GITNUX MARKETDATA REPORT 2024

Cancer Treatment Industry Statistics

The global cancer treatment industry is valued at billions of dollars and is projected to continue growing due to increasing incidence rates and advancements in medical technology and treatments.

Highlights: Cancer Treatment Industry Statistics

  • Nearly 30-50% of all cancer cases are preventable.
  • It is estimated that by 2040, the cancer burden is expected to grow to 27.5 million new cancer cases per year.
  • The global cancer therapy market was worth USD 136,254.35 million in 2018.
  • By 2025, the global cancer therapy market is projected to reach USD 220,701.29 million.
  • The cancer immunotherapy market is anticipated to reach USD 126.9 billion by 2026.
  • In 2020, there were approximately 19.3 million new cancer cases globally.
  • The global oncology/cancer drugs market size was valued at $97,401 million in 2017, and is expected to reach $176,509 million by 2025.
  • Breast cancer drugs market size was valued at USD 16.3 billion in 2020.
  • In 2018, an estimated 9.6 million deaths, or 1 in 6 deaths, were due to cancer.
  • On average, every year, around 1.5 million people in the US are diagnosed with cancer.
  • Proton therapy is projected to reach USD 1.09 billion by 2027.
  • The cancer diagnosis market is expected to reach $249.6 billion by 2026.
  • The cancer genomics market is estimated to reach USD 15.30 billion by 2026.
  • The global hematologic malignancies market is expected to reach USD 85.6 billion by 2022.
  • Bladder cancer treatment market will reach $360.4 million by 2027.
  • Radiation therapy equipment market is projected to reach USD 2.07 billion by 2028.
  • The global cancer genomics market size was valued at USD 12.5 billion in 2018.
  • Cancer Biologics Market size is projected to reach USD 87.0 billion by 2027.

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The Latest Cancer Treatment Industry Statistics Explained

Nearly 30-50% of all cancer cases are preventable.

The statistic that nearly 30-50% of all cancer cases are preventable indicates that a significant portion of cancer diagnoses can be attributed to modifiable lifestyle factors and environmental exposures. By making healthy choices such as maintaining a balanced diet, engaging in regular physical activity, avoiding tobacco and excessive alcohol consumption, and protecting oneself from harmful UV radiation, individuals can reduce their risk of developing certain types of cancer. Additionally, engaging in cancer screening programs and vaccination against certain viruses linked to cancer can further contribute to prevention efforts. Understanding and promoting prevention strategies is crucial in reducing the overall burden of cancer and improving public health outcomes.

It is estimated that by 2040, the cancer burden is expected to grow to 27.5 million new cancer cases per year.

This statistic indicates that the global burden of cancer is projected to increase significantly by the year 2040, with an estimated 27.5 million new cancer cases expected annually. This significant rise in cancer incidence reflects various factors such as an aging population, lifestyle changes, environmental factors, and improved cancer detection methods. The increasing cancer burden poses substantial challenges for healthcare systems worldwide, requiring greater investment in prevention, early detection, and treatment services to address the growing demand for cancer care and to improve outcomes for individuals affected by this disease.

The global cancer therapy market was worth USD 136,254.35 million in 2018.

The statistic “The global cancer therapy market was worth USD 136,254.35 million in 2018” signifies the total monetary value of cancer treatment products and services traded in the global market during the year 2018. This substantial figure highlights the immense scale and financial significance of the cancer therapy industry worldwide. The size of the market suggests a significant demand for cancer treatment options and a substantial investment in research, development, and healthcare services related to combating this disease. This statistic provides valuable insight into the economic impact and magnitude of the cancer therapy market on a global scale.

By 2025, the global cancer therapy market is projected to reach USD 220,701.29 million.

The statistic states that the global cancer therapy market is anticipated to reach a value of USD 220,701.29 million by the year 2025. This projection suggests a substantial growth in the market for cancer treatment modalities worldwide over the next few years. Factors contributing to this growth may include advancements in medical technology, increased awareness about cancer, expanding access to healthcare services, and a growing prevalence of cancer cases globally. The significant monetary value represents the substantial investment and expenditure in research, development, and delivery of cancer therapies to address the increasing burden of cancer and improve patient outcomes on a global scale.

The cancer immunotherapy market is anticipated to reach USD 126.9 billion by 2026.

This statistic refers to the projected growth of the cancer immunotherapy market, indicating that it is expected to reach a value of USD 126.9 billion by the year 2026. The term “cancer immunotherapy” refers to a type of treatment that harnesses the power of the immune system to target and destroy cancer cells. This projection suggests a significant increase in the demand and adoption of cancer immunotherapies in the coming years, likely driven by advancements in research and development, increasing prevalence of cancer cases, and growing awareness of the benefits of immunotherapy as a treatment option. The anticipated market value highlights the potential for continued innovation and investment in this area of cancer treatment.

In 2020, there were approximately 19.3 million new cancer cases globally.

The statistic stating that there were approximately 19.3 million new cancer cases globally in 2020 represents a significant public health concern and highlights the widespread impact of cancer on a global scale. This number reflects the growing burden of cancer worldwide and underscores the importance of continued efforts in prevention, early detection, and treatment. Understanding the extent of new cancer cases can help inform healthcare policies, resource allocation, and research priorities to address the challenges posed by this complex disease and improve outcomes for individuals affected by cancer.

The global oncology/cancer drugs market size was valued at $97,401 million in 2017, and is expected to reach $176,509 million by 2025.

The statistic provided highlights the significant growth and economic impact of the global oncology or cancer drugs market. In 2017, the market size was valued at $97,401 million, indicating the substantial financial investment and focus on cancer treatment and research. The projected increase to $176,509 million by 2025 signals a substantial growth trajectory in the industry, reflecting the increasing demand for oncology drugs and the ongoing development of new and improved treatments. This growth trend underscores the vital importance of the oncology sector in addressing the global burden of cancer and the continuous efforts to advance treatment options for patients worldwide.

Breast cancer drugs market size was valued at USD 16.3 billion in 2020.

The statistic “Breast cancer drugs market size was valued at USD 16.3 billion in 2020” indicates the total monetary value of the market for drugs specifically designed for the treatment of breast cancer in the year 2020. This figure represents the total revenue generated from the sales of such drugs within that market during that time period. The valuation of the market at USD 16.3 billion suggests that there is a significant demand for breast cancer drugs, reflecting the prevalence and impact of breast cancer on global health. This statistic is important for stakeholders in the healthcare industry, investors, policymakers, and researchers to understand the economic significance and growth potential of the breast cancer drugs market.

In 2018, an estimated 9.6 million deaths, or 1 in 6 deaths, were due to cancer.

The statistic that approximately 9.6 million deaths in 2018, representing 1 in 6 deaths globally, were attributed to cancer underscores the significant burden of this disease on a global scale. Cancer is a leading cause of death worldwide, affecting individuals of all ages and backgrounds. The staggering number of deaths highlights the urgent need for continued research, prevention strategies, early detection methods, and access to quality healthcare services to address this public health issue. Increased efforts in cancer prevention, treatment, and support services are crucial to reducing the impact of cancer on individuals, families, and communities worldwide.

On average, every year, around 1.5 million people in the US are diagnosed with cancer.

The statistic “On average, every year, around 1.5 million people in the US are diagnosed with cancer” highlights the substantial burden of cancer in the United States. This figure signifies the significant impact of cancer on individuals and families across the country, representing a significant public health concern. The data underscores the prevalence of cancer as a leading cause of illness and mortality in the US, necessitating continuous efforts in prevention, early detection, and effective treatment strategies to reduce the burden of this disease and improve the overall health outcomes for those affected.

Proton therapy is projected to reach USD 1.09 billion by 2027.

The statistic states that the market value of proton therapy, a type of cancer treatment that uses high-energy proton beams to target tumors with precision and minimize damage to surrounding healthy tissue, is anticipated to grow to approximately USD 1.09 billion by the year 2027. This projection suggests a significant increase in the adoption and utilization of proton therapy technology within the healthcare industry over the next few years, driven by factors such as advancements in treatment efficacy, increasing awareness of its benefits, and expanding access to this specialized form of cancer therapy. The growing market value indicates a promising future for proton therapy as a valuable and increasingly utilized treatment option for cancer patients worldwide.

The cancer diagnosis market is expected to reach $249.6 billion by 2026.

The statistic indicates that the market for cancer diagnosis is projected to grow significantly in the near future, with an estimated value of $249.6 billion by the year 2026. This figure represents the total amount of money that is expected to be spent on products and services related to the diagnosis of cancer, including screening tests, imaging techniques, biopsy procedures, and laboratory analyses. The growth in this market suggests a continued focus on early detection and accurate diagnosis of cancer, reflecting a global effort to improve survival rates and quality of life for individuals affected by this disease. This statistic underscores the significant economic impact of cancer diagnosis and highlights the increasing demand for innovative technologies and healthcare solutions in the field of oncology.

The cancer genomics market is estimated to reach USD 15.30 billion by 2026.

The statistic “The cancer genomics market is estimated to reach USD 15.30 billion by 2026” indicates the projected value of the market focusing on the application of genomics in the study of cancer. This estimation reflects the anticipated growth and significance of cancer genomics in the coming years, signaling increasing investment, innovation, and demand within the industry. Factors such as rising cancer incidences, advancements in technology, personalized medicine approaches, and supportive government initiatives are likely contributing to this projected market size, highlighting the importance of genomics in better understanding, diagnosing, and treating cancer.

The global hematologic malignancies market is expected to reach USD 85.6 billion by 2022.

The statistic ‘The global hematologic malignancies market is expected to reach USD 85.6 billion by 2022’ indicates the projected total value of all revenues generated from products and services related to the treatment and management of blood cancers or hematologic malignancies on a global scale by the year 2022. This includes sales of medications, diagnostic tests, medical devices, and other healthcare services specifically targeting hematologic malignancies. The forecasted value of USD 85.6 billion reflects the anticipated growth and demand in this market driven by factors such as increasing prevalence of blood cancers, advancements in treatment strategies, and rising healthcare expenditure globally.

Bladder cancer treatment market will reach $360.4 million by 2027.

The statistic “Bladder cancer treatment market will reach $360.4 million by 2027” indicates the projected size of the market specifically focused on treatments for bladder cancer. This figure serves as an estimate of the total value of the market in terms of the revenue generated by sales of various treatment options for bladder cancer. The forecasted amount of $360.4 million by 2027 suggests potential growth in demand for bladder cancer treatments, which can be influenced by factors such as increasing prevalence of bladder cancer, advancements in medical technology, and evolving healthcare policies. Overall, this statistic provides insights into the expected financial landscape of the market for bladder cancer treatments in the near future.

Radiation therapy equipment market is projected to reach USD 2.07 billion by 2028.

The statistic that “Radiation therapy equipment market is projected to reach USD 2.07 billion by 2028” indicates the estimated value of the global market for radiation therapy equipment by the year 2028. This projection suggests a significant growth in the market size compared to previous years, reflecting increasing demand for radiation therapy equipment and services. Factors driving this growth may include technological advancements in the field of radiation therapy, rising prevalence of cancer and other diseases that require radiation treatment, and expanding access to healthcare services in various regions across the world. The projected value of USD 2.07 billion serves as a key indicator for industry stakeholders, investors, and policymakers to assess the market opportunities and potential impact on healthcare delivery and patient outcomes.

The global cancer genomics market size was valued at USD 12.5 billion in 2018.

The statistic indicates that in 2018, the global market for cancer genomics, which refers to the study of the structure and function of genomes in cancer cells, was estimated to be worth USD 12.5 billion. This valuation reflects the significant investment and focus on cancer research and treatment leveraging genomic technology and data analysis. The market size suggests a growing interest and demand for advanced genomic technologies in the field of oncology, aiming to better understand the genetic basis of cancer and develop personalized treatment strategies. This statistic underscores the importance of genomics in the fight against cancer and signals a promising future for innovative approaches to cancer diagnosis, prognosis, and treatment.

Cancer Biologics Market size is projected to reach USD 87.0 billion by 2027.

The statistic indicates that the Cancer Biologics Market is expected to grow significantly and reach a market size of USD 87.0 billion by the year 2027. This projection suggests a substantial increase in the market value of biologic therapies specifically designed and used for the treatment of cancer. Factors contributing to this growth may include advancements in biotechnology, increasing prevalence of cancer cases worldwide, and the development of innovative and targeted biologic treatments for various types of cancer. The projected market size reflects the anticipated demand for cancer biologics in the coming years due to the rising need for more effective and personalized treatment options in oncology.

References

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How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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