Oral Mucositis Treatment Market Size

Report ID: GMI9273
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Published Date: April 2024
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Report Format: PDF

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Oral Mucositis Treatment Market Size

Oral Mucositis Treatment Market size was valued at USD 1.6 billion in 2023 and is expected to exhibit growth at a CAGR of 7.1% from 2024 to 2032. High market growth can be attributed to the ongoing advancements in cancer therapy, increasing prevalence of cancer, rising geriatric population, and growing demand for demand for targeted therapies, among other contributing factors.

 

Oral Mucositis Treatment Market

Moreover, the increasing prevalence of cancer is the primary driver in the market. With cancer being a leading cause of mortality worldwide, the number of cancer cases continues to escalate. For instance, according to American Cancer Society, Inc. in 2023, more than 1.9 million new cancer cases were diagnosed in the U.S. As a consequence, more patients undergo cancer treatments such as chemotherapy and radiotherapy, which are known to cause oral mucositis. The growing cancer burden directly correlates with the demand for effective treatments to manage mucositis symptoms.
 

Furthermore, rising healthcare expenditure, particularly in emerging economies and developed countries with aging populations, contributes to the growth of the market. Governments, healthcare organizations, and private payers allocate resources to enhance access to cancer treatments and supportive care services, including oral mucositis treatments. This increased healthcare expenditure facilitates market expansion by ensuring patients have access to effective treatments.
 

Oral mucositis treatment refers to the various interventions and therapeutic measures aimed at preventing, managing, and alleviating the symptoms of oral mucositis, a common and often painful complication of cancer treatments such as chemotherapy and radiation therapy.
 

Authors: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :
Mention the key players involved in oral mucositis treatment industry?
Amgen Inc., Basic Pharma Life Science Pvt Ltd., CANbridge Pharmaceuticals Inc., Enzychem Lifesciences Corporation, EpicentRx, Inc., Galera Therapeutics, Inc., Helsinn Healthcare SA., Innovation Pharmaceuticals Inc., Monopar Therapeutics, Inc., Pfizer Inc., Soleva Pharma, LLC. and Swedish Orphan Biovitrum AB
How big is the North America oral mucositis treatment industry?
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    Base Year: 2023

    Companies covered: 12

    Tables & Figures: 150

    Countries covered: 23

    Pages: 110

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