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The ependymoma market size was valued at USD 149.86 million in 2023, driven by the increasing number of research and development activities for new treatments across the 7 major markets. The market size is anticipated to grow at a CAGR of 4.80% during the forecast period of 2024-2032 to achieve a value of USD 228.5 million by 2032.
Ependymoma is a type of brain tumour that starts in the brain or spinal cord. It is also widely known as a primary central nervous system (CNS) tumour. In many types of cancer, genes might be mutated, which can cause the growth and spread of cancer cells. The exact cause of ependymomas is still unknown. Ependymomas can develop anywhere in the CNS but they are often found near the ventricles in the brain and the central canal of the spinal cord. In rare cases, ependymomas can also form outside the CNS, such as in the ovaries. Ependymomas originate from ependymal cells, which are a type of glial cells that support the central nervous system CNS.
Patients with ependymoma in the brain may experience symptoms such as headaches, nausea, vomiting, and dizziness, among others. On the other hand, patients with ependymoma in the spine may experience back pain, numbness, and weakness in their arms, legs, or trunk, along with problems in sexual, urinary, or bowel functions.
The rising prevalence of the condition and the rise in diagnosis is anticipated to bolster the ependymoma market demand in the coming years. In the United States, it is expected that around 200 children and teenagers will be diagnosed with ependymoma in 2023, which accounts for approximately 5% of all childhood brain cancers. Although ependymoma can occur at any age, it is most common in children under the age of 5. Males are more likely to be affected than females, and it is most prevalent in white and non-Hispanic people. Currently, approximately 13,294 people are living with this tumour in the United States. The relative 5-year survival rate for ependymoma is 83.9%, but it is important to note that many factors can affect prognosis.
The ependymoma market growth is influenced by the increasing number of clinical trials, both ongoing and open for enrollment, particularly at the University of California Health and UCSF, exhibiting an active interest in discovering novel drug treatments. The FDA's recent approvals of new drug treatments for patient suffering from ganglioglioma, astrocytoma, and oligodendrogliomas are also anticipated to aid the growth of the market.
Market Breakup by Type
Market Breakup by Therapy Type
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Market Breakup by Distribution Channel
Market Breakup by Region
The market growth is driven by the increasing efforts of the market players and researchers towards developing and providing the best clinical treatment possible in the market. The market is witnessing significant growth in the demand for personalised treatment due to the increasing awareness regarding targeted therapies.
The FDA approvals for new treatment therapies and drugs are significantly contributing to the ependymoma market share, leading to the increased demand for more treatments. The market is expected to witness significant growth due to the demand for new chemotherapy, targeted therapy, or immunotherapy drugs, which may also be available and can be a possible treatment option in the market. The growing support in the form of funding actions by the market players and the governments for research and development activities is further driving the demand for new treatments, propelling the market growth.
The United States is substantially leading the market driven by factors such as increased adoption of advanced techniques. It is likely to continue dominating the market in the coming years as well. The presence of rigid healthcare infrastructure, along with the rising awareness about the availability of limited treatments, is propelling the ependymoma market demand.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
Please note that this only represents a partial list of companies, and the complete list has been provided in the report.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
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*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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The market attained a value of about USD 149.86 million in 2023 in the 7 major markets, driven by the increased demand for treatments.
The market is anticipated to grow at a CAGR of 4.80% during the forecast period of 2024-2032, likely to reach a market value of USD 228.5 million by 2032.
The rising healthcare infrastructure, increasing focus of researchers and market players to develop new and effective treatments are among the major factors driving the market growth.
The United States Food and Drug Association (FDA) nodding for new treatments leading to increased demand for treatments is a major trend influencing the market growth.
The major regions of the market include the United States, Japan, EU-4 and the United Kingdom. EU-4 is divided into Germany, France, Italy, and Spain.
Ependymoma includes subependymoma, myxopapillary ependymoma, and anaplastic ependymoma.
Treatment therapies available in the market include chemotherapy, radiation therapy, and targeted therapy.
Treatments available in the market are medication and surgery.
Drugs available in the market are corticosteroids and antiseizure agents, among others.
Oral and injectables are the routes of administration in the market.
Distribution channels the market include hospital pharmacy and retail pharmacy.
Key players involved in the market are Novocure, EMulate Therapeutics, Sun Pharmaceutical Industries Ltd, Zydus Cadila, Torrent Pharmaceuticals Ltd, Takeda Pharmaceutical Company, Validus Pharmaceuticals LLC., Mylan N.V., Teva Pharmaceutical Industries Ltd., WOCKHARDT, Fera Pharmaceuticals, Novartis AG, Lupin Pharmaceuticals, Inc., and Baxter.
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Australia
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Philippines
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+44-753-713-2163
United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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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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