Global Neuroendocrine Carcinoma Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Site;

Gastrointestinal, Lung, Brain, Pancreas, and Others.

By Tools;

Imaging, Biopsy, Serology, and Others.

By Disease Indication Type;

Gastric Neuroendocrine Tumors, Lung Neuroendocrine Tumors, Pancreatic Neuroendocrine Tumors, and Appendicular Neuroendocrine Tumors.

By Treatment Type;

Somatostatin Analogs, Targeted Therapy (Tyrosine Kinase Inhibitors, mTOR inhibitors), and Chemotherapy (Antimetabolites, Alkylating Agents, Natural Products).

By End User;

Hospitals, Clinics, Oncology Centers, and Ambulatory Surgery Centers.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn212477427 Published Date: October, 2024 Updated Date: December, 2024

Introduction

Global Neuroendocrine Carcinoma Market (USD Million), 2020 - 2030

In the year 2023, the Global Neuroendocrine Carcinoma Market was valued at USD 1,748.96 million. The size of this market is expected to increase to USD 2,928.48 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.

The ongoing COVID-19 outbreak significantly impacted the Neuroendocrine Tumor Treatment market due to reduced hospital and healthcare services, a consequence of global social distancing measures. The pandemic not only affected the global economy but also severely disrupted general hospital care for non-COVID-19 patients worldwide. An article titled 'Impact of the COVID-19 pandemic on neuroendocrine tumour services in England,' published in the journal Endocrine in January 2021, highlighted particular concerns about specialist tumor treatment services during the pandemic. It reported major disruptions, including notably increased waiting times for new and follow-up appointments, with a significant delay in follow-up appointments. This lag in treatment services during the pandemic greatly affected the neuroendocrine tumor treatment market.

The neuroendocrine tumor treatment market is driven by factors such as the growing prevalence of neuroendocrine cancer, technological advancements in treatment, and increased government initiatives. An article titled 'Advances in the Diagnosis and Therapeutic Management of Gastroenteropancreatic Neuroendocrine Neoplasms (GEP-NENs),' published in the Journal of Cancers in April 2022, indicated a significant increase in the occurrence of neuroendocrine cancers over the past three to four decades. Additionally, there have been numerous innovations in treatment methods, including somatostatin analogs, INF α, Radionuclide Treatment, Transarterial treatment, Targeted therapy, immunotherapy, CAR-T-Cell therapy, bispecific antibodies, vaccines, and Cytotoxic Chemotherapy for Highly Differentiated and Low Differentiated G1 and G2 GEP NETs. These innovative treatments have significantly boosted the growth of the neuroendocrine tumor treatment market in recent years.

In January 2022, the Department of Health of the Commonwealth of Australia released a grant of USD 63.4 million for rare cancer and rare disease research under the 2021 Rare Cancers, Rare Diseases and Unmet Need (RCRDUN) grant opportunity. Specifically, Flinders University received USD 2,374,220.10 for the project 'Implementing a Nurse-Enabled, Shared-Care Model to Address Unmet Needs of People with Neuroendocrine Tumours: the AUS-NET Trial.' Such investments by various government organizations are part of long-term national health plans and are expected to further drive the growth of the neuroendocrine tumor treatment market in the forecast period.

However, the high cost of neuroendocrine tumor treatments and the lack of awareness among people are significant obstacles hindering the growth of the market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Site
    2. Market Snapshot, By Tools
    3. Market Snapshot, By Disease Indication Type
    4. Market Snapshot, By Treatment Type
    5. Market Snapshot, By End User
    6. Market Snapshot, By Region
  4. Global Neuroendocrine Carcinoma Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Cancer Incidence
        2. Growing Adoption of Advanced Therapies
        3. Increasing Government Initiatives
      2. Restraints
        1. High Cost of Treatment
        2. Limited Treatment Options
      3. Opportunities
        1. Emerging Markets
        2. Development of Precision Medicine
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Neuroendocrine Carcinoma Market, By Site, 2020 - 2030 (USD Million)
      1. Gastrointestinal
      2. Lung
      3. Brain
      4. Pancreas
      5. Others
    2. Global Neuroendocrine Carcinoma Market, By Tools, 2020 - 2030 (USD Million)
      1. Imaging
      2. Biopsy
      3. Serology
      4. Others
    3. Global Neuroendocrine Carcinoma Market, By Disease Indication Type, 2020 - 2030 (USD Million)
      1. Gastric Neuroendocrine Tumors
      2. Lung Neuroendocrine Tumors
      3. Pancreatic Neuroendocrine Tumors
      4. Appendicular Neuroendocrine Tumors
    4. Global Neuroendocrine Carcinoma Market, By Treatment Type, 2020 - 2030 (USD Million)
      1. Somatostatin Analogs
      2. Targeted Therapy (Tyrosine Kinase Inhibitors, mTOR inhibitors)
      3. Chemotherapy (Antimetabolites, Alkylating Agents, Natural Products)
    5. Global Neuroendocrine Carcinoma Market, By End User, 2020 - 2030 (USD Million)
      1. Hospitals, Clinics
      2. Oncology Centers
      3. Ambulatory Surgery Centers
    6. Global Neuroendocrine Carcinoma Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Novartis AG
      2. Amgen Inc
      3. Boehringer Ingelheim GmbH
      4. Dauntless Pharmaceuticals
      5. Hutchison MediPharma Limited
      6. AVEO Pharmaceuticals, Inc
      7. Chiasma Inc
      8. Aegis Therapeutics
      9. Ispen
      10. Progenics Pharmaceuticals, Inc
      11. Tarveda Therapeutics
      12. Pfizer
      13. Jubilant Life Sciences Ltd.(Jubilant DraxImage)
      14. AbbVie Inc
      15. Delcath Systems Inc
      16. Exelixis, Inc
  7. Analyst Views
  8. Future Outlook of the Market