By Diagnosis (Blood Tests (AFP (Alfa-Fetoprotein), LFT (Liver Function Test)), Hepatic Angiography, Liver Biopsy, Laparoscopy, Others (MRI, CT scan, etc.)), By Treatment (Surgery (......Hepatectomy, Liver Transplant), Radiation Therapy, Chemotherapy (Cisplatin, Gemcitabine (Gemzar), Oxaliplatin (Eloxatin), Doxorubicin (pegylated liposomal doxorubicin), 5-fluorouracil (5-FU)), Targeted Drug Therapy (Kinase Inhibitors (Sorafenib, Lenvatinib, Regorafenib (Stivarga), Cabozantinib (Cabometyx)), Monoclonal Antibodies (Bevacizumab (Avastin), Ramucirumab (Cyramza))), Immunotherapy (Atezolizumab (Tecentriq), Pembrolizumab (Keytruda), Nivolumab (Opdivo), Ipilimumab (Yervoy))), By End-User (Hospitals, Cancer Centers, Others (Ambulatory Surgery Centers, etc.)), By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific), By Country (The US, Canada, Mexico, Brazil, The UK, Germany, France, Italy, Spain, South Africa, GCC, China, Japan, India, Australia, South East Asia) Read more
- Healthcare
- Jun 2022
- 198
- PDF, Excel, PPT
Market Definition
Hepatocellular Carcinoma (HCC) is a liver malignancy that emerges in liver cells and is the sixth most common cancer worldwide. It is the third most cause of cancer-related deaths globally, with prominent risk factors, including excessive alcohol consumption, HBV (Hepatitis B Virus) & HCV (Hepatitis C Virus) infections, and other lifestyle disorders.
Market Insights
The Global Hepatocellular Carcinoma (HCC) Market is projected to grow at a CAGR of around 10.20% during the forecast period, i.e., 2022-27. The growth of the market is driven primarily by the increasing instances of liver cancer & rising mortality rates owing to severe lifestyle changes and increasing obesity on account of poor eating habits, coupled with significant investments in research activities associated with the development of advanced therapeutics for HCC.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR | 10.20% |
| Regions Covered | North America: The US, Canada, Mexico |
| Europe: Germany, The UK, Germany, France, Italy, Spain, Rest of Europe | |
| Asia-Pacific: China, Japan, India, Australia, South East Asia, Rest of Asia-Pacific | |
| South America: Brazil, Rest of Latin America | |
| Middle East & Africa: South Africa, GCC, Rest of Middle East & Africa | |
| Key Companies Profiled |
Amgen Inc., AstraZeneca plc, Bayer AG, BeiGene, Bristol Myers Squibb, Eisai Co., Ltd., Merck & Co., Inc., Novartis International AG, Pfizer Inc. |
| Unit Denominations | USD Million/Billion |
Moreover, the rapidly surging clinical trials for HCC drugs & medications by the leading biotech & pharma companies are further creating lucrative prospects for the global market through 2027. FDA, PMDA, & EMA, among other regulatory agencies worldwide, are offering significant incentives to biopharma companies for developing orphan drugs for rare diseases while also providing fast drug approvals. For instance:
- In April 2022, FDA granted Orphan Drug Designation (ODD) to TTI-101, an orally delivered, small molecule, STAT3 inhibitor developed by Tvardi Therapeutics, Inc., for HCC treatment.
- In February, the US-based agency authorized ODD to two autologous & gene-edited T-cell immunotherapies (ET140203 & ECT204, developed by Eureka Therapeutics) for the treatment of patients with advanced HCC.
With the FDA approval of Avastin (bevacizumab) and Tecentriq (atezolizumab) as the first-line HCC treatment, healthcare R&D has been focusing extensively on developing more effective and affordable combination therapies.
Combinations of PD- 1 or PDL- 1 with multikinase inhibitors, anti-VEGF drugs, or CTLA- 4 inhibitors are already well represented in late-stage HCC. As a result, the rising cases of liver cancer worldwide are creating numerous opportunities for these medications, which, in turn, would expand the global market in the years to come.
However, adverse effects like skin & gastrointestinal disorders, fatigue, hair loss, etc., in many patients suffering from HCC due to high drug dosage, coupled with the unavailability of HCC diagnoses & treatments in rural areas, are a few aspects projected to hinder the growth of the Global Hepatocellular Carcinoma (HCC) Market through 2027.
- Introduction
- Research Process
- Assumption
- Market Segmentation
- Market Definition
- Executive Summary
- Global Hepatocellular Carcinoma (HCC) Market Trends & Insights
- Global Hepatocellular Carcinoma (HCC) Market Regulation & Policy, By Country
- Global Hepatocellular Carcinoma (HCC) Market Dynamics
- Growth Drivers
- Challenges
- Impact Analysis
- Global Hepatocellular Carcinoma (HCC) Market Hotspot and Opportunities
- Global Hepatocellular Carcinoma (HCC) Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Diagnosis
- Blood Tests
- AFP (Alfa-Fetoprotein)
- LFT (Liver Function Test)
- Hepatic Angiography
- Liver Biopsy
- Laparoscopy
- Others (MRI, CT scan, etc.)
- Blood Tests
- By Treatment
- Chemotherapy
- Cisplatin
- Gemcitabine (Gemzar)
- Oxaliplatin (Eloxatin)
- Doxorubicin (pegylated liposomal doxorubicin)
- 5-fluorouracil (5-FU)
- Immunotherapy
- Atezolizumab (Tecentriq)
- Pembrolizumab (Keytruda)
- Nivolumab (Opdivo)
- Ipilimumab (Yervoy)
- Surgery
- Hepatectomy
- Liver Transplant
- Radiation Therapy
- Targeted Therapy
- Kinase Inhibitors
- Sorafenib
- Lenvatinib
- Regorafenib (Stivarga)
- Cabozantinib (Cabometyx)
- Monoclonal Antibodies
- Bevacizumab (Avastin)
- Ramucirumab (Cyramza)
- Kinase Inhibitors
- Chemotherapy
- By End-User
- Hospitals
- Cancer Centers
- Others (Ambulatory Surgery Centers, etc.)
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
- By Company
- Competition Characteristics
- Revenue Shares
- Competitor Placement in MarkNtel Advisor’s Quadrant
- By Diagnosis
- Market Size and Analysis
- North America Hepatocellular Carcinoma (HCC) Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Diagnosis
- By Treatment
- By End-User
- By Country
- The US
- Canada
- Mexico
- Market Size and Analysis
- South America Hepatocellular Carcinoma (HCC) Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Diagnosis
- By Treatment
- By End-User
- By Country
- Brazil
- Rest of Latin America
- Market Size and Analysis
- Europe Hepatocellular Carcinoma (HCC) Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Diagnosis
- By Treatment
- By End-User
- By Country
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Market Size and Analysis
- Middle East & Africa Hepatocellular Carcinoma (HCC) Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Diagnosis
- By Treatment
- By End-User
- By Country
- South Africa
- GCC
- Rest of Middle East & Africa
- Market Size and Analysis
- Asia-Pacific Hepatocellular Carcinoma (HCC) Market Outlook, 2017- 2027
- Market Size and Analysis
- By Revenues in USD Million
- Market Share and Analysis
- By Diagnosis
- By Treatment
- By End-User
- By Country
- China
- Japan
- India
- Australia
- South East Asia
- Rest of Asia Pacific
- Market Size and Analysis
- Global Hepatocellular Carcinoma (HCC) Market Key Strategic Imperatives for Success and Growth
- Competitive Outlook
- Competition Matrix
- By Application Portfolio
- Brand Specialization
- Target Markets
- Target by Applications
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles (Business Description, By Application Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
- Amgen Inc.
- AstraZeneca plc
- Bayer AG
- BeiGene
- Bristol Myers Squibb
- Eisai Co., Ltd.
- Merck & Co., Inc.
- Novartis International AG
- Pfizer Inc.
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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