Metastatic Colorectal Cancer Therapeutics Market Size to Hit US$ 22.41 Billion by 2031 | Growth Plus Reports

Newark, New Castle, USA, June 21, 2023 (GLOBE NEWSWIRE) — According to the most recent analysis by Growth Plus Reports, the metastatic colorectal cancer therapeutics market was valued in 2022 at US$ 15.63 billion and is expected to register a revenue CAGR of 4.09% to hit US$ 22.41 billion by 2031.

The global market for metastatic colorectal cancer therapeutics was analyzed and is expected to rise significantly during the forecast period. The third most common kind of cancer, colorectal cancer (CRC), usually results from metastasis, which is the main cause of mortality. The peritoneum and the liver are frequent locations for distant metastases. 

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                    Metastatic Colorectal Cancer Therapeutics Market Scope

Competitive Landscape 

Following is a list of the top market players operating in the global market for metastatic colorectal cancer therapeutics: 

• 3M Company
• Cardinal Health
• Smith & Nephew plc
• DermaRite Industries LLC
• ConvaTec Group plc
• B. Braun Melsungen AG

Key Takeaways: 

• Several environmental and genetic factors raise the likelihood of acquiring the condition driving the market revenue share.
• The introduction of new front-line medicines is driving the demand for metastatic colorectal cancer therapeutics.
• Several advancements and increasing biomedical R&D are creating a strong product pipeline.

Market Drivers and Restraints: 

The driving factor for the metastatic colorectal cancer therapeutics market revenue is the rising number of patients acquiring the disease. Furthermore, novel research for introducing genetic treatments and other options for metastatic colorectal cancer therapy is contributing to the market revenue growth. 

However, the high expense of target medicines and drug resistance are restraining market revenue growth. 

Market Segmentation: 

Segmentation By Treatment Regime

Based on the treatment regime, the global metastatic colorectal cancer therapeutics market is segmented into monotherapy and combination therapy. Due to its effectiveness in treating colorectal cancer in its early stages, the monotherapy segment accounts for the largest market revenue share. The therapy can be administered orally or intravenously, making it more convenient to use.

Segmentation By Therapy

Based on the therapy, the global metastatic colorectal cancer therapeutics market is segmented into chemotherapy, targeted therapy, immunotherapy, and others, being the most preferable and standard treatment option; the chemotherapy segment accounts for the largest revenue share.

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Segmentation By End-User

Based on end-user, the global metastatic colorectal cancer therapeutics market is segmented into hospitals, cancer centers, ambulatory surgical centers, and others. The highest revenue share globally is accounted for by hospitals with the surgical suites, radiation therapy units, and oncology departments required for cancer diagnosis, treatment, and care. 

Regional Growth Dynamics

Based on the region, the global metastatic colorectal cancer therapeutics market is segmented into North America, Asia Pacific, Latin America, Europe, and the Middle East & Africa. Due to the availability of a sophisticated healthcare system, a rising patient pool, and highly skilled healthcare professionals, North America accounts for the most significant revenue share in the global market.

Report Coverage 

Growth Plus Reports studied the global market for metastatic colorectal cancer therapeutics in-depth and analyzed the basic market characteristics, significant investment areas, analytics of regional growth, revenue forecast, competitive market players, mergers, and acquisitions. 

Table of Content

1. INTRODUCTION
   1. Market Ecosystem 
   2. Timeline Under Consideration
      1. Historical Years – 2021
      2. Base Year – 2022
      3. Forecast Years – 2023 to 2031
   3. Currency Used in the Report
2. RESEARCH METHODOLOGY 
   1. Research Approach
   2. Data Collection Methodology
   3. Data Sources
      1. Secondary Sources 
      2. Primary Sources 
   4. Market Estimation Approach
      1. Bottom Up 
      2. Top Down 
   5. Market Forecasting Model
   6. Limitations and Assumptions       
3. PREMIUM INSIGHTS
   1. Current Market Trends (COVID-19 Perspective)
   2. Key Players & Competitive Positioning (2022)
   3. Regulatory Landscape
   4. Reimbursement Scenario
   5. Epidemelogy and Patient Population Forecast to 2031
4. MARKET DYNAMICS
   1. Drivers
   2. Restraints
   3. Opportunities
5. GLOBAL METASTATIC COLORECTAL CANCER THERAPEUTICS MARKET- ANALYSIS & FORECAST, BY TREATMENT REGIME
   1. Monotherapy
   2. Combination Therapy
6. GLOBAL METASTATIC COLORECTAL CANCER THERAPEUTICS MARKET- ANALYSIS & FORECAST, BY THERAPY
   1. Chemotherapy
   2. Targeted Therapy
   3. Immunotherapy
   4. Others
7. GLOBAL METASTATIC COLORECTAL CANCER THERAPEUTICS MARKET- ANALYSIS & FORECAST, BY END USER
   1. Hospitals
   2. Cancer Centers
   3. Ambulatory Surgical Centers
   4. Others

METASTATIC COLORECTAL CANCER THERAPEUTICS MARKET TOC

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