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The colorectal cancer market was valued at USD 14.55 Billion in 2024, driven by the increasing prevalence of colorectal cancer and the growth in clinical trials across the 8 major markets. The market is expected to grow at a CAGR of 7.80% during the forecast period of 2025-2034, with the values likely to reach USD 30.84 Billion by 2034.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2025-2034
Colorectal Cancer Market Outlook
*this image is indicative*
Colorectal cancer develops in the tissues of the colon or rectum, located at the lower end of the digestive tract. It is estimated that 1 in 24 individuals are likely to develop the disease in their lifetime. Although counted as one of the most treatable diseases when caught in the early stages, colorectal cancer is considered the leading cause of cancer-related deaths in men. The rising incidence of colorectal cancer along with the increasing aging population is one of the primary factors contributing to the market growth. Increased regular screening programs and advancements in imaging techniques are also supporting the market expansion. Moreover, the rising introduction of targeted therapies, the shift towards combination therapies, and the growth in clinical trials evaluating new treatment options are poised to influence the market dynamics.
Increasing Prevalence of Colorectal Cancer is Driving Market Growth
According to the American Cancer Society (ACS), around 152,810 new cases of colorectal cancer are estimated to occur in 2024 in the United States, out of which 81,540 cases are predicted to be of men and 71,270 cases will account for women. Further, colorectal cancer is reported as the second-leading cause of all cancer-related deaths in the country and is estimated to be responsible for 53,010 deaths. This increasing burden of colorectal cancer as a result of the growing aging populations and unhealthy lifestyle patterns is expected to fuel market growth.
The market is witnessing several trends and developments to improve the current scenario. Some of the notable trends are as follows:
The report offers a detailed analysis of the market based on the following segments:
Market Breakup by Treatment Type:
Market Breakup by Cancer Type:
Market Breakup by End User:
Market Breakup by Region:
Market Segmentation Based on Cancer Type Represents Significant Market Share
The market segmentation by cancer type includes colorectal cancer adenocarcinoma and gastrointestinal carcinoid tumors, among others. Adenocarcinoma accounts for the majority of cases of colorectal cancer, originating in the glandular cells lining the inside of the colon and rectum. Early-stage adenocarcinoma is usually treated with surgery, but combination treatments are often needed to manage advanced cases. The rising availability of targeted therapies like bevacizumab (Avastin) and cetuximab (Erbitux) and immunotherapies like pembrolizumab (Keytruda) is projected to support the growth of this segment in the forecast period.
The market segmentation by region includes the United States, EU-4 (Germany, France, Italy, Spain), and the United Kingdom, Japan, and India. The United States dominates the market share owing to the high incidence rate of colorectal cancer which drives the demand for screening, diagnostics, and therapies. The easy availability of advanced treatments including immunotherapies, targeted therapies, and advanced surgical techniques also supports the market growth. Moreover, increasing investments in clinical research and trials along with rising cancer screening initiatives are anticipated to propel the market expansion in the country.
The key features of the market report comprise patent analysis, grants analysis, clinical trial analysis, funding and investment analysis, and strategic initiatives by the leading key players. The major companies in the market are as follows:
AstraZeneca, headquartered in Cambridge, United Kingdom, is a global, science-led biopharmaceutical business that is actively involved in developing immunotherapy drugs and targeted therapies for various cancers. Its drug candidate AZD-9592 is under clinical development and currently undergoing Phase I trial for metastatic colorectal cancer.
Pfizer is one of the leading players in the market with a strong presence in the oncology sector. It...
Swiss multinational pharmaceutical company Novartis is focused on the development of targeted therap...
Amgen, headquartered in Thousand Oaks, California, has a dominant presence in the market and is well...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include F. Hoffmann-La Roche Ltd., GSK plc, Eli Lilly and Company, AbbVie Inc., and Teva Pharmaceuticals Ltd.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Treatment Type |
|
Breakup by Cancer Type |
|
Breakup by End User |
|
Breakup by Region |
|
Market Dynamics |
|
Supplier Landscape |
|
Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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