Top Growth Driver In The Uveal Neoplasms Market 2025: Rising Incidence Of Eye Cancer And Its Impact On The Market

The Business Research Company’s Uveal Neoplasms Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034

LONDON, GREATER LONDON, UNITED KINGDOM, March 28, 2025 /EINPresswire.com/ -- How has the Uveal Neoplasms Market performed recently and what growth can we look towards in the future?
The uveal neoplasms market size has grown robustly over the past years. The market is predicted to grow from $1.08 billion in 2024 to $1.15 billion in 2025, exhibiting a compound annual growth rate CAGR of 6.3%. This growth during the period of review can be traced to the escalating prevalence of uveal neoplasms, amplified funding for personalized treatments, an upsurge in the elderly population, expanding awareness and early detection, as well as increasing cases of genetic disorders.

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What are the significant growth prospects for the Uveal Neoplasms Market in the coming years?
The uveal neoplasms market size is slated to see steady growth in the forthcoming period. The market is projected to swell to $1.45 billion in 2029 at a compound yearly growth rate CAGR of 6.0%. The growth in the forecast timeframe can be traced to escalating R&D operations, a rising number of clinical trials, augmenting government funding for worldwide disease eradication, growing episodes of eye cancer, and mounting healthcare expenses. Considerable trends in the forecast period comprise advancements in immunotherapy, emergence of targeted therapies, an increased focus on early diagnosis, growing clinical trials, and innovations in therapies.

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Which factors are accelerating the growth of the Uveal Neoplasms Market?
The surging incidence of eye cancer is projected to impel the growth of the uveal neoplasms market forward. Eye cancer refers to the proliferation of abnormal cells in the eye, which can materialize in various parts of the eye, such as the retina, iris, or optic nerve. The rising incidence of eye cancer may be attributed to aspects such as augmented detection, environmental exposures, and aging populations. Uveal neoplasms, particularly uveal melanoma, are a rare kind of eye cancer that can metastasize to other organs, notably the liver, posing significant health threats. As per Cancer Research UK, a UK-based cancer research organization, eye cancer incidence rates are projected to rise by 50% in the UK between 2023-2025 and 2038-2040, to 3 cases per 100,000 people on average each year by 2038. As a result, the increasing incidence of eye cancer is driving the growth of the uveal neoplasms market.

Who are the major players in the Uveal Neoplasms Market?
The significant corporations operating in the uveal neoplasms market include Pfizer Inc., F. Hoffmann-La Roche Ltd, Merck & Co. Inc., IDEAYA Biosciences Inc., Bristol-Myers Squibb Company, AstraZeneca plc, Novartis AG, Eli Lilly and Company, Amgen Inc., Regeneron Pharmaceuticals Inc., Verastem Oncology Inc., Iovance Biotherapeutics Inc., Immunocore Holdings PLC, Aura Biosciences, Foghorn Therapeutics Inc., Syncona Limited, iOnctura SA, Linnaeus Therapeutics, Inc., Delcath Systems Inc, and Bellicum Pharmaceuticals Inc.

How are Uveal Neoplasms Market participants revolutionizing the industry?
Key corporations functioning in the uveal neoplasms market are concentrating on crafting innovative therapies like T cell receptor TCR therapeutics to enhance treatment efficacy and provide more targeted options for patients. For instance, in January 2022, Immunocore, a UK-based biotechnology firm, obtained US Food and Drug Administration FDA approval for KIMMTRAK tebentafusp-tebn, the first-ever TCR-based therapy approved for the treatment of unresectable or metastatic uveal melanoma, marking a significant milestone in the treatment of this rare and aggressive cancer.

How Is The Uveal Neoplasms Market Segmented?
The uveal neoplasms market covered in this report is segmented as follows:
1 By Treatment Type: Drugs, Therapy
2 By Route Of Administration: Oral, Injectable, Other Route Administration
3 By Distribution Channel: Hospitals Pharmacies, Online Pharmacies, Retail Pharmacies

Subsegments:
1 By Drugs: Chemotherapeutic Agents, Targeted Therapy Drugs, Immunotherapy Drugs
2 By Therapy: Radiation Therapy, Laser Therapy, Photodynamic Therapy

Which region leads the Uveal Neoplasms Market?
North America took a dominant position in the uveal neoplasms market in 2024. Regions addressed in this report encompass Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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