Chordoma Disease Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)
By Diagnosis;
Biopsy, Imaging and Blood TestsBy Treatment;
Chemotherapy, Radiation Therapy, Cryosurgery, Surgery and Targeted TherapyBy End User;
Hospitals, Clinics and Cancer Care CentersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Chordoma Disease Market Overview
Chordoma Disease Market (USD Million)
Chordoma Disease Market was valued at USD 4,526.62 million in the year 2024. The size of this market is expected to increase to USD 12,494.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 15.6%.
Chordoma Disease Market
*Market size in USD million
CAGR 15.6 %
| Study Period | 2026 - 2032 |
|---|---|
| Base Year | 2025 |
| CAGR (%) | 15.6 % |
| Market Size (2025) | USD 4,526.62 Million |
| Market Size (2032) | USD 12,494.86 Million |
| Market Concentration | Low |
| Report Pages | 335 |
Major Players
- GlaxoSmithKline Plc
- Pfizer, Inc.
- Merck & Co., Inc.
- Sanofi Pasteur SA
- Astellas Pharma Inc.
- CSL Limited
- Emergent BioSolutions, Inc.
- Johnson & Johnson
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Chordoma Disease Market
Fragmented - Highly competitive market without dominant players
Chordoma Disease Market is expanding as healthcare centers adopt targeted molecular and surgical therapies for rare spinal and skull-base tumors. Utilization has grown by over 36%, driven by high-resolution imaging and molecular profiling strategies. These developments support novel strategies and continuity of market expansion through specialized care.
Innovations Improve Treatment Safety and Efficacy
Emerging technological advancements, such as proton therapy, minimally invasive ablations, and biologic agents, have generated a 38% rise in demand for chordoma treatments. These improvements enhance control while reducing collateral impact. Continued innovation supports improved patient outcomes and consistent growth in targeted therapy frameworks.
Clinical Partnerships Drive Research Forward
About 29% of market players are engaging in partnerships and collaborations with universities and consortiums to co-develop trial frameworks and registries. These joint efforts inform product strategies, improve data collection, and foster clinical validation. Their synergy supports strategic market expansion and treatment availability.
Digital Precision Tools Shape Future Care
Around 43% of chordoma-focused platforms now feature AI-based imaging analysis, digital biomarker tracking, and telehealth interfaces, supporting a future outlook built on digital health innovation. These technological advancements enhance real-time monitoring, predictive treatment decisions, and scalable market expansion within specialized oncology settings.
Chordoma Disease Market Key Takeaways
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The chordoma disease market was valued at approximately growing at a 5.4% during the forecast period.
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North America is the largest regional market for chordoma treatments, driven by advanced healthcare infrastructure and increasing investments in research and development for rare diseases.
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The pharmaceutical segment holds the largest market share, with therapies focused on targeted therapies and immunotherapy showing promising results in clinical trials.
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Asia-Pacific is expected to grow at the highest CAGR during the forecast period, fueled by the increasing prevalence of cancer and advancements in healthcare access in countries like China and India.
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Key market players include Novartis, Pfizer, Bristol Myers Squibb, Sanofi, and Merck & Co., who are focusing on expanding their product portfolios and conducting clinical trials to gain market approval for chordoma treatments.
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Technological advancements in diagnostics, including genetic testing and advanced imaging technologies, are improving early detection and treatment of chordoma, contributing to better patient outcomes.
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Challenges such as high treatment costs and limited awareness are prompting global initiatives to increase awareness and provide financial assistance for chordoma patients.
Chordoma Disease Market Recent Developments
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In April 2023, Foundation Medicine expanded its partnership with Natera to integrate Natera’s liquid biopsy technology with FoundationOne CDx, enhancing comprehensive genomic profiling for cancer patients. This collaboration aims to improve diagnostics and treatment options across multiple cancers, including chordoma, by enabling more precise detection of genetic mutations and supporting personalized oncology care.
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In March 2023, Bayer’s subsidiary Loxo Oncology initiated Phase II clinical trials for LOXO-292 (selpercatinib), targeting RET-altered tumors. This research underscores Bayer’s commitment to exploring genetic and molecular abnormalities across cancers, including chordoma, with the goal of advancing targeted therapy development and improving patient outcomes through precision medicine.
Chordoma Disease Market Segment Analysis
In this report, the Chordoma Disease Market has been segmented by Diagnosis, Treatment, End User and Geography.
Chordoma Disease Market, Segmentation by Diagnosis
The Diagnosis segmentation defines the methods by which Chordoma is identified, underlining the importance of early detection and accurate classification for effective management. Given chordoma’s rarity and anatomical complexity, robust diagnostic workflows influence both clinical outcome and overall market demand for diagnostic services and equipment. Precise diagnosis determines treatment eligibility, impacts prognosis, and drives demand for imaging modalities and pathology services across markets globally.
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Biopsy
Biopsy typically a needle biopsy is the definitive method to confirm chordoma, by permitting histopathologic evaluation and subtype determination. Because imaging findings can resemble other spinal or skull‑base tumors, biopsy ensures diagnostic accuracy, guiding appropriate treatment decisions and prognosis assessment. Demand for specialized pathology services and safe biopsy infrastructure rises accordingly, especially in tertiary care centers.
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Imaging
Imaging modalities such as MRI and CT scans are critical for initial detection, mapping tumor size and anatomical extent, and evaluating involvement of bone, soft tissue, or neurovascular structures. Imaging underpins surgical planning and follow-up, especially given chordoma’s propensity to recur or invade surrounding anatomy, thus sustaining ongoing demand for radiology services and imaging equipment. In markets with growing access to advanced diagnostics, imaging represents a key driver of diagnostic market growth.
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Blood Tests
The blood tests sub‑segment reflects nascent and investigational diagnostic approaches for chordoma, potentially used for biomarker screening, monitoring or supportive diagnostics. Although conventional diagnosis relies on biopsy and imaging, interest in non-invasive diagnostic markers could influence long-term market potential, especially in regions with limited biopsy or imaging access. However, as of now, reliance remains on tissue diagnosis and imaging; so this sub‑segment is likely small and growing slowly dependent on research advances.
Chordoma Disease Market, Segmentation by Treatment
The Treatment segmentation captures the diverse therapeutic approaches applied to chordoma, reflecting clinical complexity, variable prognosis and evolving standards of care. Given chordoma’s rarity, resistance to conventional therapies, and anatomical challenges, this segmentation reveals where market needs for surgical infrastructure, radiation facilities, and emerging systemic therapies converge. Understanding the breakdown helps stakeholders evaluate demand for specialized treatment equipment, radiotherapy technologies, and drug‑development pipelines targeting chordoma.
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Surgery
Surgical resection remains the cornerstone of chordoma treatment; wide, en bloc excision with clear margins is the gold‑standard for localized tumors. Given chordoma’s frequent occurrence in anatomically challenging sites (skull base, sacrum, spine), demand for highly skilled neurosurgical or orthopedic oncology teams and advanced surgical infrastructure is high. The success of surgery significantly influences long‑term prognosis, making this segment central to the treatment market.
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Radiation Therapy
Adjuvant high‑dose radiation therapy (e.g. conformal radiotherapy, proton therapy) is commonly employed when complete resection is unachievable or margins are uncertain. Because chordoma often shows relative resistance to conventional radiotherapy, advanced radiotherapy modalities represent a growing area, especially in specialized cancer centers. This increases demand for proton therapy and other high‑precision radiotherapy technologies as part of the chordoma treatment market.
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Cryosurgery
Cryosurgery may be considered in select cases where conventional surgery is infeasible or to treat residual or recurrent tumors in challenging anatomical locations. As a minimally invasive option, cryosurgery contributes to the therapeutic portfolio and opens demand for specialized equipment and training—particularly in centers seeking alternatives to major resections or high‑risk surgeries. Its role remains niche but may expand with innovation and clinical acceptance.
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Chemotherapy
Chemotherapy has historically shown limited efficacy in chordoma because of the tumor’s resistance to conventional cytotoxic agents. Consequently, demand for standard chemotherapy remains low in the chordoma treatment market. This restricts its contribution to overall therapy volumes and emphasizes the need for alternative systemic or targeted approaches.
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Targeted Therapy
Targeted therapy constitutes a key emerging segment focused on molecular and immunologic agents, such as inhibitors against PDGFR, EGFR, or mTOR pathways, and investigational immunotherapies like anti‑PD‑L1 antibodies. Given the limited success of conventional therapies, targeted treatments represent a significant growth avenue, especially for advanced, recurrent or unresectable chordomas. As research advances, demand for novel agents, companion diagnostics and targeted‑therapy infrastructure is expected to rise, shaping the future trajectory of the chordoma treatment market.
Chordoma Disease Market, Segmentation by End User
The End User segmentation outlines where chordoma diagnostics and treatment services are delivered, highlighting the distribution of care across different healthcare facility types. This segmentation informs market access, demand for specialized infrastructure, and service‑provision strategies. The complexity of chordoma care requires experienced centers with multidisciplinary capabilities, influencing provider demand and regional healthcare capacity planning.
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Hospitals
Hospitals—particularly tertiary or quaternary care institutions with neurosurgical, orthopedic and oncology departments—constitute the primary setting for chordoma diagnosis and treatment. They provide comprehensive services including biopsy, imaging, surgical resection, radiotherapy and postoperative care. Given the complex nature of chordoma, hospitals form the backbone of care delivery and market demand for advanced treatment modalities.
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Clinics
Specialty clinics, including neurosurgical or orthopedic oncology clinics, play a role in early diagnosis, follow‑up, minor procedures or referral for advanced treatment. While limited in capacity compared to hospitals for major resections or high‑dose radiation therapy, clinics contribute to early detection, patient monitoring and baseline care, influencing demand for diagnostic and supportive services.
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Cancer Care Centers
Cancer care centers—dedicated oncology institutions or sarcoma/tumor centers—are central for multimodal chordoma management, especially for advanced, recurrent or complex cases that require coordinated surgery, radiotherapy and systemic therapy. These centers drive demand for specialized equipment, targeted therapy drugs, radiotherapy infrastructure and multidisciplinary expertise, representing a strategic market for therapy developers and care providers.
Chordoma Disease Market, Segmentation by Geography
The geographical segmentation—covering North America, Europe, Asia Pacific, Middle East & Africa and Latin America—captures regional variation in incidence, healthcare infrastructure, access to specialized care, and adoption of advanced treatment modalities. Given chordoma’s rarity and complexity, geography significantly shapes diagnosis speed, treatment options, and long‑term outcomes. For stakeholders, regional segmentation informs market access strategies, capacity building, and resource allocation tailored to local healthcare ecosystems.
Regions and Countries Analyzed in this Report
North America
North America represents a mature chordoma care market, supported by advanced diagnostic facilities, specialized oncology and neurosurgery centers, and access to high‑precision radiotherapy and experimental therapies. The presence of multidisciplinary cancer care institutions and research infrastructure positions the region as a leader in clinical trials, targeted therapy adoption, and long‑term patient management. For stakeholders, North America offers a stable base for both diagnostic and treatment‑service demand.
Europe
Europe shows sustained demand for chordoma care driven by established public and private healthcare networks, increasing sarcoma awareness, and growing adoption of advanced surgical and radiotherapy techniques. Research activity in targeted therapies and coordinated treatment protocols supports stable market growth, although regulatory and reimbursement variations across countries may influence uptake. Europe remains a strategically important region for treatment delivery and clinical development.
Asia Pacific
Asia Pacific is positioned as a high‑growth region for chordoma care, given rising healthcare access, expanding oncology infrastructure, and increasing awareness of rare cancers. As diagnostic and radiotherapy capacities improve, demand for both surgical and non‑surgical chordoma treatments is likely to increase, offering growth potential for imaging, radiotherapy, and emerging systemic‑therapy providers. Market entrants may focus on building specialized cancer centers to meet unmet needs across diverse geographies in this region.
Middle East & Africa
Middle East & Africa currently represent a nascent chordoma market, constrained by limited access to specialized oncology centers and advanced radiotherapy or surgical infrastructure. Nonetheless, gradual improvements in cancer care infrastructure and growing awareness of rare tumors may stimulate incremental uptake of diagnostic and treatment services. Early investments and partnerships could position providers to capture emerging demand in this underserved region.
Latin America
Latin America contributes a modest share to the global chordoma care market, reflecting varying healthcare capacity, limited specialized treatment centers, and inconsistent access to high‑precision radiotherapy or targeted therapies. However, urban referral centres and growing oncology investments may drive gradual growth, particularly in larger countries with expanding healthcare infrastructure. Strategic collaborations and capacity building could unlock latent demand for chordoma diagnosis and treatment services in this region.
Chordoma Disease Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Global Chordoma Disease Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development | |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Improved diagnostic techniques
- Increasing prevalence of chordoma
- Expanding biotechnology sector
- Availability of specialized treatments - The availability of specialized treatments for chordoma is a significant driver in the market, as these tailored therapies offer more effective and targeted management of the disease. Unlike conventional treatments, which may not address the unique characteristics of chordoma, specialized treatments such as proton beam therapy, targeted radiation, and advanced surgical techniques provide better outcomes with fewer side effects.
These innovative treatments are often developed through extensive research and clinical trials, leading to a higher success rate in managing this rare and challenging cancer. As more healthcare providers adopt these specialized treatments, patients benefit from improved quality of life and survival rates, thereby driving the demand and growth of the chordoma disease market.
Restraints
- Side effects of treatments
- Delayed diagnosis
- Slow adoption of new technologies - Despite the potential benefits of new technologies in diagnosing and treating chordoma, their adoption remains slow due to several barriers. High costs associated with advanced technologies can deter healthcare facilities, particularly in resource-limited settings, from integrating them into their practice. The need for specialized training to operate new equipment and interpret complex data can delay implementation.
There is also a degree of skepticism and resistance to change among healthcare professionals who are accustomed to traditional methods. This slow adoption hinders the potential progress in improving patient outcomes and limits the market growth, as innovations that could revolutionize treatment are not fully utilized.
Opportunities
- Advancements in genomic research
- Development of new treatment modalities
- Growing patient advocacy groups
- Development of orphan drugs - The development of orphan drugs for chordoma represents a significant opportunity within the global market. Orphan drugs are specifically designed to treat rare diseases, and their development is often supported by regulatory incentives such as extended market exclusivity, tax credits, and grant funding. For pharmaceutical companies, investing in orphan drugs can be financially viable due to these incentives and the potential for premium pricing.
These drugs can address unmet medical needs, offering new hope to patients with limited treatment options. As research advances and more orphan drugs are developed and approved, the chordoma disease market is poised to benefit from increased therapeutic options, enhancing patient care and expanding market opportunities for pharmaceutical companies.
Chordoma Disease Market Competitive Landscape Analysis
Chordoma Disease Market is witnessing steady growth driven by innovative strategies, strategic partnerships, and collaborative innovation among key players. Advances in targeted therapies and surgical interventions account for 35%-50% of treatment adoption, enhancing market expansion and improving patient outcomes through integrated healthcare solutions.
Market Structure and Concentration
The market is moderately concentrated, with leading pharmaceutical and biotech companies holding approximately 65%-75% of total market share. Strategic mergers and alliances enhance competitive positioning, while smaller research-driven firms contribute to growth. This structure ensures balanced expansion and a promising future outlook in chordoma therapeutics.
Brand and Channel Strategies
Key players emphasize strong branding and multi-channel distribution through hospitals, specialty clinics, and online platforms. Strategic partnerships with medical institutions facilitate wider patient reach, with oncology segments accounting for 40%-55% of revenue. Innovative marketing strategies strengthen growth and enhance awareness among healthcare professionals.
Innovation Drivers and Technological Advancements
Continuous innovation in targeted therapies, precision medicine, and surgical devices drives market growth. Collaborative strategies with research institutes enhance technological advancements, with 30%-45% of new treatments incorporating molecular and genetic approaches, contributing to a strong future outlook in disease management.
Regional Momentum and Expansion
Regional expansion is fueled by rising healthcare infrastructure and research initiatives. Companies adopt localized strategies and form partnerships with hospitals and clinics. North America and Europe contribute 45%-55% of market revenue, while Asia-Pacific demonstrates high growth potential due to increasing patient awareness and advanced treatment adoption.
Future Outlook
The future outlook remains promising, with sustained growth expected from ongoing innovation, strategic collaboration, and regional expansion. Development of novel therapeutics and advanced surgical techniques is projected to drive 50%-60% of market growth. Focused strategies and partnerships will enhance competitive positioning and long-term sustainability.
Key players in Chordoma Disease Market include :
- AstraZeneca plc
- Amgen, Inc.
- Bristol-Myers Squibb
- GlaxoSmithKline plc
- Pfizer, Inc.
- Merck & Co., Inc.
- Sanofi S.A.
- Novartis AG
- Bayer AG
- Boehringer Ingelheim International GmbH
- Astellas Pharma Inc.
- Dr. Reddy’s Laboratories Ltd.
- Celldex Therapeutics Inc.
- Eli Lilly and Company
- Optivus Proton Therapy, Inc.
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Diagnosis
- Market Snapshot, By Treatment
- Market Snapshot, By End User
- Market Snapshot, By Region
- Chordoma Disease Market Forces
- Drivers, Restraints and Opportunities
- Drivers
- Improved diagnostic techniques
- Increasing prevalence of chordoma
- Expanding biotechnology sector
- Availability of specialized treatments
- Restraints
- Side effects of treatments
- Delayed diagnosis
- Slow adoption of new technologies
- Opportunities
- Advancements in genomic research
- Development of new treatment modalities
- Growing patient advocacy groups
- Development of orphan drugs
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Chordoma Disease Market, By Diagnosis, 2021 - 2031 (USD Million)
- Biopsy
- Imaging
- Blood Tests
- Chordoma Disease Market, By Treatment, 2021 - 2031 (USD Million)
- Chemotherapy
- Radiation Therapy
- Cryosurgery
- Surgery
- Targeted Therapy
- Chordoma Disease Market, By End User, 2021 - 2031 (USD Million)
- Hospitals
- Clinics
- Cancer Care Centers
- Chordoma Disease Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Chordoma Disease Market, By Diagnosis, 2021 - 2031 (USD Million)
- Competitive Landscape Analysis
- Company Profiles
- AstraZeneca plc
- Amgen, Inc.
- Bristol-Myers Squibb
- GlaxoSmithKline plc
- Pfizer, Inc.
- Merck & Co., Inc.
- Sanofi S.A.
- Novartis AG
- Bayer AG
- Boehringer Ingelheim International GmbH
- Astellas Pharma Inc.
- Dr. Reddy’s Laboratories Ltd.
- Celldex Therapeutics Inc.
- Eli Lilly and Company
- Optivus Proton Therapy, Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market

