MET Inhibitors for Lung Cancer Market size was valued at USD 1.5 Billion in 2024 and is forecasted to grow at a CAGR of 9.2% from 2026 to 2033, reaching USD 3.2 Billion by 2033.
In 2022, the global MET inhibitors for lung cancer market was valued at USD 2.5 billion and is projected to reach USD 4.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2030. North America held the largest market share, accounting for 40%, followed by Europe at 30%. The Asia Pacific region contributed 20%, while Latin America and the Middle East & Africa each accounted for 5%. The dominance of North America is attributed to the increasing incidence of lung cancer cases, product launches, and government initiatives. The Asia Pacific region is anticipated to register the fastest growth rate during the forecast period, driven by the increasing prevalence of lung cancer and tobacco smoking. In 2022, the estimated number of lung cancer cases in Asia was 103,371. The mortality rates of lung cancer in East Asia are 34.4 and 28.1 per 100,000. Additionally, new and innovative treatments for lung cancer are being developed and approved, offering patients more options and better outcomes.
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Pfizer
Novartis
Eli Lilly and Company
Merck KGaA
AstraZeneca
Takeda Pharmaceutical
Daiichi Sankyo
Kyowa Kirin
HUTCHMED
Beyotime Biotechnology
Haihe Biopharma
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global MET Inhibitors for Lung Cancer Market
Small Molecule Inhibitors
Monoclonal Antibodies
Non-Small Cell Lung Cancer (NSCLC)
Small Cell Lung Cancer (SCLC)
Selective MET Inhibitors
Multi-targeted Inhibitors
Oral Administration
Intravenous Administration
Hospitals
Oncology Clinics
Research Institutions
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global MET Inhibitors for Lung Cancer Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global MET Inhibitors for Lung Cancer Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global MET Inhibitors for Lung Cancer Market, By Type
6. Global MET Inhibitors for Lung Cancer Market, By Application
7. Global MET Inhibitors for Lung Cancer Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global MET Inhibitors for Lung Cancer Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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