Overview and Scope
Glioma treatment refers to a treatment that reduces symptoms, removes and control the tumor and limits long-term damage to the brain or spinal cord. They are used to kills any glioma cells that might remain after surgery.
Sizing and Forecast
The glioma treatment market size has grown strongly in recent years. It will grow from $4.7 billion in 2023 to $5.03 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to risen incidence of gliomas, advancements in molecular understanding, evolution of standard therapies, clinical trials and research progress, improved imaging and diagnostic techniques.
The glioma treatment market size is expected to see strong growth in the next few years. It will grow to $6.4 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to personalized therapies and biomarker discovery, immunotherapeutic advancements, integration of targeted therapies, emergence of novel therapeutic platforms, collaborative research initiatives. Major trends in the forecast period include blood-brain barrier penetrating agents, liquid biopsy for monitoring, focus on quality of life and supportive care, genetic and molecular subtyping, patient advocacy and involvement.
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Segmentation & Regional Insights
The glioma treatment market covered in this report is segmented –
1) By Type: Low-Grade, High-Grade
2) By Disease: Glioblastoma Multiforme, Anaplastic Astrocytoma, Anaplastic Oligodendroglioma, Other Diseases
3) By Route Of Administration: Oral, Parenteral, Other Routes
4) By Treatment: Surgery, Radiation Therapy, Chemotherapy, Targeted Drug Therapy, Other Treatments
5) By End-User: Hospitals, Specialty Clinics, Other End Users
North America was the largest region in the glioma treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global glioma treatment market report during the forecast period. The regions covered in the glioma treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rise in brain and CNS tumor incidence is expected to propel the growth of the glioma treatment market going forward. Brain and spinal cord tumors are uncontrolled masses of abnormal brain or central nervous systems. Glioma treatment is used in brain and spinal cord cancer to destroy any remaining cancer cells or parts of the tumor after surgery. For instance, in August 2021, according to the American Cancer Society, a US-based non-profit organization dedicated to eliminating cancer, it is estimated that 24,530 malignant tumors and 59,040 nonmalignant tumors will be identified with brain and other CNS cancers in the United States in 2021, accounting for 83,570 cases, and 18,600 deaths from the disease. Therefore, the rise in the incidence of brain and spinal cord tumors is driving the growth of the glioma treatment market.
Key Industry Players
Major companies operating in the glioma treatment market report are Merck & Co Inc., Amgen Inc., F Hoffmann-La Roche AG, Pfizer Inc., Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., Arbor Pharmaceuticals LLC, Amneal Pharmaceuticals Inc., Karyopharm Therapeutics Inc., Bristol-Myers Squibb Co., Rigel Pharmaceuticals Inc., Sumitomo Dainippon Pharma Oncology Inc., Thermo Fisher Scientific Inc., Emcure Pharmaceuticals Ltd., Sigma-Aldrich Co., Novartis AG, AstraZeneca plc, Eli Lilly and Company, Sanofi S.A., Johnson & Johnson, AbbVie Inc., Takeda Pharmaceutical Company Limited, GlaxoSmithKline plc, Bayer AG, Gilead Sciences Inc., Ipsen Pharma, Eisai Co. Ltd., Genentech Inc., Iovance Biotherapeutics Inc., Agios Pharmaceuticals Inc.
The glioma treatment market report table of contents includes:
1. Executive Summary
2. Glioma Treatment Market Characteristics
3. Glioma Treatment Market Trends And Strategies
4. Glioma Treatment Market – Macro Economic Scenario
5. Global Glioma Treatment Market Size and Growth
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31. Global Glioma Treatment Market Competitive Benchmarking
32. Global Glioma Treatment Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Glioma Treatment Market
34. Glioma Treatment Market Future Outlook and Potential Analysis
35. Appendix
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