Market research reports, consulting: Global Market Insights Inc.

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Liver Cancer Drugs Market Size

Report ID: GMI9707 Published Date: May 2024Report Format: PDF
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Liver Cancer Drugs Market Size

Liver Cancer Drugs Market was valued at USD 2.9 billion in 2023 and is estimated to grow at 11.8% CAGR from 2024 to 2032, due to the rising incidence of liver cancer, awareness for early detection, growing research capabilities for potential treatment. The global burden of liver cancer is driven by factors such as increasing rates of hepatitis infections, alcohol consumption and obesity many others. According to the National Center for Biotechnology Information (NCBI), liver cancer is a major global health concern, projected to affect over 1 million people by 2025. Therefore, the growing incidence of liver cancer along with advancement in liver cancer diagnostics anticipate the market growth in the coming years.

 

Liver Cancer Drugs Market

Liver cancer drugs are pharmaceutical treatments specifically designed to combat liver cancer, a malignant condition affecting the liver. These drugs include various classes such as targeted therapies, immunotherapies, and chemotherapy agents. The development and use of these drugs aim to inhibit tumor growth, reducing the symptoms, and improving survival rates, of liver cancer patients.

Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

Mention the key players involved in liver cancer drugs industry?+

AbbVie Inc., Amgen Inc., AstraZeneca Plc, Bayer AG, Bristol-Myers Squibb Company, Eisai Co., Ltd., Exelixis, Inc., F. Hoffmann-La Roche Ltd., Johnson & Johnson, Merck & Co., Inc, Novartis AG, Sanofi SA, and Thermo Fisher Scientific Inc.

How big is the North America liver cancer drugs industry?+

North America liver cancer drugs market size exceeded USD 1.1 billion in 2023, attributed to the early adoption of advanced diagnostic tests and therapies for liver cancer.

Why is the use of hepatocellular carcinoma drugs rising?+

The hepatocellular carcinoma segment in the liver cancer drugs market generated USD 1.9 billion in 2023 and is predicted to reach USD 5 billion by 2032, due to its prevalence among individuals with chronic liver diseases such as cirrhosis.

What is the size of the liver cancer drugs market?+

The market size of liver cancer drugs was reached USD 2.9 billion in 2023 and is estimated to grow at 11.8% CAGR from 2024 to 2032, owing to the rising incidence of liver cancer.

Liver Cancer Drugs Market Scope

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