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Stomach Cancer Treatment Market Size

  • Report ID: GMI10227
  • Published Date: Jul 2024
  • Report Format: PDF

Stomach Cancer Treatment Market Size

Stomach cancer treatment market size was valued at around USD 4.7 billion in 2023 and is estimated to grow at 13.5% CAGR from 2024 to 2032. Stomach cancer, also known as gastric cancer, is a type of cancer that begins in the stomach's lining. Treatment options include surgery (partial or total gastrectomy and lymphadenectomy), radiation therapy, chemotherapy, targeted therapy, and immunotherapy. Palliative care is also essential for managing symptoms in advanced stages.

 

The rising incidence of stomach cancer is a significant driver for the market. For instance, according to World Cancer Research Fund International, the stomach cancer was the fifth most common cancer globally in 2022. It ranked as the fourth most common cancer in men and the seventh in women. Moreover, there were over 968,784 new cases of stomach cancer reported worldwide in 2022. Therefore, this underscores the critical need for advanced diagnostic and treatment solutions to address the growing prevalence of stomach cancer and improve patient outcomes.
 

Furthermore, advancements in diagnostic techniques, development of targeted therapies, rising awareness and screening programs, are the factors promoting the growth of the market.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The stomach cancer treatment market size was valued at USD 4.7 billion in 2023 and is estimated to grow at 13.5% CAGR from 2024 to 2032, driven by advancements in diagnostic techniques.

The chemotherapy segment of the market is forecasted to reach USD 8.1 billion by 2032, as chemotherapy drugs, administered either orally or intravenously, are designed to kill rapidly dividing cancer cells.

U.S. stomach cancer treatment market is projected to reach USD 5.3 billion by 2032, driven by the rising prevalence of stomach cancer.

AstraZeneca PLC, Bristol Myers Squibb Company, Bayer AG, Biocon Limited, Celltrion Inc, Eli Lilly and Company, F. Hoffmann-La Roche Ltd, and Ipsen Pharma among others.

Stomach Cancer Treatment Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 341
  • Countries covered: 23
  • Pages: 281
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