About Skin Cancer
Skin cancer is the abnormal growth of skin cells that most commonly develop on skin that is exposed to the sun. However, this common form of cancer can also appear in areas of your skin that are not normally exposed to sunlight. The skin is the largest organ in the body that helps regulate body temperature, protects against harmful radiation, and excrete toxic substances through sweat and sensation. Skin cancer is the most common type of cancer caused by the abnormal growth of skin cells. It is estimated that 90% of skin cancers are caused primarily by solar and artificial ultraviolet (UV) radiation. The World Health Organization predicts that approximately 2-3 million cases of non-melanoma skin cancer and 1-1.5 million cases of melanoma skin cancer are reported each year, with one in three cancer diagnosed being skin cancer and one in five Americans occurring during their lifetime Sufferers of skin cancer. It has also been estimated that a 10% decrease in the ozone layer leads to an additional 0.3 million non-melanoma cases and around 4,500 melanoma cases. There are three main types of skin cancer, namely basal cell carcinoma, squamous cell carcinoma, and melanoma. Squamous cells that make up the top layer of the epidermis, basal cells, i.e. H. Round cells below the squamous cells, and melanocytes that produce melanin are present in the lower part of the epidermis. Skin cancer forms in basal cells or squamous cell carcinoma. Treatment for skin cancer can vary based on the general health of the patient, type of cancer, stage of cancer, part of the body affected, tumor size, etc.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.2% |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Skin Cancer market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
F. Hoffmann-la Roche Ltd. (Switzerland), Novartis International AG (Switzerland), Sun Pharma Industries Ltd. (India), Elekta AB (Sweden), Varian Medical Systems Inc. (United States), Cannabis Science Inc. (United States), Cellceutix Corp. (United States), LEO Pharma A/S (Denmark), Moberg Pharma AB (Sweden), Mylan Pharmaceutical Inc. (United States), Oncothyreon Inc. (United States), Eli Lilly and Co. (United States), Bristol Myers Squibb Co. (United States), Boehringer Ingelheim GmbH (Germany), Aqua Pharmaceuticals LLC (United States) and Valeant Pharmaceuticals Inc. (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Meda AB (United States), iCAD Inc. (Sweden) and Merck & Co. Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Skin Cancer market by Type (Basal Cell Carcinoma, Squamous Cell Carcinoma and Malignant Melanoma), Application (Hospital, Clinics, Diagnostic Centers and Cancer Research Institute) and Region.
On the basis of geography, the market of Skin Cancer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Chemotherapy Type, the sub-segment i.e. Systemic will boost the Skin Cancer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Non- Invasive Treatment Type, the sub-segment i.e. Radiotherapy will boost the Skin Cancer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Treatment Type, the sub-segment i.e. Surgery will boost the Skin Cancer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Focus by Companies in Developing Low-Cost Drugs, Use of Combination Therapies for the Procedure, Favorable Insurance and Reimbursement Policies and Increasing Strategic Alliances between the Companies
Market Growth Drivers:
Rising Shift towards Adoption of Western Lifestyle, Growing Incidents of Skin Cancers, Rise in Global Warming Leading to Depletion of Ozone Layer and Increasing Awareness about the Treatment Especially In the Emerging Nations
Challenges:
Severe Adverse Effects Associated With the Therapy
Restraints:
High Cost of Skin Cancer Therapeutics and Available Of Alternate Treatment Options
Opportunities:
Advancements in Cancer Biology, High Investment in R & D, Growing Technological Innovations for the Development of Drugs and Treatment and Launch of Several Diagnostic and Screening Programs Worldwide
Market Leaders and their expansionary development strategies
In June 2019, Pfizer Inc. and Array BioPharma Inc., announced that they have entered into a definitive merger agreement under which Pfizer will acquire Array, a commercial stage biopharmaceutical company focused on the discovery, development and commercialization of targeted small molecule medicines to treat cancer and other diseases of high unmet need. Pfizer has agreed to acquire Array for 48 per share in cash, for a total enterprise value of approximately USD 11.4 billion. The Boards of Directors of both companies have approved the merger.
In January 2024, After two decades of providing comprehensive and accurate resources to the melanoma community, AIM at Melanoma has launched a new website called AIM at Skin Cancer. This new website will provide the same depth and breadth of resources and information to those battling nonmelanoma skin cancer.
Government initiatives to raise awareness of non-melanoma skin cancer
Key Target Audience
Providers of Cervical Cancer, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.