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Laboratory-Produced Molecule In The Hepatocellular Carcinoma Drugs Market Industry Trends Gaining Momentum in the Global Hepatocellular Carcinoma Drugs Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Hepatocellular Carcinoma Drugs Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for drugs used in hepatocellular carcinoma has seen significant expansion in the past few years. The market, which is predicted to rise from $1.16 billion in 2024 to $1.27 billion in 2025, is expected to have a compound annual growth rate (CAGR) of 9.1%. The growth experienced in the historic period can be credited to several factors including a rise in disease occurrence, advancements in cancer-related research, the enhanced global healthcare infrastructure, regulatory endorsements, and initiatives aimed at increasing awareness and early diagnosis.
Hepatocellular Carcinoma Drugs Market Size Forecast: What's the Projected Valuation by 2029?
The market for drugs treating hepatocellular carcinoma is set to experience robust growth in the forthcoming years. It is projected to escalate to an impressive "$1.77 billion by 2029, proliferating at a compound annual growth rate (CAGR) of 8.8%. This predicted expansion during the forecast period is due to factors such as progress in targeted therapies, a rise in the elderly population, trends towards personalized healthcare, and broadening access to treatment on a global scale. Key trends expected to drive the market during the anticipated period include the availability of innovative therapies, a focus on patient-centric care, developments in regulatory protocols, strategies to counter drug resistance, and efforts in collaborative research.
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What Are the Drivers Transforming the Hepatocellular Carcinoma Drugs Market?
The escalating prevalence of hepatocellular carcinoma is projected to boost the expansion of the hepatocellular carcinoma drug market in the upcoming years. Hepatocellular carcinoma (HCC) is a fundamental malignant ailment of the liver and stands as the most prevalent form of liver cancer. It originates from the primary type of liver cells known as hepatocytes. The bulk of HCC cases arise from hepatitis B or C infections, or cirrhosis. With the persistent escalation in the prevalence of hepatocellular carcinoma, there is a growing demand for effective hepatocellular carcinoma medications to combat the disease. For instance, per the 2023 report issued by the American Cancer Society, Inc., a volunteer health organization based in the US striving to eradicate cancer, projected new cases of liver cancer in females diagnosed in the United States saw a rise from 12,660 in 2022 to 13,230 in 2023. Hence, the escalating prevalence of hepatocellular carcinoma is fuelling the expansion of the hepatocellular carcinoma drug market.
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What Long-Term Trends Will Define the Future of the Hepatocellular Carcinoma Drugs Market?
Innovations in monoclonal antibody therapies are gaining traction in the hepatocellular carcinoma drugs market. In October 2022, UK-based AstraZeneca PLC received FDA approval for Imjudo (tremelimumab) in combination with Imfinzi (durvalumab). These treatments block PD-L1 and CTLA-4 to enhance immune system responses against HCC.
Which Segments in the Hepatocellular Carcinoma Drugs Market Offer the Most Profit Potential?
The hepatocellular carcinoma drugs market covered in this report is segmented -
1) By Type: Brachytherapy, Chemotherapy
2) By Drug Class: PD-1/PD-L1 Inhibitors, Tyrosine Kinase Inhibitors
3) By End User: Hospitals, Clinics, Cancer Rehabilitation Centers, Ambulatory Surgical Centers
Subsegments:
1) By Brachytherapy: Radioactive Seed Implants, Balloon-Activated Brachytherapy, SIRT (Selective Internal Radiation Therapy)
2) By Chemotherapy: Systemic Chemotherapy, Targeted Therapy Agents, Combination Chemotherapy Regimens, Adjuvant Chemotherapy
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Which Firms Dominate the Hepatocellular Carcinoma Drugs Market by Market Share and Revenue in 2025?
Major companies operating in the hepatocellular carcinoma drugs market include AbbVie Inc., Amgen Inc., Bayer AG, Bristol-Myers Squibb Company, Eisai Co.Ltd., Eli Lilly and Company, Johnson & Johnson, Merck & Co. Inc., Novartis AG, Pfizer Inc., Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd., F. Hoffmann-La Roche Ltd, Gilead Sciences Inc., Exelixis Inc., Ipsen Pharma Biotech SAS, AstraZeneca plc, BeiGene Ltd., Ono Pharmaceutical Co. Ltd., Roche Holdings AG, Sanofi S.A., Astellas Pharma Inc., Daiichi Sankyo Company Limited, Otsuka Pharmaceutical Co. Ltd., Kyowa Kirin Co. Ltd., Sumitomo Dainippon Pharma Co. Ltd., Hengrui Medicine Co. Ltd., CSPC Pharmaceutical Group Limited, Hutchison China MediTech Limited, Jiangsu Hengrui Medicine Co. Ltd.
Which Regions Offer the Highest Growth Potential in the Hepatocellular Carcinoma Drugs Market?
North America was the largest region in the hepatocellular carcinoma drug market in 2024. The regions covered in the hepatocellular carcinoma drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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