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Report Overview

The esophageal cancer market was valued at 2.20 in 2024, driven by robust research efforts aimed at finding new treatment options and improving existing therapies across the 8 major markets. The market is expected to grow at a CAGR of 6.70% during the forecast period of 2025-2034, with the values likely to reach 4.21 by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • The rising burden of esophageal cancer as a result of aging populations, unhealthy lifestyle patterns, increasing obesity rates, and other factors, are driving the market demand.

  • The growing emphasis on personalized medicine and the rising adoption of immunotherapy are significant market trends.

  • The increasing government support for cancer care initiatives and rising healthcare expenditure are impacting the market dynamics positively.

Compound Annual Growth Rate

Value in

6.7%

2025-2034


Esophageal Cancer Market Outlook

*this image is indicative*

Esophageal Cancer Market Overview

Esophageal cancer refers to a cancerous growth that originates in the esophagus. Adenocarcinoma and squamous cell carcinoma are the common types of esophageal cancer. Factors such as aging populations, sedentary lifestyles, and rising obesity rates are contributing to the growing prevalence of esophageal cancer, which is propelling the demand for effective treatments. A significant trend in the esophageal cancer market is the rising development of advanced diagnostic tools, including endoscopic techniques and molecular diagnostics. Such advanced diagnostic tools have improved the early detection of esophageal cancer, thereby aiding the market growth. The market benefits from the introduction of targeted therapies and immunotherapies that offer promise in treating specific subtypes of esophageal cancer. Further, increasing healthcare expenditure, rigorous research and development efforts, and public health initiatives are anticipated to influence the market landscape in the forecast period.

Esophageal Cancer Market Growth Drivers

Substantial Burden of Esophageal Cancer to Drive Market Growth

Recent data suggests that esophageal cancer is the fourth most common gastrointestinal cancer and holds the third-highest death rate in the United States. Further, according to the American Cancer Society, around 22,370 new cases of esophageal cancer are estimated to be diagnosed and approximately 16,130 deaths are projected to occur due to esophageal cancer in the United States in 2024. The substantial burden of esophageal cancer is a significant driver of the market. Moreover, the increasing aging population, which is at a higher risk of developing cancer, is likely to fuel the market demand for advanced esophageal cancer treatments.

Esophageal Cancer Market Trends

Esophageal Cancer Market Segmentation

Market Breakup by Treatment Type

  • Chemotherapy
  • Immunotherapy
  • Surgery
  • Targeted Drug Therapy
  • Others

Market Breakup by Cancer Type

  • Esophageal Squamous-Cell Carcinoma
  • Esophageal Adenocarcinoma
  • Others

Market Breakup by Route of Administration

  • Oral
  • Parenteral
  • Others

Market Breakup by End User

  • Hospitals & Clinics
  • Diagnostic Centers
  • Research Laboratories
  • Others

Market Breakup by Region

  • United States
  • EU-4 and the United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • United Kingdom
  • Japan
  • India

Esophageal Cancer Market Share

Market Segmentation Based on Cancer Type is Anticipated to Witness Substantial Growth

Based on the cancer type, the market is segmented into esophageal squamous-cell carcinoma and esophageal adenocarcinoma, among others. Esophageal squamous-cell carcinoma is reported as the most common type of esophageal cancer worldwide, with high prevalence in Asia and Africa. This cancer type occurs in the squamous cells that line the esophagus. The increasing prevalence of esophageal squamous-cell carcinoma is propelling the demand for innovative treatment options, thereby fuelling market growth. On the other hand, esophageal adenocarcinoma occurs in the glandular cells of the lower esophagus and is more common in countries in North America and Europe.

Esophageal Cancer Market Analysis by Region

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 is a leading market for esophageal cancer treatment. The market share can be attributed to the high prevalence of the disease, government support for cancer care initiatives, and the rising adoption of targeted therapies and immunotherapies. A significant focus on the early detection of esophageal cancer and the rising preference for personalized treatment approaches in the region also support market growth. Further, the presence of major market players and substantial investments in research and development aimed at finding effective treatments are expected to aid the market expansion.

Leading Players in the Esophageal Cancer Market

The key features of the market report comprise patent analysis, clinical trials analysis, grants analysis, funding and investment analysis, and strategic initiatives by the leading key players. The major companies in the market are as follows:

AstraZeneca

This British-Swedish multinational pharmaceutical and biotechnology firm is one of the leading market players, known for its strong portfolio of oncology drugs. AstraZeneca's key immunotherapy drug Imfinzi (durvalumab)  is being investigated for its effectiveness in treating esophageal cancer, particularly in combination with chemotherapy.

Takeda Pharmaceutical

Global biopharmaceutical company Takeda Pharmaceuticals has a prominent presence in the market. The company is involved in the development and commercialization of various cancer therapies, including treatments for esophageal cancer. For instance, its drug candidate TAK-500 is undergoing a Phase II clinical trial for gastric cancer.

Pfizer, Inc.

Pfizer, Inc., an American multinational pharmaceutical and biotechnology company, holds a strong oncology portfolio including a range of chemotherapy drugs, targeted therapies, and immunotherapies. The company invests heavily in research and development and leverages strategic partnerships and acquisitions to maintain its market position.

Novartis AG

Novartis is ranked as one of the largest pharmaceutical companies in the world and has a strong focus on oncology research and development. The company is involved in the development of oncology drugs that target specific molecular pathways involved in cancer progression.

*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 Amgen Inc., Bristol-Myers Squibb Company, Eli Lily and Company, Sanofi SA, AbbVie Inc., and GSK plc.

Key Questions Answered in the Esophageal Cancer Market Report

  • What was the esophageal cancer market value in 2024?
  • What is the esophageal cancer market forecast outlook for 2025-2034?
  • What are the regional markets covered in the EMR report?
  • What is market segmentation based on treatment type?
  • What is the market breakup based on cancer type?
  • What is the market breakup by route of administration?
  • Who are the major end users in the market?
  • What are the major factors aiding the esophageal cancer market demand? 
  • How has the market performed so far and how is it anticipated to perform in the coming years?
  • What are the market's major drivers, opportunities, and restraints? 
  • Which regional market is expected to lead the market share in the forecast period? 
  • Which country is expected to experience expedited growth during the forecast period? 
  • How do the prevalence and incidence of esophageal affect the market landscape?
  • What are the major esophageal cancer market trends?
  • How does the growth in clinical trials impact the market size?
  • Which treatment type will dominate the market share? 
  • Which cancer type is expected to have a high market value in the coming years?
  • Which route of administration will experience the highest demand in the market segment?
  • Which end-user is projected to contribute to the highest market growth?
  • Who are the key players involved in the esophageal cancer market?
  • What is the patent landscape of the market?
  • What are the current unmet needs and challenges in the market?
  • How are partnerships, collaborations, mergers and acquisitions among the key market players shaping the market dynamics?

*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 Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

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:

  • Treatment Type
  • Cancer Type
  • Route of Administration
  • End User
  • Region
Breakup by Treatment Type
  • Chemotherapy
  • Immunotherapy
  • Surgery
  • Targeted Drug Therapy
  • Others
Breakup by Cancer Type
  • Esophageal Squamous-Cell Carcinoma
  • Esophageal Adenocarcinoma
  • Others
Breakup by Route of Administration
  • Oral
  • Parenteral
  • Others
Breakup by End User
  • Hospitals & Clinics
  • Diagnostic Centers
  • Research Laboratories
  • Others
Breakup by Region
  • United States
  • EU-4 and the United Kingdom
  • Japan
  • India 
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • PESTEL Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Companies News and Developments
    • Certifications 
Companies Covered
  • AstraZeneca
  • Takeda Pharmaceutical
  • Pfizer, Inc.
  • Novartis AG 
  • Amgen Inc. 
  • Bristol-Myers Squibb Company 
  • Eli Lily and Company 
  • Sanofi SA 
  • AbbVie Inc
  • GSK plc 

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