The global PD1 non-small cell lung cancer treatment market is expected to surpass an impressive valuation of US$ 26.96 billion in 2023 and reach US$ 61 billion by 2033, growing at an impressive CAGR of 8.51%.
The presence of a robust pipeline for NSCLC is expected to drive growth in the coming years. For example, “fruquintinib (HMPL-013),” a drug being developed to treat advanced non-small cell lung cancer, is currently in clinical trials. Furthermore, Merck KGaA’s Avelumab is currently in development. It is a PD-L1 antibody that is 100% human. As a result, the market is expected to be driven by the development of such advanced treatments during the forecast period.
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Crucial information and forecast statistics covered in the PD1 Non-Small Cell Lung Cancer Treatment market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis on PD1 Non-Small Cell Lung Cancer Treatment Market
The recent outbreak of the COVID-19 has turned the spotlight on the healthcare industry, and subsequently impacted the PD1 Non-Small Cell Lung Cancer Treatment market. Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have resulted into a revolution rather than evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the PD1 Non-Small Cell Lung Cancer Treatment market.
Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the PD1 Non-Small Cell Lung Cancer Treatment market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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PD1 Non-Small Cell Lung Cancer Treatment Market: Segmentation
Valuable information covered in the FMI’s PD1 Non-Small Cell Lung Cancer Treatment market report has been segregated into key segments and sub-segments.
By Drug Type
- Nivolumab
- Pembrolizumab
- Atezolizumab
- Avelumab
- Durvalumab
By Cancer Type:
- Squamous Cell carcinoma
- Adenocarcinoma
- Large-cell carcinoma
By Treatment:
- Chemotherapy
- Targeted therapy
- Immunotherapy
- Others
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
PD1 Non-Small Cell Lung Cancer Treatment Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the PD1 Non-Small Cell Lung Cancer Treatment market. Competitive information detailed in the PD1 Non-Small Cell Lung Cancer Treatment market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the PD1 Non-Small Cell Lung Cancer Treatment market report.
Key players covered in the report include:
- Merck Co. & Inc.
- Bristol-Myers Squibb
- F. Hoffmann-La Roche AG
- AstraZeneca Plc.
- Pfizer Inc.
- Novartis AG
- GlaxoSmithKline Plc.
- Takeda Pharmaceutical Company Limited
- Eli Lilly and Company
- Sanofi
- Agennix AG
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Important Questions Answered in the PD1 Non-Small Cell Lung Cancer Treatment Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global PD1 Non-Small Cell Lung Cancer Treatment market been expanding during the forecast period?
- How will the global PD1 Non-Small Cell Lung Cancer Treatment market look like by the end of the forecast period?
- What innovative strategies are adopted by PD1 Non-Small Cell Lung Cancer Treatment market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global PD1 Non-Small Cell Lung Cancer Treatment market?
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the PD1 Non-Small Cell Lung Cancer Treatment market
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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