Liver cancer drugs market size to grow by USD 5.29 billion from 2021 to 2026: A descriptive analysis of customer landscape, vendor assessment, and market dynamics – Technavio

NEW YORK, Feb. 8, 2023 /PRNewswire/ — The global liver cancer drugs market size is estimated to increase by USD 5.29 billion from 2021 to 2026. The market’s growth momentum will accelerate at a CAGR of 14.67%. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Discover some insights on the market size before buying the full report –Request a sample report

Liver cancer drugs market – Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Liver cancer drugs market – Vendor analysis
Vendor offerings –

• AstraZeneca Plc – The company offers Orphan Drug Designation (ODD) for the treatment of hepatocellular carcinoma (HCC), which is the most common type of liver cancer.
• Bayer AG – The company offers drugs, treatment, and diagnosis for liver cancer.
• Bristol-Myers Squibb Co. – The company offers drugs and treatment for patients having cancer.
• Eisai Co. Ltd. – The company offers LENVIMA, which is a systemic therapy for the treatment of patients with unresectable hepatocellular carcinoma (HCC).
• For details on vendors and their offerings – Buy the report!

Vendor landscape –

The global liver cancer drugs market is fragmented, with the presence of several vendors. A few prominent vendors that offer liver cancer drugs in the market are Alnylam Pharmaceuticals Inc., AstraZeneca Plc, Bayer AG, Bristol-Myers Squibb Co., Eisai Co. Ltd., Eli Lilly and Co., Eureka Therapeutics, Exelixis Inc., F. Hoffmann La Roche Ltd., Gilead Sciences Inc., Jiangsu Hengrui Pharmaceuticals Co. Ltd., Lion TCR Pte. Ltd, Merck and Co. Inc., Novartis AG, Ono Pharmaceutical Co. Ltd., Pfizer Inc., Q BioMed Inc. and others.

The vendors are deploying growth strategies such as acquiring and forming mergers with other vendors to expand their portfolio of offerings and increase their market share. Large vendors are acquiring and forming mergers with other vendors to expand their portfolio of offerings and increase their market share. Vendors are also focusing on improving their profitability. These factors are expected to further intensify the completion in the market during the forecast period.

Liver cancer drugs market – Segmentation assessment

Segment overview
Technavio has segmented the market based on type (immunotherapy and targeted therapy).

• The immunotherapy segment will account for a significant share of the market growth during the forecast period. Immunotherapy is a specific type of treatment that uses the immune system of the body to fight cancer. Currently, the market has three immunotherapies for liver cancer, namely KEYTRUDA, TECENTRIQ, and OPDIVO. Therefore, the growing use of immunotherapy will drive the growth of this segment during the forecast period.

Geography overview
Based on geography, the global liver cancer drugs market is segmented into North America, Europe, Asia, and Rest of World (ROW). The report provides actionable insights and estimates the contribution of all regions to the growth of the global liver cancer drugs market.

• North America will account for 42% of the market’s growth during the forecast period. The US and Canada are the key countries for the liver cancer drugs market in the region. However, market growth in North America will be slower than the growth of the market in Europe and Asia. The development and launch of treatment therapies for liver cancer will drive the liver cancer drugs market growth in the region during the forecast period.

Download a sample report

Liver cancer drugs market – Market dynamics

Leading drivers – The increasing incidence of liver cancer is driving the growth of the market. The risk of liver cancer depends on the etiology. Hepatitis B and C and underlying cirrhosis are the main risk factors. In the US, hepatitis C is present in more than half of the patients with certain liver cancers. Fatty liver is a major cause of liver cancer in the US, followed by hepatitis C. Long-term alcohol consumption can also increase the incidence of liver cancer. Moreover, diabetes, obesity, and related non-alcoholic fatty liver disease can also be associated with an increase in the incidence of liver cancer. These factors will drive the market growth during the forecast period.

Key trends – The use of mABs is a key trend in the market. The use of monoclonal antibody (mAB) therapies is a new approach to treating liver cancer. Research is also being conducted to develop high-stability and high-affinity antibodies and fragments, which can target tumor-specific antigens in liver cancer. Monoclonal antibodies are sensitive and can create a level of specificity that reduces the chances of side effects. In addition, they are highly stable. These factors will support market growth during the forecast period.

Major challenges – Surgical resection and transplantation being the only curative option will challenge the liver cancer drugs market during the forecast period. The treatment of liver cancer is based on the stage of the disease and the functioning of the organ. However, disease-modifying drugs are unavailable, which makes surgical treatment the only recommended option. However, surgery is often associated with a high recurrence rate of tumors. These factors will hinder the growth of the market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this liver cancer drugs market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the liver cancer drugs market between 2022 and 2026
• Precise estimation of the size of the liver cancer drugs market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the liver cancer drugs market across North America, Europe, Asia, and Rest of World (ROW)
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of liver cancer drugs market vendors

Gain instant access to 17,000+ market research reports. 

Technavio’s SUBSCRIPTION platform

Related Reports:

The breast cancer therapeutics market size is expected to increase by USD 13.85 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 8.95%. This report extensively covers segmentation by product (targeted therapy, hormonal therapy, and chemotherapy) and geography (North America, Europe, Asia, and the Rest of the World (ROW)).

The colorectal cancer therapeutics market size is expected to increase by USD 2.45 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.43%. This report extensively covers segmentation by type (targeted therapy, immunotherapy, and chemotherapy) and geography (North America, Europe, Asia, and Rest of World (ROW)).

Browse for Technavio’s health care market reports

Table of contents

1 Executive Summary

• 1.1 Market overview

2 Market Landscape

• 2.1 Market ecosystem

3 Market Sizing

• 3.1 Market definition

• 3.2 Market segment analysis

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026

4 Five Forces Analysis

• 4.1 Five forces summary

• 4.2 Bargaining power of buyers

• 4.3 Bargaining power of suppliers

• 4.4 Threat of new entrants

• 4.5 Threat of substitutes

• 4.6 Threat of rivalry

• 4.7 Market condition

5 Market Segmentation by Type

• 5.1 Market segments

• 5.2 Comparison by Type

• 5.3 Immunotherapy – Market size and forecast 2021-2026

• 5.4 Targeted therapy – Market size and forecast 2021-2026

• 5.5 Market opportunity by Type

6 Customer Landscape

• 6.1 Customer landscape overview

7 Geographic Landscape

• 7.1 Geographic segmentation

• 7.2 Geographic comparison

• 7.3 North America – Market size and forecast 2021-2026

• 7.4 Europe – Market size and forecast 2021-2026

• 7.5 Asia – Market size and forecast 2021-2026

• 7.6 Rest of World (ROW) – Market size and forecast 2021-2026

• 7.7 US – Market size and forecast 2021-2026

• 7.8 Germany – Market size and forecast 2021-2026

• 7.9 China – Market size and forecast 2021-2026

• 7.10 Canada – Market size and forecast 2021-2026

• 7.11 UK – Market size and forecast 2021-2026

• 7.12 Market opportunity by geography

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape

• 9.3 Landscape disruption

• 9.4 Industry risks

10 Vendor Analysis

• 10.1 Vendors covered

• 10.2 Market positioning of vendors

• 10.3 AstraZeneca Plc

• 10.4 Bayer AG

• 10.5 Bristol-Myers Squibb Co.

• 10.6 Eisai Co. Ltd.

• 10.7 Eli Lilly and Co.

• 10.8 Eureka Therapeutics

• 10.9 Gilead Sciences Inc.

• 10.10 Jiangsu Hengrui Pharmaceuticals Co. Ltd.

• 10.11 Lion TCR Pte. Ltd

• 10.12 Merck and Co. Inc.

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist

• 11.3 Currency conversion rates for US$

• 11.4 Research methodology

• 11.5 List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Newsroom: https://newsroom.technavio.org/news/liver-cancer-drugsmarket