[Latest] Global Colorectal Cancer Market Size/Share Worth USD 30,095.9 Million by 2033 at a 3.4% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

Austin, TX, USA, May 20, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Colorectal Cancer Market Size, Trends and Insights By Type of Treatment (Surgery, Chemotherapy, Radiation Therapy, Targeted Therapy, Immunotherapy, Combination therapies), By Molecular Characteristics (Microsatellite stable (MSS), Microsatellite instability-high (MSI-H), RAS mutation status (KRAS, NRAS), BRAF mutation status, HER2 status), By Route of Administration (Oral, Parenteral, Others), By Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.

“According to the latest research study, the demand of global Colorectal Cancer Market size & share was valued at approximately USD 21923.4 Million in 2023 and is expected to reach USD 22,275.3 Million in 2024 and is expected to reach a value of around USD 30,095.9 Million by 2033, at a compound annual growth rate (CAGR) of about 3.4% during the forecast period 2024 to 2033.”

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Colorectal Cancer Market: Growth Factors and Dynamics

• Increasing Incidence and Prevalence: Colorectal cancer is one of the most prevalent cancers worldwide, with its incidence increasing globally. Factors such as aging populations, sedentary lifestyles, unhealthy dietary habits, and rising obesity rates contribute to the growing burden of colorectal cancer.

• Advancements in Screening and Early Detection: The development and adoption of advanced screening methods such as colonoscopies, fecal occult blood tests (FOBT), fecal immunochemical tests (FIT), and genetic testing have improved early detection rates. Early detection allows for timely intervention and better treatment outcomes, thereby driving market growth.

• Emergence of Targeted Therapies: The colorectal cancer market has witnessed significant advancements in targeted therapies, particularly for patients with specific molecular characteristics such as RAS or BRAF mutations. Drugs targeting these molecular alterations, such as EGFR inhibitors and BRAF inhibitors, have shown efficacy in subsets of patients, fueling market growth.

• Immunotherapy Revolution: Immunotherapy, particularly immune checkpoint inhibitors targeting programmed cell death protein 1 (PD-1) or programmed death-ligand 1 (PD-L1), has transformed the treatment landscape for colorectal cancer. Checkpoint inhibitors have demonstrated promising results, especially in patients with microsatellite instability-high (MSI-H) tumors, leading to increased adoption and market expansion.

• Rising Healthcare Expenditure: Increased healthcare spending, especially in developed regions, supports investments in research and development efforts for new colorectal cancer treatments. Moreover, improvements in healthcare infrastructure, access to innovative therapies, and reimbursement policies contribute to market growth.

• Strategic Collaborations and Partnerships: Collaboration among pharmaceutical companies, academic institutions, and research organizations fosters innovation and accelerates the development of novel therapies and diagnostic tools. Partnerships facilitate the sharing of resources, expertise, and technology, driving the colorectal cancer market forward.

• Focus on Personalized Medicine: With an increasing understanding of the molecular mechanisms driving colorectal cancer, there’s a growing emphasis on personalized medicine approaches. Biomarker-based testing helps identify patients who are likely to benefit from specific treatments, leading to more targeted and effective therapies.

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Colorectal Cancer Market: Partnership and Acquisitions

• In 2022, Chugai Pharmaceutical Co., Ltd. received regulatory approval from the Ministry of Health, Labour and Welfare (MHLW) for the anti-HER2 monoclonal antibodies Perjeta and Herceptin, expanding their indications to include advanced or recurrent HER2-positive colon or rectal cancer not suitable for curative resection after chemotherapy.

• In 2022, Seagen’s partnership with Pfizer’s Array BioPharma involves the manufacture, development, and sale of Tukysa, a medication for breast and colorectal cancer. This collaboration strengthens Seagen’s position in the oncology market and expands treatment options for cancer patients.

Report Scope

(A free sample of the Colorectal Cancer report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

• Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
• The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
• About 220+ Pages Research Report (Including Recent Research)
• Provide detailed chapter-by-chapter guidance on the Request.
• Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
• Includes Tables and figures have been updated.
• The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis 
• Custom Market Insights (CMI) research methodology

(Please note that the sample of the Colorectal Cancer report has been modified to include the COVID-19 impact study prior to delivery.)

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Colorectal Cancer Market: COVID-19 Analysis

The COVID-19 pandemic has had a significant impact on the Colorectal Cancer Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

• Delayed Diagnosis and Treatment: During the peak of the COVID-19 pandemic, many healthcare systems prioritized resources for managing COVID-19 patients, leading to disruptions in routine screenings, diagnostic procedures, and treatment services for colorectal cancer. This delay in diagnosis and treatment initiation could result in more advanced stages of cancer at presentation, potentially impacting patient outcomes.

• Supply Chain Disruptions and Clinical Trials: Supply chain disruptions and restrictions on non-essential activities hindered the conduct of clinical trials and the availability of investigational drugs for colorectal cancer. Delays in patient enrollment, protocol deviations, and interruptions in trial procedures affected the advancement of novel therapies and research efforts in the field.

• Resumption of Screening and Diagnostic Services: As COVID-19 vaccination rates increase and healthcare systems stabilize, there’s a concerted effort to resume routine colorectal cancer screenings, diagnostic procedures, and treatment services. Health authorities and medical organizations are promoting awareness campaigns to encourage individuals to prioritize preventive screenings and seek medical attention for concerning symptoms.

• Telemedicine and Remote Monitoring: The adoption of telemedicine and remote monitoring technologies surged during the pandemic to facilitate virtual consultations, follow-up appointments, and patient monitoring. Incorporating telehealth into colorectal cancer care allows for continuity of care while minimizing the risk of exposure to infectious agents.

• Catch-Up Screening and Outreach Programs: Healthcare providers are implementing catch-up screening initiatives and outreach programs to target populations who missed or postponed colorectal cancer screenings due to the pandemic. Collaborative efforts between healthcare organizations, community centers, and advocacy groups aim to increase screening uptake, particularly among underserved and vulnerable populations.

• Investment in Research and Innovation: Despite the disruptions caused by COVID-19, investment in colorectal cancer research and innovation remains crucial for advancing treatment options and improving patient outcomes. Pharmaceutical companies, academic institutions, and research organizations continue to pursue novel therapeutic strategies, biomarker discovery, and precision medicine approaches to address unmet needs in colorectal cancer care.

In conclusion, the COVID-19 pandemic has had a mixed impact on the Colorectal Cancer Market, with some challenges and opportunities arising from the pandemic.

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Key questions answered in this report:

• What is the size of the Colorectal Cancer market and what is its expected growth rate?
• What are the primary driving factors that push the Colorectal Cancer market forward?
• What are the Colorectal Cancer Industry's top companies?
• What are the different categories that the Colorectal Cancer Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Colorectal Cancer market sample report and company profiles?

Key Offerings:

• Market Share, Size & Forecast by Revenue | 2024−2033
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
• Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Colorectal Cancer Market – Regional Analysis

The Colorectal Cancer Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

• North America: In North America, trends in the colorectal cancer market include the widespread adoption of advanced screening techniques such as colonoscopies and faecal immunochemical tests (FIT), increased utilization of targeted therapies and immunotherapy in treatment regimens, and emphasis on precision medicine approaches for patient stratification and personalized treatment plans.

• Europe: In Europe, trends in the colorectal cancer market encompass efforts to improve screening participation rates through organized screening programs and public awareness campaigns, expansion of multidisciplinary care teams to optimize treatment outcomes, and implementation of value-based healthcare models to ensure cost-effective delivery of colorectal cancer services.

• Asia-Pacific: In the Asia-Pacific region, trends in the colorectal cancer market include rising incidence rates due to lifestyle changes and population aging, adoption of innovative diagnostic technologies such as liquid biopsies and molecular profiling assays, and expansion of access to affordable treatment options through government-sponsored healthcare initiatives and collaborations with international organizations.

• LAMEA: In the LAMEA (Latin America, Middle East, and Africa) region, trends in the colorectal cancer market encompass efforts to address disparities in healthcare access and quality of care through infrastructure development and capacity-building initiatives, increasing emphasis on early detection and screening programs, and integration of palliative care services to improve quality of life for patients with advanced disease.

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Browse the full “Colorectal Cancer Market Size, Trends and Insights By Type of Treatment (Surgery, Chemotherapy, Radiation Therapy, Targeted Therapy, Immunotherapy, Combination therapies), By Molecular Characteristics (Microsatellite stable (MSS), Microsatellite instability-high (MSI-H), RAS mutation status (KRAS, NRAS), BRAF mutation status, HER2 status), By Route of Administration (Oral, Parenteral, Others), By Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” Report at https://www.custommarketinsights.com/report/colorectal-cancer-market/

List of the prominent players in the Colorectal Cancer Market:

• Hoffmann-La Roche Ltd
• Merck & Co. Inc.
• Bayer AG
• Amgen Inc.
• Bristol Myers Squibb Company
• Eli Lilly and Company
• Novartis International AG
• AstraZeneca PLC
• Pfizer Inc.
• Sanofi
• Takeda Pharmaceutical Company Limited
• AbbVie Inc.
• Boehringer Ingelheim International GmbH
• Daiichi Sankyo Company Limited
• Johnson & Johnson
• Others

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Colorectal Cancer Market: Colorectal Cancer Market Size, Trends and Insights By Type of Treatment (Surgery, Chemotherapy, Radiation Therapy, Targeted Therapy, Immunotherapy, Combination therapies), By Molecular Characteristics (Microsatellite stable (MSS), Microsatellite instability-high (MSI-H), RAS mutation status (KRAS, NRAS), BRAF mutation status, HER2 status), By Route of Administration (Oral, Parenteral, Others), By Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033

Cancer Supportive Care Drugs Market: Cancer Supportive Care Drugs Market Size, Trends and Insights By Drug Type (Antiemetics, Erythropoietin Stimulating Agents, Bisphosphonates, Granulocyte Colony-Stimulating Factors, Opioids and Non-Opioids, Others), By Cancer Type (Breast Cancer, Lung Cancer, Prostate Cancer, Colorectal Cancer, Leukemia, Lymphoma, Others), By Mode of Administration (Oral, Injectable, Topical, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Specialty Clinics, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033

The Colorectal Cancer Market is segmented as follows:

By Type of Treatment

• Surgery
• Chemotherapy
• Radiation Therapy
• Targeted Therapy
• Immunotherapy
• Combination therapies

By Molecular Characteristics

• Microsatellite stable (MSS)
• Microsatellite instability-high (MSI-H)
• RAS mutation status (KRAS, NRAS)
• BRAF mutation status
• HER2 status

By Route of Administration

• Oral
• Parenteral
• Others

By Distribution Channel

• Hospital Pharmacy
• Online Pharmacy
• Retail Pharmacy
• Others

Click Here to Get a Free Sample Report of the Global Colorectal Cancer Market @ https://www.custommarketinsights.com/report/colorectal-cancer-market/

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America

This Colorectal Cancer Market Research/Analysis Report Contains Answers to the following Questions.

• Which Trends Are Causing These Developments?
• Who Are the Global Key Players in This Colorectal Cancer Market? What are Their Company Profile, Product Information, and Contact Information?
• What Was the Global Market Status of the Colorectal Cancer Market? What Was the Capacity, Production Value, Cost and PROFIT of the Colorectal Cancer Market?
• What Is the Current Market Status of the Colorectal Cancer Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Colorectal Cancer Market by Considering Applications and Types?
• What Are Projections of the Global Colorectal Cancer Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
• What Is Colorectal Cancer Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
• What Is the Economic Impact On Colorectal Cancer Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
• What Are Market Dynamics of Colorectal Cancer Market? What Are Challenges and Opportunities?
• What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Colorectal Cancer Industry?

Click Here to Access a Free Sample Report of the Global Colorectal Cancer Market @ https://www.custommarketinsights.com/report/colorectal-cancer-market/

Reasons to Purchase Colorectal Cancer Market Report

• Colorectal Cancer Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
• Colorectal Cancer Market report outlines market value (USD) data for each segment and sub-segment.
• This report indicates the region and segment expected to witness the fastest growth and dominate the market.
• Colorectal Cancer Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
• The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
• Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
• The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
• Colorectal Cancer Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

• The study provides a thorough overview of the global Colorectal Cancer market. Compare your performance to that of the market as a whole.

• Aim to maintain competitiveness while innovations from established key players fuel market growth.

Buy this Premium Colorectal Cancer Research Report | Fast Delivery Available - [220+ Pages] @ https://www.custommarketinsights.com/report/colorectal-cancer-market/

What does the report include?

• Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Colorectal Cancer market analysis.

• The competitive environment of current and potential participants in the Colorectal Cancer market is covered in the report, as well as those companies' strategic product development ambitions.

• According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

• For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

• Participants and stakeholders worldwide Colorectal Cancer market should find this report useful. The research will be useful to all market participants in the Colorectal Cancer industry.
• Managers in the Colorectal Cancer sector are interested in publishing up-to-date and projected data about the worldwide Colorectal Cancer market.
• Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Colorectal Cancer products' market trends.
• Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

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