Solitary Fibrous Tumor Treatment Market Size, Growth, Trends, Report 2021-2031

According to the report, the global solitary fibrous tumor treatment market size is expected to worth around US$ 59.3 million by 2031 and is projected to expand at a CAGR of 4.5% from 2021 to 2031.

In the past few decades, sustained advances through research & technology have led to more reliable methods for differentiating this distinct soft tissue tumor. Advances, specifically in immunohistochemistry and molecular diagnostics, have identified CD34 as the most consistent marker in solitary fibrous tumor. More recently, the discovery of the NAB2-STAT6 fusion gene has led to more precise diagnosis of solitary fibrous tumor. Hence, improvement and new development of diagnostic procedures are anticipated to drive the global solitary fibrous tumor treatment market.

High Cost of Treatment to Hamper Global Market

Several studies have suggested that people with rare diseases face higher healthcare costs than those with common diseases. Solitary fibrous tumor is a very rare disease. Treatment involves surgery and therapies such as radiation therapy and chemotherapy. However, high cost of therapies and other immunotherapies is expected to deter patients from availing these treatments.

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Surgery to be Remain Treatment Method

The global solitary fibrous tumor treatment market has been segmented based on treatment and end-user. In terms of treatment, the global solitary fibrous tumor market has been classified into surgery, radiation therapy, and adjuvant chemotherapy. The surgery segment is likely to account for major share of the global market by 2031, due to increase in demand for surgery, as surgical management has been the mainstay treatment for solitary fibrous tumor.

Hospitals to be Key End-user

In terms of end-user, the global solitary fibrous tumor treatment market has been divided into hospitals, ambulatory surgical centers, and others. The hospitals segment is projected to expand at a high CAGR during the forecast period due to rise in patient preference for all types of treatment facility under one roof.

North America to Dominate Global Market

• The global solitary fibrous tumor treatment market has been segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global solitary fibrous tumor treatment market in 2020, followed by Europe. North America accounted for major share of the global solitary fibrous tumor treatment market in 2020 due to high awareness and increase in demand for disease risk assessment services for cancer treatment.
• The solitary fibrous tumor treatment market in Asia Pacific is projected to expand at a high CAGR from 2021 to 2031. Rise in number of patients, high healthcare expenditure, and geographic expansion by major players, especially in China and India, are anticipated to drive the solitary fibrous tumor treatment market in the region.

Leading players analyzed in the solitary fibrous tumor treatment market report are

• Pfizer, Inc.
• F. Hoffmann-La Roche Ltd.
• Eli Lilly and Company
• Bayer AG
• Novartis AG

Each of these players has been profiled in the solitary fibrous tumor treatment market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments

Key Questions Answered in Solitary Fibrous Tumor Treatment Market Report

• What is the sales/revenue generated by treatment providers across all regions during the forecast period?
• What are the opportunities in the global solitary fibrous tumor treatment market?
• What are the major drivers, restraints, opportunities, and threats in the global market?
• Which region is set to expand at the fastest CAGR during the forecast period?
• Which application segment is expected to generate the highest revenue globally in 2031?
• What are the market positions of different companies operating in the global market?

Solitary Fibrous Tumor Treatment Market – Segmentation

Treatment

• Surgery
• Radiation Therapy
• Adjuvant Chemotherapy

End-user

• Ambulatory Surgical Centers
• Hospitals
• Others

Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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