Glioblastoma Multiforme (GBM) Treatment Market Share, Size, Trends, Industry Analysis Report, By Treatment (Surgery, Radiation therapy, Chemotherapy, Targeted Therapy, Tumor Treating Field (TTF) Therapy, and Immunotherapy), By Drug Class (Temozolomide, Be

Glioblastoma Multiforme (GBM) Treatment Market Share, Size, Trends, Industry Analysis Report, By Treatment (Surgery, Radiation therapy, Chemotherapy, Targeted Therapy, Tumor Treating Field (TTF) Therapy, and Immunotherapy), By Drug Class (Temozolomide, Bevacizumab, Lomustine, Carmustine Wafers, and Others), By End-Use, By Region; Segment Forecast, 2022 - 2030

The global glioblastoma multiforme (GBM) treatment market size is expected to reach USD 4.82 billion by 2030 according to a new study by Polaris Market Research. The report “Glioblastoma Multiforme (GBM) Treatment Market Share, Size, Trends, Industry Analysis Report, By Treatment (Surgery, Radiation therapy, Chemotherapy, Targeted Therapy, Tumor Treating Field (TTF) Therapy, and Immunotherapy), By Drug Class (Temozolomide, Bevacizumab, Lomustine, Carmustine Wafers, and Others), By End-Use, By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growing cases of brain tumors globally, along with glioblastoma multiforme, are the chief impelling factor that caters the market growth. Besides, the rising number of R&D activities for the effective surgery alternative, growing geriatric population, the introduction of updated techniques for diagnosis, and rapid advancements for drug delivery technologies may further act as a catalyzing factor for the global industry demand in the foreseen period.

Based on the drug class, the other segment is the dominating segment and is projected to lead the industry in the forthcoming years. It includes drugs such as corticosteroids, everolimus, and 5-aminolevulinic acid (5-ALA). These drugs are mainly prescribed to decrease the peritumoral vasogenic edema for symptomatic benefits, for lack of mineralocorticoid activity. Whereas the bevacizumab segment is expected to rise at the highest CAGR in the foreseen years. It is a targeted approved therapy for curing frequent and recent diagnosed GBM. Thereby, the continuation in a medical study for using bevacizumab with other therapies is likely to augment the adoption of the drug for the management of GBM.