KRAS Inhibitors Market Report: Trends, Forecast and Competitive Analysis to 2030

KRAS Inhibitors Trends and Forecast

The future of the global KRAS inhibitors market looks promising with opportunities in the clinic laboratory, cancer diagnostic center, hospital, cancer research institute, and academic institution markets. The global KRAS inhibitors market is expected to grow with a CAGR of 32.5% from 2024 to 2030. The major drivers for this market are increasing prevalence of KRAS mutations in various types of cancer, surge in number of ongoing clinical trials, and growing investments in precision medicine and personalized cancer treatment.

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KRAS Inhibitors by Segment

The study includes a forecast for the global KRAS inhibitors by cancer type, end use, and region.

KRAS Inhibitors Market by Cancer Type [Shipment Analysis by Value from 2018 to 2030]:

• Lung Cancer
• Pancreatic Cancer
• Colorectal Cancer
• Others

KRAS Inhibitors Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Clinic Laboratories
• Cancer Diagnostic Centers
• Hospitals
• Cancer Research Institutes
• Academic Institutions
• Others

KRAS Inhibitors Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of KRAS Inhibitors Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies KRAS inhibitors companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the KRAS inhibitors companies profiled in this report include-

• Amgen
• Boehringer Ingelheim
• Bridgebio Pharma
• Erasca
• Innovent Biologics
• Incyte
• Mirati Therapeutics
• Novartis
• Jemincare
• Cardiff Oncology

KRAS Inhibitors Market Insights

Lucintel forecasts that lung cancer is expected to witness highest growth over the forecast period due to surge in prevalence of KRW mutations in lung cancer patients and increasing focus towards research for lung cancer treatments.

Within this market, cancer research institutes will remain the largest segment due to the rising number of clinical research along with growing partnerships among research institutes and biotech companies.

North America will remain the largest region over the forecast period due to the high prevalence of cancer and presence of major players in the region.

Features of the Global KRAS Inhibitors Market

Market Size Estimates: KRAS inhibitors market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: KRAS inhibitors market size by cancer type, end use, and region in terms of value ($B).

Regional Analysis: KRAS inhibitors market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different cancer types, end uses, and regions for the KRAS inhibitors market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the KRAS inhibitors market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for KRAS inhibitors market?

Answer: The global KRAS inhibitors market is expected to grow with a CAGR of 32.5% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the KRAS inhibitors market?

Answer: The major drivers for this market are increasing prevalence of KRAS mutations in various types of cancer, surge in number of ongoing clinical trials, and growing investments in precision medicine and personalized cancer treatment.

Q3. What are the major segments for KRAS inhibitors market?

Answer: The future of the global KRAS inhibitors market looks promising with opportunities in the clinic laboratory, cancer diagnostic center, hospital, cancer research institute, and academic institution markets.

Q4. Who are the key KRAS inhibitors market companies?

Answer: Some of the key KRAS inhibitors companies are as follows:

• Amgen
• Boehringer Ingelheim
• Bridgebio Pharma
• Erasca
• Innovent Biologics
• Incyte
• Mirati Therapeutics
• Novartis
• Jemincare
• Cardiff Oncology

Q5. Which KRAS inhibitors market segment will be the largest in future?

Answer: Lucintel forecasts that lung cancer is expected to witness highest growth over the forecast period due to surge in prevalence of KRW mutations in lung cancer patients and increasing focus towards research for lung cancer treatments.

Q6. In KRAS inhibitors market, which region is expected to be the largest in next 5 years?

Answer:North America will remain the largest region over the forecast period due to the high prevalence of cancer and presence of major players in the region.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the KRAS inhibitors market by cancer type (lung cancer, pancreatic cancer, colorectal cancer, and others), end use (clinic laboratories, cancer diagnostic centers, hospitals, cancer research institutes, academic institutions, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?