Press release
Pancreatic Cancer Market Set to Surge Amid Breakthrough Therapies and Rising Global Demand by 2033 | Leading 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).The Pancreatic Cancer Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Pancreatic Cancer Market encompasses the diagnosis, treatment, and management solutions for pancreatic malignancies, including surgery, chemotherapy, radiation, and targeted therapies. It includes pharmaceutical drugs, diagnostic imaging, biomarkers, and supportive care services. Driven by rising incidence rates, technological advancements, and increasing R&D investment, the market is expanding globally, with a focus on early detection and improved patient outcomes.
Prominent Industry players in the Pancreatic Cancer Market
The prominent players in Pancreatic Cancer market research report are: 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.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry News:
In October 2022, Erasca extended its existing collaboration with Pfizer to evaluate the combination of ERAS-007 and Ibrance® (palbociclib) under a clinical trial collaboration and supply agreement. The expanded partnership aims to conduct clinical proof-of-concept studies testing the combination therapy in patients with colorectal cancer harboring NRAS or KRAS mutations, as well as in those with pancreatic ductal adenocarcinoma with KRAS mutations.
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Market Segments
By Treatment Type: Targeted Therapies, Chemotherapy, Surgery, Other Treatments.
By End-user: Hospitals, Specialty Clinics, Home care, Others.
The Pancreatic Cancer industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered:
The global Pancreatic Cancer Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Pancreatic Cancer Market?
✒ Who are the prominent players in the Pancreatic Cancer Market?
✒ How is the regulatory landscape affecting the Pancreatic Cancer Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Pancreatic Cancer Market?
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