Head and Neck Cancer Treatment Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type of Therapy (Chemotherapy, Immunotherapy, Targeted therapy), By Route of Administration (Oral, Radiation, Injectable), By Distribution Channel( Hospital Pharmacy, Online Pharmacy, Drug Store & Retail Pharmacy) and Region

Head And Neck Cancer Treatment Market size was valued at US$ 2,481.6 million in 2023 and is expected to grow at 9.3% CAGR from 2024-2030. Head and Neck Cancer refers to several types of cancers that affect the head and neck areas of the body. These cancers account for approximately 3–5% of all cancers in the US and are common in men and people over the age of 50. These cancers are easily preventable and can be treated if diagnosed early. The most common causes of Head and Neck Cancer are tobacco and alcohol use, and nowadays, Human papillomavirus (HPV) has also emerged as an important risk factor. Head and Neck Cancer usually begins in the squamous cells often referred to as squamous cell carcinomas of the head and neck, for example, those inside the mouth, throat, and voice box. They can also begin in the salivary glands, sinuses, muscles, or nerves, but they are less common than squamous cell carcinoma. Head and Neck Cancer is common in several regions of cancer in the world. The annual incidence of head and neck cancers worldwide is more than 550,000 cases each year.

According to the Global Cancer Observatory (GLOBOCAN), the incidence of Head and Neck Cancer continues to rise and is anticipated to increase by 30% by 2029. A Rise in the number of risk factors such as the growth of cigarette smokers and alcohol & tobacco consumption is further anticipated to fuel the growth of the global head & neck cancer drugs market. Other factors such as the aging population, large oncology research funding, unmet medical requirements, increased market competition, better regulatory framework, aging population, and increasing government aid are all contributing to the global head and neck cancer market's growth. Despite these factors, there are still concerns about the head and neck cancer industry. The high cost of therapy, the negative effects of current treatment options, the absence of healthcare coverage, and the bad healthcare system in low- and middle-income countries may hinder the market growth.

Head and Neck Cancer Treatment Market Key Developments

• The Head and Neck Cancer Alliance (HNCA) and PDS Biotechnology Corporation formed a partnership in May 2021. This collaboration aims to increase awareness of new and developing treatment options for people who have been diagnosed with HPV-related head and neck cancer, including clinical studies that are currently being conducted.
• Tipifarnib (Kura Oncology) was designated as a Breakthrough Therapy by the Food and Drug Administration (FDA) in February 2021 for the treatment of patients with recurrent or metastatic HRAS mutant head and neck squamous cell carcinoma who have a variant allele frequency greater than or equal to 20% after platinum-based chemotherapy