The 7 major bone metastasis markets reached a value of US$ 13.4 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 26.1 Billion by 2034, exhibiting a growth rate (CAGR) of 6.25% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year |
2023
|
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
|
Market Size in 2023
|
US$ 13.4 Billion |
Market Forecast in 2034
|
US$ 26.1 Billion |
Market Growth Rate 2024-2034 | 6.25% |
The bone metastasis market has been comprehensively analyzed in IMARC's new report titled "Bone Metastasis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Bone metastasis is a kind of advanced tumor that forms when cancer cells spread from their original site of growth into bone tissue. This condition can affect any bone, but it most frequently occurs in the pelvis, spine, and thigh. The common symptoms of the disease include fragile bones, high levels of calcium in the blood, nausea, vomiting, constipation, confusion, loss of urinary or bowel control, weakness in the legs, a low blood cell count, etc. Individuals suffering from bone metastasis may also experience severe pain, anemia, and neurological impairment. The diagnosis of this illness requires a combination of medical history, clinical features, blood tests, and a complete physical examination. Various other diagnostic procedures utilized to confirm a prognosis include X-rays of the affected bone, computerized tomography scans, magnetic resonance imaging, bone scintigraphy, etc. The healthcare provider may also perform a biopsy to determine the features of abnormal cells among patients.
The rising cases of oncological diseases, such as breast cancer and prostate cancer, that cause tumor cells to grow and spread, resulting in an enhanced breakdown of normal bone tissues, are primarily driving the bone metastasis market. In addition to this, the increasing incidences of several associated risk factors, including genetics, previous radiation therapy, noncancerous bone disorders like fibrous dysplasia, etc., are also bolstering the market growth. Furthermore, the widespread adoption of effective bone-building medications, such as bisphosphonates, for reducing bone damage and preventing disease progression is acting as another significant growth-inducing factor. Apart from this, the escalating demand for intravenous radiation using radiopharmaceuticals, owing to its numerous advantages, including high specificity, fewer side effects, and improved patient outcomes, is further creating a positive outlook for the market. Moreover, the increasing utilization of cryoablation, a minimally invasive procedure, to treat this ailment by providing rapid and durable pain relief, is also augmenting the market growth. Additionally, the emerging popularity of targeted therapies, which bind to specific receptors and inactivate the bone remodeling process, thereby inhibiting cancerous cells from expanding and degenerating bones, is further expected to drive the bone metastasis market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the bone metastasis market in the United States, EU4 (Germany, Spain, Italy, and France), 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 bone metastasis and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, 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 bone metastasis market in any manner.
XGEVA inhibits the development, activity, and survival of bone-breaking osteoclasts by targeting the RANKL pathway. XGEVA is indicated to prevent skeletal-related events in individuals with multiple myeloma and bone metastases from solid malignancies.
MW-032 is under clinical development by Mabwell Shanghai Bioscience for the treatment of bone metastases. It is a recombinant human monoclonal antibody injected subcutaneously. The treatment candidate targets the receptor activator of nuclear factor kappa B ligand (RANKL).
Denosumab biosimilar (LY-01011) is being developed by Luye Pharma Group for the treatment of bone metastases. It is prepared as an injectable and delivered subcutaneously. The therapeutic candidate works by targeting the RANKL.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current bone metastasis marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Xgeva (Denosumab) | Amgen |
Zometa (Zoledronic acid) | Novartis |
Xofigo (Radium-223 chloride) | Bayer HealthCare |
Cabozantinib | Exelixis/Ipsen |
MW032 | Jiangsu T-Mab Biopharma |
LY01011 | Luye Pharma |
ALMB0168 | AlaMab 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
Bone Metastasis: Current Treatment Scenario, Marketed Drugs and Emerging Therapies