Medullary Thyroid Cancer Drugs Market is segemented By Therapeutic Pipeline (Phase I, Phase II, Preclinical), By Route of Administration (Oral, Subcut....
Market Size in USD
CAGR10.6%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 10.6% |
Market Concentration | Medium |
Major Players | Bayer HealthCare, TYK Medicines, Inc, Applied Pharmaceutical Science, Exelixis, Inc., Eli Lilly and Company |
The medullary thyroid cancer drugs market is estimated to be valued at USD 156 Mn in 2024 and is expected to reach USD 315 Mn by 2031, growing at a compound annual growth rate (CAGR) of 10.6% from 2024 to 2031.
The market has been witnessing positive growth trends over the past few years. The increasing incidence of medullary thyroid cancer worldwide and rising demand for targeted therapy drugs are some of the key factors driving the market.