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Sarcoma Drugs Market Size

  • Report ID: GMI9617
  • Published Date: May 2024
  • Report Format: PDF

Sarcoma Drugs Market Size

Sarcoma Drugs Market size was valued at around USD 1.4 billion in 2023 and is estimated to grow at 8.5% CAGR from 2024 to 2032. Sarcoma drugs are pharmaceutical agents designed to treat sarcomas, a diverse group of cancers that originate from mesenchymal cells, including tissues such as bone, muscle, fat, blood vessels, nerves, and cartilage.

 

These drugs encompass a variety of treatment modalities, including chemotherapy agents such as Doxorubicin and Ifosfamide, targeted therapies such as Imatinib for gastrointestinal stromal tumors (GIST) and Pazopanib for advanced soft tissue sarcomas, and immunotherapies such as Pembrolizumab and Nivolumab which enhance the body's immune response against cancer cells.

 

The increasing incidence of sarcomas such as soft tissue sarcomas is a significant driver for the sarcoma drugs market. For instance, according to the American Cancer Society, it estimates that incidence of soft tissue sarcomas in the U.S. for 2024 is approximately 13,590 new cases, with 7,700 occurring in males and 5,890 in females. Additionally, it is projected that about 5,200 individuals will succumb to soft tissue sarcomas, comprising 2,760 males and 2,440 females. These underscores the urgent need for effective sarcoma drugs and ongoing research to develop new treatments, as the increasing incidence and mortality rates highlight the critical demand for advancements in therapy options and patient care.

 

Furthermore, advancements in research and development and awareness and early detection initiatives, are the promoting factors advancing the growth of the market.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The sarcoma drugs market size was valued at USD 1.4 billion in 2023 and is estimated to grow at 8.5% CAGR from 2024 to 2032, driven by the increasing incidence of sarcomas, such as soft tissue sarcomas.

The chemotherapy treatment segment of the market recorded USD 602.1 million in 2023 and will expand rapidly through 2032, owing to its effectiveness in treating sarcomas that have spread to distant sites (metastatic disease).

U.S. sarcoma drugs market is anticipated to grow at 8.3% CAGR during 2024-2032, owing to an infrastructure that fosters collaboration, innovation, and the discovery of novel sarcoma drug candidates.

Abbott laboratories, AbbVie Inc, Amneal Pharmaceuticals Inc, Bausch Health Companies Inc, Bayer AG, Baxter International Inc, Bristol-Myers Squibb Company, and GSK plc among others.

Sarcoma Drugs Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 296
  • Countries covered: 23
  • Pages: 220
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