5 Top NSCLC Market Growth: Explore More With Spherical Insights and Consulting
According to a report by Spherical Insights & Consulting, the Global NSCLC Market is expec5 Top NSCLC Market Growth: Explore More With Spherical Insights and Consultingted to increase from USD 16.1 billion in 2021 to USD 38.8 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 10.4% during the forecast period.
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Non-small cell lung carcinoma (NSCLC), commonly known as non-small cell lung cancer, is the most prevalent form of lung cancer. The term "non-small cell" describes the appearance of the cancer cells under a microscope, distinguishing it from small cell lung cancer (SCLC), which refers to the smaller size of those cancer cells. Compared to SCLC, NSCLC generally has a higher survival rate and is less aggressive. Most patients with early-stage NSCLC live at least five years, though survival rates drop significantly if the cancer has metastasized by the time of diagnosis. Squamous cell carcinoma, a common type of NSCLC, is often caused by smoking and primarily affects the central part of the lung near the main airway.
Browse key industry insights spread across 190 pages with 135 market data tables and figures & charts from the report on "Global NSCLC Market Size, Share, and COVID-19 Impact Analysis, By Type (Adenocarcinoma, Squamous Cell Carcinoma, Large Cell Carcinoma, Others), By Treatment Type (Chemotherapy, Targeted Therapy, Immunotherapy), By Distribution Channel (Hospital Pharmacy, Drug Store and Retail Pharmacy, Online Pharmacy), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030."
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The Adenocarcinoma segment holds the largest market share over the forecast period.
On the basis of type, the global NSCLC Market is segmented into Adenocarcinoma, Squamous Cell Carcinoma, Large Cell Carcinoma, Others. Among these, the adenocarcinoma segment holds the largest market share over the forecast period due to the large number of people who are affected by adenocarcinoma and the variety of treatments that are accessible for this diagnosis. Squamous cell carcinoma is predicted to register a higher CAGR during the projection period. For example, according to the American Gastroenterological Association, there will be 604,100 new cases of esophageal cancer in 2020.
The Targeted Therapy segment is dominating the market over the forecast period.
Based on the treatment, the global NSCLC Market is segmented into Chemotherapy, Targeted Therapy, Immunotherapy. Among these, the targeted therapy segment is dominating the market over the forecast period due to special clinical benefits offered by this therapy, such as its minimal risk of side effects and the availability of a wide range of targeted medications. Also, because targeted therapy is successful in up to 80% of cases, more patients are selecting it as a cancer treatment choice. On the other hand, it is projected that the immunotherapy industry will expand significantly.
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The Hospital Pharmacy segment is dominating the market over the forecast period.
On the basis of distribution channel, the global NSCLC Market is segmented into Hospital Pharmacy, Drug Store and Retail Pharmacy, Online Pharmacy. Among these, the hospital pharmacy segment is dominating the market over the forecast period.The domination is brought on by an increase in the admission of NSCLC patients to hospitals and the availability of trained doctors in these facilities.
North America is projected to hold the largest market share throughout the forecast period.
In 2021, North America led the non-small cell lung cancer market in terms of market share. This dominance is attributed to the region's high concentration of major corporations, advanced healthcare system, and increasing public awareness about the importance of early cancer detection. The presence of numerous key players in the region is driving industry expansion. Additionally, growing public interest in healthy living and rising demand for non-small cell lung cancer treatments are expected to further boost market growth. A strong healthcare infrastructure and the growing use of various drugs for non-small cell lung cancer are also anticipated to contribute to the market's continued expansion.
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Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the global NSCLC market based on the below-mentioned segments:
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NSCLC Market, By Type
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NSCLC Market, By Treatment
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领英推荐
NSCLC Market, By Distribution Channel
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NSCLC Market, Regional Analysis
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