PUBLISHER: The Insight Partners | PRODUCT CODE: 1452586
PUBLISHER: The Insight Partners | PRODUCT CODE: 1452586
The Europe glioma treatment market is expected to grow from US$ 959.99 million in 2022 to US$ 1,905.10 million by 2030. It is estimated to grow at a CAGR of 8.9% from 2022 to 2030.
Increase in Prevalence of High-Grade Glioma Fuels Europe Glioma Treatment Market
High-grade gliomas include aggressive brain tumors such as glioblastomas, anaplastic astrocytomas, and oligodendrogliomas. These tumors are characterized by their rapid growth, infiltrative behavior, and resistance to conventional treatment methods. High-grade gliomas are multifaceted tumors that are not yet fully understood, which is a major reason for their increasing incidence. Moreover, aging populations, environmental exposure, genetic predispositions, and improved diagnostic capabilities are other notable factors that result in a large number of cases. Gliomas, particularly glioblastomas, are known for their devastating impact on patients\' lives due to their location within the brain and ability to disrupt critical neurological functions.
The most frequent and dangerous type of brain tumor is glioblastoma. Globally, more than 250,000 new cases of primary malignant brain tumors are detected each year, with gliomas accounting for 77% of these occurrences. It still remains a rare disease, accounting for over 50% of primary malignant brain tumors.
Europe Glioma Treatment Market Overview
The Europe glioma treatment market in Europe is segmented into France, Germany, Italy, Spain, the UK, and the Rest of Europe. The region holds the second-largest share of the global market, which can be attributed to the increasing number of brain tumor cases, technological advancements in brain tumor treatments in France, the increasing prevalence of neurological disorders in the UK, and surging healthcare investments in Germany. The healthcare sector in the UK has access to well-developed advanced medical technologies and devices. According to the United Kingdom National Health Service, more than 11,000 people are diagnosed with brain tumors in the UK each year, of which nearly 50% of tumors are cancerous. Per the Globocan 2020 data, the UK recorded about 7,697 new cases of brain and central nervous system cancer. As a result of the burgeoning incidence, several private and government organizations are investing in cancer research. As per the written evidence related to brain tumor and childhood cancer research from Cancer Research UK (BCCR0001), released in April 2021, Cancer Research UK has committed USD 35.45 million since 2018 to encourage brain tumor research through funding calls for brain tumor research and launching centers of excellence and a radiation research network. The center invested USD15.20 million in brain tumor research, and USD 11.12 million in cancer research affecting children and adolescents in 2019-2020 to become one of the largest research funders in the field of brain tumors across the UK.
Europe Glioma Treatment Market Revenue and Forecast to 2030 (US$ Million)
Europe Glioma Treatment Market Segmentation
The Europe glioma treatment market is segmented into disease, treatment type, grade, end user, and country.
Based on disease, the Europe glioma treatment market is segmented into astrocytoma, oligoastrocytoma, and oligodendroglioma. The astrocytoma segment held the largest share of the Europe glioma treatment market in 2022.
Based on treatment type, the Europe glioma treatment market is segmented into surgery, chemotherapy, radiation therapy, and others. The surgery segment held the largest share of the Europe glioma treatment market in 2022.
Based on grade, the Europe glioma treatment market is segmented into low grade and high grade. The high grade segment held a larger share of the Europe glioma treatment market in 2022.
Based on end user, the Europe glioma treatment market is segmented into hospital & clinics and ambulatory surgical center. The hospital & clinics segment held a larger share of the Europe glioma treatment market in 2022.
Based on country, the Europe glioma treatment market is segmented into France, Germany, Italy, Spain, the UK, and the Rest of Europe. Germany dominated the Europe glioma treatment market in 2022.
Amgen Inc, Amneal Pharmaceuticals Inc, Biocon Ltd, F. Hoffmann-La Roche Ltd, Karyopharm Therapeutics Inc, Merck & Co Inc, Pfizer Inc, Sun Pharmaceutical Industries Ltd, and Teva Pharmaceutical Industries Ltd are some of the leading companies operating in the Europe glioma treatment market.