Press release
Steady Expansion Forecast for Malignant Mesothelioma Market, Projected to Reach $3.32 Billion by 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Malignant Mesothelioma Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market valuation for malignant mesothelioma has experienced robust expansion across recent years, projected to increase from $2.46 billion in 2024 to $2.61 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.9%. This historical period's upward trajectory is attributable to several key factors, specifically augmented financial commitments toward oncology investigations, a surge in legal proceedings related to asbestos exposure, escalating capital expenditure in healare facilities, the demographic shift toward an older populace, and burgeoning adoption of artificial intelligence-powered methods for pharmaceutical discovery.
Malignant Mesothelioma Market Size Forecast: What's the Projected Valuation by 2029?
Prognosticating robust expansion, the malignant mesothelioma sector's monetary scale is anticipated to reach $3.32 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 6.3% throughout the foroming period, a surge fueled by expanding uptake of immunotherapy modalities, heightened concentration on tailored patient care, increased employment of surgical interventions requiring minimal invasion, escalating outlays in healare, and a greater volume of ongoing clinical investigations; simultaneously, significant shifts shaping this market encompass progress in immunotherapy applications, the refinement of personalized medical approaches, initiatives aimed at earlier disease identification, evolutionary strides in less invasive surgical methods, and the securing of subsequent regulatory endorsements.
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What Are the Drivers Transforming the Malignant Mesothelioma Market?
Anticipated growth in the malignant mesothelioma sector is set to be fueled by escalating clinical investigation and development activities.This undertaking, encompassing scientific studies and trials aimed at creating novel pharmaceuticals, therapeutic modalities, and medical apparatus, involves scrutinizing new product safety profiles, effectiveness, and possible adverse reactions via meticulously managed clinical testing.The surge in these research and development endeavors stems from an expanding need for superior and innovative remedies, principally given the increasing incidence of persistent illnesses and intricate health challenges.These research and development initiatives propel the mesothelioma domain forward by hastening progress in diagnostic methods, therapeutic interventions, and personalized treatments, thereby cultivating inventive strategies aimed at refining early identification, boosting patient longevity, and formulating therapies that offer greater efficacy with reduced invasiveness.As an illustration, January 2025 data reported by Anadolu Agency, a state-controlled news organization based in Turkey, indicated that clinical trials account for almost forty percent of the pharmaceutical research expenditure in the United States, amounting to roughly seven billion dollars yearly.Consequently, the heightened commitment to research and development is directly contributing to the expansion witnessed within the malignant mesothelioma market.
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What Long-Term Trends Will Define the Future of the Malignant Mesothelioma Market?
Leading firms within the malignant mesothelioma sector are putting their efforts into creating sophisticated therapeutic modalities, notably monoclonal antibody therapies, aiming to suppress tumor proliferation and enhance treatment accuracy. These monoclonal antibodies constitute proteins engineered in a lab designed to replicate the body's immune capabilities in identifying and zeroing in on particular antigens present on cancerous cells. To illustrate this progress, in the month of November 2023, Ono Pharmaceutical Co. Ltd., a company headquartered in Japan, secured additional authorization within Japan for widening the application of Opdivo (nivolumab), which is a human anti-human PD-1 monoclonal antibody utilized in managing malignant mesothelioma (excluding its pleural form). This regulatory clearance establishes Opdivo as a novel recourse for this ailment, in instances where established standard therapies were previously absent. Furthermore, Opdivo was granted orphan drug status for this specific usage, underscoring its significant promise in satisfying an unmet clinical demand.
Which Segments in the Malignant Mesothelioma Market Offer the Most Profit Potential?
The malignant mesotheliomamarket covered in this report is segmented -
1) By Treatment Type: Chemotherapy; Radiation Therapy; Surgery; Immunotherapy; Targeted Therapy
2) By Route Of Administration: Oral; Intravenous; Injectable; Topical
3) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies; Specialty Pharmacies
4) By End-User: Hospitals; Oncology Clinics; Rehabilitation Centres; Research Laboratories
Subsegments:
1) By Chemotherapy: Alkylating Agents; Antimetabolites; Combination Therapy
2) By Radiation Therapy: External Beam Radiation Therapy (EBRT); Intensity-Modulated Radiation Therapy (IMRT); Stereotactic Body Radiation Therapy (SBRT); Proton Therapy
3) By Surgery: Pleurectomy Or Decortication (P/D); Extrapleural Pneumonectomy (EPP); Cytoreductive Surgery; Palliative Surgery
4) By Immunotherapy: Immune Checkpoint Inhibitors; Monoclonal Antibodies; Tumor Vaccines; Adoptive Cell Therapy
5) By Targeted Therapy: Tyrosine Kinase Inhibitors (TKIs); Angiogenesis Inhibitors; Mesothelin-Targeted Agents; Gene Therapy-Based Approaches
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Which Firms Dominate the Malignant Mesothelioma Market by Market Share and Revenue in 2025?
Major companies operating in the malignant mesothelioma market are AstraZeneca, NYU Langone Health, Mayo Foundation for Medical Education and Research, The University of Chicago Medical Center, Ono Pharmaceutical Co., Ltd., Dana-Farber Cancer Institute, UVA Health, PharmaMar, Healare Global Enterprises Ltd., Fujirebio Europe, Cancer Healer Center, Rosetta Genomics, Mesothelioma UK, The Mesothelioma Center, Oncoplus, Mesothelioma Research Foundation of America, Pleural Mesothelioma Center
Which Regions Offer the Highest Growth Potential in the Malignant Mesothelioma Market?
North America was the largest region in the malignant mesothelioma market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the malignant mesothelioma market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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