[Latest] Global Non-Small-Cell Lung Cancer Drug Market

Austin, TX, USA, May 21, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Non-Small-Cell Lung Cancer Drug Market Size, Trends and Insights By Cancer Type (Non-Small Cell Lung Cancer, Metastatic Lung Cancer, Pulmonary Neuroendocrine Tumours, Mediastina Tumours, Mesothelioma, Chest Wall Tumours), By Application (Adenocarcinomas, Squamous Cell Carcinoma, Large Cell Carcinomas, Others), By Molecule Type (Small Molecules, Biologics), By Drug Class (Alkylating Agents, Antimetabolites, EGFR Inhibitors, Mitotic Inhibitors, Multi-kinase Inhibitors, Others), By Treatment Type (Chemotherapy, Radiation Therapy, Targeted Therapy, Immunotherapy, Others), By Diagnosis (CT scan, X-Rays, Sputum Cytology, Bronchoscopy, Laboratory Tests, Thoracoscopy, Others), By End User (Hospitals, Homecare, Specialty Clinics, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.

“According to the latest research study, the demand of global Non-Small-Cell Lung Cancer Drug Market size & share was valued at approximately USD 31,614.8 Million in 2023 and is expected to reach USD 34,175.6 Million in 2024 and is expected to reach a value of around USD 68,888.6 Million by 2033, at a compound annual growth rate (CAGR) of about 8.1% during the forecast period 2024 to 2033.”

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NSCLC Drug Market: Growth Factors and Dynamics

Advancements in Targeted Therapies: The NSCLC drug market is driven by advancements in targeted therapies, such as tyrosine kinase inhibitors (TKIs) and immune checkpoint inhibitors (ICIs), which offer improved efficacy and tolerability compared to traditional chemotherapy.

Increasing Incidence of NSCLC: The rising prevalence of NSCLC, attributed to factors such as smoking, air pollution, and aging populations, drive market growth by increasing the demand for effective treatment options and supportive care interventions.

Personalized Medicine Approaches: Growing adoption of personalized medicine approaches, including biomarker testing and genetic profiling, allows for the identification of specific molecular targets and the development of tailored treatment regimens, enhancing therapeutic outcomes and driving market expansion.

Clinical Trial Activity: Robust clinical trial activity in the NSCLC drug market, focusing on novel therapeutic agents, combination therapies, and treatment modalities such as immunotherapy and targeted therapy combinations, stimulates innovation, fosters competition, and drives market growth.

Emerging Biologic Therapies: The emergence of biologic therapies, including monoclonal antibodies and antibody-drug conjugates, offers new treatment options for NSCLC patients, targeting specific cellular pathways and tumor antigens to inhibit tumor growth and improve survival outcomes.

Expanding Access to Healthcare: Efforts to improve access to healthcare services, including cancer screening, diagnosis, and treatment, in emerging markets and underserved populations, contribute to increased patient awareness, diagnosis rates, and treatment initiation, supporting market growth for NSCLC drugs on a global scale.

Advancements in Early Detection and Diagnosis: Improvements in screening techniques, imaging modalities, and diagnostic tools facilitate early detection and diagnosis of NSCLC, allowing for timely intervention and improved patient outcomes. Enhanced diagnostic capabilities contribute to increased treatment efficacy and drive market growth by expanding the eligible patient population for therapeutic interventions.

Regulatory Approvals and Market Access: Regulatory approvals for new NSCLC drugs, along with favorable reimbursement policies and market access initiatives, play a crucial role in driving the market growth. Expedited approval processes, breakthrough designations, and accelerated pathways enable timely access to innovative therapies, fostering competition, innovation, and investment in the NSCLC drug market.

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NSCLC Drug Market: Partnership and Acquisitions

In 2023, Novocure announced successful results from the LUNAR study, demonstrating that Tumor Treating Fields (TTFields) combined with standard therapies for stage 4 non-small cell lung cancer (NSCLC) met its primary endpoint. This outcome signifies a promising advancement in treatment options for patients who have progressed after platinum-based therapy.

In 2023, AbbVie achieved a significant milestone with the FDA approval of EPKINLYTM (epcoritamab-bysp), the first T-cell engaging bispecific antibody sanctioned for treating adult patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL) and high-grade B-cell lymphoma (HGBL) who have received two or more lines of systemic therapies.

Report Scope

Feature of the Report	Details
Market Size in 2024	USD 34,175.6 Million
Projected Market Size in 2033	USD 68,888.6 Million
Market Size in 2023	USD 31,614.8 Million
CAGR Growth Rate	8.1% CAGR
Base Year	2023
Forecast Period	2024-2033
Key Segment	By Cancer Type, Application, Molecule Type, Drug Class, Treatment Type, Diagnosis, End User and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Non-Small-Cell Lung Cancer Drug report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
About 220+ Pages Research Report (Including Recent Research)
Provide detailed chapter-by-chapter guidance on the Request.
Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
Includes Tables and figures have been updated.
The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
Custom Market Insights (CMI) research methodology

(Please note that the sample of the Non-Small-Cell Lung Cancer Drug report has been modified to include the COVID-19 impact study prior to delivery.)

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NSCLC Drug Market: COVID-19 Analysis

The COVID-19 pandemic has had a significant impact on the Non-Small-Cell Lung Cancer Drug Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

Disruption in Healthcare Services: COVID-19 led to disruptions in healthcare services, including delays in cancer screenings, diagnostic procedures, and treatment initiation for NSCLC patients. Reduced patient visits to healthcare facilities and prioritization of resources for COVID-19 management resulted in decreased diagnosis rates and treatment adherence.

Clinical Trial Delays: Many clinical trials investigating novel NSCLC drugs experienced delays or suspensions due to pandemic-related restrictions, site closures, and challenges in patient recruitment and retention. This interruption in research activities hindered new therapies’ development and regulatory approval, impacting the pipeline of innovative treatments for NSCLC.

Resumption of Healthcare Services: As the pandemic situation improves, healthcare facilities are gradually resuming elective procedures, cancer screenings, and treatment services for NSCLC patients. Implementing safety protocols, telemedicine options, and patient education programs facilitates the safe resumption of healthcare services and ensures continuity of care.

Emphasis on Early Detection and Diagnosis: Efforts to catch up on missed cancer screenings and promote awareness about the importance of early detection of NSCLC are underway. Campaigns encouraging individuals to undergo lung cancer screening and seek medical attention for symptoms aim to facilitate early diagnosis and improve treatment outcomes.

Investment in Telemedicine and Remote Monitoring: Telemedicine platforms and remote monitoring technologies continue to play a crucial role in delivering care to NSCLC patients. Integration of telehealth services into oncology practices enables remote consultations, follow-ups, and monitoring of treatment responses, ensuring continuity of care while minimizing patient exposure to COVID-19.

Research Continuity and Innovation: The resumption of clinical trials and research activities is vital for advancing NSCLC treatment options. Increased collaboration, funding support, and innovative trial designs (such as decentralized trials) accelerate novel therapies’ development, driving recovery and progress in the NSCLC drug market.

In conclusion, the COVID-19 pandemic has had a mixed impact on the Non-Small-Cell Lung Cancer Drug Market, with some challenges and opportunities arising from the pandemic.

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Key questions answered in this report:

What is the size of the Non-Small-Cell Lung Cancer Drug market and what is its expected growth rate?
What are the primary driving factors that push the Non-Small-Cell Lung Cancer Drug market forward?
What are the Non-Small-Cell Lung Cancer Drug Industry's top companies?
What are the different categories that the Non-Small-Cell Lung Cancer Drug Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the Non-Small-Cell Lung Cancer Drug market sample report and company profiles?

Key Offerings:

Market Share, Size & Forecast by Revenue | 2024−2033
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Non-Small-Cell Lung Cancer Drug Market – Regional Analysis

The Non-Small-Cell Lung Cancer Drug Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

North America: In North America, trends in the Non-Small-Cell Lung Cancer (NSCLC) drug market include a focus on precision medicine approaches, with the integration of biomarker testing and targeted therapies to tailor treatment regimens to individual patient profiles. Additionally, there is an emphasis on oncology research and development, with a high concentration of clinical trials and collaborations between academic institutions and pharmaceutical companies.

Europe: In Europe, trends in the NSCLC drug market revolve around initiatives to improve patient access to innovative therapies and optimize healthcare delivery. This includes efforts to harmonize regulatory processes, facilitate early market access for promising treatments, and promote cost-effective utilization of healthcare resources through value-based pricing and reimbursement models.

Asia-Pacific: In the Asia-Pacific region, trends in the NSCLC drug market are characterized by rising healthcare expenditures, increasing adoption of novel therapies, and expansion of healthcare infrastructure to address the growing burden of cancer. There is a focus on enhancing oncology care networks, fostering collaborations between healthcare stakeholders, and promoting innovation in drug development and delivery to meet the evolving needs of NSCLC patients.

LAMEA (Latin America, Middle East & Africa): In LAMEA, trends in the NSCLC drug market are driven by efforts to address healthcare disparities and improve access to cancer care in underserved regions. This includes initiatives to strengthen healthcare systems, increase awareness about NSCLC prevention and early detection, and expand patient support services to enhance treatment outcomes and quality of life for NSCLC patients.

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Browse the full “Non-Small-Cell Lung Cancer Drug Market Size, Trends and Insights By Cancer Type (Non-Small Cell Lung Cancer, Metastatic Lung Cancer, Pulmonary Neuroendocrine Tumours, Mediastina Tumours, Mesothelioma, Chest Wall Tumours), By Application (Adenocarcinomas, Squamous Cell Carcinoma, Large Cell Carcinomas, Others), By Molecule Type (Small Molecules, Biologics), By Drug Class (Alkylating Agents, Antimetabolites, EGFR Inhibitors, Mitotic Inhibitors, Multi-kinase Inhibitors, Others), By Treatment Type (Chemotherapy, Radiation Therapy, Targeted Therapy, Immunotherapy, Others), By Diagnosis (CT scan, X-Rays, Sputum Cytology, Bronchoscopy, Laboratory Tests, Thoracoscopy, Others), By End User (Hospitals, Homecare, Specialty Clinics, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” Report at https://www.custommarketinsights.com/report/non-small-cell-lung-cancer-drug-market/

List of the prominent players in the NSCLC Drug Market:

AstraZeneca PLC
Bristol Myers Squibb Company
Merck & Co. Inc.
Hoffmann-La Roche Ltd.
Pfizer Inc.
Novartis AG
Eli Lilly and Company
Boehringer Ingelheim International GmbH
Takeda Pharmaceutical Company Limited
AbbVie Inc.
GlaxoSmithKline plc
Johnson & Johnson
Sanofi S.A.
Celgene Corporation
Daiichi Sankyo Company Limited
Others

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The NSCLC Drug Market is segmented as follows:

By Cancer Type

Non-Small Cell Lung Cancer
Metastatic Lung Cancer
Pulmonary Neuroendocrine Tumours
Mediastina Tumours
Mesothelioma
Chest Wall Tumours

By Application

Adenocarcinomas
Squamous Cell Carcinoma
Large Cell Carcinomas
Others

By Molecule Type

Small Molecules
Biologics

By Drug Class

Alkylating Agents
Antimetabolites
EGFR Inhibitors
Mitotic Inhibitors
Multi-kinase Inhibitors
Others

By Treatment Type

Chemotherapy
Radiation Therapy
Targeted Therapy
Immunotherapy
Others

By Diagnosis

CT scan
X-Rays
Sputum Cytology
Bronchoscopy
Laboratory Tests
Thoracoscopy
Others

By End User

Hospitals
Homecare
Specialty Clinics
Others

Click Here to Get a Free Sample Report of the Global Non-Small-Cell Lung Cancer Drug Market @ https://www.custommarketinsights.com/report/non-small-cell-lung-cancer-drug-market/

Regional Coverage:

North America

U.S.
Canada
Mexico
Rest of North America

Europe

Germany
France
U.K.
Russia
Italy
Spain
Netherlands
Rest of Europe

Asia Pacific

China
Japan
India
New Zealand
Australia
South Korea
Taiwan
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

This Non-Small-Cell Lung Cancer Drug Market Research/Analysis Report Contains Answers to the following Questions.

Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Non-Small-Cell Lung Cancer Drug Market? What are Their Company Profile, Product Information, and Contact Information?
What Was the Global Market Status of the Non-Small-Cell Lung Cancer Drug Market? What Was the Capacity, Production Value, Cost and PROFIT of the Non-Small-Cell Lung Cancer Drug Market?
What Is the Current Market Status of the Non-Small-Cell Lung Cancer Drug Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Non-Small-Cell Lung Cancer Drug Market by Considering Applications and Types?
What Are Projections of the Global Non-Small-Cell Lung Cancer Drug Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
What Is Non-Small-Cell Lung Cancer Drug Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is the Economic Impact On Non-Small-Cell Lung Cancer Drug Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Non-Small-Cell Lung Cancer Drug Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Non-Small-Cell Lung Cancer Drug Industry?

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Reasons to Purchase Non-Small-Cell Lung Cancer Drug Market Report

Non-Small-Cell Lung Cancer Drug Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
Non-Small-Cell Lung Cancer Drug Market report outlines market value (USD) data for each segment and sub-segment.
This report indicates the region and segment expected to witness the fastest growth and dominate the market.
Non-Small-Cell Lung Cancer Drug Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
Non-Small-Cell Lung Cancer Drug Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

The study provides a thorough overview of the global Non-Small-Cell Lung Cancer Drug market. Compare your performance to that of the market as a whole.

Aim to maintain competitiveness while innovations from established key players fuel market growth.

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What does the report include?

Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Non-Small-Cell Lung Cancer Drug market analysis.

The competitive environment of current and potential participants in the Non-Small-Cell Lung Cancer Drug market is covered in the report, as well as those companies' strategic product development ambitions.

According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

Participants and stakeholders worldwide Non-Small-Cell Lung Cancer Drug market should find this report useful. The research will be useful to all market participants in the Non-Small-Cell Lung Cancer Drug industry.
Managers in the Non-Small-Cell Lung Cancer Drug sector are interested in publishing up-to-date and projected data about the worldwide Non-Small-Cell Lung Cancer Drug market.
Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Non-Small-Cell Lung Cancer Drug products' market trends.
Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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