Rhabdomyosarcoma Market: Global Industry Analysis and Forecast (2023-2029) by Type, Diagnosis, Treatment, and Region

Rhabdomyosarcoma Market size was valued at US$ 1.66 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 3.7% through 2023 to 2029, reaching nearly US$ 2.15 Bn.
Global Rhabdomyosarcoma Market Overview:
Rhabdomyosarcoma Market is expected to reach at US$ 2.15 Bn. by 2029. A form of sarcoma is rhabdomyosarcoma. Sarcoma is a type of cancer that affects soft tissue (muscle), connective tissue (tendons and cartilage), and bone. Rhabdomyosarcoma is a cancer that starts in muscles that are related to bones and help the body move. However, it can start elsewhere in the body. Children with low-risk rhabdomyosarcoma have a 5-year survival rate of 70 percent to more than 90 percent. Children in the intermediate-risk group have a 5-year survival rate of roughly 50 percent to 70 percent. When cancer becomes high-risk and spreads widely throughout the body, the 5-year survival rate ranges from 20% to 30%.

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Rhabdomyosarcoma Market Dynamics:
The Rhabdomyosarcoma market is expected to rise due to a number of factors, including increased awareness of rhabdomyosarcoma and its rising occurrence. Furthermore, favourable government healthcare investments and increased demand for better treatments drive the market forward. During the forecast period, however, strict government regulations for product approval and high treatment costs are expected to hamper the Rhabdomyosarcoma market growth.

In the United States, about 400 to 500 new cases of rhabdomyosarcoma (RMS) are diagnosed each year. Over the last few decades, the number of new cases has remained quite constant. Rhabdomyosarcomas are most commonly diagnosed in children and teenagers, with more than half of them occurring in children under the age of ten. RMS accounts for about 3% of all childhood malignancies. Embryonal Rhabdomyosarcomas (ERMS) are the most common type of tumour found in the head and neck, as well as the genital and urinary systems. ARMS (alveolar rhabdomyosarcoma) affects people of all ages and is more common in the arms, legs, and trunk (chest or abdomen). Boys are somewhat more likely than girls to have RMS. There does not appear to be any racial or ethnic group with an exceptionally high rate of RMS.

The type of RMS, the location and size of the tumour, the results of surgery, and whether the cancer has metastasized all influence the prognosis (outlook) for persons with RMS (spread). Infants, older children, and adults have a better outlook than children aged 1 to 9. These are the various factors that are expected to drive the growth of the Rhabdomyosarcoma market during the forecast period.
Segment Analysis:
Based on the Type, the market is segmented into Embryonal Rhabdomyosarcoma, Alveolar Rhabdomyosarcoma, and Others. Embryonal Rhabdomyosarcoma type segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2023-2029. Embryonal rhabdomyosarcoma is a malignant neoplasm that mimics embryonic striated muscle. It has botryoid, spindle cell, and anaplastic subtypes, as well as deletions on the short arm of chromosome 11. The head and neck region, the genitals, or the urinary tract are the most common sites for this tumour to appear. Children under the age of six are most commonly affected. Despite the fact that embryonal RMS is a fast-growing tumour, most instances respond effectively to vigorous treatment.

Based on the Treatment, the market is segmented into Surgery, Radiation Therapy, Chemotherapy, and Stem Cell Therapy. Chemotherapy treatment segment is expected to hold the largest market share of xx% by 2027. This is due to its efficacious treatment for reducing the risk of cancer recurrence and high patient preference Chemotherapy involves injecting drugs into the bloodstream. The medications either destroy or prevent cancer cells from proliferating and spreading. Chemotherapy is given to most children with rhabdomyosarcoma to reduce the chances of the tumour returning.


Regional Insights:
North America region is expected to dominate the Rhabdomyosarcoma Market during the forecast period 2023-2029. North America region is expected to hold the largest market share of xx% by 2027. This is due to the high frequency of RMS and the well-established healthcare infrastructure in the North America region. Many strategic methods are being employed by companies in the North America rhabdomyosarcoma market to improve their product and service offerings. For example, in 2016, Pfizer invested US$ 6.00 million in Bioinvent for a Myeloid Cell Antibody collaboration. Bioinvent is developing a number of cancer medications, including TB-403, a monoclonal antibody that targets placental growth factor as a potential treatment for alveolar RMS, medulloblastoma, and other conditions. This medication is currently in Phase 2 testing.

Europe region is expected to grow rapidly at a CAGR of xx% during the forecast period 2023-2029. This is due to the well-developed healthcare infrastructure in the Europe region.

The objective of the report is to present a comprehensive analysis of the Global Rhabdomyosarcoma Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Global Rhabdomyosarcoma Market dynamic, structure by analyzing the market segments and project the Global Rhabdomyosarcoma Market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Rhabdomyosarcoma Market make the report investor’s guide.
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Global Rhabdomyosarcoma Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 1.66 Bn.


Forecast Period 2023 to 2029 CAGR:
3.7%
Market Size in 2029:
US $ 2.15 Bn.


 Segments Covered:
by Type
Embryonal Rhabdomyosarcoma
Alveolar Rhabdomyosarcoma
Others


by Diagnosis
Imaging Tests
X-Ray
CT Scan
MRI Scan
PET Scan
Bone Scan
Biopsy
Needle Biopsy
Surgical Biopsy


by Treatment
Surgery
Radiation Therapy
Chemotherapy
Stem Cell Therapy



Rhabdomyosarcoma Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Rhabdomyosarcoma Market Key Players
1. Boehringer Ingelheim International GmbH
2. Pfizer Inc.
3. Eli Lilly & Company
4. Novartis AG
5. Bristol Myers Squibb Company
6. TAIHO ONCOLOGY, INC
7. Oasmia Pharmaceutical
8. Bellicum Pharmaceuticals, Inc.
9. CELGENE CORPORATION
10.Eisai Co., Ltd.
11.MacroGenics, Inc.
12.NantKwest
13.Tarveda Therapeutics.
14.Exelixis, Inc.
15.Ipsen Pharma
16.Ovation Pharmaceuticals

Frequently Asked Questions:

1] Which region is expected to hold the highest share in the Rhabdomyosarcoma Market?
Ans. North America is expected to hold the highest share in the Rhabdomyosarcoma Market.

2] Who are the top key players in the Rhabdomyosarcoma Market?
Ans. Boehringer Ingelheim International GmbH, Pfizer Inc., Eli Lilly & Company, Novartis AG, and Bristol Myers Squibb Company are the top key players in the Rhabdomyosarcoma Market.

3] Which segment holds the largest market share in the Rhabdomyosarcoma market by 2029?
Ans. Chemotherapy treatment segment hold the largest market share in the Rhabdomyosarcoma Market by 2029.

4] What is the market size of the Rhabdomyosarcoma market by 2029?
Ans. The market size of the Rhabdomyosarcoma Market is expected to reach US $2.15 Bn. by 2029.

5] What was the market size of the Rhabdomyosarcoma market in 2022?
Ans. The market size of the Rhabdomyosarcoma Market was worth US $1.66 Bn. in 2022.