The Latest research study released by Absolute Markets Insights Lumakras Drug Market with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth.Global Lumakras Drug Market is estimated to register a CAGR of XX% over the forecast period (2022 – 2030). Some of the Major Companies covered in this Research are: Amgen Inc., Boehringer Ingelheim, Eli Lilly and Company, Mirati Therapeutics Inc., Moderna Inc., Oblique Therapeutics AB, Revolution Medicines Inc., Silenseed LTD, Other Market Participants
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Global Lumakras Drug Market:
By Therapy Type
By Disease Indication
Locally Advanced Non-Small Cell Lung Cancer (NSCLC)
Metastatic Non-Small Cell Lung Cancer (NSCLC)
Rest of North America
Rest of Europe
Rest of Southeast Asia
Rest of Asia Pacific
Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
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Lumakras is a drug that is used to treat adults with non-small cell lung cancer (NSCLC) that has spread and has a mutation (change) in the KRAS gene. It's given to patients who have already had at least one other systemic treatment. According to the American Cancer Society, most lung cancer data include both small cell lung cancer (SCLC) and non-small cell lung cancer (NSCLC). SCLC accounts for about 13% of all lung cancers, while NSCLC accounts for 84%. Furthermore, the American Society of Clinical Oncology projected that 2.3 million people would be diagnosed with lung cancer worldwide in 2021. In the United States, an estimated 235,760 adults (119,100 men and 116,660 women) were diagnosed with the disease in the same year. Lung cancer is one of the most common cancer and the leading cause of cancer death. This disease is expected to cause deaths of 131,880 people (69,410 men and 62,470 women) in the United States in 2021.
Increasing pipeline medicines related to the lumakras drug is one of the significant factors expected to drive the growth of lumakras drug market over the forecast period. Rising incidence of various cancers, as well as growing popularity of advanced therapies, are fuelling the market growth. Major players are also contributing to market growth through developments. For instance, Mirati Therapeutics, Inc., a clinical-stage targeted oncology corporation, announced positive topline results from the potentially registration-allowing cohort of Phase 2 KRYSTAL-1 study, evaluating adagrasib in patients with advanced non-small-cell lung cancer (NSCLC) harboring the KRASG12C mutation consistent with previous systemic therapy, in September 2021. The company intends to publish detailed data from the KRYSTAL-1 study's continuing Phase 2 registration-enabling cohort in previously treated patients with KRASG12C-mutated NSCLC at a medical congress in early 2022.
SARS-CoV-2 (COVID-19) is one of the most serious public health emergencies the civilization has ever seen, with more than 770,000 deaths and immeasurable economic costs. COVID-19 was declared a global pandemic by the World Health Organization on March 12, 2020, as the epidemic condition worsened. In the first half of 2020, the impact of the COVID-19 pandemic on cancer care has led to decreases and delays in detecting new cancers and providing treatment. However, now that the covid-19 illnesses is being handled effectively by economies, key players and the government are focusing more proactively on other diseases, including cancer. The enhanced promise of innovation in cancer therapy showcases potential opportunities for lumakras drug market participants in the healthcare industry to develop in the near future.
Lumakras Drug Market Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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