Global Non-Small Cell Lung Cancer Therapeutics Market to Reach US$15.1 bn by 2023, Asia Pacific to Report Fastest CAGR A research study, recently published by Transparency Market Research (TMR), estimates the global non-small cell lung cancer (NSCLC) therapeutics market to expand at a healthy CAGR of 12.10% over the period from 2015 to 2023 and reach a value of US$15.1 bn by the end of the forecast period.The report, titled “Non Small Cell Lung Cancer Therapeutics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023,� states that the worldwide NSCLC market attained US$4.9 bn in 2014. Non-small cell lung cancer (NSCLC) has been identified as the most common type of epithelial lung cancer. Adenocarcinomas, squamous cell carcinomas, and large cell carcinomas are the major types of NSCLC. Unlike small cell lung cancer (SCLC), NSCLC exhibits low receptivity to chemotherapy, owing to which, the need for NSCLC therapeutics has been persistently escalating in the global arena.
In this research report, the global NSCLC market therapeutics has been evaluated on the basis of the drug class, the pipeline stage, and the regional spread of this market. Based on the drug class, the market has been classified into angiogenesis inhibitor, kinase inhibitor, epidermal growth factor receptor blocker, microtubule stabilizer, PD-1/PD-L1 Inhibitor, and folate antimetabolites. In 2014, angiogenesis inhibitor was the most demanded drug class in the global arena. The high efficiency of this drug class fueled its demand in the U.S., Japan, Europe, and other major regions. Avastin and Cyramza are the two main angiogenesis inhibitors available in this market. Analysts expect this segment to expand at a CAGR of 1.80% during the forecast period and increase from a value of US$1.6 bn in 2014 to US$2 bn by the end of the forecast period. Based on the pipeline stage, NSCLC therapeutics has been categorized into early-stage (phase 1 and phase 2) pipeline drugs and late-stage (phase 3) pipeline drugs. MEDI4736 (AstraZeneca), Avelumab (Pfizer Inc.), Abemaciclib (Eli Lilly and Co.), and MPDL3280A (Roche) are the major late-stage pipeline drugs. Regionally, the study segments the global market for NSCLC therapeutics into Asia Pacific, Europe, North America, and the Rest of the World. North America led the overall market in 2014