The 7 major advanced liver cancer markets reached a value of US$ 2.0 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 9.6 Billion by 2034, exhibiting a growth rate (CAGR) of 15.36% during 2024-2034.
Report Attribute
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Key Statistics
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---|---|
Base Year | 2023 |
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 2.0 Billion |
Market Forecast in 2034
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US$ 9.6 Billion |
Market Growth Rate 2024-2034
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15.36% |
The advanced liver cancer market has been comprehensively analyzed in IMARC's new report titled "Advanced Liver Cancer Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Advanced liver cancer, also known as stage 4 or metastatic liver cancer, refers to a condition where cancerous cells have spread from the liver to other parts of the body, such as the lungs, bones, blood vessels, and lymph nodes. The symptoms of this ailment include a feeling of fullness, fatigue, unintentional weight loss, abdominal pain or swelling, yellowing of the skin and eyes, loss of appetite, persistent coughing, nausea, vomiting, general weakness, etc. Individuals suffering from the disease may also experience impaired liver function, which can further lead to cognitive changes, confusion, memory problems, and even coma in severe cases. The diagnosis of this illness requires a combination of the patient's underlying indications, a detailed medical history, and various blood workups. The healthcare professional may perform numerous diagnostic procedures, like positron emission tomography (PET) scans, magnetic resonance imaging, ultrasounds, etc., to obtain comprehensive pictures of the affected site and determine the exact size, location, and extent of the tumor. Additionally, liver biopsy and histologic examination are also recommended to confirm a diagnosis among patients.
The increasing prevalence of genetic conditions, which predispose an individual to liver damage on account of gene mutations, is primarily driving the advanced liver cancer market. In addition to this, the rising incidences of several associated risk factors, including chronic infection with the hepatitis B or C virus, excessive alcohol consumption, exposure to aflatoxins (mainly through contaminated food), etc., are also bolstering the market growth. Furthermore, the escalating adoption of immune checkpoint inhibitors, such as atezolizumab and bevacizumab, that help to stimulate the body's defense mechanism to recognize and attack cancerous cells is acting as another significant growth-inducing factor. Additionally, the emerging popularity of radiofrequency ablation therapy, owing to its numerous benefits, like a faster recovery time and shorter hospital stay, is also creating a positive outlook for the market. Moreover, the widespread demand for transarterial chemoembolization for the treatment of this illness, since it works by injecting chemotherapy drugs directly into the hepatic artery, thereby blocking the supply of nutrients to the tumor cells, is expected to drive the advanced liver cancer market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the advanced liver cancer market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for advanced liver cancer and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the advanced liver cancer market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current advanced liver cancer marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Cyramza (Ramucirumab) | Eli Lilly and Company |
Tecentriq (Atezolizumab) | Genentech |
Yervoy (Ipilimumab) | Bristol Myers Squibb |
Opdivo (Nivolumab) | Bristol-Myers Squibb/Ono Pharmaceuticals |
Keytruda (Pembrolizumab) | Merck & Co |
Q702 | Qurient Co., Ltd. |
MTL CEBPA | Mina Alpha Limited |
TEC-001 | Teclison |
TSR022 | AnaptysBio/Glaxo SmithKline |
ET1402L1-CART | Eureka Therapeutics |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Advanced Liver Cancer: Current Treatment Scenario, Marketed Drugs and Emerging Therapies