Pheochromocytoma Treatment Market is segmented By Diagnosis (Imaging Tests, Genetic Testing, Laboratory Tests), By Treatment (Surgery, Medication, Rad....
Market Size in USD
CAGR4.8%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 4.8% |
Market Concentration | Medium |
Major Players | Pfizer Inc, Zydus Cadila, Novartis AG, Curium Pharma, AstraZeneca |
The Pheochromocytoma treatment market is estimated to be valued at USD 271.1 Bn in 2024 and is expected to reach USD 342.4 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2031. Advances in medical therapies and surgical techniques along with better healthcare infrastructure and investments are fueling the growth of this market.
Pheochromocytoma is a rare, usually benign tumor of the adrenal medulla, characterized by overproduction of catecholamines. Its symptoms include high blood pressure, headaches, palpitations, and sweating. It is often associated with genetic syndromes like MEN2 and von Hippel-Lindau disease. Approximately 25-30% of Pheochromocytoma cases are associated with hereditary syndromes. Diagnosis involves biochemical tests to confirm excessive hormone production and imaging studies to locate the tumor. Surgery remains the primary treatment option, but emerging therapies like EO2401 are exploring non-surgical options, especially for metastatic or inoperable cases.
The market is expected to witness positive growth over the forecast period owing to rising prevalence of pheochromocytoma and increasing R&D investments by key players to develop improved drugs for treatment. Furthermore, growing awareness among patients and clinicians about effective treatment options and early diagnosis of pheochromocytoma is also augmenting the demand for treatment and management of this endocrine disorder across the globe.