Locally Advanced Pancreatic Cancer Market Trends 2025-2034: Growth, Strategic Insights, and Opportunities Ahead
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Locally Advanced Pancreatic Cancer Market?
The rise in tobacco consumption is expected to contribute to the growth of the locally advanced pancreatic cancer market in the coming years. Tobacco, derived from the leaves of the plant and used in products like cigarettes and cigars, contains nicotine, which is addictive and associated with serious health issues such as cancer and heart disease. The increase in tobacco use is driven by factors such as easy access, affordability, marketing strategies, social acceptance in certain areas, and stress-induced smoking. Tobacco consumption is a major risk factor for developing locally advanced pancreatic cancer, as it leads to a higher incidence of pancreatic malignancies. For example, in January 2024, the Global Action to End Smoking, a US-based nonprofit focused on eliminating smoking, reported that in 2022, about 62.9 million adults in the U.S. used tobacco, making it the 4th highest globally and the leading country in the Americas. Additionally, around 11.5% of U.S. adults (28.3 million) smoked cigarettes, with male smokers (13.1%) surpassing female smokers (10.1%). Therefore, the increase in tobacco consumption is driving the growth of the locally advanced pancreatic cancer market.
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#What Growth Opportunities Will Drive the Locally Advanced Pancreatic Cancer Market’s CAGR Through 2034?
The locally advanced pancreatic cancer market has expanded rapidly, growing from $0.95 billion in 2024 to $1.05 billion in 2025 at a CAGR of 10.9%. Growth is attributed to rising awareness of pancreatic cancer, improved chemotherapy regimens, greater use of targeted therapies, a higher incidence of pancreatic cancer, development of combination treatment protocols, and enhanced supportive care options.
The locally advanced pancreatic cancer market is set for rapid expansion, reaching $1.57 billion by 2029 at a CAGR of 10.5%. The anticipated growth is attributed to greater awareness about pancreatic cancer, enhanced chemotherapy regimens, increased use of targeted therapies, a rising incidence of the disease, advancements in combination treatment strategies, and improved supportive care measures. Major trends expected in this market include breakthroughs in immunotherapy, development of targeted treatment options, precision radiation techniques, enhancements in diagnostic imaging, adoption of minimally invasive surgery, incorporation of artificial intelligence in treatment planning, and further innovations in combination therapy.
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What Are the Most Significant Market Trends Transforming theLocally Advanced Pancreatic Cancer Market?
In the locally advanced pancreatic cancer market, companies are focusing on developing orphan drugs to improve treatment options and patient outcomes for this aggressive disease. Orphan drugs are specifically designed to treat rare diseases and often receive incentives such as tax reductions and market exclusivity. For example, in January 2025, Actuate Therapeutics Inc., a US-based biopharmaceutical company, announced that its Elraglusib, a GSK-3ß inhibitor, received Orphan Drug Designation from the FDA and EMA for treating pancreatic ductal adenocarcinoma (PDAC), a form of locally advanced pancreatic cancer. Elraglusib showed significant clinical improvements in metastatic PDAC patients during Phase 2 trials, offering hope for a new therapeutic approach to this difficult-to-treat cancer.
What Are the Top Market Players Propelling the Growth of theLocally Advanced Pancreatic Cancer Industry?
Major companies operating in the locally advanced pancreatic cancer market are Pfizer Inc., F. Hoffmann-La Roche Ltd., Merck KGaA, AbbVie Inc., Bayer Inc., Bristol-Myers Squibb Company, AstraZeneca plc, Abbott Laboratories, Novartis AG, GSK plc, Ipsen Biopharmaceuticals Inc., Lupin Limited, NovoCure Limited, Theratechnologies Inc., XBiotech, Prestige Biopharma, OSE Immunotherapeutics, Helix Biopharma Corporation, Fawn Incorporation, Eli Lilly and Co
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Which Primary Segments of the Locally Advanced Pancreatic Cancer Market Are Driving Growth and Industry Transformations?
The locally advanced pancreatic cancer market covered in this report is segmented –
1) By Therapy: Chemotherapy, Immunotherapy, Radiation Therapy, Surgery
2) By Route Of Administration: Oral, Injectables, Other Route Of Administrations
3) By End-User: Hospital, Specialty Clinics, Research Institutions, Other End-Users
Subsegments:
1) By Chemotherapy: Gemcitabine-based Chemotherapy, FOLFIRINOX Chemotherapy
2) By Immunotherapy: Immune Checkpoint Inhibitors, Cancer Vaccines
3) By Radiation Therapy: External Beam Radiation Therapy, Stereotactic Body Radiation Therapy (SBRT)
4) By Surgery: Pancreaticoduodenectomy (Whipple Procedure), Distal Pancreatectomy, Total Pancreatectomy
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Locally Advanced Pancreatic Cancer Market?# Market?
North America was the largest region in the locally advanced pancreatic cancer market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the locally advanced pancreatic cancer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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