The 7 major neuroendocrine carcinoma markets reached a value of US$ 1.3 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 2.4 Billion by 2034, exhibiting a growth rate (CAGR) of 6.14% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year |
2023
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Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 1.3 Billion |
Market Forecast in 2034
|
US$ 2.4 Billion |
Market Growth Rate (2024-2034)
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6.14% |
The neuroendocrine carcinoma market has been comprehensively analyzed in IMARC's new report titled "Neuroendocrine Carcinoma Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Neuroendocrine carcinoma is a type of cancer originating from neuroendocrine cells, which are specialized cells that release hormones into the bloodstream. It can manifest with a variety of symptoms that depend on the location of the tumor and the hormones it secretes. Some of the common indications include abdominal pain, persistent cough or wheezing, changes in bowel movements, unexplained weight loss, flushing or redness of the skin, diarrhea, hormonal imbalances, palpable lumps or masses, fatigue, jaundice, etc. The diagnosis of neuroendocrine carcinoma involves a combination of clinical evaluation, imaging studies, histopathological analysis, and molecular testing. Initial assessment typically includes a thorough medical history, physical examination, and blood tests to evaluate hormone levels and overall health status. Various imaging techniques, such as computed tomography (CT), magnetic resonance imaging (MRI), positron emission tomography (PET) scans, etc., aid in locating the tumor, determining its size, and detecting metastases. Additionally, numerous molecular tests, including genetic profiling and assessment of specific biomarkers, may be conducted to guide treatment decisions and identify potential therapeutic targets.
The increasing incidences of specific genetic mutations or alterations that disrupt normal cell growth and division, thereby leading to the uncontrolled proliferation of neuroendocrine cells, are primarily driving the neuroendocrine carcinoma market. Furthermore, the rising prevalence of numerous associated risk factors, such as prolonged exposure to carcinogens, hormonal imbalances, chronic inflammation, etc., is acting as another significant growth-inducing factor. Additionally, the escalating application of embolization therapy to shrink the tumor and control symptoms is also creating a positive outlook for the market. This procedure involves blocking the blood supply to the tumor by injecting small particles or coils into the blood vessels that are feeding the tumor. Moreover, the emerging popularity of immune checkpoint inhibitors, including pembrolizumab and nivolumab, among patients with high tumor mutational burden or mismatch repair deficiency is further bolstering the market growth. Apart from this, the widespread adoption of multiparametric magnetic resonance imaging (MRI) techniques, such as diffusion-weighted imaging (DWI) and dynamic contrast-enhanced MRI (DCE-MRI), on account of their several associated benefits, including improved lesion identification, assessment of tumor aggressiveness, detection of metastases, etc., is expected to drive the neuroendocrine carcinoma market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the neuroendocrine carcinoma 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 neuroendocrine carcinoma 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 neuroendocrine carcinoma market in any manner.
Iadademstat is a small oral drug that acts as a highly selective inhibitor of the epigenetic enzyme LSD1 and has a strong differentiating impact in hematologic malignancies and neuroendocrine tumors. Iadademstat is being tested in a collaborative Phase II basket research with the Fox Chase Cancer Center, in combination with paclitaxel in relapsed/refractory neuroendocrine carcinomas.
Pembrolizumab is an anti-programmed death receptor-1 (PD-1) that improves the immune system's ability to detect and fight tumor cells. It is a humanized monoclonal antibody that inhibits the interaction of PD-1 and its ligands, PD-L1 and PD-L2, activating T lymphocytes and affecting both tumor and healthy cells.
Lenvatinib is an orally available multiple receptor tyrosine kinase inhibitor that inhibits the kinase activity of the vascular endothelial growth factor (VEGF) receptors VEGFR1 (FLT1), VEGFR2 (KDR), and VEGFR3 (FLT4). Lenvatinib inhibits kinases involved in pathogenic angiogenesis, tumor growth, and cancer progression, such as FGFR1-4, PDGFRα, KIT, and RET.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current neuroendocrine carcinoma marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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RO7616789 | Roche |
Atezolizumab | Genentech |
Iadademstat | Oryzon Genomics |
Pembrolizumab | Merck & Co |
Lenvatinib | Eisai Co Ltd/Merck & Co |
*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
Neuroendocrine Carcinoma: Current Treatment Scenario, Marketed Drugs and Emerging Therapies