Liver Metastases Treatment Market Is Expected To Reach USD 2.66 Billion By 2030

 San Francisco, 27 Feb 2024: The Report Liver Metastases Treatment Market Size, Share & Trends Analysis Report By Treatment Type (Chemotherapy, Immunotherapy), By Primary Cancer, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

The global liver metastases treatment market is expected to reach USD 2.66 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.3% from 2024 to 2030. Rising prevalence of target disease, advanced stage diagnosis for cancer in developing countries, and increasing number of products approvals is expected to drive the industry growth.

Colorectal cancer, breast cancer, and lung cancer are some of the key types that metastasize to the liver. The incidence of colorectal cancer is expected to increase from 1.88 million in 2020 to 2.45 million in 2030. Whereas the incidence of breast cancer is expected to increase from 2.26 million in 2020 to 2.74 million in 2030. The rising incidence of these primary indications is expected to drive space growth.

Majority of the cancer cases in low and middle-income countries are diagnosed at advanced stages where the availability of therapeutic options is low. The lack of availability of early diagnostics methods combined with uncertain reimbursement scenario for diagnostics are major reasons for delayed diagnosis. The advanced/metastatic stage of diagnosis provide lucrative growth opportunities in this space.

On the other hand, if cancers are diagnosed at advanced stages particularly in developing nations and LMICS, the treatment rate at such advanced stages is significantly less, due to unavailability of products and proper reimbursement. This factor is expected to restrain space growth.

Access Research Report of Liver Metastases Treatment Market @ https://www.grandviewresearch.com/industry-analysis/liver-metastases-treatment-market-report

Liver Metastases Treatment Market Report Highlights

• By treatment type, the targeted therapy segment dominated the market with a share of 56.52% to the presence of approved drugs with a price higher than traditional chemotherapy.
• In 2023, colorectal cancer dominated the liver metastases treatment market with a share of 40.55%. Around 25-30% of all colorectal cancers metastasize to the liver. The availability of various treatment options for CCLM further contributed to the segments’ dominance.
• Based on distribution channel, the market was dominated by the hospital pharmacies segment with a share of 60.07% in 2023. The high rate of hospitalization for the treatment of liver metastases is one of the major factors for the dominance of this segment.
• By region, North America has a high revenue share in the global liver metastases treatment market in 2023. However, Asia Pacific is expected to be the fastest growing region during the forecast period.

Liver Metastases Treatment Market Report Scope 

Report Attribute	Details
Market size value in 2024	USD 1.74 billion
Revenue forecast in 2030	USD 2.66 billion
Growth rate	CAGR of 7.3% from 2024 to 2030
Base year for estimation	2023
Historical data	2018 - 2022
Forecast period	2024 - 2030

List Of Key Players in the Liver Metastases Treatment Market

• Hoffmann-La Roche Ltd.
• AstraZeneca
• Eli Lilly and Company
• Bayer AG
• Ono Pharmaceutical
• Pfizer, Inc.
• Bristol-Myers Squibb Company
• Cadila Pharmaceuticals Ltd.

Access Press Release of Liver Metastases Treatment Market @ https://www.grandviewresearch.com/press-release/global-liver-metastases-treatment-market