Skin Cancer Treatment Market Size to Witness Huge Growth Of USD 14.5 billion by 2031 Says Allied Market Research
Based on region, North America accounted for the highest share in 2021, and is expected to maintain its dominance by 2031.
PORTLAND, OREGON, UNITED STATES, November 8, 2022 /EINPresswire.com/ -- According to the report published by Allied Market Research, The Skin Cancer Treatment Market Size surpassed USD 7.2 billion in 2021 and is estimated to grow at USD 14.5 billion by 2031, registering a CAGR of 7.3% from 2022 to 2031.
The report offers an extensive analysis of changing market dynamics, top segments, value chain, competitive landscape, and the Covid-19 pandemic impact. This report provides detailed information for market players, stakeholders, investors, and startups to help them devise strategies for gaining competitive edge and sustainable growth.
Increase in incidence of melanoma and non-melanoma type of cancer and surge in demand for immunotherapy and targeted therapy-based treatments drive the global skin cancer treatment market.
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Key Players of Global Skin Cancer Treatment Market Report –
• Amgen Inc.
• Bristol Myers Squibb Company
• F.Hoffman –La-Roche Ltd.
• GlaxoSmithKline Plc.
• LEO Pharm A/S
• Novartis AG
• Merck KGAA
• Regeneron Pharmaceuticals
• Pfizer Inc.
• Sun Pharmaceuticals Industries Ltd
Global Skin Cancer Treatment Market Segmentation –
The research provides detailed segmentation of the global skin cancer treatment market based on type, therapy, distribution channel, and region. The research discusses segments along with their sub-segments to identify the largest revenue-generating and fastest-growing segments for market players and startups. Market size and estimations for each segment and its sub-segment are offered in the report to identify the steps that can be adopted for achieving the growth.
Based on type, the melanoma segment held the highest share in 2021, accounting for more than four-fifths of the total share, and is projected to continue its leadership status during the forecast period. However, the non-melanoma segment is expected to manifest the highest CAGR of 8.8% from 2022 to 2031.
Based on therapy, the immunotherapy segment accounted for the highest share in 2021, contributing to more than three-fifths of the global skin cancer treatment market, and is projected to maintain its lead in terms of revenue during the forecast period. However, the targeted therapy segment is expected to manifest the highest CAGR of 8.6% from 2022 to 2031. The report also analyzes the chemotherapy segment.
Based on distribution channel, the drug stores and retail pharmacies segment contributed to the highest share in 2021, holding nearly half of the market, and is expected to dominate in 2031. However, the online providers segment is projected to grow at the highest CAGR of 8.5% during the forecast period. The research also discusses the hospital pharmacies segments.
Based on region, North America accounted for the highest share in 2021, holding more than two-fifths of the global market, and is expected to maintain its dominance by 2031. However, Asia-Pacific is estimated to grow at the fastest CAGR of 8.6% during the forecast period. The research also analyzes regions including Europe and LAMEA.
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By Region Outlook
• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Our Market Research Solution Provides You Answer to Below Mentioned Question:
• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2031?
• How big is the global & regional market in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• Which region has more opportunities?
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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Allied Analytics LLP
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