Wednesday, 27 March 2024

Liver Metastases Treatment Market Size is Predicted to Witness 7.3% CAGR till 2030



The global Liver Metastases Treatment Market is expected to reach USD 2.66 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.3% from 2024 to 2030. Rising prevalence of target disease, advanced stage diagnosis for cancer in developing countries, and increasing number of products approvals is expected to drive the industry growth.

Colorectal cancer, breast cancer, and lung cancer are some of the key types that metastasize to the liver. The incidence of colorectal cancer is expected to increase from 1.88 million in 2020 to 2.45 million in 2030. Whereas the incidence of breast cancer is expected to increase from 2.26 million in 2020 to 2.74 million in 2030. The rising incidence of these primary indications is expected to drive space growth.

Majority of the cancer cases in low and middle-income countries are diagnosed at advanced stages where the availability of therapeutic options is low. The lack of availability of early diagnostics methods combined with uncertain reimbursement scenario for diagnostics are major reasons for delayed diagnosis. The advanced/metastatic stage of diagnosis provide lucrative growth opportunities in this space.

On the other hand, if cancers are diagnosed at advanced stages particularly in developing nations and LMICS, the treatment rate at such advanced stages is significantly less, due to unavailability of products and proper reimbursement. This factor is expected to restrain space growth.

List Of Key Players in the Liver Metastases Treatment Market

  • F. Hoffmann-La Roche Ltd.
  • AstraZeneca
  • Eli Lilly and Company
  • Bayer AG
  • Ono Pharmaceutical
  • Pfizer, Inc.
  • Bristol-Myers Squibb Company
  • Cadila Pharmaceuticals Ltd.

Related Press Release@ Liver Metastases Treatment Market Report

Liver Metastases Treatment Market Report Highlights

  • By treatment type, the targeted therapy segment dominated the market with a share of 56.52% to the presence of approved drugs with a price higher than traditional chemotherapy.
  • In 2023, colorectal cancer dominated the liver metastases treatment market with a share of 40.55%. Around 25-30% of all colorectal cancers metastasize to the liver. The availability of various treatment options for CCLM further contributed to the segments’ dominance.
  • Based on distribution channel, the market was dominated by the hospital pharmacies segment with a share of 60.07% in 2023. The high rate of hospitalization for the treatment of liver metastases is one of the major factors for the dominance of this segment.
  • By region, North America has a high revenue share in the global liver metastases treatment market in 2023. However, Asia Pacific is expected to be the fastest growing region during the forecast period.

Liver Metastases Treatment Market Report Scope 

Report Attribute

Details

Market size value in 2024

USD 1.74 billion

Revenue forecast in 2030

USD 2.66 billion

Growth rate

CAGR of 7.3% from 2024 to 2030

Base year for estimation

2023

Historical data

2018 - 2022

Forecast period

2024 - 2030

 

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Liver Metastases Treatment Market Segmentation

Grand View Research has segmented the global liver metastases treatment market report based on treatment type, primary cancer, distribution channel, and region:

Liver Metastases Treatment Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Chemotherapy
  • Targeted Therapy
  • Immunotherapy

Liver Metastases Treatment Primary Cancer Outlook (Revenue, USD Million, 2018 - 2030)

  • Colorectal Cancer
  • Breast Cancer

Liver Metastases Treatment Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Hospital Pharmacies
  • Specialty Pharmacies

Liver Metastases Treatment Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Denmark
    • Sweden
    • Norway
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait
About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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