Report Description
Non-small Cell Lung Cancer Therapeutics Market Outlook 2031
The Global Non-Small Cell Lung Cancer Therapeutics Market size was valued at USD 26.20 Billion in 2022 and is likely reach to USD 79.33 Billion by 2031, expanding at a CAGR of 13.1% during the forecast period, 2023–2031. The growth of the market is accredited to the increasing patient population and entry of several drugs for the treatment of lung cancer.
Non-small cell lung cancer (NSCLC) therapeutics is one of the common types of the treatment for cancer since over 90% of the all lung cancer are of non-small cell lung cancer. NSCLC therapeutics focuses on this type of cancer treatment ranging from initial stage to late stage.
Rising incidences of NSCLC across the world due to rising air pollution and smoking habits among a large number of the global population is expected to positively affect the market in the coming years.
As per the estimation by the American Cancer Society, about 223,390 new lung cancer patients were reported in 2016 in the US alone.
The presence of a powerful pipeline for NSCLC treatment and introduction of new drugs for the targeted treatment present key aspects for the market growth in the coming years. For instance, a drug “fruquintinib (HMPL-013)” which was formulated to diagnose advanced NSCLC is in its clinical trial phase.
Moreover, the Merck KGaA developed “Avelumab,” which is presently one of the key drugs in the pipeline. It is a human monoclonal PD-L1 antigen. The development of these advanced diagnosis are one of the key factors for the market expansion.
Market Trends, Drivers, Restraints, and Opportunities
- Growing investment by key market players in R&D activities to enhance and improve NSCLC therapy model is expected to accelerate the market growth.
- Rising incidences of lung cancer across the globe due to high-level of air pollution and changing lifestyle such as increasing number of smokers among the global population is expected to drive the market expansion in the coming years.
- Rapid development of advanced treatments for NSCLC and favorable government policies for the expansion of cancer treatment facilities are expected to boost the market growth during the forecast period.
- High cost of the cancer treatment and lack of accessibility to advanced healthcare facilities for the cancer treatment in remote parts of developing countries are key challenges that can hamper the market expansion.
Scope of Non-small Cell Lung Cancer Therapeutics Market Report
The report on the global non-small cell lung cancer therapeutics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Non-small Cell Lung Cancer Therapeutics Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2022–2031
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Segmentation
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Drugs (Iressa, Alimta, Tarceva, Avastin, Zykadia, Xalkori, Cyramza, Tagrisso, Opdivo, and Alecensa)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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GlaxoSmithKline plc; Novartis International AG; AstraZeneca plc; Eli Lilly and Company; Pfizer Inc.; and F. Hoffmann-La Roche AG.
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Non-small Cell Lung Cancer Therapeutics Market Segment Insights
Alecensa segment is expected to grow at a rapid pace
Based on drugs, the global non-small cell lung cancer therapeutics market is divided into iressa, alimta, tarceva, avastin, zykadia, xalkori, cyramza, tagrisso, opdivo, and alecensa.
The alecensa segment is expected to grow at a rapid pace during the projected period owing to increasing geographical penetration of the drug, rising awareness of advanced drugs for cancer treatment, and progression-free survival rate.
However, the tagrisso segment is anticipated to expand considerably during the forecast period due to latest approvals in several geographical regions and rising demand of the drug.
Non-small Cell Lung Cancer Therapeutics Market Regional Outlook
North America is anticipated to constitute a key market share
In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America accounted for a large share of the market in 2019 and is anticipated to constitute a key market share during the projected period due to presence of a strong pipeline and research activities by various industry players in the region.
The market of Asia Pacific, however, is anticipated to expand at a robust CAGR during the forecast period owing to presence of less stringent regulatory procedures for approval and a large patient pool in the region.
Segments
Drugs
- Iressa
- Alimta
- Tarceva
- Avastin
- Zykadia
- Xalkori
- Cyramza
- Tagrisso
- Opdivo
- Alecensa
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players competing in the global non-small cell lung cancer therapeutics market are GlaxoSmithKline plc; Novartis International AG; AstraZeneca plc; Eli Lilly and Company; Pfizer Inc.; and F. Hoffmann-La Roche AG.
The main market players are continuously engaged in the business development activities such as mergers, acquisitions, research and developments, investments for innovative products, and collaborations to expand their business operations in the market.
For instance, Tagrisso was given approval in Japan for the diagnosis of EGFR T790M mutation-positive recurrent or inoperable NSCLC in March 2016.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Non-small Cell Lung Cancer Therapeutics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Non-small Cell Lung Cancer Therapeutics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Non-small Cell Lung Cancer Therapeutics Market - Supply Chain
4.5. Global Non-small Cell Lung Cancer Therapeutics Market Forecast
4.5.1. Non-small Cell Lung Cancer Therapeutics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Non-small Cell Lung Cancer Therapeutics Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Non-small Cell Lung Cancer Therapeutics Market Absolute $ Opportunity
5. Global Non-small Cell Lung Cancer Therapeutics Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Non-small Cell Lung Cancer Therapeutics Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Non-small Cell Lung Cancer Therapeutics Demand Share Forecast, 2019-2026
6. North America Non-small Cell Lung Cancer Therapeutics Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Non-small Cell Lung Cancer Therapeutics Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Non-small Cell Lung Cancer Therapeutics Demand Share Forecast, 2019-2026
7. Latin America Non-small Cell Lung Cancer Therapeutics Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Non-small Cell Lung Cancer Therapeutics Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Non-small Cell Lung Cancer Therapeutics Demand Share Forecast, 2019-2026
8. Europe Non-small Cell Lung Cancer Therapeutics Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Non-small Cell Lung Cancer Therapeutics Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Non-small Cell Lung Cancer Therapeutics Demand Share Forecast, 2019-2026
9. Asia Pacific Non-small Cell Lung Cancer Therapeutics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Non-small Cell Lung Cancer Therapeutics Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Non-small Cell Lung Cancer Therapeutics Demand Share Forecast, 2019-2026
10. Middle East & Africa Non-small Cell Lung Cancer Therapeutics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Non-small Cell Lung Cancer Therapeutics Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Non-small Cell Lung Cancer Therapeutics Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Non-small Cell Lung Cancer Therapeutics Market: Market Share Analysis
11.2. Non-small Cell Lung Cancer Therapeutics Distributors and Customers
11.3. Non-small Cell Lung Cancer Therapeutics Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. GlaxoSmithKline plc.
11.4.2.
Novartis International AG
11.4.3.
AstraZeneca plc.
11.4.4.
Eli Lilly and Company
11.4.5.
Pfizer Inc.
11.4.6.
F. Hoffmann-La Roche AG