The melanoma market reached a value of USD 4.2 Billion across the top 7 markets (US, EU4, UK, and Japan) in 2024. Looking forward, IMARC Group expects the top 7 major markets to reach USD 9.8 Billion by 2035, exhibiting a growth rate (CAGR) of 8.04% during 2025-2035.
Report Attribute
|
Key Statistics
|
---|---|
Base Year |
2024
|
Forecast Years | 2025-2035 |
Historical Years |
2019-2024
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Market Size in 2024
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USD 4.2 Billion |
Market Forecast in 2035
|
USD 9.8 Billion |
Market Growth Rate (2025-2035)
|
8.04% |
The melanoma market has been comprehensively analyzed in IMARC's new report titled "Melanoma Market Size, Epidemiology, In-Market Drugs Sales, Pipeline Therapies, and Regional Outlook 2025-2035". Melanoma refers to a type of skin cancer that develops in the cells producing melanin, the pigment responsible for providing color to the skin, eyes, and hair. It can manifest in various ways, but most commonly, it appears as a new mole or a change in an existing mole. Several other potential symptoms of the ailment include the development of sores that do not heal; the appearance of new bumps or lumps under the skin; itchiness, tenderness, or pain in the affected area; etc. Melanoma is typically diagnosed through a combination of physical exams, imaging procedures, and biopsies. During a physical exam, a dermatologist or other healthcare provider will closely examine any mole or other marks on the skin to look for potential signs of melanoma. If a suspicious area is identified, various imaging tests, such as an MRI, CT scan, or and PET scan, can be used to determine the extent of the cancer and if it has spread to other areas of the body. A biopsy is generally necessary to confirm a diagnosis of melanoma.
The increasing cases of exposure to ultraviolet radiation from the sun or tanning beds are primarily driving the melanoma market. Additionally, the rising incidence of several associated risk factors, such as having a large number of moles or atypical moles, fair skin that burns easily, weakened immune system, genetic mutations, etc., is also propelling the market growth. Besides this, the emerging popularity of intralesional therapy on account of its numerous benefits over systemic therapies, including targeted treatment, convenience, a lower risk of developing drug resistance, etc., is acting as another significant growth-inducing factor. Furthermore, the inflating adoption of reflectance confocal microscopy (RCM) for providing high-resolution images of the skin that can help identify the features of melanoma is also bolstering market growth. Apart from this, the escalating application of Mohs surgery for treating melanoma located on the face, hands, or feet, where preserving healthy tissue and minimizing scarring are especially important, further creates a positive outlook for the market. Moreover, the ongoing advancements in screening techniques, such as the introduction of dermoscopy and total body photography, which aid in improving the accuracy and efficiency of disease detection, are expected to drive the melanoma market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the melanoma market in the United States, EU4 (Germany, Spain, Italy, and France), United Kingdom, and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report, the United States has the largest patient pool for melanoma and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, unmet medical needs, etc., have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the melanoma market in any manner.
KIMMTRAK is an innovative bispecific protein that combines a soluble T cell receptor with an anti-CD3 immune effector activity. KIMMTRAK targets gp100, a lineage antigen found in melanocytes and melanoma. This is the first chemical created using Immunocore's ImmTAC technology platform, which redirects and activates T lymphocytes to target and kill tumor cells.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current melanoma marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Opdualag (Nivolumab/relatlimab-rmbw) | Bristol-Myers Squibb Company |
Tecentriq (Atezolizumab) | Genentech USA, Inc. |
Yervoy (Ipilimumab) | Bristol-Myers Squibb Company |
Kimmtrak (Tebentafusp-tebn) | Immunocore Ltd. |
Hepzato Kit (Melphalan) | Delcath Systems, Inc. |
GIM-531 | Georgiamune Inc |
IOV-3001 | IOVANCE Biotherapeutics, Inc. |
Roginolisib (IOA-244) | iOnctura |
Tebentafusp | Immunocore Holdings plc. |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Melanoma: Current Treatment Scenario, Marketed Drugs and Emerging Therapies