Home > Healthcare > Pharmaceuticals > Disease Specific Drugs > Lung Cancer Treatment Market

Lung Cancer Treatment Market Size

  • Report ID: GMI5708
  • Published Date: May 2023
  • Report Format: PDF

Lung Cancer Treatment Market Size

Lung Cancer Treatment Market size was valued at USD 15.70 billion in 2022, and it is predicted to increase at a CAGR of 12.4% from 2023 and 2032 owing to rising demand for targeted therapies and increasing incidences of lung cancer across the globe

 

Lung cancer is one of the most common type of cancer and accounts for a significant number of cancer related deaths worldwide. Therefore, prevalence of lung cancer diseases is the major driver for the market. According to the International Agency for Research on Cancer's GLOBOCAN 2020 data, there were around 19.3 million new cases of cancer reported in 2020, with lungs cancer accounting for around 11.4%. The number of new cases of lung, trachea, and bronchus cancer in 2020 was estimated to be 2.21 million and is expected to reach 3.63 million by 2040

 

Lung cancer was the most common cause of death in 2020, accounting for over 18% of all deaths worldwide (1.8 million). Due to the increased frequency of smoking and second-hand smoke exposure, the global incidence of lung cancer is rapidly increasing.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for lung cancer treatment was valued at USD 15.70 billion in 2022 and will record a 12.4% CAGR between 2023 and 2032.

The targeted therapy segment had the highest revenue share of 36.6% in 2022 as it is designed to treat patients with specific genetic mutations or abnormalities.

North America lung cancer treatment market size was USD 7.17 billion in 2022 due to several factors that contribute to its growth and development, owing to the growing aging population, and technological advancements for lung cancer treatment.

Merck KGaA, GlaxoSmithKline plc., Pfizer Inc., Johnson & Johnson Services, Inc., AstraZeneca, Takeda Pharmaceutical Company Limited, Church & Dwight Co., Inc., and Sun Pharmaceutical Industries Ltd.

Lung Cancer Treatment Market Scope

Buy Now


Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 377
  • Countries covered: 19
  • Pages: 182
 Download Free Sample