Overview and Scope
Laryngeal cancer therapeutics refers to the various treatments and therapeutic approaches used to manage laryngeal cancer, a type of cancer that originates in the tissues of the larynx (voice box). The choice of treatment depends on factors such as the stage and location of the cancer, overall health, and individual preferences.
Sizing and Forecast
The laryngeal cancer therapeutics market size has grown strongly in recent years. It will grow from $2.86 billion in 2023 to $3.06 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increasing incidence of laryngeal cancer, evolution of treatment modalities, clinical trial activities, government initiatives and funding, patient awareness and education.
The laryngeal cancer therapeutics market size is expected to see strong growth in the next few years. It will grow to $3.88 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to targeted and immunotherapy advances, genomic medicine integration, rising geriatric population, global health collaborations, expanded role of telemedicine. Major trends in the forecast period include advancements in medical research, immunotherapy advancements, personalized medicine and biomarkers, combination therapies, patient-centric care, healthcare policy and access.
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Segmentation & Regional Insights
The laryngeal cancer therapeutics market covered in this report is segmented –
1) By Treatment Type: Chemotherapy, Immunotherapy, Other Treatments
2) By Route Of Administration: Oral, Parenteral
3) By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Retail Pharmacy
4) By End-User: Hospitals, Homecare, Specialty Centers, Other End-Users
North America was the largest region in the laryngeal cancer therapeutics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laryngeal cancer therapeutics 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 increased prevalence of tobacco is expected to propel the growth of the laryngeal cancer therapeutics market going forward. Tobacco refers to the leaves of plants in the genus Nicotiana, which are harvested and processed for various uses, including smoking, chewing, and snuffing. Tobacco use is a major risk factor for laryngeal cancer and plays a significant role in the disease’s development and treatment outcomes. Laryngeal cancer therapeutics involve addressing the impact of tobacco use on the condition and its management. For instance, in July 2022, according to Statistics Canada, a Canada-based government agency, cigarette production increased by 5.8% compared to June 2021. Also, the total number of cigarettes sold rose by 1.3% from May 2022, reaching 1.4 billion in June 2022. Therefore, the increased prevalence of tobacco is driving the growth of the laryngeal cancer therapeutics market.
Key Industry Players
Major companies operating in the laryngeal cancer therapeutics market report are Pfizer Inc., F. Hoffmann La Roche Ltd., Merck & Co., AbbVie Inc., Novartis AG , Bayer AG, Sanofi-Aventis LLC , Bristol Myers Squibb, AstraZeneca PLC, Abbott Laboratories, GlaxoSmithKline PLC, Eli Lilly and Company, Amgen Inc., C.H. Boehringer Sohn AG & Co. KG., Regeneron Pharmaceuticals Inc., Incyte Corporation, Aurobindo Pharma Ltd., Cipla Inc., Hikma Pharmaceuticals PLC, Amneal Pharmaceuticals LLC, Lupin Limited , Seagen Inc., Exelixis Pharmaceuticals Inc., BeiGene Ltd., Taiho Pharmaceutical Co. Ltd., Genentech Inc., Mirati Therapeutics Inc.
The laryngeal cancer therapeutics market report table of contents includes:
1. Executive Summary
2. Laryngeal Cancer Therapeutics Market Characteristics
3. Laryngeal Cancer Therapeutics Market Trends And Strategies
4. Laryngeal Cancer Therapeutics Market – Macro Economic Scenario
5. Global Laryngeal Cancer Therapeutics Market Size and Growth
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31. Laryngeal Cancer Therapeutics Market Other Major And Innovative Companies
32. Global Laryngeal Cancer Therapeutics Market Competitive Benchmarking
33. Global Laryngeal Cancer Therapeutics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Laryngeal Cancer Therapeutics Market
35. Laryngeal Cancer Therapeutics Market Future Outlook and Potential Analysis
36.Appendix
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