According to the report published by Allied Market Research, The global Skin Cancer Treatment Market Size reached US$ 7.2 billion in 2021 and it is projected to reach US$ 14.5 billion by 2031, exhibiting a CAGR of 7.3% from 2022 to 2030.
Covid-19 Scenario:
- Non-urgent cancer treatments were postponed due to possibility of cross-contamination among cancer patients in the hospitals. Also, hospital staff was shifted to take care of increase in number of patients infected with coronavirus. This, in turn, reduced the number of staff members to take care of cancer patients.
- According to the paper published by the name “The impact of Covid-19 pandemic on quality of life in skin cancer patients,” non-melanoma cancer patients were at a higher risk of infection by the Covid-19 disease and needed special and rapid treatment. This, in turn, raised the need for diagnosis and demand for cutting-edge and innovative medicines to effectively treat patients.
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Increase in incidence of melanoma and non-melanoma type of cancer and surge in demand for immunotherapy and targeted therapy-based treatments drive the global skin cancer treatment market.
Skin Cancer Treatment Companies
- Amgen Inc.
- Bristol Myers Squibb Company
- F.Hoffman –La-Roche Ltd.
- GlaxoSmithKline Plc.
- LEO Pharm A/S
- Novartis AG
- Merck KGAA
- Regeneron Pharmaceuticals
- Pfizer Inc.
- Sun Pharmaceuticals Industries Ltd
Global Skin Cancer Treatment Segmentation: –
Based on type, the melanoma segment held the highest share in 2021, accounting for more than four-fifths of the total share, and is projected to continue its leadership status during the forecast period.
Based on therapy, the immunotherapy segment accounted for the highest share in 2021, contributing to more than three-fifths of the global skin cancer treatment market, and is projected to maintain its lead in terms of revenue during the forecast period.
Based on distribution channel, the drug stores and retail pharmacies segment contributed to the highest share in 2021, holding nearly half of the market, and is expected to dominate in 2031.
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Based on region, North America accounted for the highest share in 2021, holding more than two-fifths of the global market, and is expected to maintain its dominance by 2031.
By Region Outlook
- North America
(U.S., Canada, Mexico)
- Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
- Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
- LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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