Top Growth Trends in the Cancer Supportive Care Products Market: Insights into Market Size and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Major Market Drivers Are Expected to Boost the Growth Potential of the Cancer Supportive Care Products Market?
The anticipated rise in cancer cases is predicted to fuel the advancement of the cancer supportive care products market. An increase in the aging population elevates the possibilities of cancer, owing to cellular alterations and extended exposure to risk contributors. Further, unhealthy habits such as inadequate diet, smoking, lack of physical movement, and excessive intake of alcohol significantly add to the risk of cancer. Cancer supportive care items are utilized to regulate symptoms, enhance patient’s life quality, and provide support during treatment, fulfilling the escalating requirement due to the rising prevalence of cancer. For example, the American Cancer Society, a not-for-profit organization in the US, devoted to cancer eradication, projected a figure of 58,450 oral cavity and pharynx cancer cases in January 2024. This indicates a 7.2% rise from the 54,540 cases documented in 2023. Consequently, the upsurge in cancer cases is expected to boost the expansion of the cancer supportive care products market.
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#What is the Projected CAGR for the Cancer Supportive Care Products Market Size from 2025 to 2034?
The market size for cancer supportive care products has substantially expanded in the recent past. Expected to rise from $21.56 billion in 2024 to a significant $22.65 billion in 2025, its compound annual growth rate (CAGR) is 5.1%. The expansion experienced in the past can be credited to an increased occurrence of cancer, heightened consciousness and education, better healthcare facilities, a swelling older population, amplified awareness and early detection.
Over the upcoming years, a stable rise is anticipated in the market size of cancer supportive care products, soaring to $27.32 billion in 2029 with a 4.8% Compound Annual Growth Rate (CAGR). The escalation in the prediction period can be associated with the increasing cancer prevalence, patient-oriented strategies, amplified research funding for cancer, mounting emphasis on individualized medicine, and growing cancer survival rates. The forecast period will witness significant trends such as technological progress, sophisticated drug delivery systems, novel drug mixes, personalized care, and the introduction of biodegradable products.
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What Are the Key Market Innovations in theCancer Supportive Care Products Market Over the Coming Years?
Key firms active in the cancer supportive care products market are concentrating their efforts on the innovation of cancer treatments like the targeted radioligand therapy (RLT) platform, aiming to improve treatment effectiveness, minimize adverse effects, and enhance patient outcomes overall. The targeted radioligand therapy (RLT) platform operates by deploying radio-labelled molecules that connect specifically to markers found on cancer cells, facilitating localized radiation delivery and the selective annihilation of cancer cells, all while conserving healthy tissue. For example, in May 2022, the Switzerland-based pharmaceutical corporation Novartis AG was accorded approval by the US Food and Drug Administration (FDA) for the administration of Pluvicto (lutetium Lu 177 vipivotide tetraxetan), designed to treat adult patients suffering from prostate-specific membrane antigen-positive metastatic castration-resistant prostate cancer (PSMA-positive mCRPC) that has continued to spread in spite of previous treatments. Pluvicto, a first of its kind FDA-approved targeted radioligand therapy (RLT) for appropriate mCRPC patients, merges a targeting ligand with a therapeutic radioisotope. Additionally, the FDA has green-lighted Locametz (gallium Ga 68 gozetotide injection), utilized in PET scans to identify PSMA-positive lesions, thereby helping to recognize cancer propagation and ascertain eligibility for Pluvicto therapy.
Who Are the Top Companies Driving Innovation and Growth in theCancer Supportive Care Products Market?
Major companies operating in the cancer supportive care products market are Johnson & Johnson, F. Hoffmann-La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Bayer AG, Abbott Laboratories, Novartis AG, GlaxoSmithKline plc, Amgen Inc., Becton Dickinson and Company, Teva Pharmaceutical Industries Limited, Baxter International Inc., Daiichi Sankyo Company Limited, Agilent Technologies Inc., Hologic Inc., Illumina Inc., Kyowa Hakko Kirin Co. Ltd., QIAGEN N.V., Exelixis Inc., Fagron Group B.V., Tessa Therapeutics Pte Ltd., Mirati Therapeutics Inc., APR Applied Pharma Science Research S.A., Acacia Pharma Ltd., Arquer Diagnostics Ltd.
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Which Key Market Segments Comprise the Cancer Supportive Care Products Market and Drive Its Revenue Growth?
The cancer supportive care products market covered in this report is segmented –
1) By Drug Class: Nonsteroidal Anti-Inflammatory Drugs, Anti-Infective, Anti-Emetics, Monoclonal Antibodies, Erythropoietin Stimulating Agents, Opioid Analgesics, Bisphosphonates, Granulocyte Colony Stimulating Factor
2) By Indication: Lung Cancer, Breast Cancer, Prostate Cancer, Liver Cancer, Bladder Cancer, Leukemia, Ovary Cancer, Melanoma Cancer, Other Indications
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Compounding Pharmacies
Subsegments
1) By Nonsteroidal Anti-Inflammatory Drugs (Nsaids): Ibuprofen, Aspirin, Naproxen
2) By Anti-Infective: Antibiotics, Antifungal Drugs, Antiviral Drugs
3) By Anti-Emetics: 5-Ht3 Antagonists (Ondansetron), Nk1 Antagonists (Aprepitant), Corticosteroids (Dexamethasone)
4) By Monoclonal Antibodies: Rituximab, Trastuzumab, Bevacizumab
5) By Erythropoietin Stimulating Agents: Epoetin Alfa, Darbepoetin Alfa
6) By Opioid Analgesics: Morphine, Fentanyl, Oxycodone
7) By Bisphosphonates: Zoledronic Acid, Pamidronate, Ibandronate
8) By Granulocyte Colony Stimulating Factor: Filgrastim, Pegfilgrastim
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Which Regions Are Emerging as Leaders in the Cancer Supportive Care Products Market?
North America was the largest region in the cancer supportive care products market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cancer supportive care products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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