malignant Glioma Therapeutics Market Driver: Boost in Adult Malignant Glioma Therapeutics due to Government Funding
Which Companies Are Leading in the Adult Malignant Glioma Therapeutics Market?
Major companies operating in the adult malignant glioma therapeutics market report are Johnson & Johnson Private Limited, Pfizer Inc., Bio-Rad Laboratories Inc., F. Hoffmann-La Roche Ltd., Allergan PLC, AbbVie Inc., Novartis AG, Bayer AG, Merck & Co Inc., GlaxoSmithKline PLC, Bristol-Myers Squibb Company, Abbott Laboratories, AstraZeneca PLC, Eli Lilly and Company, Amgen Inc., Teva Pharmaceutical Industries Ltd., GT Medical Technologies Inc., Lupin Limited, Mylan NV, Sanofi SA, Bausch Health Companies Inc., Sun Pharmaceutical Industries Ltd., Aurobindo Pharma Limited, Genetech Inc., Amneal Pharmaceuticals LLC, Emcure Pharmaceuticals Limited, Novocure Ltd., Arbour Pharmaceuticals LLC, Basilea Pharmaceuticals Ltd.
What Are the Major Trends Shaping the Adult Malignant Glioma Therapeutics Market?
Significant players in the adult malignant glioma therapeutics market are creating groundbreaking items, such as small molecule targeted degraders, to ensure reliable customer service. A small-molecule targeted degrader is a drug that employs small molecules to promote the degradation of specific proteins by concentrating on the protein of interest (POI) and an E3 ubiquitin ligase. For example, in February 2023, Beactica Therapeutics AB, a precision oncology company situated in Sweden, secured orphan drug designation approval from the U.S. Food and Drug Administration (FDA) for BEA-17 as a treatment for glioblastoma (GBM). BEA-17 is a small-molecule targeted degrader of the epigenetic enzyme LSD1 and its co-factor CoREST, both of which have been implicated in the development of various cancers, including GBM. BEA-17 operates by degrading LSD1 and CoREST, thereby reactivating tumor suppressor genes and inhibiting cancer cell growth.
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What Are the Top Revenue-Generating Geographies in the Adult Malignant Glioma Therapeutics Market?
North America was the largest region in the adult malignant glioma therapeutics market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the adult malignant glioma therapeutics 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 Adult Malignant Glioma Therapeutics Market?
2. What is the CAGR expected in the Adult Malignant Glioma Therapeutics Market?
3. What Are the Key Innovations Transforming the Adult Malignant Glioma Therapeutics Industry?
4. Which Region Is Leading the Adult Malignant Glioma Therapeutics Market?
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