Astrocytoma Drug Market is segemented By Type (Glioblastoma Multiforme, Diffuse Astrocytoma, Anaplastic Astrocytoma, Pilocytic Astrocytoma), By Treatm....
Market Size in USD
CAGR8.2%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 8.2% |
Market Concentration | Medium |
Major Players | F. Hoffmann-La Roche Ltd, Novartis AG, Pfizer Inc., Bristol Myers Squibb, AbbVie Inc. |
The astrocytoma drug market is estimated to be valued at USD 1.62 billion in 2024 and is expected to reach USD 2.82 billion by 2031, growing at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031. Increasing prevalence of brain cancer worldwide along with rising healthcare expenditure is positively impacting the growth of this market. However, factors such as high cost of drugs and limited treatment options continue to remain major challenges for the market.