Overview and Scope
Unresectable hepatocellular carcinoma refers to an aggressive tumor that typically develops alongside cirrhosis and chronic liver disease. The treatment for unresectable hepatocellular carcinoma is surgical resection, liver transplant, ablation, and embolization.
Sizing and Forecast
The unresectable hepatocellular carcinoma market size has grown rapidly in recent years. It will grow from $1.75 billion in 2023 to $1.96 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to chemotherapy advances, clinical trial outcomes, liver transplantation limitations, increased cancer cases, expanded access to therapies.
The unresectable hepatocellular carcinoma market size is expected to see strong growth in the next few years. It will grow to $2.64 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to healthcare policy changes, patient stratification strategies, real-world evidence utilization, patient advocacy and awareness, economic and dynamics. Major trends in the forecast period include precision medicine and biomarkers, real-world evidence and data integration, multidisciplinary approaches, global clinical trials and collaborations, patient-centric care.
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Segmentation & Regional Insights
The unresectable hepatocellular carcinoma market covered in this report is segmented –
1) By Type: Primary, Secondary, Benign Liver Growth
2) By Treatment Type: Chemotherapy, Molecularly Targeted Therapy, Immunotherapy, Other Treatments
3) By End-Users: Hospitals, Specialty Clinics, Cancer Centers
North America was the largest region in the unresectable hepatocellular carcinoma market in 2023. The regions covered in the unresectable hepatocellular carcinoma market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing prevalence of liver cancer is driving the growth of the unresectable hepatocellular carcinoma market going forward. Liver cancer refers to the healthy, functioning cells of the liver being taken over by tumor cells as they start to develop uncontrollably. Unresectable hepatocellular carcinoma is a type of cancer treated by liver transplantation and radiofrequency ablation. For instance, In October 2022, according to the Journal of Hepatology, a Switzerland-based peer-reviewed scientific journal, globally, 830,200 people lost their lives to liver cancer by the year 2020. and there will probably be 1.4 million new cases of liver cancer diagnosed between 2020 and 2040, an increase of 55.0% in the number of new cases per year. Further, 1.3 million people will succumb to liver cancer in 2040, 56.4% more than in 2020. Therefore, the increasing prevalence of liver cancer is driving the growth of the unresectable hepatocellular carcinoma market.
Key Industry Players
Major companies operating in the unresectable hepatocellular carcinoma market report are Pfizer Inc., Johnson & Johnson Private Limited, F Hoffmann-La Roche Ltd., Merck & Co Inc., Bayer AG, Bristol-Myers-Squibb Company, Astrazeneca PLC, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Amgen Inc., Regeneron Pharmaceuticals Inc., Chugai Pharmaceutical Co Ltd., Eisai Co. Ltd., Ipsen S.A., Jiangsu HengRui Medicine Co. Ltd., Exelixis Inc., BeiGene Ltd., Halozyme Therapeutics Inc., Innovent Biologics Inc., Sirtex Medical Limited, Blueprint Medicines Corporation, Genentech Inc., CStone Pharmaceuticals, Pharmicell Co. Ltd., Pharmaxis Ltd., Delcath Systems Inc., Yiviva Inc., Celsion Corporation, Mendus AB.
The unresectable hepatocellular carcinoma market report table of contents includes:
1. Executive Summary
2. Unresectable Hepatocellular Carcinoma Market Characteristics
3. Unresectable Hepatocellular Carcinoma Market Trends And Strategies
4. Unresectable Hepatocellular Carcinoma Market - Macro Economic Scenario
5. Global Unresectable Hepatocellular Carcinoma Market Size and Growth
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32. Global Unresectable Hepatocellular Carcinoma Market Competitive Benchmarking
33. Global Unresectable Hepatocellular Carcinoma Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Unresectable Hepatocellular Carcinoma Market
35. Unresectable Hepatocellular Carcinoma Market Future Outlook and Potential Analysis
36. Appendix