Transarterial Chemoembolization Market

Rising incidence of liver cancer is driving the market growth

Transarterial chemoembolization (TACE) market growth is expected to be fueled by the rising incidence of liver cancer. HCC is the second leading cause of cancer mortality in men worldwide and the fifth most frequently diagnosed malignancy overall. In Asia and Africa, high-grade cervical cancer is more prevalent. 

Hepatocellular carcinoma is a primary tumour of the liver that most frequently results from cirrhosis and long-term liver issues. The illness is the third-leading  cause of cancer mortality and affects over 500,000 people worldwide. The current gold standard of care for treating people with intermediate-stage hepatocellular carcinoma is transarterial chemoembolization (HCC). TACE is therefore viewed as standard treatment for HCC in the traditional sense.

For the treatment of liver cancer, transarterial chemoembolization is used. The idea behind how it works is to stop the tumor's blood supply. Chemotherapy is given directly into the tumour when a supply has been cut off. Hepatocellular carcinoma patients in the intermediate stage receive intravenous treatment. In the US, conventional transarterial chemoembolization is regarded as the gold standard treatment for HCC. During transarterial chemoembolization, it is also feasible to use microspheres as drug transporters, which may reduce the amount of chemotherapeutics in the patient's systemic circulation.

Over the coming years, it is hoped that new transarterial chemoembolization products (TACE) and combination therapies (DEB-TACE) will transform the way that HCC is treated. The untapped HCC market is projected to grow as new drugs are introduced in both first- and second-line situations. The HCC market will grow after new product introductions in both first- and second-line settings. In order to advance the TACE technology, new biodegradable microspheres have been created and are currently undergoing testing. They are made to keep post-TACE target artery access intact, enabling the possibility of cyclic treatment. 

The development of TACE is likely to continue in a number of directions, including those that are currently "under construction" and aimed at bettering patient selection, developing new tools to standardise treatment, increasing selectivity to administer chemotherapeutic agents more precisely while sparing the non-tumor liver, or combining treatments with recently created immune therapy agents.

Since indications occasionally overlap, new advancements in the field of selective internal radiation treatment (SIRT) will also have an impact on the future of TACE. In this era of systemic treatments with unheard-of outcomes and high tolerance, the findings of recent research will direct the development of TACE. To accommodate various clinical requirements, numerous kinds of micro catheters and micro guidewires are offered. 

As an illustration, the effectiveness and safety of the recently discovered balloon-occluded transarterial chemoembolization (B-TACE) of hepatocellular carcinoma (HCC) utilising miriplatin (a lipophilic anticancer medication) and gelatin particles. • In a similar vein, patients with hepatocellular carcinoma (HCC) experienced superior clinical results following balloon-occluded transcatheter arterial chemoembolization employing a balloon micro-catheter and epirubicin-loaded polyethylene-glycol (PEG) microsphere (100 + 25 m and 200 +50 m). Thus, driving the Transarterial Chemoembolization Market (TACE) market revenue.

The Global Transarterial Chemoembolization Market (TACE) Market Industry is projected to experience substantial growth over the next decade. With a market value expected to reach 20.2 USD Billion by 2035, the industry is set to expand significantly. This growth is driven by various factors, including the rising incidence of liver cancer, technological advancements, and increasing patient awareness. The compound annual growth rate (CAGR) of 4.9% from 2025 to 2035 indicates a robust market trajectory, suggesting that TACE will play an increasingly vital role in cancer treatment strategies globally.

The Global Transarterial Chemoembolization Market (TACE) Market Industry is poised for growth due to the increasing geriatric population, which is more susceptible to liver diseases, including cancer. As the global population ages, the prevalence of comorbidities that contribute to liver cancer is expected to rise. This demographic shift necessitates effective treatment options like TACE, which can be tailored to the needs of older patients. With the market projected to reach 12.0 USD Billion in 2024, addressing the healthcare needs of the aging population will be crucial in driving the adoption of TACE as a preferred treatment option.

The Global Transarterial Chemoembolization Market (TACE) Market Industry is experiencing growth due to the increasing incidence of liver cancer worldwide. According to health statistics, liver cancer cases have been on the rise, particularly in regions with high rates of hepatitis and cirrhosis. This trend necessitates effective treatment options, with TACE emerging as a preferred choice due to its targeted approach. The market is projected to reach 12.0 USD Billion in 2024, reflecting the urgent need for innovative therapies to address this growing health concern. As awareness of liver cancer increases, the demand for TACE is likely to expand significantly.

Government initiatives aimed at improving cancer care are playing a pivotal role in the Global Transarterial Chemoembolization Market (TACE) Market Industry. Various health authorities are allocating funds to enhance cancer treatment infrastructure and promote research into innovative therapies. These initiatives not only facilitate access to TACE but also encourage healthcare providers to adopt this treatment modality. As governments recognize the burden of liver cancer, the support for TACE is likely to increase, further propelling market growth. This supportive environment is essential for fostering advancements in treatment options and ensuring that patients receive timely care.

Technological innovations in the Global Transarterial Chemoembolization Market (TACE) Market Industry are enhancing the efficacy and safety of procedures. The introduction of advanced imaging techniques and catheter technologies allows for more precise delivery of chemotherapeutic agents, minimizing damage to surrounding healthy tissue. These advancements not only improve patient outcomes but also increase the adoption of TACE as a treatment modality. As hospitals and clinics invest in state-of-the-art equipment, the market is expected to grow, with projections indicating a rise to 20.2 USD Billion by 2035. This trend underscores the importance of continuous innovation in driving market expansion.

The Global Transarterial Chemoembolization Market (TACE) Market Industry benefits from the increasing awareness and acceptance of minimally invasive procedures among patients and healthcare providers. Patients are increasingly opting for treatments that offer shorter recovery times and reduced hospital stays. TACE, being a minimally invasive procedure, aligns well with these preferences, leading to higher patient satisfaction and better overall outcomes. This shift in patient attitudes is likely to contribute to a compound annual growth rate (CAGR) of 4.9% from 2025 to 2035, as more individuals seek out TACE as a viable treatment option for liver cancer.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Transarterial Chemoembolization Market (TACE) Market dominated this market in 2022 (45.80%). This is attributable to factors such as steadily rising HCC cases, rising investment, the development of innovative medication delivery technologies, and the existence of significant market participants in the area. 

A number of strategic acquisitions have been made by the majority of the big players in the developed regions, increasing their market share over time. Further, the U.S. Transarterial Chemoembolization Market (TACE) market held the largest market share, and the Canada Transarterial Chemoembolization Market (TACE) market was the fastest growing market in the North America region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2 TRANSARTERIAL CHEMOEMBOLIZATION (TACE) MARKET SHARE BY REGION 2022 (USD Billion)

Source Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe Transarterial Chemoembolization Market (TACE) market accounted for the healthy market share in 2022. One of the major factors driving the expansion of the transcatheter arterial chemoembolization market is the rising cancer prevalence in the area. Better local cancer control, better treatment results, and advanced ultra-selective TACE, which can be used to treat tiny HCCs, are all contributing factors to the expansion of the chemoembolization market in Europe. 

Further, the German Transarterial Chemoembolization Market (TACE) market held the largest market share, and the U.K Transarterial Chemoembolization Market (TACE) market was the fastest growing market in the European region

The Asia Pacific Transarterial Chemoembolization Market (TACE) market is expected to register significant growth from 2023 to 2034. TACE with a lipiodol-chemotherapeutic drug suspension and gelatin sponge (GS) particles are heavily marketed in the Asia Pacific region. The demand for conventional TACE (cTACE) is extremely high here. 

On the other side, TACE treatments that employ drug-eluting beads (a form of DEB called DEBDOX that may bind doxorubicin, or DEB-TACE) are primarily encouraged. Moreover, China’s Transarterial Chemoembolization Market (TACE) market held the largest market share and the Indian Transarterial Chemoembolization Market (TACE) market was the fastest growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Transarterial Chemoembolization Market (TACE) market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. 

To expand and survive in a more competitive and rising market climate, Transarterial Chemoembolization Market (TACE) industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the  Transarterial Chemoembolization Market (TACE) industry to benefit clients and increase the market sector. In recent years, the Transarterial Chemoembolization Market (TACE) industry has offered some of the most significant advantages to medicine. 

Major players in the Transarterial Chemoembolization Market (TACE) market, including Advaxis Inc., Baxter, Bellicum Pharmaceuticals, Boston Scientific Corporation, Cook, Hikma Pharmaceuticals PLC, Isofol Medical AB, Nippon Kayaku Co., Novartis, Pfizer, Sirtex SIR-Spheres Pty Ltd., and Spectrum Pharmaceuticals, are attempting to increase market demand by investing in research and development Products.

A biopharmaceutical firm called Merck & Co Inc (Merck) is dedicated to the discovery, development, production, and marketing of prescription drugs, biologic therapies, vaccines, and animal health products. It provides products on prescription for the treatment of conditions like diabetes, cancer, immunological diseases, cardiovascular disease, and cancer. 

The business offers vaccinations, poultry, cattle, and aquaculture products, among other animal health items. Merck provides managed healthcare services to hospitals, government organisations, wholesalers, retailers, and hospitals. It also provides veterinarians, distributors, and animal producers with animal health products. Operating in the Americas, Europe, the Middle East, Africa, Asia Pacific, and Latin America are the company and its subsidiaries. 

Outside of North America and Canada, Merck is known as MSD, and its main office is in Kenilworth, New Jersey. Update on Safety and Efficacy of Lenvatinib (E7080/MK-7902) With Pembrolizumab (MK-3475) in Combination With Transarterial Chemoembolization Market (TACE) in Participants With Incurable/Non-metastatic Hepatocellular Carcinoma was published in February 2023 by Merck Sharp & Dohme LLC in collaboration with Eisai Inc.

AstraZeneca Plc (AstraZeneca) is a biopharmaceutical firm that focuses on the development, manufacturing, and marketing of a variety of prescription medications. It creates goods for the treatment of ailments like cancer, autoimmune, infectious, neurological, and respiratory, cardiovascular, renal, and metabolic problems. 

Vaccines, prescription medications, and biologics are all part of the company's product line. Through distributors, local representative offices, and wholly-owned local marketing firms, AstraZeneca offers its products. The business sells its goods to general practitioners and specialists in medicine. 

Operating regions for the corporation include Europe, the Americas, Asia, Africa, and Australasia. The U.K.'s Cambridge, in Cambridgeshire, serves as the company's headquarters. An update to Evaluation of Transarterial Chemoembolization Market (TACE) in Combination With Durvalumab and Bevacizumab Therapy in Patients With Locoregional Hepatocellular Carcinoma (EMERALD-1) was published by AstraZeneca in April 2023.