Dental News - Research predicts growth of oral cancer treatment market

Dental Tribune International

Tue. 13. March 2018

save

PUNE, India: According to the World Cancer Research Fund International, cancer of the oral cavity is one of the most common types of cancer worldwide, with thousands of newly diagnosed cases each year. A report recently published by data analyst company Market Research Future stated that the global oral cancer treatment market is expected to grow at an approximate compound annual rate of 7.1 per cent until 2023.

Increasing prevalence of oral cancer, rising per capita healthcare expenditure and growing awareness about oral disease are some of the major drivers during the forecast period. However, the risks of recurrence of cancer, even after treatment, and the related side-effects, as well as the high cost of treatment, are some of the restraints of market growth, according to the report.

The report stated that the Americas will dominate the global oral cancer treatment market owing to a well-developed healthcare sector, rising per capita healthcare expenditure, a high prevalence of oral cancer in America, and developed economies, like the US and Canada. Moreover, the presence of global competitors, such as Bristol-Myers Squibb and Merck, within the regional boundaries will fuel market growth.

Europe is the second-largest market for oral cancer treatment, followed by Asia Pacific. Availability of research funding, a very large patient population, a well-developed healthcare infrastructure and rising healthcare expenditure are expected to drive the market in Europe.

Owing to developing economies, like India and China, Asia Pacific is the fastest-growing region for the market, the report pointed out. This, along with favourable government policies, a very large patient population and a developing health care sector, is expected to boost market growth within the region. Qilu Pharmaceutical, based in Jinan in China, was noted as the main competitor in the global oral cancer treatment market in the region.

The Middle East and Africa region has the least share in the global oral cancer treatment market owing to poor economies and stringent government policies, especially in Africa. The majority of the market in the region is held by the Middle East owing to a well-developed healthcare sector and substantial healthcare expenditure by developed economies, like Saudi Arabia.

In 2017, according to Oral Cancer Foundation data, it was estimated that 49,750 Americans would be diagnosed with oral oropharyngeal cancer that year and 9,750 consequent deaths would result, killing one patient every 24 hours. In 2014, there were 11,449 new cases of oral cancer reported and 2,386 estimated deaths within the same year, as stated by Cancer Research UK. Additionally, in 2015, according to the Centres for Disease Control and Prevention, in the US, the total healthcare expenditure accounted for 17.8 per cent of the total gross domestic product, of US$3.2 trillion.

The report, titled “Oral cancer treatment market research report—Global forecast till 2023”, is available for purchase on Market Research Future’s website.

Tags:

To post a reply please login or register

Leading market research firm predicts massive growth for dental 3D-printing market

NORTHBROOK, Ill., US: By 2028, the value of the dental 3D-printing market is expected to surge to US$6.7 billion, from US$3.0 billion currently—a ...

Lymph node ratio may predict graveness of oral cavity cancer

AURORA, Colo., U.S.: Since oral cavity cancer is often only discovered late in its development, patients with this advanced form of disease have a 5-year ...

New research explores effect of strawberries in oral cancer therapy

COLUMBUS, Ohio, USA: As previous laboratory studies have suggested that dietary administration of whole strawberries has substantial potential as a strategy...

Sunstar supports release of chairside guide on prevention and treatment of oral cancer

BUENOS AIRES, Argentina: Sunstar proudly announces the launch of Oral Cancer: Prevention and Patient Management, an FDI World Dental Federation chairside ...

Artificial intelligence used to predict oral cancer survival chances

COVENTRY, UK: The impact artificial intelligence is having on the healthcare industry is becoming more and more evident on a daily basis. In dentistry, some...

New research investigates effectiveness of light therapy in treatment of oral mucositis

BUFFALO, N.Y., U.S.: University at Buffalo (UB) researchers have received part of a $1.5 million grant to investigate light therapy as a possible ...

Ongoing growth of the global clear aligner market

BURNABY, British Columbia, Canada: The global clear aligner market was valued at approximately US$5.2 billion (€4.8 billion) in 2022 and is expected to ...

Digital dentistry market: 3D printers and intra-oral scanners drive market growth in Europe

The European digital dentistry market, which includes CAD/CAM systems, CAD/CAM materials and dental 3D printers, is projected to experience double-digit ...

Research into HPV-related neck cancer may help personalize treatment

WINSTON-SALEM, N.C., U.S.: Within the health sector, dentistry has been leading the way when it comes to personalizing treatment. In a recent study that has...

Trends in and growth drivers of the dental market in the Middle East

BURNABY, Canada: Poor oral health has been contributing to a global silent epidemic that countries have been striving to combat for decades. Based on data ...

Education

Live webinar
Mon. 15 September 2025
1:00 pm EST (New York)