Press release
Cancer pain market driven by minimally invasive and robotic trocar innovations across general, gynecological, and urological applications.
The global cancer pain market was valued at US$ 7.45 Billion in 2023. The market size reached US$ 7.82 Billion in 2024 and is expected to reach US$ 12.45 Billion by 2033, growing at a CAGR of 5.9% during the forecast period 2025-2033.Cancer Pain Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Cancer Pain Market is a segment of the healthcare industry dedicated to providing pain management solutions for individuals who are experiencing pain as a result of cancer or its treatment. This market is a critical and growing area of healthcare, driven by the increasing global prevalence of cancer, advancements in medical technology, and a greater focus on palliative care and improving patient quality of life.
Industry News of USA and Japan:
✦ United States
➠ Focus on Opioid Alternatives: There is a continued and strong emphasis on developing and implementing non-opioid pain management strategies in the US. This is particularly relevant in the context of the opioid crisis, and recent news and discussions have focused on the use of non-narcotic pain medications after surgeries, especially in areas like gastrointestinal cancer care, to mitigate the risk of opioid dependence.
➠ Clinical Trials and Approvals: Ongoing clinical trials for new cancer therapies are a major part of the news cycle. For example, recent press releases from companies like Astellas Pharma and Pfizer announced positive topline results from trials for new bladder cancer treatments, which, while not directly for pain, impact the overall cancer care landscape. Companies like CytomX Therapeutics are also providing updates on their trials for advanced solid tumors. These developments are directly tied to the need for effective pain management as new treatments become available.
➠ Holistic and Personalized Care: Healthcare news in the US is increasingly highlighting the shift towards a more integrated and supportive approach to pain care. This includes leveraging digital health technologies, such as AI-driven platforms for pain assessment, to provide more personalized and effective treatment plans.
✦ Japan
➠ Partnerships and Regulatory Approvals: Japanese pharmaceutical companies are at the forefront of global R&D. Recent news includes announcements from companies like Daiichi Sankyo, which has been making a number of strategic moves and gaining new approvals for cancer drugs in Japan and other markets. This includes the submission of supplemental new drug applications for new cancer treatments and the initiation of phase 3 trials.
➠ Global Collaborations: There is a significant amount of news related to global partnerships, with Japanese and US companies collaborating on new therapies. A prime example is the joint announcement by Pfizer and Astellas Pharma on the positive results of a clinical trial for a new bladder cancer treatment, which is approved for use in both the US and Japan.
➠ Advanced Drug Delivery: The Japanese market is seeing a push for advanced drug delivery systems, such as transdermal patches and targeted release formulations, to improve the efficacy of pain medication. This aligns with the global trend of reducing side effects and providing more precise pain relief.
✦ Key Players:
CK Life Sciences (WEX Pharmaceuticals Inc.), Mundipharma International, Orexo AB, DAIICHI SANKYO COMPANY, LIMITED., Hisamitsu Pharmaceutical Co., Inc., Pfizer Inc., Grünenthal, Teva Pharmaceutical Industries Ltd., Galena Biopharma, Meda Pharmaceuticals, Vertex Pharmaceuticals Incorporated, and Dogwood Therapeutics, Inc., among others.
Growth Forecast Projected:
The Global Cancer Pain Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Cancer Pain Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Market Segmentation:
➠ By Drug Class: Opioids, NSAIDs, Morphine, Non-Opioids, Nerve Blockers, Others
➠ By Application: Lung Cancer, Colorectal Cancer, Breast Cancer, Prostate Cancer, Blood Cancer, Others.
➠ By Route of Administration: Oral, Parenteral, Others.
➠ By End-User: Hospitals, Homecare, Specialty Clinics, Others.
Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Cancer Pain market?
➠ Who are the leading manufacturers in the global Cancer Pain industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Cancer Pain industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Cancer Pain market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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