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Kidney Cancer Drugs Market Trends

  • Report ID: GMI10004
  • Published Date: Jun 2024
  • Report Format: PDF

Kidney Cancer Drugs Market Trends

The market is experiencing several notable trends that are shaping its growth and development. Factors such as continuous innovations in diagnosis and monitoring, increased focus on personalized medicine, expansion of indications and combination therapies, and growing demand for integrated artificial intelligence in healthcare and machine learning, among other factors are propelling the industry growth.
 

  • Further, there is a growing trend towards expanding the indications for kidney cancer drugs beyond their initial approvals. For example, some targeted therapies and immunotherapies are being investigated for use in earlier stages of the disease or in combination with other treatments. Combination therapies, such as the use of TKIs with immune checkpoint inhibitors, are being explored in clinical trials to enhance treatment efficacy and overcome resistance mechanisms.
     
  • Moreover, technological advancements in imaging modalities, such as computed tomography (CT), magnetic resonance imaging (MRI), and positron emission tomography (PET), are improving the early detection and accurate staging of kidney cancer.
     
  • Molecular diagnostics and liquid biopsies are also emerging as valuable tools for identifying genetic mutations and biomarkers associated with kidney cancer, enabling more precise diagnosis and treatment selection, thereby aforementioned factors are expected to drive the market.
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Kidney cancer drugs industry size was worth USD 6.2 billion in 2023 and is projected to expand at 5.6% CAGR from 2024 to 2032, attributed to the ongoing advancements in treatment modalities and increasing incidence of kidney cancer.

The RCC segment in the kidney cancer drugs industry account for USD 5.4 billion in 2023 due to the rising aging populations, lifestyle changes, and environmental exposures.

The targeted therapy segment garnered 53.6% of the kidney cancer drugs market share in 2023, as kidney cancer drugs provide enhanced understanding of the molecular biology and signaling pathways involved in kidney cancer pathogenesis.

North America kidney cancer drugs industry recorded USD 2.3 billion in revenue in 2023 and is projected to grow at 5.3% CAGR between 2024 and 2032, led by the high healthcare expenditure and growing investments in innovative therapies.

Kidney Cancer Drugs Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 181
  • Countries covered: 23
  • Pages: 110
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