Market Research Report

Global Breast Cancer Treatment Market Research Report: Forecast (2022-2027)

By Diagnosis (Blood Tests, Biopsy, Mammogram, Ultrasound, MRI), By Treatment (Surgery, Chemotherapy (Paclitaxel, Epirubicin, Docetaxel, Fluorouracil, Others (Doxorubicin, etc.)), T...argeted Therapy (Trastuzumab, Pertuzumab, Abemaciclib, Neratinib, Others (Palbociclib, etc.)), Others (Radiation Therapy, Hormone Therapy, etc.)), By End-User (Hospitals, Specialty 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
  • 187
  • HC22083

Market Definition

Breast cancer occurs when breast cells begin to grow uncontrollably and create a mass of tissue known as a tumor. Similar to other cancers, it can expand into the tissues that surround the breast & also to other body parts while forming new tumors.

There are different forms of breast cancer, and each depends upon the area where the tumor is growing. As the disease is increasingly becoming common across different corners of the world, medical science is also developing rapidly and offering adequate and reliable diagnosis & treatment for the same.

Market Insights

The Global Breast Cancer Market is projected to grow at a CAGR of around 8.6% during the forecast period, i.e., 2022-27. The growth of the market would be driven primarily by the increasing prevalence of breast cancer worldwide, coupled with the dire need for adequate & efficient treatment for the same. Besides, the active participation of the leading players & the massive support of governments of different countries through investments in the research & development activities and favorable policies for clinical trials of drugs are other prominent aspects contributing to the market expansion globally.

  • Sanofi has been conducting various research & development initiatives to develop novel oral treatments for metastatic breast cancer.
  • AstraZeneca is actively working on developing therapeutics to treat estrogen receptor-positive breast cancer.

These trends, coupled with the introduction of advanced therapeutics by the leading biopharma companies, are set to boost the Global Breast Cancer Market through 2027. Furthermore, growing public awareness about breast cancer & its severity through various campaigns, advertisements, etc., is instigating cancer screening tests as a precautionary step and, in turn, projecting lucrative prospects for the global market over the forecast years.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 8.6%
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

AstraZeneca PLC, Bristol Myers Squibb, Eisai Co. Ltd., Eli Lilly and Company, F. Hoffmann-La Roche AG, Merck & Co., Inc., Novartis International AG, Pfizer Inc., Sanofi S.A., Others

Unit Denominations USD Million/Billion

 

Market Segmentation

Based on Treatment:

  • Surgery
  • Chemotherapy
    • Paclitaxel
    • Epirubicin
    • Docetaxel
    • Fluorouracil
    • Others (Doxorubicin, etc.)
  • Targeted Therapy
    • Trastuzumab
    • Pertuzumab
    • Abemaciclib
    • Neratinib
    • Others (Palbociclib, etc.)
  • Others (Radiation Therapy, Hormone Therapy, etc.)

Here, targeted therapy acquired the largest share in the Global Breast Cancer Market in previous years, and the same trend is anticipated during 2022-27. It attributes primarily to its higher success rates than other treatments, i.e., leading to its greater preference as a treatment for breast cancer patients across both emerging & developed countries. 

Besides, the growing public awareness about the benefits of targeted therapies, like the flexibility to be combined with other therapeutics, is another prominent aspect instigating their demand globally. Targeted therapy drugs like Trastuzumab, Pertuzumab, Neratinib, & Abemaciclib, among others, only target the breast cancer cells that either destroy them or slow down their growth.

  • On May 4, 2022, Enhertu (trastuzumab deruxtecan) was approved by FDA for unresectable or metastatic HER2-positive breast cancer adult patients. The approval is only for those who have received an anti-HER2-based regimen before, in either metastatic or neoadjuvant/adjuvant settings, and have developed disease recurrence during or within six months of therapy completion.
  • On October 12, 2021, FDA approved Verzenio (abemaciclib) combined with endocrine therapy (tamoxifen or an aromatase inhibitor) for adjuvant treatment of adult patients with HR-positive, HER2-negative, node-positive, early breast cancer at high recurrence risk, with a Ki-67 score ≥20%, i.e., determined by an FDA approved test.

Targeted therapy drugs enter the bloodstream & reach almost all areas of the body, and eliminate the spread of cancer to distant body parts. Moreover, these therapies even work on patients when chemo drugs fail to reduce or cure the illness. Hence, due to these advantages of targeted therapy, its demand is elevating swiftly worldwide and augmenting the overall growth of the Global Breast Cancer Market. 

Based on the End-User:

  • Hospitals
  • Specialty Cancer Centers
  • Others (Ambulatory Surgery Centers, etc.)

Here, Hospitals are anticipated to dominate the Global Breast Cancer Market with the largest share during the forecast period. It owes principally to the growing focus of the governments of different countries on the development of the healthcare infrastructure, demonstrating a swift rise in the construction of numerous hospitals and even specialized hospitals for cancer treatment. It, in turn, is augmenting the need for diagnosis equipment & therapy drugs associated with various cancers, including breast cancer, and driving the market.

In addition, as hospitals rely heavily on the stocks at hospital pharmacies, the procurement of drugs is escalating swiftly to meet the burgeoning demands and augment the market growth. This aspect is also generating growth opportunities for the leading players to increase their development & distribution capacities to cater to the needs of equipment & drugs in hospitals across different countries and augment the Global Breast Cancer Market growth through 2027.


Global Breast Cancer Treatment Market Research Report: Forecast (2022-2027)

Regional Landscape

Geographically, the Global Breast Cancer Market expands across:

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

Of all regions globally, North America acquired the largest share in the Breast Cancer Market in previous years on the back of its massive population suffering from breast cancer. The region is anticipated to continue its market dominance during 2022-27.

Since North America has the highest number of breast cancer cases, the extensive presence of leading pharmaceutical & biotech companies and their various R&D activities in effective diagnosis & treatments are driving the market, especially across countries like the US & Canada.

Governments are spreading awareness among people through campaigns & other mediums about breast cancer & the extensive availability of its therapeutics across North America. Moreover, favorable norms for conducting clinical trials of novel drugs further project profitable opportunities for the regional market in the years to come.

On the other hand, Europe is experiencing a rapid rise in breast cancer cases across different countries, which, in turn, would notably contribute to the market expansion across the region over the forecast years. It shall attribute to substantial R&D investments in bringing innovations in existing drugs & diagnoses to cater to the varied needs of breast cancer patients.

Nonetheless, Asia-Pacific is expected to observe the fastest market growth in the nearer future, mainly due to the exponentially rising population, i.e., generating a massive probability of breast cancer, especially in countries like China, India, etc., in the coming years.

Asia-Pacific has a lower patient pool of breast cancer than North America & Europe and is undergoing rapid research & developments in advanced breast cancer diagnosis & therapies. Besides, massive investments in enhancing the healthcare infrastructure and the burgeoning need for sophisticated diagnoses & drugs to treat breast cancer patients shall augment the regional market growth through 2027.

Possible Growth Challenge for the Global Breast Cancer Market during 2022-27

  • Adverse Reactions of Therapeutics

Since breast cancer is a highly complicated disease, some treatments like targeted therapies might show adverse effects on patients, depending upon their health conditions and how much cancer has spread in the body. These side effects include:

  • Diarrhea & High Blood Pressure
  • Liver problems like Hepatitis & elevated liver enzymes
  • Skin problems like acneiform rash, dry skin, nail changes, hair depigmentation
  • Issues in blood clotting & wound healing, etc.

Hence, these consequences of therapies might restrain the growth of the Global Breast Cancer Market during 2022-27. Adverse effects can also show resistance to that particular drug and a need to shift to other medications. Besides, treatments like immunotherapy that can cause nausea, fatigue, etc., might also affect the fledged growth of the global market in the years to come.

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the Global Breast Cancer Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Breast Cancer Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Breast Cancer Market based on the competitive benchmarking matrix?
  5. What are the key results derived from surveys conducted during the Global Breast Cancer Market study?

Frequently Asked Questions

   A. The Global Breast Cancer Market is projected to grow at a CAGR of around 8.6% during 2022-27.

   A. Possibilities of side effects like Hepatitis & elevated liver enzymes, high blood pressure, etc., in patients through targeted therapies & immunotherapies might restrain the growth of the Global Breast Cancer Market in the future.

   A. Targeted therapy is anticipated to emerge as an area of remunerative opportunities for the leading players in the Global Breast Cancer Market over the forecast years.

  1. Introduction
    1. Research Process
    2. Assumption
    3. Market Segmentation
    4. Market Definition
  2. Executive Summary
  3. Global Breast Cancer Market Trends & Insights
  4. Global Breast Cancer Market Regulation & Policy, By Country
  5. Global Breast Cancer Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  6. Global Breast Cancer Market Hotspot and Opportunities
  7. Global Breast Cancer Market Outlook, 2017- 2027
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Diagnosis
        1. Blood Tests
        2. Biopsy
        3. Mammogram
        4. Ultrasound
        5. MRI
      2. By Treatment
        1. Surgery
        2. Chemotherapy
          1. Paclitaxel
          2. Epirubicin
          3. Docetaxel
          4. Fluorouracil
          5. Others (Doxorubicin, etc.)
        3. Targeted Therapy
          1. Trastuzumab
          2. Pertuzumab
          3. Abemaciclib
          4. Neratinib
          5. Others (Palbociclib, etc.)
        4. Others (Radiation Therapy, Hormone Therapy, etc.)
      3. By End-User
        1. Hospitals
        2. Specialty Cancer Centers
        3. Others (Ambulatory Surgery Centers, etc.)
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      5. By Company
        1. Competition Characteristics
        2. Revenue Shares
        3. Competitor Placement in MarkNtel Advisor’s Quadrant
  8. North America Breast Cancer Market Outlook, 2017- 2027
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Diagnosis
      2. By Treatment
      3. By End-User
      4. By Country
        1. The US
        2. Canada
        3. Mexico
  9. South America Breast Cancer Market Outlook, 2017- 2027
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Diagnosis
      2. By Treatment
      3. By End-User
      4. By Country
        1. Brazil
        2. Rest of Latin America
  10. Europe Breast Cancer Market Outlook, 2017- 2027
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Diagnosis
      2. By Treatment
      3. By End-User
      4. By Country
        1. The UK
        2. Germany
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
  11. Middle East & Africa Breast Cancer Market Outlook, 2017- 2027
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Diagnosis
      2. By Treatment
      3. By End-User
      4. By Country
        1. South Africa
        2. GCC
        3. Rest of Middle East & Africa
  12. Asia-Pacific Breast Cancer Market Outlook, 2017- 2027
    1. Market Size and Analysis
      1. By Revenues in USD Million
    2. Market Share and Analysis
      1. By Diagnosis
      2. By Treatment
      3. By End-User
      4. By Country
        1. China
        2. Japan
        3. India
        4. Australia
        5. South East Asia
        6. Rest of Asia-Pacific
  13. Global Breast Cancer Market Key Strategic Imperatives for Success and Growth
  14. Competitive Outlook
    1. Competition Matrix
      1. By Application Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Target by Applications
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, By Application Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. AstraZeneca PLC
      2. Bristol Myers Squibb
      3. Eisai Co. Ltd.
      4. Eli Lilly and Company
      5. F. Hoffmann-La Roche AG
      6. Merck & Co., Inc.
      7. Novartis International AG
      8. Pfizer Inc.
      9. Sanofi S.A.
      10. Others
  15. Disclaimer


Breast Cancer Market Segmentation