Hedgehog Pathway Inhibitors Market Share

North American Market Forecast   

The North America hedgehog pathway inhibitors market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2036. The growth of the market can be attributed majorly to the increasing prevalence of basal and squamous cell skin cancers among the population, owing to exposure to the sun, harmful pollutants, and others. A recent estimate indicates that approximately 5.5 million basal and squamous cell skin cancers are diagnosed each year in the United States. Moreover, the increasing Medicare spending, high exposure to UV rays and chemicals is also anticipated to boost the market growth in the region in the coming years. Moreover, the massively surging requirement for leukemia therapeutics as of the huge patient papulation with leukemia is further expected to expand the hedgehog pathway inhibitors market size in the region during the forecast period.  As of 2023, around 22,000 deaths in the United States were caused by leukemia while approximately 60,000 new cases of leukemia were diagnosed in the region. Therefore, all these factors are anticipated to flourish the growth of the regional market over the forecast period.