Pancreatic Cancer Market
By Cancer Treatment Type;
Exocrine and EndocrineBy Treatment;
Chemotherapy, Radiation Therapy and OthersBy Distribution Channel;
Hospital Pharmacies, Retail Pharmacies and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Pancreatic Cancer Market Overview
Pancreatic Cancer Market (USD Million)
Pancreatic Cancer Market was valued at USD 3,034.31 million. The size of this market is expected to increase to USD 7,476.88 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.8%.
Pancreatic Cancer Market
*Market size in USD million
CAGR 13.8 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 13.8 % |
Market Size (2024) | USD 3,034.31 Million |
Market Size (2031) | USD 7,476.88 Million |
Market Concentration | Low |
Report Pages | 343 |
Major Players
- Pfizer Inc.
- Novartis AG
- Eli Lily and Company
- Bristol Myers Squibb Company
- Zydus Cadila
- Myriad Genetics Inc.
- F-Hoffmann-La Roche Ltd.
- PharmaCyte Biotech Inc.
- Teva Pharmaceutical Industries Ltd.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Pancreatic Cancer Market
Fragmented - Highly competitive market without dominant players
The Pancreatic Cancer Market is growing as the prevalence of this aggressive cancer type continues to rise. Research highlights that about 3% of all cancer diagnoses are pancreatic, while nearly 7% of global cancer-related deaths are linked to it. This increasing incidence is fueling the need for advanced diagnostics and treatment options.
Innovation in Diagnostic Approaches
Advances in biomarker testing and precision imaging are reshaping pancreatic cancer diagnostics. Reports suggest that more than 40% of recent innovations focus on earlier and more accurate detection, enabling timely interventions. These improvements are supporting better patient survival outcomes and enhancing treatment planning.
Adoption of Targeted and Immunotherapies
The role of targeted drug therapies and immunotherapies is expanding in the management of pancreatic cancer. Data shows that nearly 35% of new treatment regimens now integrate these advanced therapies, which provide greater precision and reduced toxicity compared to traditional methods.
Role of Palliative Care in Treatment
Palliative care is becoming an essential component of pancreatic cancer management. Studies reveal that approximately 30% of patients in advanced stages receive structured palliative support to manage symptoms and maintain quality of life, highlighting its growing importance in holistic cancer care.
Supportive Healthcare Initiatives
Rising oncology investments and structured treatment programs are strengthening access to advanced pancreatic cancer care. Reports indicate that over 38% of specialized oncology centers now utilize next-generation diagnostic tools and therapeutic approaches, reinforcing the long-term growth of the pancreatic cancer market.
Pancreatic Cancer Market Recent Developments
-
In October 2022, Erasca, based extended its current collaboration with Pfizer to evaluate ERAS-007 when combined with Pfizer's Ibrance (palbociclib). Both biopharma will start clinical proof-of-concept research as part of the extended clinical trial collaboration and supply agreement. They will test their drug combination on patients with colorectal cancer who have mutations in the NRAS and KRAS genes as well as pancreatic ductal adenocarcinoma who have mutations in the KRAS.
Pancreatic Cancer Market, Segment Analysis
In this report, the Pancreatic Cancer Market has been segmented by Treatment Type, Cancer Type, Diagnosis, End User, and Geography.
Pancreatic Cancer Market, Segmentation by Treatment Type
The Pancreatic Cancer Market has been segmented by Treatment Type into Chemotherapy, Immunotherapy, Hormone Therapy, Surgery, Radiation Therapy, Targeted Drug Therapy, and Others.
Chemotherapy
Chemotherapy is the most widely used treatment, applied in 60–65% of cases. Standard regimens like FOLFIRINOX and gemcitabine-based therapies deliver modest survival benefits but remain central due to accessibility and combination potential.
Immunotherapy
Immunotherapy is emerging with adoption below 10%. Options such as checkpoint inhibitors and cancer vaccines are expanding, with strong growth expected as more therapies receive approvals.
Hormone Therapy
Hormone therapy accounts for about 5% of use, mainly for pancreatic neuroendocrine tumors. Though niche, it provides valuable disease control in specific cases.
Surgery
Surgery is the only curative option but feasible in just 15–20% of patients. The Whipple procedure remains the gold standard, though eligibility is limited due to late-stage diagnosis.
Radiation Therapy
Radiation therapy is used in 20–25% of cases, often with chemotherapy or surgery. Innovations like SBRT offer precise local control and improved outcomes.
Targeted Drug Therapy
Targeted therapy holds 8–10% share, focusing on BRCA1/2 mutations and similar biomarkers. PARP inhibitors and other precision oncology agents are driving this segment forward.
Others
The Others category contributes less than 5%, covering palliative care, experimental therapies, and clinical trials. This segment remains critical for innovation and pipeline development.
Pancreatic Cancer Market, Segmentation by Cancer Type
The Pancreatic Cancer Market has been segmented by Cancer Type into and Endocrine Pancreatic Cancer and Exocrine Pancreatic Cancer.
Endocrine Pancreatic Cancer
Endocrine pancreatic cancer, also called pancreatic neuroendocrine tumors (PNETs), accounts for about 5–10% of cases. These cancers often grow more slowly and may have a better prognosis. Advances in targeted therapy and diagnostic imaging are improving treatment outcomes.
Exocrine Pancreatic Cancer
Exocrine pancreatic cancer dominates the market, making up 90–95% of total cases. Most are pancreatic ductal adenocarcinomas, typically diagnosed at advanced stages. With survival rates under 12%, this segment drives demand for surgery, chemotherapy, and advanced diagnostic tools.
Pancreatic Cancer Market, Segmentation by Diagnosis
The Pancreatic Cancer Market has been segmented by Diagnosis into Blood Test, Biopsy, Imaging Tests, Ultrasound, and Computerized Tomography (CT) Scans.
Blood Test
Blood tests, especially CA19-9 biomarker analysis, are used in pancreatic cancer detection. Elevated levels occur in 70–80% of patients, but due to limited accuracy, they are often paired with imaging for confirmation. These tests also help in treatment monitoring.
Biopsy
Biopsy remains the gold standard, with 90–95% diagnostic accuracy. Methods like fine-needle aspiration and endoscopic procedures confirm cancer and support treatment planning, despite being invasive.
Imaging Tests
Imaging tests such as MRI and PET scans account for 25–30% of diagnostic use. They are non-invasive and critical for tumor staging, metastasis evaluation, and monitoring therapy effectiveness.
Ultrasound
Ultrasound, particularly endoscopic ultrasound, achieves 85–90% sensitivity for tumor detection. It is a cost-effective and accessible tool that supports early-stage diagnosis and enhances patient outcomes.
Computerized Tomography (CT) Scans
CT scans are used in more than 60% of pancreatic cancer diagnoses. Their high-resolution imaging identifies tumor size, spread, and vascular involvement, making them essential for surgical planning.
Pancreatic Cancer Market, Segmentation by End User
The Pancreatic Cancer Market has been segmented by End User into Hospitals, Clinics, Diagnostic Laboratories, Research Institutes, Research Laboratories, and Others.
Hospitals
Hospitals lead the pancreatic cancer market with about 45–50% share. Equipped with advanced surgery, chemotherapy, and radiation services, they remain the main treatment hub. Rising use of precision oncology strengthens this dominance.
Clinics
Clinics contribute around 15–18% of the market. Specialty oncology clinics in urban centers provide outpatient care and follow-up services, offering patients easier access and shorter waiting times than hospitals.
Diagnostic Laboratories
Diagnostic laboratories represent about 10–12% of the end-user market. With pancreatic cancer survival rates under 12%, advanced biomarker testing and genetic profiling are increasingly critical.
Research Institutes
Research institutes hold 8–10% of market share. They are key for drug discovery, clinical trials, and innovation in therapeutics, often collaborating with pharmaceutical companies.
Research Laboratories
Research laboratories make up 7–8% of the market. Their focus on molecular testing and precision diagnostics bridges preclinical and clinical applications.
Others
The Others segment accounts for around 5%, including homecare providers and non-profit organizations. Their role in supportive care, awareness, and patient navigation is growing steadily.
Pancreatic Cancer Market, Segmentation by Geography
In this report, the Pancreatic Cancer Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Regions and Countries Analyzed in this Report
Pancreatic Cancer Market Share (%), by Geographical Region.
North America
North America leads the pancreatic cancer market with nearly 45% share. In the U.S., the disease represents about 3% of all cancers but causes 7% of cancer-related deaths. Advanced healthcare systems and new therapies drive growth.
Europe
Europe holds around 25–28% of the global market. Countries like Germany, the U.K., and France are key contributors, with pancreatic cancer accounting for nearly 3% of cases. Strong policies and R&D investments enhance growth.
Asia Pacific
Asia Pacific is the fastest-growing region, expected to expand above 9% CAGR. Despite survival rates under 10% in many countries, rising prevalence in China, India, and Japan with higher healthcare spending supports expansion.
Middle East & Africa
The Middle East & Africa contribute about 5–6% of market share. Mortality exceeds 90% due to limited treatment access. Ongoing improvements in oncology infrastructure are expected to enhance outcomes.
Latin America
Latin America accounts for roughly 7–8% of the market, led by Brazil and Argentina. Survival rates remain below 12%, but government initiatives and growing cancer incidence are expanding oncology services.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Pancreatic Cancer Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing Incidence and Prevalence
- Advancements in Medical Research
-
Increasing Healthcare Spending- As healthcare spending rises globally, there is a corresponding increase in funding allocated to pancreatic cancer research, diagnosis, and treatment initiatives. This influx of financial resources translates into enhanced infrastructure, expanded access to healthcare services, and improved patient outcomes. One of the primary beneficiaries of increased healthcare spending is research and development (R&D) in pancreatic cancer. With more funding available, researchers can conduct groundbreaking studies, explore innovative treatment modalities, and develop new drugs targeting pancreatic cancer. This fosters the discovery of novel therapeutic approaches, biomarkers for early detection, and personalized treatment strategies tailored to individual patients' needs.
Increased healthcare spending facilitates the adoption of advanced diagnostic technologies and screening programs for pancreatic cancer. Healthcare providers can invest in state-of-the-art imaging modalities, molecular profiling techniques, and genetic testing platforms to improve early detection rates and enable timely intervention. Screening programs can target high-risk populations, such as individuals with a family history of pancreatic cancer or those predisposed to certain risk factors, further enhancing detection and prognosis. Furthermore, rising healthcare spending enables the expansion and improvement of treatment infrastructure for pancreatic cancer patients. Hospitals and healthcare facilities can invest in specialized oncology departments, multidisciplinary care teams, and supportive care services tailored to the unique needs of pancreatic cancer patients. This ensures access to comprehensive treatment options, including surgery, chemotherapy, radiation therapy, immunotherapy, and targeted therapies, ultimately improving patient outcomes and quality of life.
Restraints
- Limited Treatment Options
-
Resistance to Therapy- Despite advancements in treatment modalities, pancreatic cancer often exhibits resistance to therapy, posing a formidable challenge for patients and healthcare providers alike. Resistance mechanisms can manifest at various stages of treatment, including chemotherapy, targeted therapy, immunotherapy, and radiation therapy. One of the primary reasons for therapy resistance is the intrinsic molecular heterogeneity of pancreatic cancer tumors. These tumors often harbor multiple genetic alterations and molecular subtypes, contributing to diverse resistance mechanisms. Additionally, pancreatic cancer tumors create a dense and fibrotic microenvironment, hindering drug penetration and efficacy. This tumor microenvironment also promotes tumor cell survival and proliferation, contributing to therapy resistance.
Chemotherapy resistance is a common challenge in pancreatic cancer treatment. Tumor cells can develop resistance to chemotherapeutic agents through mechanisms such as drug efflux pumps, DNA repair mechanisms, and alterations in drug targets. Similarly, targeted therapies aimed at specific molecular targets can face resistance due to mutations or bypass pathways that render the therapy ineffective.
Immunotherapy, which harnesses the body's immune system to target cancer cells, has shown promise in other cancer types but faces challenges in pancreatic cancer due to its immunosuppressive microenvironment. Tumor cells employ various mechanisms to evade immune surveillance, limiting the effectiveness of immunotherapy. Resistance to radiation therapy can also occur in pancreatic cancer, with tumor cells developing radioresistance through mechanisms such as DNA damage repair, hypoxia-induced radioresistance, and alterations in cell signaling pathways.
Opportunities
- Advancements in Research and Development (R&D)
- Early Detection and Screening Programs
-
Precision Medicine and Personalized Therapies- This paradigm shift in cancer treatment holds immense potential for improving patient outcomes, enhancing treatment efficacy, and minimizing adverse effects. For example, certain pancreatic cancers may exhibit mutations in genes such as KRAS, BRCA, or HER2, which can be targeted with specific drugs or therapies. This targeted approach allows for more precise and effective treatment, minimizing the likelihood of treatment resistance and improving overall survival rates.
Personalized therapies further capitalize on precision medicine by tailoring treatment regimens to individual patient characteristics and preferences. Factors such as age, comorbidities, treatment tolerance, and patient preferences are taken into account when designing personalized treatment plans. This patient-centric approach ensures that treatments are optimized to maximize efficacy while minimizing toxicity and adverse effects. For example, elderly patients or those with underlying health conditions may benefit from modified chemotherapy regimens or alternative treatment modalities that prioritize quality of life. Furthermore, precision medicine and personalized therapies pave the way for innovative treatment strategies such as immunotherapy and targeted drug therapies. Immunotherapy harnesses the body's immune system to recognize and attack cancer cells, offering a promising avenue for pancreatic cancer treatment. By targeting specific immune checkpoints or antigens present on cancer cells, immunotherapies can trigger an immune response against pancreatic tumors, leading to tumor regression and prolonged survival.In addition to treatment, precision medicine also extends to disease prevention, screening, and early detection. Genetic testing and risk assessment tools can identify individuals at high risk of developing pancreatic cancer, allowing for early intervention and surveillance. This proactive approach may enable the detection of pancreatic cancer at earlier, more treatable stages, improving patient outcomes and reducing mortality rates.
Pancreatic Cancer Market Pancreatic Cancer Market Competitive Landscape Analysis
Pancreatic Cancer Market Pancreatic Cancer Market
is witnessing rising competition as pharmaceutical leaders and biotech firms intensify their strategies to address unmet needs. Strong emphasis on collaboration, mergers, and partnerships defines this market, with research-driven firms pursuing innovation in drug development. The industry is shaped by expanding pipelines and advancements in targeted therapies, driving consistent growth across oncology portfolios.
Market Structure and Concentration
The market is moderately concentrated, with leading pharmaceutical companies holding significant percentages (%) of share, supported by their diverse therapeutic portfolios. Smaller biotech firms contribute innovative assets, while clinical-stage players pursue aggressive expansion. This balance of established dominance and emerging participation underscores a dynamic competitive structure shaped by strategies and robust research.
Brand and Channel Strategies
Major companies focus on brand equity through late-stage clinical trials, oncology-focused marketing, and physician engagement. Distribution relies heavily on hospital and specialty care networks, with partnerships enabling broader access. Firms adopt multi-channel approaches, leveraging digital outreach, research collaborations, and market alliances to enhance visibility and sustain long-term growth trajectories.
Innovation Drivers and Technological Advancements
The industry is propelled by technological advancements in targeted therapies, immuno-oncology, and biomarker-driven solutions. Investments in precision medicine and novel delivery mechanisms reflect rising focus on effective strategies. Continuous collaboration between research institutes and pharmaceutical firms accelerates breakthroughs, while mergers strengthen pipelines and support advanced therapeutic innovation.
Regional Momentum and Expansion
North America holds a significant percentage (%) share, driven by strong clinical research infrastructure and favorable healthcare systems. Europe follows with strategic collaboration among key pharmaceutical players and robust regulatory frameworks. Rapid expansion in Asia-Pacific is supported by increasing investments, clinical trials, and partnerships, making it a critical growth hub for the pancreatic cancer market.
Future Outlook
The future outlook reflects a competitive landscape characterized by continuous innovation, diversified strategies, and sustained growth. Expanding immunotherapy pipelines, advanced diagnostic tools, and broader partnerships will shape market positioning. Companies are expected to pursue strategic expansion in emerging regions, reinforcing their commitment to breakthrough oncology care and strengthening long-term industry influence.
Key players in Pancreatic Cancer Market include:
- Myriad Genetics, Inc.
- Pfizer, Inc.
- Novartis AG
- AstraZeneca plc
- Immunovia AB
- F. Hoffmann-La Roche Ltd. (Genentech)
- Bristol-Myers Squibb Company
- Celgene (now part of BMS, so kept under BMS)
- Merck & Co., Inc.
- Eli Lilly and Company
- Amgen Inc.
- Ipsen Pharma
- AbbVie Inc.
- Johnson & Johnson (Janssen)
- Thermo Fisher Scientific Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- 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 Type
- Market Snapshot, By Treatment
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Pancreatic Cancer Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
-
Increasing Incidence and Prevalence
-
Advancements in Medical Research
-
Increasing Healthcare Spending
-
- Restraints
-
Limited Treatment Options
-
Resistance to Therapy
-
- Opportunities
-
Advancements in Research and Development (R&D)
-
Early Detection and Screening Programs
-
Precision Medicine and Personalized Therapies
-
- 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
- Pancreatic Cancer Market, By Type, 2021 - 2031 (USD Million)
- Exocrine
- Endocrine
- Pancreatic Cancer Market, By Treatment, 2021 - 2031 (USD Million)
- Chemotherapy
- Radiation Therapy
- Pancreatic Cancer Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Hospital Pharmacies
- Retail Pharmacies
- Pancreatic Cancer 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
- Pancreatic Cancer Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Myriad Genetics, Inc.
- Pfizer, Inc.
- Novartis AG
- AstraZeneca plc
- Immunovia AB
- F. Hoffmann-La Roche Ltd. (Genentech)
- Bristol-Myers Squibb Company
- Celgene (now part of BMS, so kept under BMS)
- Merck & Co., Inc.
- Eli Lilly and Company
- Amgen Inc.
- Ipsen Pharma
- AbbVie Inc.
- Johnson & Johnson (Janssen)
- Thermo Fisher Scientific Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market