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Rising Demand For Personalized Medicine Fueling The Growth Of The Market Due To Increasing Focus On Tailored Therapeutic Approaches: The Driving Engine Behind Plexiform Neurofibroma Treatment Market Evolution in 2025

07-04-2025 01:52 PM CET | Health & Medicine

Press release from: The Business Research Company

Plexiform Neurofibroma Treatment

Plexiform Neurofibroma Treatment

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Plexiform Neurofibroma Treatment Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size for plexiform neurofibroma treatment has seen robust growth. The expected expansion is from $1.33 billion in 2024 to $1.45 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.5%. The substantial growth from past years can be linked to factors such as the rising occurrence of neurofibromatosis type 1, a heightened global awareness and diagnosis of plexiform neurofibroma, increased research and development investment by pharmaceutical corporations, a growing catalog of innovative drug candidates undergoing clinical trials, and the gradual growth of the healthcare infrastructure.

How Will the Plexiform Neurofibroma Treatment Market Size Evolve and Grow by 2029?
Over the next few years, the plexiform neurofibroma treatment market is predicted to witness substantial expansion, reaching a value of $1.98 billion in 2029 with a compound annual growth rate (CAGR) of 8.2%. This expected growth during the predicted period can be attributed to factors such as growth in healthcare expenses, the implementation of government initiatives that support treatments for uncommon diseases, the proliferation of patient advocacy groups promoting awareness, an increased demand for non-invasive treatment methods, and a rising preference for oral treatments instead of invasive procedures. The forecast period is also expected to see several major trends, including progress in molecular biology that facilitates targeted therapies, the growing use of advanced imaging technologies that aid in early detection, the development of new small molecule inhibitors that target specific pathways, advancements in biotechnology enabling antibody-based therapies, and progress in biomarker research that helps track disease progression.

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What Drivers Are Propelling the Growth of Plexiform Neurofibroma Treatment Market Forward?
The plexiform neurofibroma treatment market is likely to experience significant growth due to the rising demand for personalized medicine. Personalized medicine takes into account a patient's genetic makeup, biological traits and health history to devise the most effective treatment, which is becoming increasingly in demand. This method enhances the efficacy of treatment by marrying it with the patient's distinct genetic and biological footprint resulting in greater patient outcomes and minimized side effects. The escalating requirement for personalized medicine is giving an impetus to plexiform neurofibroma treatment as it supports the design of therapeutic strategies tailored to each patient's unique genetic abnormalities and tumor behavior, increasing treatment precision and successful outcomes. For example, as reported by the Personalized Medicine Coalition, a professional organization based in the US, in February 2024, a whopping 34% of all new therapy approvals were for 12 new personalized medicines, a significant rise from prior years. Hence, the mounting demand for personalized medicine is stimulating the growth of the plexiform neurofibroma treatment market.

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Which Emerging Trends Are Transforming the Plexiform Neurofibroma Treatment Market in 2025?
Top-tier companies active in the plexiform neurofibroma treatment industry are concentrating their efforts on creating innovative solutions such as small-molecule inhibitors in order to augment the success of treatments. Small-molecule inhibitors are lightweight compounds engineered to interact with certain proteins or enzymes and disrupt irregular cellular activities. For instance, SpringWorks Therapeutics, a biopharmaceutical firm based in the United States, revealed in February 2025 that Gomekli, their orally administered small-molecule MEK inhibitor, received the U.S. Food and Drug Administration (FDA) approval. Gomekli is targeted for treating patients aged 2 years and above suffering from neurofibromatosis type 1 (NF1) who have symptomatic plexiform neurofibromas that surgical procedures can't entirely eliminate. Clinical studies found that the tumor size was reduced in 41% of adult and 52% of pediatric patients. The median tumor volume reduction was 41% in adults and 42% in children. Moreover, sustained reactions for a minimum of 12 months were detected in 88% of adults and 90% of children. Almost half of all the patients from both age groups were able to maintain their reaction for a period exceeding 24 months.

What Are the Key Segments in the Plexiform Neurofibroma Treatment Market?
The plexiform neurofibroma treatment market covered in this report is segmented -

1) By Type: Surgery, Radiation Therapy, Chemotherapy, Targeted Therapy
2) By Indication: Pain Management, Tumor Reduction, Functional Restoration
3) By Patient Population: Pediatric, Adult
4) By End User: Hospitals, Clinics, Home Care Settings

Subsegments:
1) By Surgery: Open Surgery, Minimally Invasive Surgery, Robotic Surgery, Laparoscopic Surgery, Cryosurgery, Laser Surgery
2) By Radiation Therapy: External Beam Radiation Therapy (EBRT), Internal Radiation Therapy (Brachytherapy)
3) By Chemotherapy: Alkylating Agents, Antimetabolites, Anti-Tumor Antibiotics, Plant Alkaloids, Topoisomerase Inhibitors, Miscellaneous Agents, Combination Chemotherapy
4) By Targeted Therapy: Monoclonal Antibodies, Small Molecule Inhibitors, Angiogenesis Inhibitors, Tyrosine Kinase Inhibitors, mTOR Inhibitors, PARP Inhibitors, CDK Inhibitors

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Who Are the Key Players Shaping the Plexiform Neurofibroma Treatment Market's Competitive Landscape?
Major companies operating in the plexiform neurofibroma treatment market are Pfizer Inc., Johnson & Johnson, Merck & Co. Inc., Novartis AG, Bristol-Myers Squibb Company, AstraZeneca plc, GSK plc., Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd., Sun Pharmaceuticals Industries Limited, Aurobindo Pharma, Amneal Pharmaceuticals LLC, Endo Pharmaceuticals Inc., Exelixis Inc., Mallinckrodt Plc, SpringWorks Therapeutics, Sangamo Therapeutics Inc., Recursion Pharmaceuticals Inc., Noveome Biotherapeutics Inc., BioXcel Therapeutics Inc.

What Geographic Markets Are Powering Growth in the Plexiform Neurofibroma Treatment Market?
North America was the largest region in the plexiform neurofibroma treatment market in 2024. The regions covered in the plexiform neurofibroma treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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