The 7 major malignant mesothelioma markets reached a value of US$ 6.1 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 12.2 Billion by 2034, exhibiting a growth rate (CAGR) of 6.5% 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$ 6.1 Billion |
Market Forecast in 2034
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US$ 12.2 Billion |
Market Growth Rate 2024-2034
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6.5% |
The malignant mesothelioma market has been comprehensively analyzed in IMARC's new report titled "Malignant Mesothelioma Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Malignant mesothelioma refers to a rare and aggressive form of cancer characterized by the uncontrolled growth of abnormal cells in the mesothelium, a protective tissue that lines many of the body's internal organs. As the cancerous cells multiply and accumulate, they can form tumors, impair organ function, and spread to various other parts of the body (metastasize). The symptoms of the illness can vary depending on the affected area, but common signs include chest pain, shortness of breath, cough, fatigue, abdominal swelling and pain, weight loss, bowel obstruction, weakness, etc. The diagnosis of malignant mesothelioma is typically made by reviewing a patient's clinical features, medical history, and physical examination. Numerous imaging studies, like computed tomography (CT) scans, chest X-rays, positron emission tomography (PET) scans, etc., are recommended to visualize the presence of abnormal growths and their location. The healthcare provider may also conduct blood tests to evaluate certain biomarkers, such as soluble mesothelin-related peptides and fibulin-3, that may be indicative of the condition. Furthermore, a tissue biopsy is performed to confirm the presence of mesothelioma and determine its type.
The increasing cases of exposure to asbestos fibers, which release reactive oxygen species and inflammatory molecules that can damage DNA within the cells, are primarily driving the malignant mesothelioma market. In addition to this, the rising incidence of variations in tumor suppressor genes that are responsible for inhibiting cell division and promoting apoptosis is creating a positive outlook for the market. Moreover, the widespread adoption of photodynamic therapy, since it involves using a photosensitizing agent and light to selectively destroy tumors, thereby alleviating symptoms and improving the quality of life for patients, is further bolstering the market growth. Apart from this, the inflating application of immune checkpoint inhibitors, such as pembrolizumab, nivolumab, ipilimumab, etc., to promote a favorable safety profile with fewer adverse effects is acting as another significant growth-inducing factor. Additionally, the emerging popularity of gene therapy, which offer a way to overcome drug resistance by targeting specific genetic mutations or signaling pathways involved in resistance mechanisms, is expected to drive the malignant mesothelioma market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the malignant mesothelioma 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 malignant mesothelioma 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 malignant mesothelioma 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 malignant mesothelioma marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Yervoy (Ipilimumab) | Bristol Myers Squibb |
Opdivo (Nivolumab) | Bristol-Myers Squibb/Ono Pharmaceuticals |
MTG 201 | Momotaro-Gene |
RSO-021 | RS Oncology |
Tremelimumab | AstraZeneca |
Pembrolizumab | Merck & Co |
Dasatinib | Bristol-Myers Squibb |
*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
Malignant Mesothelioma: Current Treatment Scenario, Marketed Drugs and Emerging Therapies