The 7 major breast cancer markets are expected to exhibit a CAGR of 5.58% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2034
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Historical Years
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2018-2023
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Market Growth Rate 2024-2034 | 5.58% |
The breast cancer market has been comprehensively analyzed in IMARC's new report titled "Breast Cancer Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Breast cancer is a type of oncological disease that develops when unhealthy cells in the breast grow and divide uncontrollably, forming a tumor. This tumor can invade surrounding tissues and potentially spread to other parts of the body through the lymphatic system or bloodstream. The ailment may not cause noticeable symptoms in the early stages; however, as cancer progresses, indications may include a lump or thickening in the breast or underarm, nipple discharge, skin ulceration, changes in breast size or shape, persistent pain, tenderness, etc. The diagnosis of this illness typically involves a combination of the patient's medical history, physical examination, and clinical findings. Various imaging studies, such as mammography, ultrasound, magnetic resonance imaging (MRI), etc., may be used to evaluate the affected region. These investigations help to visualize the breast tissue and can detect any abnormalities or suspicious areas. Furthermore, the healthcare provider may recommend a biopsy, along with its pathological analysis, to determine if cancerous cells are present and, if so, to classify the type of tumor.
The increasing cases of mutations in genes that are involved in repairing damaged DNA and maintaining the stability of the cell's genetic material are primarily driving the breast cancer market. In addition to this, the rising prevalence of various associated risk factors, such as hormonal imbalance, advancing age, early menstruation or late menopause, obesity, exposure to certain radiation, etc., is also creating a positive outlook for the market. Moreover, the widespread adoption of breast-conserving surgery, which provides substantial psychological and emotional benefits for women who are willing to maintain the natural appearance of their breasts, is further bolstering the market growth. Apart from this, the inflating application of immunotherapy, since it works by enhancing the body's defense system to recognize and attack cancerous cells while sparing healthy tissues, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of intensity-modulated radiation therapy, owing to its numerous advantages, like precise dose delivery, reduced side effects, and improved treatment flexibility, is expected to drive the breast cancer market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the breast cancer 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 breast cancer 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 breast cancer market in any manner.
Arimidex is used to treat early breast cancer in postmenopausal women, either alone or in combination with other treatments, including surgery or radiation. It can also be used as the first-line treatment of advanced breast cancer that has spread within the breast or to other parts of the body.
SV-BR-1-GM is an immunization for breast cancer and other solid tumors developed by BriaCell Therapeutics. It is an allogeneic, whole-cell vaccination created from irradiated breast cancer cells that have been genetically engineered to produce granulocyte-macrophage colony-stimulating factor (GM-CSF). GM-CSF is an immunostimulant with potential antineoplastic and immunostimulatory effects.
LOXO-783 is an investigational (or experimental) medication that can be used orally to treat certain cancers. It is developed to target a specific abnormality (known as a PIK3CA mutation) that can occur in certain types of cancer cells and may be associated with disease progression.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current breast cancer marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Arimidex (Anastrozole) | AstraZeneca Pharmaceuticals |
Aromasin (Exemestane) | Pfizer |
Evista (Raloxifene Hydrochloride) | Eli Lilly and Company |
Femara (Letrozole) | Novartis Pharmaceuticals |
Herceptin (Trastuzumab) | Genentech, Inc |
SV-BR-1-GM | BriaCell Therapeutics Corporation |
Dato-DXd | Daiichi Sankyo, Inc. |
ladiratuzumab vedotin | Merck/Seagen |
Pembrolizumab/Vibostolimab | Merck Sharp & Dohme LLC |
LOXO-783 | Loxo Oncology |
*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
Breast Cancer: Current Treatment Scenario, Marketed Drugs and Emerging Therapies