Dublin, Jan. 09, 2025 (GLOBE NEWSWIRE) — The “NUT Midline Carcinoma Treatment Market by Treatment, by Route of Administration, by End-User, and By Region” report has been added to ResearchAndMarkets.com’s offering.
The global NUT midline carcinoma treatment market size was estimated to be USD 21.88 billion in 2023 and is expected to reach USD 79.38 billion by 2034 with a CAGR of 12.43% during the forecast period 2024-2034
Increased investment in cancer research and clinical trials, growing focus on rare cancers, advances in targeted therapy and precision medicine, growing awareness and early diagnosis, and joint efforts between research institutions and biopharmaceutical companies will all contribute to the market’s growth.
The growing awareness of rare cancers, such as NMC, driven by awareness campaigns and improved healthcare infrastructure, is significantly impacting the market for diagnostics and treatments. Early diagnosis is particularly critical for NMC due to its aggressive nature, and advanced diagnostic technologies like next-generation sequencing (NGS) and molecular profiling have enhanced detection capabilities, allowing for treatment to begin at earlier stages.
However, a study from the Dana-Farber Cancer Institute published in October 2023 indicates that the true prevalence of NMC is largely unknown, primarily due to limited testing methods and a lack of clinical awareness, with approximately 500 individuals diagnosed in the U.S. each year.
North American region is anticipated to have the highest revenue share during the forecast period owing to advanced healthcare infrastructure, high prevalence of cancer, and strong R&D investments. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to rising healthcare investments, improving access to cancer treatments, and increasing awareness of rare diseases.
For instance, Pfizer presented their novel strategy to a wide range of scientists, doctors, healthcare professionals, survivors, patients, and activists in April 2024 at the American Association for Cancer Research (AACR) Annual Meeting, which was held from April 5-10 in San Diego, California. Through Pfizer’s sponsorship, we presented 19 abstracts from our expanding pipeline and top portfolio. Breast, genitourinary, and thoracic malignancies were the three main tumor categories covered by these abstracts, which also addressed all three fundamental modalities – small molecules, immuno-oncology (IO) biologics, and ADCs.
By treatment, the chemotherapy segment accounted for the highest revenue-grossing segment in the global NUT midline carcinoma treatment market in 2023 owing to the widespread use of chemotherapy as a first-line treatment for aggressive cancers like NMC.
For instance, the National Library of Medicine published a research in December 2023 that included five incidences of NUT midline cancer in India. Further propelling market expansion are active clinical trials and cancer research initiatives by the Indian Council of Medical Research (ICMR) and other organizations. Additionally, the targeted therapy segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing focus on personalized medicine and development of BET inhibitors for NMC.
By route of administration, the intravenous segment accounted for the highest revenue-grossing segment in the global NUT midline carcinoma treatment market in 2023 owing to the preference for IV administration in delivering chemotherapy and targeted therapies.
For instance, A study conducted at University Hospital Tuebingen between 2016 and 2023 that was published by the National Library of Medicine in March 2024 identified and assessed 35 adult patients with NUT cancer (NC) from five different European nations. 19 out of 35 individuals, or 54.0% of the total, had thoracic tumors, according to the study. With its designation of orphan medication and expedited approval procedures, the European Medicines Agency (EMA) encourages the discovery of novel therapies. Additionally, the oral segment is predicted to grow at the fastest CAGR during the forecast period owing to the convenience and patient preference for oral-targeted therapies.
By end-user, the hospital’s segment accounted for the highest revenue-grossing segment in the global NUT midline carcinoma treatment market in 2023 owing to the availability of comprehensive cancer treatment and specialized care in hospitals.
For instance, in June 2024, Bristol-Myers Squibb created Trotabresib, which is presently undergoing Phase I trials and targets proteins called extra-terminal (BET) and bromodomain that are involved in the progression of cancer. This oral medication is being developed for some diseases, including hematologic malignancies, diffuse astrocytomas, glioblastoma multiforme, and advanced basal cell carcinomas. Additionally, it is being investigated for the treatment of uncommon tumors including endometrial, salivary gland, and NUT midline carcinomas. Additionally, the specialty clinics segment is predicted to grow at the fastest CAGR during the forecast period owing to the rise in outpatient care and focus on targeted therapies in specialized settings.
Key Attributes:
Report Attribute | Details |
No. of Pages | 200 |
Forecast Period | 2023 – 2034 |
Estimated Market Value (USD) in 2023 | $21.88 Billion |
Forecasted Market Value (USD) by 2034 | $79.38 Billion |
Compound Annual Growth Rate | 12.4% |
Regions Covered | Global |
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Treatment, Route of Administration, and End-User
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of the Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement.
Competitor Analysis
- Novartis AG
- Roche Holding AG
- Gilead Sciences Inc.
- Merck & Co. Inc.
- Bristol-Myers Squibb Company
- Amgen Inc.
- AstraZeneca PLC
- Sanofi S.A.
- Eli Lilly and Company
- AbbVie Inc.
- Blueprint Medicines Corporation
- Zymeworks Inc.
- Kite Pharma Inc.
- Oncoceutics Inc.
- C4 Therapeutics Inc.
NUT Midline Carcinoma Treatment Market Analysis & Forecast by Treatment 2023 – 2034 (Revenue USD Bn)
- Chemotherapy
- Targeted Therapy
- Immunotherapy
- Radiation Therapy
- Others
NUT Midline Carcinoma Treatment Market Analysis & Forecast by Route of Administration 2023 – 2034 (Revenue USD Bn)
- Oral
- Intravenous (IV)
- Other
NUT Midline Carcinoma Treatment Market Analysis & Forecast by End-User 2023 – 2034 (Revenue USD Bn)
- Hospitals
- Specialty Clinics
- Other
NUT Midline Carcinoma Treatment Market Analysis & Forecast by Region 2023 – 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
For more information about this report visit https://www.researchandmarkets.com/r/il936u
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- Global NUT Midline Carcinoma Treatment Market