Angiosarcoma Treatment Market size is estimated to reach USD 8 billion by the end of 2035, growing at CAGR of 6% during the forecast period i.e., 2024-2036. In the year 2023, the industry size of angiosarcoma treatment was over 245 million. The elderly population has a greater cancer risk, thus resulting in the demand for angiosarcoma treatment. Over 703 million people over the age of 65 live in the world today, making up 9.1% of all people, according to the Union for International Cancer Control (UICC). By 2050, it is predicted that this percentage would increase to 15.9%. According to UICC, the total cancer-related death rate for those aged 70 and above is expected to be 65,17,865 by 2030. Angiosarcomas Treatment Industry would expand over the forecast period as a result of an increasing incidence and high mortality rate of cancer-related diseases in the senior population.
The increased use of sophisticated cancer therapeutic alternatives and the rising demand for targeted drugs and immunotherapy as disease treatments both contribute to the market's rapid expansion. The development of bioinformatic tools increasing the drug development process as well as the introduction of emerging therapeutic classes, such as monoclonal antibodies and histone deacetylase (HDAC) inhibitors, have a significant impact on the market.
Author Credits: Radhika Pawar
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