Radiotherapy Induced Oral Mucositis Treatment Market Proposal, Demand And Trade Analysis 2023 to 2033
According to a new market research report published by Future Market insights, the global Radiotherapy Induced Oral Mucositis Treatment market is expected to grow at a CAGR of 5% from 2023 to 2033, reaching a market size of USD 4.89 Billion by 2033.
Radiotherapy-induced oral mucositis is a painful and debilitating side
effect of radiotherapy treatment for cancer patients. It is estimated that
approximately 40% to 100% of patients who undergo radiotherapy for head and
neck cancer will develop Radiotherapy Induced Oral Mucositis. This condition
can significantly impact patients' quality of life, causing pain, difficulty
eating, and increased risk of infection. However, there are several treatments
available for Radiotherapy Induced Oral Mucositis, including drugs,
mouthwashes, gels, and other therapies.
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The global Radiotherapy Induced Oral Mucositis Treatment Market is
expected to grow significantly from 2018 to 2022, with a continued upward
trajectory in demand from 2023 to 2033. One of the key drivers of the
Radiotherapy Induced Oral Mucositis treatment market is the increasing
incidence of cancer.
According to the World Health Organization (WHO), cancer is the second
leading cause of death globally, with an estimated 9.6 million deaths in 2018.
As the incidence of cancer continues to rise, the number of patients undergoing
radiotherapy is also increasing, leading to a higher prevalence of Radiotherapy
Induced Oral Mucositis.
Another factor driving the growth of the Radiotherapy Induced Oral
Mucositis treatment market is the increasing awareness of Radiotherapy Induced
Oral Mucositis among healthcare providers and patients. Radiotherapy Induced
Oral Mucositis is a well-known side effect of radiotherapy, and healthcare
providers are increasingly taking steps to prevent and manage this condition in
their patients. Additionally, patients are becoming more informed about
Radiotherapy Induced Oral Mucositis and are seeking out effective treatments to
manage their symptoms.
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Key Takeaways from the Market Study
- From 2018 to
2022, the Radiotherapy Induced Oral Mucositis Treatment market grew at a
CAGR of 3.5%.
- The global
Radiotherapy Induced Oral Mucositis Treatment market is expected to grow
with a 5% CAGR during 2023 to 2033.
- As of 2033, the
Radiotherapy Induced Oral Mucositis Treatment Market is expected to reach
US$ 4.89 Billion.
- According to
the FMI analysis, the hospital pharmacies segment accounts for the largest
market share.
- North America
is expected to possess 40% market share for the Radiotherapy Induced Oral
Mucositis Treatment market.
- The East &
South Asia market is predicted to increase significantly throughout the
forecast period, with a share of 20% during the forecast period.
“A series of international level collaborations involving healthcare
stakeholders across various institutional settings are fueling further clinical
trials and research studies dedicated to discovering Radiotherapy Induced Oral
Mucositis Treatment.” says an FMI analyst
Mucositis Relief for Radiotherapy Patients is a
common side effect of radiation therapy in cancer patients. It is an
inflammation of the mucous membranes lining the mouth and throat, which can
cause pain, discomfort, and difficulty swallowing.
Market Competition
- Galera
Therapeutics announced that the FDA has accepted and granted priority
review to a new drug application for avasopasem manganese (GC4419) for
patients suffering from radiotherapy-induced severe oral mucositis caused
by head and neck cancer. The Prescription Drug User Fee Act date for
avasopasem has been set for August 9, 2023. If approved, avasopasem will
be the first drug approved by the FDA for reducing radiotherapy-induced
severe oral mucositis in patients with head and neck cancer.
Key Companies Profiled:
- Izun
Pharmaceuticals
- Soleva Pharma
- Aurora
Bioscience
- INNOVATION
Pharma
- Camurus AB,
Monopar Therapeutics
- Prothex Inc.
- Access
Pharmaceutical Inc.
- Swedish Orphan
Biovitrum
- NeoMedLight
Key Segments Profiled in the Radiotherapy-Induced Oral Mucositis
Treatment Industry Survey
Drug Class:
- Antibiotics
- Antifungal
- Anti-Inflammatory
- Anti-Neoplastic
Distribution Channel:
- Hospital
Pharmacy
- Retail Pharmacy
- Online Pharmacy
End User:
- Hospitals
- Oncology
Centres
- Research
Institutes
- Dental Clinics
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