Global Lung Cancer Therapeutics Market to Reach US$58.9 billion by 2030 Driven by Increased Awareness and Advancements in Screening Technologies

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A new report from Industry Experts Inc, on "Lung Cancer Therapeutics," is unveiled. According to this global market research report, the global market for Lung Cancer Therapeutics is estimated at US$32.5 billion in 2024 and is anticipated to record a CAGR of 10.4% during the 2024-2030 analysis period and stand at a projected US$58.9 billion by 2030.

The lung cancer therapeutics market is driven by increased awareness and advancements in screening technologies that facilitate early detection, enabling timely and effective treatment. Additionally, the rising prevalence of lung cancer, an aging population, and lifestyle changes contribute to a long-term demand for effective therapies. Innovations such as targeted therapies and immunotherapies enhance patient outcomes while minimizing side effects, with a growing emphasis on personalized medicine for individual genetic profiles. Cancer risk is further increased by environmental pollution, while improved detection methods and treatments like chemotherapy and surgery contribute to better outcomes.

In 2024, the hospitals segment is estimated to hold a 48% share of the end-user market, driven by the increasing availability of advanced therapies and comprehensive care for complex medical needs. Chemotherapy and targeted therapies are preferred in hospitals because of the constant supervision and a wide range of treatment options, such as surgery, radiation therapy, and immunotherapy, which are supported by multidisciplinary teams and clinical trials.


The market for lung cancer therapeutics analyzed in this report on a global basis covering all major regions including North America (The United States, Canada, and Mexico), Europe (Germany, France, United Kingdom, Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World.

The study analyzes the global market for lung cancer therapeutics analyzed with respect to Cancer Type – Non-small cell lung cancer (NSCLC) and Small cell lung cancer (SCLC); Therapy Type – Targeted Therapies, Immunotherapy, Chemotherapy, Radiation Therapy and Others (Including Surgery, Photodynamic Therapy (PDT), and Palliative Care); and End-User – Hospitals, Specialty Clinics and Other End-Users (Including Cancer Research Centers, Ambulatory Surgical Centers (ASCs), and Homecare settings).

About Industry Experts, Inc
Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

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