Sarcoma Drug Market
Sarcoma Drug Market Size, Share & Trends Analysis Report by Treatment Type (Chemotherapy, Targeted Therapy, Immuno Therapy, and Others), by Disease Indication (Soft Tissue Sarcoma (STS), Bone Sarcoma, Gastrointestinal Stromal Tumors (GIST), and Kaposi Sarcoma) and by Distribution Channel (Hospital Pharmacy, Retail pharmacy, and Online Pharmacy) Forecast Period (2024-2031)
Sarcoma drug market is anticipated to grow at a CAGR of 8.3% during the forecast period (2024-2031). Sarcomas are rare cancers that develop in the bones and soft tissues, including fat, muscles, blood vessels, nerves, deep skin tissues, and fibrous tissues. According to the National Cancer Institute, about 12,000 cases of soft tissue sarcomas and 3,000 cases of bone sarcomas are diagnosed annually in the US. The high incidence and prevalence of sarcomas has driven the demand for its treatment options thereby driving the global sarcoma drugs market. However, the high cost of these drugs may restrain the market growth.
Market Dynamics
Increasing healthcare expenditure
Healthcare spending, especially in North America, is bolstering the market owing to improved infrastructure and increased awareness of cancer treatments. According to the American Medical Association, in April 2024, health spending in the US rose by 4.1% to reach $4.4 trillion, equivalent to $13,493 per capita. This growth rate is consistent with the rates observed in 2019 before the pandemic. Although government spending to address the pandemic initially caused significant increases in National Health Expenditures (NHE), these expenses declined in 2021, while the utilization of medical goods and services rebounded. By 2022, health spending patterns had largely returned to the pre-pandemic levels.
US Healthcare Spending in 2022 ($/%)
Source: American Medical Association
Increased funding for sarcoma treatment research
The market for sarcoma research and clinical trials is being bolstered by increased funding from both government and private organizations. For instance, in March 2024, Lamassu Bio received a $2.05 million grant from the US National Institutes of Health (NIH) and National Cancer Institute (NCI) for the development of SA53, a new therapeutic for p53 wild-type sarcomas. The funding will advance the progression of the new cancer treatment into clinical trials. Lamassu Bio will carry out the trial in partnership with the Cleveland Clinic Taussig Cancer Center and the Cleveland Clinic Children’s Pediatric Hematology and Oncology Department. It will establish a safe dosage of SA53 for future trials.
Market Segmentation
- Based on treatment type, the market is segmented into chemotherapy, targeted therapy, immunotherapy, and others.
- Based on disease indication, the market is segmented into soft tissue sarcoma (STS), bone sarcoma, gastrointestinal stromal tumors (GIST), and Kaposi sarcoma.
- Based on the distribution channel, the market is segmented into hospital pharmacy, retail pharmacy, and online pharmacy.
Gastrointestinal Stromal Tumors (GIST) Sub-segment to Hold a Considerable Market Share
The increasing number of GIST cases and improved diagnostic techniques are leading to higher detection rates and increased demand for effective treatments. According to the, US Food and Drug Administration, in May 2020, the FDA approved ripretinib for adult patients with advanced gastrointestinal stromal tumors who have previously received treatment with kinase inhibitors. The drug was evaluated in an international trial, INVICTUS, which included 129 patients who received ripretinib or a placebo until disease progression or unacceptable toxicity. The major efficacy outcome measure was progression-free survival.
Regional Outlook
The sarcoma drug market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Sarcoma Drug Market Growth by Region 2024-2031
North America Holds Major Market Share
The increase in sarcoma cases necessitates improved diagnostic techniques and increased awareness for early detection and intervention. According to the American Society of Clinical Oncology (ASCO), in November 2023, it is projected approximately 13,400 new cases of soft-tissue sarcoma in the US, with 7,400 affecting men and boys and 6,000 affecting women and girls. Additionally, it is estimated 5,140 fatalities from this disease, with 2,720 occurring among men and boys and 2,420 among women and girls. The high investment by regional players in the development of sarcoma drugs is further aiding the regional market growth.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the sarcoma drug market include Bayer AG, Eli Lilly and Co., Novartis AG, Merck & Co., Inc., and Pfizer Inc. among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions to stay competitive in the market.
The Report Covers-
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global sarcoma drug market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Bayer AG
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Eli Lilly and Co.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Novartis AG
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Sarcoma Drug Market by Treatment Type
4.1.1. Chemotherapy
4.1.2. Targeted Therapy
4.1.3. Immunotherapy
4.1.4. Others (Radiation Therapy)
4.2. Global Sarcoma Drug Market by Disease Indication
4.2.1. Soft Tissue Sarcoma (STS)
4.2.2. Bone Sarcoma
4.2.3. Gastrointestinal Stromal Tumors (GIST)
4.2.4. Kaposi Sarcoma
4.3. Global Sarcoma Drug Market by Distribution Channel
4.3.1. Hospital Pharmacy
4.3.2. Retail Pharmacy
4.3.3. Online Pharmacy
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East and Africa
6. Company Profiles
6.1. AbbVie Inc.
6.2. Adaptimmune Ltd.
6.3. Arcus Biosciences, Inc.
6.4. AstraZeneca Plc
6.5. Bristol Myers Squibb Co.
6.6. Eisai Co., Ltd.
6.7. F. Hoffmann-La Roche Ltd.
6.8. Fresenius Kabi AG
6.9. Gilead Sciences, Inc.
6.10. GlaxoSmithKline plc.
6.11. Johnson & Johnson Services, Inc.
6.12. Merck & Co., Inc.
6.13. Pfizer Inc.
6.14. RADIOPHARM THERANOSTICS Ltd.
6.15. Sanofi S.A.
6.16. Takeda Pharmaceutical Co. Ltd.
6.17. Zymeworks BC Inc.
1. Global Sarcoma Drug Market Research And Analysis By Treatment Type, 2023-2031 ($ Million)
2. Global Chemotherapy Sarcoma Drug Market Research And Analysis By Region, 2023-2031 ($ Million)
3. Global Targeted Therapy Sarcoma Drug Market Research And Analysis By Region, 2023-2031 ($ Million)
4. Global Immunotherapy Sarcoma Drug Market Research And Analysis By Region, 2023-2031 ($ Million)
5. Global Other Treatment Sarcoma Drug Market Research And Analysis By Region, 2023-2031 ($ Million)
6. Global Sarcoma Drug Market Research And Analysis By Disease Indication 2023-2031 ($ Million)
7. Global Soft Tissue Sarcoma Drug Market Research And Analysis By Region, 2023-2031 ($ Million)
8. Global Bone Sarcoma Drug Market Research And Analysis By Region, 2023-2031 ($ Million)
9. Global Gastrointestinal Stromal Tumors Sarcoma Drug Market Research And Analysis By Region, 2023-2031 ($ Million)
10. Global Kaposi Sarcoma Drug Market Research And Analysis By Region, 2023-2031 ($ Million)
11. Global Sarcoma Drug Market Research And Analysis By Distribution Channel, 2023-2031 ($ Million)
12. Global Sarcoma Drug For Hospital Pharmacy Market Research And Analysis By Region, 2023-2031 ($ Million)
13. Global Sarcoma Drug For Retail Pharmacy Market Research And Analysis By Region, 2023-2031 ($ Million)
14. Global Sarcoma Drug For Online Pharmacy Market Research And Analysis By Region, 2023-2031 ($ Million)
15. Global Sarcoma Drug Market Research And Analysis By Region, 2023-2031 ($ Million)
16. North American Sarcoma Drug Market Research And Analysis By Country, 2023-2031 ($ Million)
17. North American Saroma Drug Market Research And Analysis By Treatment Type, 2023-2031 ($ Million)
18. North American Sarcoma Drug Market Research And Analysis By Disease Indication, 2023-2031 ($ Million)
19. North American Sarcoma Drug Market Research And Analysis By Distribution Channel, 2023-2031 ($ Million)
20. European Sarcoma Drug Market Research And Analysis By Country, 2023-2031 ($ Million)
21. European Sarcoma Drug Market Research And Analysis By Treatment Type, 2023-2031 ($ Million)
22. European Sarcoma Drug Market Research And Analysis By Disease Indication, 2023-2031 ($ Million)
23. European Sarcoma Drug Market Research And Analysis By Distribution Channel, 2023-2031 ($ Million)
24. Asia-Pacific Sarcoma Drug Market Research And Analysis By Country, 2023-2031 ($ Million)
25. Asia-Pacific Sarcoma Drug Market Research And Analysis By Treatment Type, 2023-2031 ($ Million)
26. Asia-Pacific Sarcoma Drug Market Research And Analysis By Disease Indication, 2023-2031 ($ Million)
27. Asia-Pacific Sarcoma Drug Market Research And Analysis By Distribution Channel, 2023-2031 ($ Million)
28. Rest Of The World Sarcoma Drug Market Research And Analysis By Region, 2023-2031 ($ Million)
29. Rest Of The World Sarcoma Drug Market Research And Analysis By Treatment Type, 2023-2031 ($ Million)
30. Rest Of The World Sarcoma Drug Market Research And Analysis By Disease Indication, 2023-2031 ($ Million)
31. Rest Of The World Sarcoma Drug Market Research And Analysis By Distribution Channel, 2023-2031 ($ Million)
1. Global Sarcoma Drug Market Share By Treatment Type, 2023 Vs 2031 (%)
2. Global Chemotherapy Sarcoma Drug Market Share By Region, 2023 Vs 2031 (%)
3. Global Targeted Therapy Sarcoma Drug Market Share By Region, 2023 Vs 2031 (%)
4. Global Immunotherapy Sarcoma Drug Market Share By Region, 2023 Vs 2031 (%)
5. Global Other Treatment Sarcoma Drug Market Share By Region, 2023 Vs 2031 (%)
6. Global Sarcoma Drug Market Share By Disease Indication, 2023 Vs 2031 (%)
7. Global Soft Tissue Sarcoma Drug Market Share By Region, 2023 Vs 2031 (%)
8. Global Bone Sarcoma Drug Market Share By Region, 2023 Vs 2031 (%)
9. Global Gastrointestinal Stromal Tumors Sarcoma Drug Market Share By Region, 2023 Vs 2031 (%)
10. Global Kaposi Sarcoma Drug Market Share By Region, 2023 Vs 2031 (%)
11. Global Sarcoma Drug Market Share By Distribution Channel, 2023 Vs 2031 (%)
12. Global Sarcoma Drug For Online Market Share By Region, 2023 Vs 2031 (%)
13. Global Sarcoma Drug For Offline Market Share By Region, 2023 Vs 2031 (%)
14. Global Sarcoma Drug Market Share By Region, 2023 Vs 2031 (%)
15. US Sarcoma Drug Market Size, 2023-2031 ($ Million)
16. Canada Sarcoma Drug Market Size, 2023-2031 ($ Million)
17. UK Sarcoma Drug Market Size, 2023-2031 ($ Million)
18. France Sarcoma Drug Market Size, 2023-2031 ($ Million)
19. Germany Sarcoma Drug Market Size, 2023-2031 ($ Million)
20. Italy Sarcoma Drug Market Size, 2023-2031 ($ Million)
21. Spain Sarcoma Drug Market Size, 2023-2031 ($ Million)
22. Rest Of Europe Sarcoma Drug Market Size, 2023-2031 ($ Million)
23. India Sarcoma Drug Market Size, 2023-2031 ($ Million)
24. China Sarcoma Drug Market Size, 2023-2031 ($ Million)
25. Japan Sarcoma Drug Market Size, 2023-2031 ($ Million)
26. South Korea Sarcoma Drug Market Size, 2023-2031 ($ Million)
27. Rest Of Asia-Pacific Sarcoma Drug Market Size, 2023-2031 ($ Million)
28. Latin America Sarcoma Drug Market Size, 2023-2031 ($ Million)
29. Middle East And Africa Sarcoma Drug Market Size, 2023-2031 ($ Million)
