
Global & United States Cancer Therapeutics Market to 2031
Description
In 2022, the American Cancer Society reported that over 1.9 million new cancer cases were diagnosed in the United States, resulting in approximately 610,000 deaths. By 2024, the number of new diagnoses is projected to reach around 2 million. Colorectal cancer ranks as the third most commonly diagnosed cancer among both men and women in the U.S., according to the American Society of Clinical Oncology. In 2023, about 150,000 adults were diagnosed with colorectal cancer, including 106,970 cases of colon cancer (54,420 in men and 52,550 in women) and 46,050 cases of rectal cancer (27,440 in men and 18,610 in women). This growing incidence of cancer highlights the urgent need for advanced treatment options such as immunotherapies and targeted therapies. The expanding patient population is a key factor driving growth in the cancer therapeutics market as healthcare providers seek more effective approaches to treatment.
Recent FDA approvals highlight the ongoing innovation in cancer treatment. In April 2024, AstraZeneca and Daiichi Sankyo's Enhertu (trastuzumab deruxtecan) received FDA approval for the treatment of adults with unresectable or metastatic HER2-positive solid tumors who have not responded adequately to previous systemic therapies. In August 2023, the FDA approved a treatment regimen that combines the chemotherapy drugs trifluridine and tipiracil (Lonsurf) with the targeted therapy bevacizumab (Avastin) for patients with metastatic colorectal cancer who have already undergone multiple cycles of chemotherapy. Additionally, in November 2022, AstraZeneca's Imjudo (tremelimumab) was approved in combination with platinum-based chemotherapy for the treatment of Stage IV non-small cell lung cancer (NSCLC).
The growing adoption of novel therapies, especially immunotherapies and targeted treatments, is transforming cancer care. Many of these therapies are being fast-tracked by the FDA through initiatives like the Breakthrough Therapy Designation, accelerating their availability. Consequently, the combination of increasing cancer prevalence and proactive efforts by key industry players is expected to significantly boost the cancer therapeutics market in the forecast period.
Recent FDA approvals highlight the ongoing innovation in cancer treatment. In April 2024, AstraZeneca and Daiichi Sankyo's Enhertu (trastuzumab deruxtecan) received FDA approval for the treatment of adults with unresectable or metastatic HER2-positive solid tumors who have not responded adequately to previous systemic therapies. In August 2023, the FDA approved a treatment regimen that combines the chemotherapy drugs trifluridine and tipiracil (Lonsurf) with the targeted therapy bevacizumab (Avastin) for patients with metastatic colorectal cancer who have already undergone multiple cycles of chemotherapy. Additionally, in November 2022, AstraZeneca's Imjudo (tremelimumab) was approved in combination with platinum-based chemotherapy for the treatment of Stage IV non-small cell lung cancer (NSCLC).
The growing adoption of novel therapies, especially immunotherapies and targeted treatments, is transforming cancer care. Many of these therapies are being fast-tracked by the FDA through initiatives like the Breakthrough Therapy Designation, accelerating their availability. Consequently, the combination of increasing cancer prevalence and proactive efforts by key industry players is expected to significantly boost the cancer therapeutics market in the forecast period.
Table of Contents
100 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. United States Cancer Therapeutics Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. Cancer Therapeutics Market Key Market Dynamics
- 5.1 Cancer Therapeutics Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints
- 6. United States Cancer Therapeutics Market – Analysis
- 6.1 United States Cancer Therapeutics Market Revenue (US$ Million), 2021–2031
- 6.2 United States Cancer Therapeutics Market Revenue and Forecast Analysis
- 7. United States Cancer Therapeutics Market Analysis – by Therapy Types
- 7.1 United States Cancer Therapeutics Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Therapy Types
- 8. United States Cancer Therapeutics Market Analysis – by Indications
- 8.1 United States Cancer Therapeutics Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Indications
- 9. United States Cancer Therapeutics Market Analysis – by Distribution Channel
- 9.1 United States Cancer Therapeutics Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Distribution Channel
- 10. Competitive Landscape
- 10.1 Heat Map Analysis by Key Players
- 10.1 Company Positioning and Concentration
- 11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.2 Partnerships and Collaborations
- 11.2 Other Developments
- 12. Company Profiles
- 12.1 Bristol-Myers Squibb Co
- 12.1. 1 Key Facts
- 12.1. 2 Business Description
- 12.1. 3 Products and Services
- 12.1. 4 Financial Overview
- 12.1. 5 SWOT Analysis
- 12.1. 6 Key Developments
- 12.2 AbbVie Inc
- 12.2. 1 Key Facts
- 12.2. 2 Business Description
- 12.2. 3 Products and Services
- 12.2. 4 Financial Overview
- 12.2. 5 SWOT Analysis
- 12.2. 6 Key Developments
- 12.3 Johnson & Johnson
- 12.3. 1 Key Facts
- 12.3. 2 Business Description
- 12.3. 3 Products and Services
- 12.3. 4 Financial Overview
- 12.3. 5 SWOT Analysis
- 12.3. 6 Key Developments
- 12.4 F. Hoffmann-La Roche Ltd
- 12.4. 1 Key Facts
- 12.4. 2 Business Description
- 12.4. 3 Products and Services
- 12.4. 4 Financial Overview
- 12.4. 5 SWOT Analysis
- 12.4. 6 Key Developments
- 12.5 Pfizer Inc
- 12.5. 1 Key Facts
- 12.5. 2 Business Description
- 12.5. 3 Products and Services
- 12.5. 4 Financial Overview
- 12.5. 5 SWOT Analysis
- 12.5. 6 Key Developments
- 12.6 AstraZeneca Plc
- 12.6. 1 Key Facts
- 12.6. 2 Business Description
- 12.6. 3 Products and Services
- 12.6. 4 Financial Overview
- 12.6. 5 SWOT Analysis
- 12.6. 6 Key Developments
- 12.7 Merck KGaA
- 12.7. 1 Key Facts
- 12.7. 2 Business Description
- 12.7. 3 Products and Services
- 12.7. 4 Financial Overview
- 12.7. 5 SWOT Analysis
- 12.7. 6 Key Developments
- 12.8 Novartis AG
- 12.8. 1 Key Facts
- 12.8. 2 Business Description
- 12.8. 3 Products and Services
- 12.8. 4 Financial Overview
- 12.8. 5 SWOT Analysis
- 12.8. 6 Key Developments
- 12.9 Astellas Pharma Inc
- 12.9. 1 Key Facts
- 12.9. 2 Business Description
- 12.9. 3 Products and Services
- 12.9. 4 Financial Overview
- 12.9. 5 SWOT Analysis
- 12.9. 6 Key Developments
- 12.10 Eli Lilly and Co
- 12.10. 1 Key Facts
- 12.10. 2 Business Description
- 12.10. 3 Products and Services
- 12.10. 4 Financial Overview
- 12.10. 5 SWOT Analysis
- 12.10. 6 Key Developments
- 13. Appendix
- 13.1 About Business Market Insights
- 13.2 List of Abbreviations
- TABLE OF TABLES
- Table 1. United States Cancer Therapeutics Market Segmentation
- Table 2. List of Vendors
- Table 3. United States Cancer Therapeutics Market – Revenue, 2021–2024 (US$ Million)
- Table 4. United States Cancer Therapeutics Market – Revenue Forecast, 2025–2031 (US$ Million)
- Table 5. United States Cancer Therapeutics Market – Revenue, 2021–2024 (US$ Million) – by Therapy Types
- Table 6. United States Cancer Therapeutics Market – Revenue Forecast, 2025–2031 (US$ Million) – by Therapy Types
- Table 7. United States Cancer Therapeutics Market – Revenue, 2021–2024 (US$ Million) – by Indications
- Table 8. United States Cancer Therapeutics Market – Revenue Forecast, 2025–2031 (US$ Million) – by Indications
- Table 9. United States Cancer Therapeutics Market – Revenue, 2021–2024 (US$ Million) – by Distribution Channel
- Table 10. United States Cancer Therapeutics Market – Revenue Forecast, 2025–2031 (US$ Million) – by Distribution Channel
- Table 11. List of Abbreviations
- TABLE OF FIGURES
- Figure 1. Impact Analysis of Drivers and Restraints
- Figure 2. United States Cancer Therapeutics Market Revenue, (US$ Million), 2021–2031
- Figure 3. Heat Map Analysis by Key Players
- Figure 4. Company Positioning and Concentration
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