Market Snapshot:
The most common form of non-melanoma or keratinocyte skin cancer is cutaneous squamous cell carcinoma. It's a skin infection that spreads beyond the epidermis. Cutaneous squamous cell carcinoma is a form of cancer that causes the cutaneous epithelium to proliferate malignantly, suggesting a 20% to 50% chance of developing skin cancer. During the forecast era, the global cutaneous squamous cell carcinoma (cSCC) market is expected to grow at a rapid rate. The rise in the incidence of skin cancers, increased understanding of cutaneous squamous cell carcinoma (cSCC), and ongoing studies and trials on the treatment of cutaneous squamous cell carcinoma are expected to drive the sector.
Highlights from Cutaneous Squamous Cell Carcinoma Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Players profiled in the report are Eli Lilly and Company (United States), Sanofi S.A. (France), Cadila Healthcare Limited (India), Cipla Limited (India), Castle Biosciences (United States), Regeneron Pharmaceuticals, Inc. (United States), Merck & Co., Inc. (United States), Vidac Pharma (Israel), LEO Pharma A/S (Denmark) and Regeneron Pharmaceuticals, Inc. (United States). Additionally, other players that are part of this comprehensive study are Merck Sharp & Dohme (United States) and Amgen Inc (United States).
Geographic Breakdown and Segment Analysis
The Global Cutaneous Squamous Cell Carcinoma market presents a comprehensive analysis of the Cutaneous Squamous Cell Carcinoma market by end-user/application (Hospitals, Cancer Institutes, Ambulatory Surgical Centers and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Cutaneous Squamous Cell Carcinoma industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Cutaneous Squamous Cell Carcinoma market
Analyst at AMA have segmented the market study of Global Cutaneous Squamous Cell Carcinoma market by Type, Application and Region.
Influencing Trend:
Ongoing Clinical Trials for the Treatment of Cutaneous Squamous-cell Carcinoma
Market Growth Drivers:
Increasing Incidence of Cutaneous Squamous-cell Carcinoma and Rise in Intensity of Ambient Light
Challenges:
Longer Duration of the Surgery and Higher Cost
Restraints:
Lack of Standardization in Guidelines
Opportunities:
Increasing Approvals for Cutaneous Squamous Cell Carcinoma Treatment and Continuous Research on the Treatment of Cutaneous Squamous Cell Carcinoma
Market Developments Activities:
In February 2023, , Bristol-Myers Squibb entered into a collaboration agreement with Innate Pharma, a clinical-stage biotechnology company, to develop a novel combination therapy for cSCC. The collaboration combines Bristol-Myers Squibb's expertise in immuno-oncology with Innate Pharma's innovative agonist antibodies to target specific cancer-associated immune cells.
In March 2023, FDA Approves Libtayo® (cemiplimab-rwlc) as First and Only Treatment for Advanced Cutaneous Squamous Cell Carcinoma. This approval marks a significant advancement in the treatment of advanced cSCC, a rare and aggressive form of skin cancer. Libtayo® is a monoclonal antibody that targets programmed death-ligand 1 (PD-L1) and is designed to help the immune system fight cancer cells.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Cutaneous Squamous Cell Carcinoma Treatment Provider, Venture Capitalists and Private Equity Firms and End-Use Industry