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Lung Cancer Market Size

ID: MRFR//0679-CR | 116 Pages | Author: Rahul Gotadki| February 2021

Lung Cancer Market Growth Projections and Opportunities

Lung cancer, characterized by the uncontrolled growth of malignant tumors in lung tissue, manifests with symptoms like persistent cough, weight loss, fatigue, and chest pain. The disease comprises two main types: small-cell lung cancer (SCLC) and non-small-cell lung cancer (NSCLC), with NSCLC representing around 80% of all cases. Notably, cure rates differ between these types, with SCLC considered more malignant. The prognosis is also influenced by the cancer stage at detection, ranging from a 55% cure rate in the initial stage to merely 1% in stage four.

Long-term tobacco smoking accounts for nearly 85% of lung cancer cases, as cigarette smoke contains at least 73 identified carcinogens. Other contributing factors include genetic predisposition and exposure to triggers like radon gas, asbestos, radioactive materials, second-hand smoke, and air pollution. Passive smokers face a 20โ€“30% increased risk of developing lung cancer.

Treatment modalities for lung cancer encompass surgery, chemotherapy, and radiotherapy. NSCLC typically responds better to surgery, while SCLC often exhibits better responses to chemotherapy and radiotherapy. The primary drivers of lung cancer incidence are the escalating levels of environmental pollution and smoking. The rising prevalence of lung cancer among females, attributed to an increase in female smokers, further propels market growth. Enhanced screening rates, where a substantial number of lung cancer cases are incidentally detected during screenings for other ailments, also contribute to market expansion.

However, the market faces constraints such as the suboptimal cure rates associated with existing drug regimens, severe side effects linked to treatments, and the aggressive nature of lung cancer leading to high relapse rates. Additionally, the compromised quality of life for patients undergoing lung cancer treatment poses a barrier to market growth.

Recent advancements in healthcare technology introduce minimally invasive thoracic surgery and liquid biopsy. Minimally invasive thoracic surgery involves the insertion of a small camera, enabling surgeons to perform tissue removal without chest opening. Liquid biopsy, a non-invasive alternative to traditional tissue biopsy, assesses lung cancer stage and treatment response by detecting cancer cells and their fragments in the blood. Molecular and genetic profiling of these fragments provides further insights into the cancer's characteristics and informs personalized treatment strategies.

In conclusion, lung cancer's complex landscape involves a delicate balance between driving factors like environmental influences and smoking, and restraining factors related to treatment challenges. Technological advancements offer promising solutions, showcasing the potential for improved diagnostics and treatments in the ongoing battle against lung cancer.

Covered Aspects:
Report Attribute/Metric Details
Market Size Value In 2022 USD 16.6 Billion
Growth Rate 9.11% (2022-2030)
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