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Colorectal Cancer Therapeutics Market Size

  • Report ID: GMI9808
  • Published Date: Jun 2024
  • Report Format: PDF

Colorectal Cancer Therapeutics Market Size

Colorectal Cancer Therapeutics Market size was valued at USD 12.4 billion in 2023 and is poised to expand at over 4.6% CAGR from 2024 to 2032, due to rising incidence rates, advancements in targeted and cancer immunotherapy, and enhanced screening and early detection programs. An aging global population, improved healthcare infrastructure in emerging markets, and increased healthcare expenditure further drive demand. Further, regulatory support and substantial research funding facilitate the development and rapid approval of new treatments, while precision medicine tailors’ therapies to individual genetic profiles, improving patient outcomes.

 

Colorectal cancer therapeutics refers to the range of medical treatments and interventions used to manage and treat colorectal cancer, which includes cancers of the colon and rectum. These therapeutics aim to eliminate cancer cells, reduce tumor size, prevent cancer recurrence and improve patient survival.
 

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of colorectal cancer therapeutics reached USD 12.4 billion in 2023 and is set to witness 4.6% CAGR through 2032, owing to rising incidence rates, as well as advancements in targeted and cancer immunotherapy.

The colorectal adenocarcinoma segment of the colorectal cancer therapeutics industry is expected to reach USD 9.1 billion by end of 2032, due to its common occurrence.

North America market size was USD 5.3 billion in 2023 and is projected to grow at 4.5% CAGR through 2032, attributed to its rising cancer prevalence, and availability of advanced healthcare infrastructure.

Bristol-Myers Squibb Company, Celleron Therapeutics, Eli Lilly and Company, F. Hoffmann-La Roche Ltd, Genentech, Inc, Novartis AG, Pfizer Inc, and Sanofi S.A. among others.

Colorectal Cancer Therapeutics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 206
  • Countries covered: 22
  • Pages: 114
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