Renal cell carcinoma Market is expected to reach USD 1005.11 million by 2029

PRESS RELEASE
Published October 9, 2023

The verified and advanced tools such as SWOT analysis and Porter’s Five Forces Analysis are used watchfully while structuring Renal cell carcinoma Market research report. While preparing this market report, markets on the local, regional as well as global level are explored.  Moreover, for the clear and better understanding of facts and figures, the data is represented in the form of graphs, tables, and charts. This market report also offers list of the chief competitors and provides the strategic insights and analysis of the key factors influencing the industry. Meticulous efforts of experienced forecasters, well-versed analysts and knowledgeable researchers result into such premium Renal cell carcinoma Market report.

RCC has a five-year survival rate of above 70%, according to the National Cancer Institute. Renal cell carcinoma is one of the most rapidly growing solid tumor cancers. The clinical paradigm that governs both renal cell carcinoma comprehension and treatment has changed dramatically during the last few decades.  Renal cell carcinoma is the eighth most prevalent cancer in adults, accounting for between 3% and 4% of all new cancer cases worldwide. Various renowned research institutes have calculated that renal cell carcinoma is the seventh most prevalent cancer in men and the ninth most common cancer in women.

Data Bridge Market Research analyses that the renal cell carcinoma market was valued at USD 635.40 million in 2021 and is expected to reach USD 1005.11 million by 2029, registering a CAGR of 5.90% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Renal cell carcinoma is a cancer that is particularly resistant to systemic therapy in advanced stages. Patient survival has improved as a result of advanced surgical treatments and innovative medications, as well as the extension of clinically stable disease states. Because of the widespread use of abdominal imaging, such as ultrasonography, computed tomography (CT), and magnetic resonance imaging, the proportion of tiny and incidental kidney cancers has increased dramatically (MRI). In metastatic and advanced RCC, the current treatment landscape will move from TKIs and mTOR inhibitors to specialized immuno-oncology medicines such as immune checkpoint inhibitors (ICI), which have shown favourable outcomes on PFS as monotherapy (Opdivo) or combination therapy (Opdivo+Yervoy).

Opportunities

  • Increase in the number of research and development activities    

The renal cell carcinoma market’s growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the renal cell carcinoma market growth. Manufacturers of kidney cancer diagnostic systems and healthcare service providers have begun to offer tailored patient care and access to complete end-to-end medical technology products and services for renal cell carcinoma kidney cancer treatment. They are working on product prototyping development and improvement, as well as minimizing operational expenses.

Moreover, increase in the number of emerging markets and rising technological advancement will further provide beneficial opportunities for the renal cell carcinoma market growth during the forecast period.

Restraints/Challenges

On the other hand, high cost associated with the treatment will obstruct the growth rate of market. The dearth of skilled professionals and lack of healthcare infrastructure in developing economies will challenge the renal cell carcinoma market. Additionally, side effects linked with therapies such as heart problems, decreased red blood cell count, fatigue, weight loss, loss of hair, diarrhea, weight loss, decreased lung, kidney, and liver quality and others and lack of awareness among people will act as restrain and further impede the growth rate of market during the forecast period of 2022-2029.

This renal cell carcinoma market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the renal cell carcinoma market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Patient Epidemiology Analysis

Renal cell carcinoma is more common in men than in women (by a factor of 2 or 3), and in those who have smoked in the past. It’s also more common in those who have other kinds of kidney problems, and it runs in some families. Renal cell carcinoma is responsible for over 30,000 new instances of kidney cancer in the United States each year.

Renal cell carcinoma market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence rates are some of the data variables that are available in the report. Direct or indirect impact analyses of epidemiology to market growth are analysed to create a more robust and cohort multivariate statistical model for forecasting the market in the growth period.

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Recent Development

  • In January 2021, the Food and Drug Administration had announced the approval of combination of nivolumab (Opdivo, Bristol-Myers Squibb Co.) and cabozantinib (Cabometyx, Exelixis) as first-line treatment for patients with advanced renal cell carcinoma (RCC). Nivolumab 240 mg every two weeks (30-minute intravenous infusion) or 480 mg every four weeks (30-minute intravenous infusion) in conjunction with cabozantinib 40 mg orally once day without food until disease progression or unacceptable toxicity is achieved is the suggested dosage.

Renal Cell Carcinoma Market Scope

Treatment

  • Medication
  • Interferon-alfa
  • Interleukin-2
  • Biologics
  • Ablation
  • Targeted Therapy
  • Axitinib
  • Bevacizumab
  • Cabozantinib
  • Everolimus
  • Lenvatinib
  • Nivolumab
  • Pazopanib
  • Sorafenib
  • Sunitinib
  • Temsirolimus
  • Chemotherapy
  • Surgery
  • Others

Diagnosis

  • Urine Tests
  • CT scan
  • Nephrectomy
  • Blood Tests
  • Ultrasound
  • Biopsy

Type

  • Clear Cell RCC
  • Papillary RCC
  • Chromophobe RCC

Dosage Forms

  • Capsule
  • Tablets
  • Injections
  • Others

Route of Administration

  • Oral
  • Parenteral
  • Others

End-Users

  • Hospitals
  • Specialty Clinics
  • Homecare
  • Others

Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
  • Others

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the this market
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

Critical Insights Related to This Market Included in the Report:

  • Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market
  • Value chain analysis of prominent players in the market
  • Current trends influencing the dynamics of this market across various geographies
  • Recent mergers, acquisitions, collaborations, and partnerships
  • Revenue growth of this industry over the forecast period
  • Marketing strategy study and growth trends
  • Growth driven factor analysis
  • Emerging recess segments and region-wise market
  • An empirical evaluation of the curve of this market
  • Ancient, Present, and Probable scope of the market from both prospect value and volume

Browse Detailed Summary of Research Report with TOC:  https://www.databridgemarketresearch.com/toc/?dbmr=global-renal-cell-carcinoma-market&Shri

Some of the major players operating in the renal cell carcinoma market are:

  • F. Hoffmann-La Roche Ltd. (Switzerland)
  • Mylan N.V. (U.S.)
  • Teva Pharmaceutical Industries Ltd. (Ireland)
  • Sanofi (France)
  • Pfizer Inc. (U.S.)
  • GlaxoSmithKline plc (U.K.)
  • Novartis AG (Switzerland)
  • Bayer AG (Germany)
  • Eli Lilly and Company (U.S.)
  • Merck & Co., Inc. (U.S.)
  • Allergan (Ireland)
  • AstraZeneca (U.K.)
  • AbbVie Inc. (U.S.)
  • Johnson & Johnson Private Limited (U.S.)
  • Cipla Inc. (U.S.)
  • Abbott (U.S.)
  • Merck KGaA (Germany)
  • LEO Pharma A/S (Denmark)
  • Bausch Health Companies Inc. (Canada)
  • Sun Pharmaceutical Industries Ltd. (India)
  • Aurobindo Pharma (India)
  • Lupin (India)
  • Hikma Pharmaceuticals PLC (U.K.)
  • Fresenius Kabi AG (Germany)
  • Amneal Pharmaceuticals LLC. (U.S.)

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