Overview Of The Soft Tissue Sarcoma Market 2023-2032: Growth And Major Players Analysis
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The global soft tissue sarcoma market is projected to increase from $2.61 billion in 2022 to $2.87 billion in 2023, with a 9.6% CAGR. By 2027, it’s anticipated to reach $3.95 billion, growing at an 8.4% CAGR.
North America held the largest soft tissue sarcoma market share, and Asia-Pacific was the fastest-growing region in 2022.
Soft Tissue Sarcoma Market Driver
The rise in cancer cases propels the soft tissue sarcoma market. Cancer comprises abnormal cell growth in various organs or tissues, necessitating diagnostic, therapeutic, and supportive care for diverse cancer and sarcoma patients. In 2020, the American Cancer Society reported 1.8 million new cancer cases, with 43% of new cancer cases in men in the US in 2020, according to the National Cancer Institute’s September 2020 data. Thus, increasing cancer incidence drives soft tissue sarcoma market growth.
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Prominent Soft Tissue Sarcoma Market Trend
Product innovation is a popular trend in the soft tissue sarcoma market, with major companies focusing on innovative products to bolster their market position. In February 2020, Epizyme Inc., a US biopharmaceutical company, introduced Tazverik (tazemetostat), the first EZH2 inhibitor, for treating metastatic or locally advanced epithelioid sarcoma in adults and children who are ineligible for total resection. TAZVERIK is an enhancer of zest homolog 2 (EZH2) methyltransferase inhibitor.
Soft Tissue Sarcoma Market Prominent Players
Major players in the soft tissue sarcoma market are Pfizer Inc., Johnson & Johnson, Roche Holding AG, F. Hoffmann-La Roche Ltd., AbbVie Inc., Bayer AG, Novartis AG, Sanofi SA, Bristol Myers Squibb, AstraZeneca plc, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Merck & Co. Inc., Amgen Inc., Teva Pharmaceutical Industries Ltd., Mylan N.V., Astellas Pharma Inc., Daiichi Sankyo Company Limited, Sun Pharmaceutical Industries Ltd., Aurobindo Pharma Limited, Dr. Reddy’s Laboratories Ltd., Lupin Ltd., Philogen S.p.A., Taiho Pharmaceutical Co. Ltd., and Nanobiotix S.A.
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Key Soft Tissue Sarcoma Market Segments
The global soft tissue sarcoma market is segmented –
1) By Treatment: Targeted Therapy, Chemotherapy, Anti-Angiogenesis Drugs, Radiation Therapy, Other Treatments
2) By Route of Administration: Oral, Parenteral, Other Route of Administrations
3) By End-Users: Hospitals, Homecare, Specialty Centers, Other End-Users
The Soft Tissue Sarcoma Global Market Report 2023 provides a comprehensive overview on the soft tissue sarcoma market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the soft tissue sarcoma market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
View More Related Reports –
Sarcoma Drugs Global Market Report 2023
Soft Tissue Repair Global Market Report 2023
Tissue Diagnostic Global Market Report 2023
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