The Future of the Malignant Mesothelioma Global Market Report 2025 Market: Growth Trends, Market Size, and Opportunities to Watch
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 Malignant Mesothelioma Market?
The expansion of the malignant mesothelioma market is anticipated to be propelled by growing endeavors in clinical research and development. Such efforts incorporate carrying out scientific studies and trials for the creation of novel therapeutics, treatments and medical devices. This encompasses the assessment of the safety, effectiveness, and potential side effects of new products via supervised clinical trials. This upsurge in clinical research and development activities can be attributed to the escalating demand for advanced and improved treatments, particularly due to the increasing prevalence of chronic and complex diseases. These research and development initiatives contribute to the progression of the malignant mesothelioma market by expediting advancements in diagnosis, treatments, and targeted therapies, encouraging innovative strategies for early detection, improving survival rates, and the creation of more effective, less intrusive treatment options. For instance, Anadolu Agency, a state-run Turkish news agency, reported in January 2025 that nearly 40% of the U.S. pharmaceutical research budget, coming up to about $7 billion annually, is accounted for by clinical trials. Consequently, these growing research and development activities are boosting the growth of the malignant mesothelioma market.
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#What Long-Term Growth Rate is Expected for theMalignant Mesothelioma Market Between 2025 and 2034?
In recent times, there has been significant growth in the malignant mesothelioma market size. Predicted figures indicate an increase from $2.46 billion in 2024 to $2.63 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.8%. This surge during the historic period is linked to factors such as increased oncology research funding, a spike in litigation cases related to asbestos, growth in investments by hospitals, an aging population, and the rise of ai-driven platforms for drug discovery.
In the coming years, the market size of malignant mesothelioma is anticipated to experience significant growth, projected to reach $3.41 billion by 2029 with a compound annual growth rate (CAGR) of 6.7%. The anticipated growth during the forecast period is largely due to the rising adoption of immunotherapy treatments, increased focus on personalized medicine, a growing preference for minimally invasive surgical procedures, higher healthcare spending, and an increased number of clinical trials. The forecast period is also expected to witness trends such as developments in immunotherapy, personalized medicine, initiatives for early detection, minimally invasive surgical methodologies, and regulatory approvals.
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What Are the Most Significant Market Trends Transforming the Malignant Mesothelioma Market?
In the malignant mesothelioma market, leading companies are putting their efforts into the development of next-level treatment methods such as monoclonal antibody treatments. These can help slow down tumor growth and enhance the accuracy of treatment. Monoclonal antibodies are artificial proteins produced in a lab, replicating the immune system’s function in identifying and addressing specific antigens, like those found on cancer cells. For instance, in November 2023, Ono Pharmaceutical Co. Ltd., a pharmaceutical firm based in Japan, got a supplementary approval in Japan for the broader use of Opdivo (nivolumab). It is a human anti-human PD-1 monoclonal antibody designed for treating malignant mesothelioma, excluding malignant pleural mesothelioma. This approval has presented Opdivo as a novel treatment alternative for this disease, which previously lacked standard treatment methods. Opdivo received orphan drug designation for this purpose, emphasizing its potential to fulfil a substantial medical requirement.
What Are the Top Market Players Propelling the Growth of theMalignant Mesothelioma Industry?
Major companies operating in the malignant mesothelioma market are AstraZeneca, NYU Langone Health, Mayo Foundation for Medical Education and Research, The University of Chicago Medical Center, Ono Pharmaceutical Co., Ltd., Dana-Farber Cancer Institute, UVA Health, PharmaMar, Healthcare Global Enterprises Ltd., Fujirebio Europe, Cancer Healer Center, Rosetta Genomics, Mesothelioma UK, The Mesothelioma Center, Oncoplus, Mesothelioma Research Foundation of America, Pleural Mesothelioma Center
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Which Primary Segments of the Malignant Mesothelioma Market Are Driving Growth and Industry Transformations?
The malignant mesothelioma market covered in this report is segmented –
1) By Treatment Type: Chemotherapy, Radiation Therapy, Surgery, Immunotherapy, Targeted Therapy
2) By Route Of Administration: Oral, Intravenous, Injectable, Topical
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Specialty Pharmacies
4) By End-User: Hospitals, Oncology Clinics, Rehabilitation Centres, Research Laboratories
Subsegments:
1) By Chemotherapy: Alkylating Agents, Antimetabolites, Combination Therapy
2) By Radiation Therapy: External Beam Radiation Therapy (EBRT), Intensity-Modulated Radiation Therapy (IMRT), Stereotactic Body Radiation Therapy (SBRT), Proton Therapy
3) By Surgery: Pleurectomy Or Decortication (P/D), Extrapleural Pneumonectomy (EPP), Cytoreductive Surgery, Palliative Surgery
4) By Immunotherapy: Immune Checkpoint Inhibitors, Monoclonal Antibodies, Tumor Vaccines, Adoptive Cell Therapy
5) By Targeted Therapy: Tyrosine Kinase Inhibitors (TKIs), Angiogenesis Inhibitors, Mesothelin-Targeted Agents, Gene Therapy-Based Approaches
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Malignant Mesothelioma Market?# Market?
North America was the largest region in the malignant mesothelioma market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the malignant mesothelioma market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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