Pancreatic Cancer Market To Reach USD 11.5 Billion By 2033

Trishita Deb
Trishita Deb

Updated · Dec 13, 2024

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Introduction

Global Pancreatic Cancer Market size is expected to be worth around USD 11.5 Billion by 2033, from USD 3.1 Billion in 2023, growing at a CAGR of 14.1% during the forecast period from 2024 to 2033., is fueled by advancements in treatment protocols and a deeper understanding of the genetic and cellular factors underlying the disease. A key area of focus is the KRAS gene mutation, present in approximately 90% of pancreatic cancer cases. The shift from traditional chemotherapy to precision medicine, including therapies targeting KRAS and DNA-damage repair pathways, represents a transformative change in treatment approaches.

New treatments also target the cellular microenvironment, which plays a vital role in cancer cell survival under nutrient-deficient conditions. Recent research highlights how pancreatic cancer cells adapt by increasing lysosomal activity. This has opened up opportunities to target pathways that support these adaptations, such as those influenced by proteins like DOCK8, which promote invasive tumor growth. Such insights continue to drive innovation in cancer treatment strategies.

The clinical use of growth factors like granulocyte colony-stimulating factor (G-CSF) is undergoing reevaluation. While G-CSF has traditionally been used to support immune function during chemotherapy, recent findings suggest it may negatively impact survival rates by promoting more aggressive cancer traits. These findings are prompting discussions about optimizing chemotherapy protocols to balance immune system support without encouraging tumor progression.

Pancreatic Cancer Market Growth

The pancreatic cancer field has also seen notable progress in drug development and approvals. In December 2022, the FDA approved a combination treatment using Pelareorep, Roche’s anti-PD-L1 checkpoint inhibitor atezolizumab, and chemotherapy agents gemcitabine and nab-paclitaxel for advanced or metastatic pancreatic ductal adenocarcinoma. Similarly, in March 2023, Novartis initiated phase I clinical trials for LGK-974, a drug for metastatic pancreatic cancer with an impressive 88% success rate for advancing from phase I to phase II trials.

These advancements highlight the continuous innovation in pancreatic cancer treatments, reflecting a broader industry trend towards more targeted and effective therapies. Ongoing research, new drug approvals, and evolving treatment paradigms are key drivers of growth in the pancreatic cancer market, underlining the importance of innovation in addressing this challenging disease.

Key Takeaways

  • Market Size: Global Pancreatic Cancer Market size is expected to be worth around USD 11.5 Billion by 2033, from USD 3.1 Billion in 2023.
  • Market Growth: The market growing at a CAGR of 14.1% during the forecast period from 2024 to 2033.
  • Type Analysis: Exocrine segment overshadowed the pancreatic cancer market capturing an astonishing market share of 81.5% in the year 2023.
  • Treatment Type Analysis: Chemotherapy remains the primary treatment for pancreatic cancer in 2023, outpacing other therapies.
  • End-Use Analysis: Hospital segment accounting a notable market revenue share of 52.7% in the year 2023.
  • Regional Analysis: North America dominated the global pancreatic cancer market with revenue share of 52.3%
  • Challenges: High treatment costs, regulatory hurdles, and the complexity of clinical trials remain significant barriers to market expansion.
  • Market Trends: Growing focus on precision medicine, companion diagnostics, and patient-centric care is reshaping the treatment landscape.

Treatment Type Analysis

  • Chemotherapy: Chemotherapy is often the first-line treatment for pancreatic cancer. Drugs like gemcitabine and FOLFIRINOX are commonly used. It works by targeting rapidly dividing cancer cells. Chemotherapy can be used before surgery to shrink tumors or post-surgery to eliminate remaining cells. The effectiveness varies, and it often leads to side effects like fatigue, nausea, and hair loss.
  • Targeted Therapy: Targeted therapy focuses on specific molecules involved in cancer cell growth. Drugs like erlotinib target the epidermal growth factor receptor (EGFR). This therapy is often used in combination with chemotherapy for advanced stages. It generally has fewer side effects than chemotherapy.
  • Immunotherapy: Immunotherapy works by stimulating the body’s immune system to fight cancer. Drugs like pembrolizumab have shown promise in clinical trials for pancreatic cancer, particularly in tumors with certain genetic mutations. It is still being investigated in clinical settings for this cancer type.
  • Hormone Therapy: Hormone therapy is less commonly used in pancreatic cancer but may be applicable in cases where the tumor produces hormones, such as insulin. It works by altering or blocking the body’s hormone production. Its application is rare but relevant for certain pancreatic neuroendocrine tumors.

Emerging Trends in Pancreatic Cancer Treatment

  • Targeted Immunotherapies: Recent breakthroughs in immunotherapy are offering new hope for treating pancreatic cancer. Research has identified neoantigens—unique, cancer-specific markers expressed by certain pancreatic tumors—that can be targeted by immune therapies. Innovations in this space include drugs that inhibit CD155, a protein interacting with the TIGIT receptor on T cells. This interaction contributes to T cell exhaustion and cancer progression. Emerging treatments, such as combining PD-1 and TIGIT inhibitors with CD40 agonist antibodies, have shown promise in revitalizing exhausted T cells and reducing tumor size, marking a significant step forward in therapy development.
  • Novel Chemotherapy Combinations: The FDA has approved NALIRIFOX, a new first-line chemotherapy regimen for metastatic pancreatic cancer. This treatment combines liposomal irinotecan, 5-FU/leucovorin, and oxaliplatin, delivering improved overall survival rates compared to previous standards of care. This combination represents a critical advancement, offering patients in advanced stages of the disease an option that not only improves life expectancy but also provides renewed hope for better outcomes.
  • Advancements in Diagnostic Technologies: Enhanced imaging techniques and the integration of artificial intelligence (AI) with prediagnostic CT scans are transforming the early detection of pancreatic cancer. These technologies allow for earlier identification of tumors, which is crucial for improving treatment effectiveness and survival rates. By enabling earlier and more accurate diagnoses, these advancements are poised to change the trajectory of patient outcomes significantly.
  • Development of a Pancreatic Cancer Vaccine: Efforts to develop a specialized pancreatic cancer vaccine are underway, with clinical trials showing promise. The vaccine is designed to train the immune system to recognize and attack pancreatic cancer cells, focusing on patients with advanced or metastatic disease. If successful, this approach could revolutionize the therapeutic landscape by providing an innovative, immune-based treatment strategy for this aggressive cancer.

Use Cases in Pancreatic Cancer Treatment

  • Enhanced Surgical Outcomes Through Chemotherapy: Advances in chemotherapy are improving the effectiveness of surgical treatment for pancreatic cancer. New protocols shrink tumors, making them more amenable to surgical removal. Since surgery often offers the best chance of a cure, these developments significantly increase the success rate of surgical interventions, providing patients with better prognoses.
  • Personalized Treatment via Genomic Profiling: Genomic profiling is enabling personalized treatment approaches in pancreatic cancer care. By analyzing the genetic makeup of a patient’s tumor, oncologists can prescribe targeted therapies tailored to the tumor’s specific genetic characteristics. This precision medicine approach optimizes treatment effectiveness, improving patient outcomes.
  • Exploring Combination Therapies: Ongoing clinical trials are investigating the potential of combination therapies, particularly those that integrate novel drugs targeting pathways like TIGIT and PD-1 with existing treatments. These studies aim to identify protocols that halt tumor growth and extend patient survival, offering the possibility of transformative treatment breakthroughs.
  • Advancements in Gene-Editing: Research into the role of specific proteins, such as DOCK8, which facilitates pancreatic cancer spread, is paving the way for new therapeutic strategies. Tools like CRISPR gene editing are being used to disrupt these pathways, offering potential for disease management and improved outcomes through targeted genetic interventions.

Conclusion

The global pancreatic cancer market is expected to experience significant growth, reaching approximately USD 11.5 billion by 2033, driven by advancements in precision medicine and a deeper understanding of the disease’s genetic and cellular factors. Key trends, including the shift to targeted therapies, novel chemotherapy combinations, and emerging immunotherapies, are reshaping treatment strategies.

With innovations in diagnostic technologies, personalized treatments, and promising drug approvals, the landscape for pancreatic cancer treatment is evolving. Despite challenges such as high treatment costs and regulatory barriers, ongoing research and emerging therapies hold promise for improving patient outcomes and market expansion.

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Trishita Deb

Trishita Deb

Trishita has more than 8+ years of experience in market research and consulting industry. She has worked in various domains including healthcare, consumer goods, and materials. Her expertise lies majorly in healthcare and has worked on more than 400 healthcare reports throughout her career.

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