Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.53 Billion | USD 12.8 Billion | 8.1% | 2021 |
FrequentlyAsked Questions
Rising prevalence of basal cell carcinoma is among the primary factor boosting the growth of the market. In addition to this, developing healthcare infrastructure and growing initiatives for awareness regarding the early diagnosis of diseases are estimated to foster market growth.
According to the Zion Market Research report, the global basal cell carcinoma treatment market was worth about 5.53 (USD billion) in 2021 and is predicted to grow to around 12.8 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 8.1 percent.
North America is expected to dominate the global basal cell carcinoma treatment market throughout the projected period. This is attributable to key aspects such as the favorable reimbursement policies, increased awareness of advanced treatments, the growing senior population, and the region's high prevalence of basal cell carcinoma. The United States is anticipated to hold the major share owing to the presence of major players, and well-developed healthcare infrastructure.
The major players operating in the global basal cell carcinoma treatment market include Sun Pharmaceuticals Ltd, Mylan N.V., F. Hoffmann-La Roche Ltd., Valeant Pharmaceuticals International Inc, Merck and Co. Inc., Sanofi, Strides Arcolab Ltd., Perrigo Company plc, Allergan, Inc., and Bausch Health Companies among others.
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