Merkel Cell Carcinoma Disease Treatment Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Therapy (Chemotherapy, Immunotherapy, Surgical Excision, Radiation Therapy, Combination Therapy, Others), By Test Type (Computerized Axial Tomography Scan, Positron Emission Tomography Scan, Biopsy Test, Immunohistochemistry Test, Others), By End-Users (Hospitals, Homecare, Specialty Clinics And Surgical Centers, Others), And By Geography - Forecasts From 2021 To 2026

Published:  Jan 2022 Report Code: KSI061612273 Pages: 101

The Merkel cell carcinoma disease treatment market is projected to grow at a CAGR of 3.37% during the forecast period to reach US$3.782 billion by 2026, from US$2.999 billion in 2019. Merkel cell carcinoma (MCC) is a rare skin cancer that develops from malignant cancer cells. After melanoma, Merkel cell carcinoma is the second most prevalent cause of skin cancer death. Merkel cell cancer is caused by a weakened immune system and excessive sun exposure.

One of the key reasons driving the Merkel cell carcinoma disease treatment market during the forecast period is the rising number of cases of Merkel cell carcinoma around the world. The increasing cases have influenced the demand for novel medications for Merkel cell carcinoma treatment. Furthermore, strong immunotherapy uptake and favorable reimbursement are regarded as encouraging indicators for Merkel cell carcinoma treatment growth. The market is expected to grow due to increased research and development initiatives for the treatment of Merkel cell carcinoma.

The market for Merkel cell carcinoma treatment may be limited by high treatment costs, the cancellation of late-stage clinical trials, a lack of public awareness, and side effects during the projection period. Nausea, skin changes, diarrhea, painful sores in the throat and mouth, exhaustion, and dry mouth or thick saliva are all side effects of external radiation therapy. The radiation's negative effects are transient, although some uncommon significant side effects may become permanent. Radiation to the chest can sometimes cause lung damage, which can cause breathing problems and shortness of breath.

Key Developments

Nantkwest, Inc. (Immunitybio) announced the start of phase 2 clinical investigation on triple combination immunological therapy for Merkel cell cancer treatment in January 2019. KEYTRUDA was approved by the FDA in December 2018 for treating pediatric and adult patients with metastatic or recurrent locally advanced Merkel cell carcinoma. On July 9, 2019, The Patient Advocate Foundation, a non-profit organization, offered funds for MCC patients to assist with treatment travel expenditures. Once accepted, the financial fund will pay $450 in one-time help to cover the costs of transportation to and from treatment appointments. According to the Fred Hutchinson Cancer Research Centre, a multidisciplinary team from the University of Washington and the Fred Hutchinson Cancer Research Center was awarded a five-year, $12 million grant to study Merkel cell cancer on April 16th, 2019.

By therapy, the Merkel cell carcinoma disease treatment market is segmented into chemotherapy, radiation therapy, combination therapies, surgical excision, immunotherapy, and others. Etoposide, cisplatin, carboplatin, and topotecan are the different types of chemotherapy. Because of growing research and reimbursement, the chemotherapy segment is expected to dominate the market in the projected period. Pembrolizumab and avelumab are two types of immunotherapy drugs. Due to the approval of immune checkpoint inhibitors, immunotherapy is likely to increase at a high rate over the forecast period.

By test type, the Merkel cell carcinoma disease treatment market is segmented into computerized axial tomography scan, positron emission tomography scan, biopsy test, immunohistochemistry test, and others. PET scans are effective and can be used to assess the presence of illness or other disorders in organs and/or tissues.

By end-users, the Merkel cell carcinoma disease treatment market is segmented into hospitals, home care, surgical centers, specialty clinics, and others. Preference for hospitals is expected to fuel segment growth due to the availability of innovative technology and a large number of facilities available on a single site.

By geography, the Merkel cell carcinoma disease treatment market is segmented into five regions North America, Europe, South America, the Middle East, Africa, and the Asia Pacific regions. Because of the rising cases of skin cancer and favorable government regulations as well as modern healthcare facilities, North America will hold the largest market share for Merkel cell carcinoma therapy in the projected period, followed by Europe. Because of increased government programs and a rapidly aging population, Asia-Pacific has emerged as the fastest-growing regional category in terms of revenue. Furthermore, the APAC region's China and Australia are seeing rising Merkel cell carcinoma incidences, which might boost the market due to the requirement for illness treatment in these countries.

Covid-19 Insights

Due to COVID-19 pandemic lockdown measures were placed, preventing patient movement and likely identification and overburdening healthcare systems. Smaller practices have closed completely, while larger firms are currently catering to emergencies. This, in turn, will have a major impact on Merkel cell carcinoma market. The COVID 19 epidemic would lead to an extremely slow turnaround time for patients undergoing selected procedures.

Merkel Cell Carcinoma Disease Treatment Market Scope:

Report Metric Details
 Market size value in 2019  US$2.999 billion
 Market size value in 2026  US$3.782 billion
 Growth Rate  CAGR of 3.37% from 2019 to 2026
 Base year  2019
 Forecast period  2021–2026
 Forecast Unit (Value)  USD Billion
 Segments covered  Therapy, Test Type, End-Users, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Merck KGaA, Darmstadt, Germany, Pfizer Inc., Takeda Onology (Millennium Pharmaceuticals Inc.), Ono Pharmaceutical Co. Ltd, Bristol-Myers Squibb Company, OncoSec Medical Incorporated, McKesson Corporation, Amgen Inc, Immunity Bio (NantKwest)
 Customization scope  Free report customization with purchase

 

Key Market Segments

  • By Therapy
    • Chemotherapy
    • Immunotherapy
    • Surgical Excision
    • Radiation Therapy
    • Combination Therapy
    • Others
  • By Test Type
    • Computerized axial tomography scan
    • Positron emission tomography scan
    • Biopsy test
    • Immunohistochemistry test
    • Others
  • By End-Users
    • Hospitals
    • Homecare
    • Specialty Clinics and Surgical Centers
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the Merkel cell carcinoma disease treatment market size by 2026?
A1. The Merkel cell carcinoma disease treatment market is projected to reach a market size of US$3.782 billion by 2026.


Q2. What is the size of the global Merkel cell carcinoma disease treatment market?
A2. Merkel Cell Carcinoma Disease Treatment market was valued at US$2.999 billion in 2019.


Q3. What are the growth prospects for the Merkel cell carcinoma disease treatment market?
A3. The global Merkel cell carcinoma disease treatment market is projected to grow at a CAGR of 3.37% over the forecast period.


Q4. Which region holds the largest market share in the Merkel cell carcinoma disease treatment market?
A4. North America will hold the largest share of the Merkel cell carcinoma disease treatment market due to the rising cases of skin cancer and favorable government regulations as well as modern healthcare facilities.


Q5. What factors are anticipated to drive the Merkel cell carcinoma disease treatment market growth?
A5. One of the key reasons driving the Merkel cell carcinoma disease treatment market is the rising number of cases of Merkel cell carcinoma around the world.

1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation


2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions


3. EXECUTIVE SUMMARY
3.1. Research Highlights


4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis


5. MERKEL CELL CARCINOMA DISEASE TREATMENT MARKET, BY THERAPY 
5.1. Introduction
5.2. Chemotherapy
5.3. Immunotherapy
5.4. Surgical Excision
5.5. Radiation Therapy
5.6. Combination Therapy
5.7. Others


6. MERKEL CELL CARCINOMA DISEASE TREATMENT MARKET, BY TEST TYPE
6.1. Introduction
6.2. Computerized axial tomography scan
6.3. Positron emission tomography scan
6.4. Biopsy test
6.5. Immunohistochemistry test
6.6. Others


7. MERKEL CELL CARCINOMA DISEASE TREATMENT MARKET, BY END-USERS    
7.1. Introduction
7.2. Hospitals
7.3. Homecare
7.4. Specialty Clinics and Surgical Centers
7.5. Others 


8. MERKEL CELL CARCINOMA DISEASE TREATMENT MARKET, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. United States
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. United Kingdom 
8.4.2. Germany
8.4.3. France
8.4.4. Others
8.5. Middle East and Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. South Africa
8.5.4. Others
8.6. Asia Pacific
8.6.1. China
8.6.2. Japan
8.6.3. India
8.6.4. South Korea
8.6.5. Others


9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrative
9.3. Mergers, Acquisition, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix


10. COMPANY PROFILES 
10.1. Merck KGaA
10.2. Pfizer Inc.
10.3. Takeda Onology (Millennium Pharmaceuticals Inc.)
10.4. Ono Pharmaceutical Co. Ltd
10.5. Bristol-Myers Squibb Company
10.6. OncoSec Medical Incorporated
10.7. McKesson Corporation 
10.8. Amgen Inc.
10.9. Immunity Bio (NantKwest)

Merck KGaA, Darmstadt, Germany

Pfizer Inc.

Takeda Onology (Millennium Pharmaceuticals Inc.)

Ono Pharmaceutical Co. Ltd

Bristol-Myers Squibb Company

OncoSec Medical Incorporated

McKesson Corporation

Amgen Inc,

Immunity Bio (NantKwest)

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