Market Trends of Kidney Cancer Therapeutics and Diagnostics Industry
This section covers the major market trends shaping the Kidney Cancer Therapeutics & Diagnostics Market according to our research experts:
Clear Cell RCC is Expected Witness a Growth in the Kidney Cancer Therapeutics and Diagnostics Market Over the Forecast Period
Clear cell renal cell carcinoma, or ccRCC, is a type of kidney cancer also called conventional renal cell carcinoma. Clear-cell renal cell carcinoma is named after how the tumor looks under the microscope. The cells in the tumor look clear, like bubbles. Clear-cell renal cell carcinoma is more common in adults than in children. Renal cell carcinoma makes up 2% to 6% of childhood and young adult kidney cancer cases. Patients with ccRCC may have pain or feel tired. Sometimes, patients do not have any noticeable symptoms. Symptoms can include blood in the urine, pain, weight loss, feeling tired, fever, and a lump on the side.
According to the study published in the Karger Journal in April 2022, high BIRC5 expression is a key indicator of ccRCC prognosis, making BIRC5 an excellent biomarker for predicting patient prognosis in ccRCC. BIRC5 is a promising biomarker for the early detection of ccRCC. Thus, the adoption of various techniques in the diagnosis of ccRCC cancer is expected to boost the market segment, as the availability of such techniques may help in the early diagnosis of ccRCC cancer.
In addition, growing research and development activity to identify the potential treatment option for ccRCC cancer is expected to boost segment growth. For instance, in August 2021, in a study from the University of Pennsylvania's Perelman School of Medicine, the researchers discovered that the health of these specific cancer cells and tumors is dependent on cholesterol and this receptor, while also demonstrating that medication that precisely targets the receptor could make the cancer cells unable to survive and propagate. The study also revealed that lowering cholesterol through the diet may help to slow the formation of ccRCC tumors. According to the researchers, future trials are likely to look into specific medicines and diets that can be utilized clinically to treat ccRCC.
Likewise, in November 2022, the U.S. FDA granted Fast Track Designation to Aravive, Inc.'s lead program, batiraxcept, for the treatment of patients with advanced or metastatic clear cell renal cell carcinoma (ccRCC) who have progressed after 1 or 2 prior lines of systemic therapy, including both immuno-oncology (IO)-based and vascular endothelial growth factor (VEGF)-based therapies.
Thus, the clear-cell renal cell carcinoma segment is predicted to grow throughout the forecast period due to the rise in renal disorders and the increase in research and development activities relating to kidney disease.
North America is Anticipated to Witness a Growth in the Kidney Cancer Therapeutics and Diagnostics Market Over the Forecast Period
North America is anticipated to hold a significant share of the kidney cancer therapeutics and diagnostics market over the forecast period owing to major factors such as the increasing number of kidney cancer cases and product launches by the key market players. Other factors, such as increased R&D expenditures by pharmaceutical companies and increasing incidences of an aging population, are expected to contribute to the growth of the market in the forecast period.
According to the ACS 2022 update, approximately 79,000 new cases of kidney cancer are likely to be diagnosed in the United States by the end of 2022. Furthermore, as per the Canadian Cancer Society, it is estimated that by the end of 2022, 8,100 Canadians are likely to be diagnosed with kidney and renal pelvis cancer. Out of which, 5,400 men and 2,700 women are anticipated to be diagnosed with kidney and renal pelvis cancer in 2022. Additionally, according to the study published in the National Library of Medicine in May 2022, every year, around 64,000 kidney cancer cases are reported in the United States. The incidence is highest between the ages of 60 and 80. Thus, the growing prevalence of kidney cancer in the United States is expected to increase the demand for diagnosis and treatment, thereby boosting the market growth.
Furthermore, growing product launches by the key market players are anticipated to boost the market's growth. For instance, in November 2021, Merck received FDA approval for Pembrolizumab for the adjuvant treatment of patients with renal cell carcinoma (RCC) who are at intermediate-high or high risk of recurrence following nephrectomy or nephrectomy and resection of metastatic lesions.
As a result of the rise in renal diseases and the increase in kidney disease-related research & development activities, North America is anticipated to witness growth in the kidney cancer therapeutics and diagnostics market over the forecast period.
