Triple Negative Breast Cancer Market Size Worth USD 1,463.82 Million by 2030

Data Bridge Market Research analyses a growth rate in the global triple-negative breast cancer market in 2023-2030. The expected CAGR of the global triple negative breast cancer market is around 5.50% in the mentioned forecast period. The market was valued at USD 953.8 million in 2022 and would grow to USD 1,463.82 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Download PDF Sample Report (Including Graphs, Charts, and List of Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-triple-negative-breast-cancer-market

Breast cancer is the second most prevalent cancer in the world and is the most common cancer in women worldwide. Mostly metastatic breast cancer may be detected months or years after the advanced or early detection and treatment of breast cancer, such as stages 1, 2, or 3. Current advancements in cancer research continue to lead to the launch of newer and better treatment options, including drug therapies. The endlessly improving healthcare infrastructure, combined with the surge in people's disposable incomes, is expected to make the market grow in the forecast period.

Drivers

Rise in Breast Cancer Cases
As per breastcancer.org, in 2023, it is estimated that nearly 30% of the newly discovered cancer cases in women get diagnosed with breast cancer. Furthermore, triple-negative breast cancer (TNBC) accounts for around 10-15% of all breast cancers. Furthermore, the extensive R&D activities to achieve successful therapeutic for this disease and the increasing number of patients with breast cancer are enhancing the market growth.

Wide Availability of Biosimilar and Generic Anti-Cancer Drugs
The increasing availability of biosimilar and affordable generic anti-cancer drugs in developing nations is anticipated to decrease the burden of cancer care significantly. An estimated cost reduction of around 30% - 40% and extended use of generic drugs is anticipated to decrease overall cancer treatment costs, thus increasing the treatment rate for triple-negative breast cancer. Thus, this boosts market growth.

Recent Developments:

In 2020, Roche collaborated with Kenya's government to improve breast cancer treatment. This campaign was launched to increase women's access to breast cancer prevention and treatment services.
In 2021, sacituzumab govitecan successfully received FDA approval for treating metastatic triple-negative breast cancer patients who had already undergone two or more systemic treatments before, out of which at least one was for metastatic illness.
Key players operating in the global triple-negative breast cancer market include:

Johnson & Johnson Private Limited (U.S.)
Cipla Inc. (U.S.)
Abbott (U.S.)
AbbVie Inc. (U.S.)
Merck KGaA (Germany)
Sun Pharmaceutical Industries Ltd. (India)
Aurobindo Pharma (India)
Lupin (India)
Hikma Pharmaceuticals PLC (U.K.)
Amneal Pharmaceuticals LLC. (U.S.)
Pfizer Inc (U.S.)
Mylan N.V. (U.S.)
Novartis AG (Switzerland)
Bristol-Myers Squibb Company (U.S.)
GSK plc. (U.K.)
Bayer AG (Germany)

To Gain More Insights into the Market Analysis, Browse the Summary of the Research Report@ https://www.databridgemarketresearch.com/reports/global-triple-negative-breast-cancer-market

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