The 7 major nasopharyngeal cancer markets reached a value of US$ 858.1 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 1,075.5 Million by 2034, exhibiting a growth rate (CAGR) of 2.07% 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$ 858.1 Million |
Market Forecast in 2034
|
US$ 1,075.5 Million |
Market Growth Rate (2024-2034)
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2.07% |
The nasopharyngeal cancer market has been comprehensively analyzed in IMARC's new report titled "Nasopharyngeal Cancer Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Nasopharyngeal cancer is a rare form of neck and head cancer that affects the nasopharynx, which is the upper part of the throat lying behind the nose. Depending on the size, location, extent, and severity of the tumor, the cancer is staged, ranging from 0-4. In several cases, people suffering from this ailment may experience a non-painful lump on the back of the neck. The other common symptoms include tinnitus, ringing in the ears, hearing loss, headaches, nasal stuffiness, difficulty opening the mouth, nosebleeds, ear infections, facial pain and numbness, trouble breathing or speaking, a feeling of fullness in the ear, etc. The diagnosis of nasopharyngeal cancer is based on a review of the patient's symptoms, medical history, hearing tests, and a complete physical exam. A healthcare professional may visually examine the nasopharynx, head, neck, lymph nodes, and facial muscles to detect any abnormalities or indications of cancer. Various diagnostic procedures, including computed tomography (CT) scan, positron emission tomography (PET) scan, magnetic resonance imaging (MRI), biopsy, etc., are utilized to further evaluate the extent of disease among patients.
The rising cases of Epstein-Barr virus infections, which can alter the DNA of cells in the nasopharynx, causing cells to grow and divide uncontrollably, are primarily driving the nasopharyngeal cancer market. In addition to this, the increasing incidences of several associated risk factors, such as regular consumption of salt-cured meat and fish, cigarette smoking, excessive alcohol intake, family history, etc., are also bolstering the market growth. Furthermore, the widespread adoption of concurrent chemoradiotherapy for the treatment of loco-regionally advanced disease is acting as another significant growth-inducing factor. This therapy approach aids in the substantial shrinkage of cancer cells, improves local tumor control, and promotes patient survival. Additionally, the escalating demand for immunotherapy, which boosts the body's defense mechanism to specifically detect and fight unhealthy cells, is also creating a positive outlook for the market. Moreover, the emerging popularity of proton therapy, since it involves the application of proton beams on tumors with greater sparing of exposure to normal tissues and minimum treatment-related toxicities, is expected to drive the nasopharyngeal cancer market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the nasopharyngeal 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 nasopharyngeal 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 nasopharyngeal 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 nasopharyngeal cancer marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Spartalizumab | Novartis Oncology |
Pembrolizumab | Merck & Co |
Nivolumab | Bristol-Myers Squibb/Ono Pharmaceuticals |
Nanatinostat | Viracta Therapeutics |
Sintilimab | Eli Lilly and Company/Innovent Biologics |
*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
Nasopharyngeal Cancer: Current Treatment Scenario, Marketed Drugs and Emerging Therapies