The global melanoma treatment market size was valued at USD 3. 24 billion in 2020 and expected to reach USD 7.19 billion by 2027, with a CAGR of 15.92% during the forecast period 2021-2027. Melanoma is the more serious type of cancer which develops in cells of skin called melanocytes that produce melanin. Melanoma not only affects skin but it also affects eyes and rarely, affects internal organs such as the intestine. The exact cause of melanoma is not clearly known, but the exposure of skin to UV radiation or tanning lumps and beds increases risk of developing melanoma. Upsurge in the global melanoma prevalence rates and pipeline drugs for the treatment of melanoma projected to boost the global melanoma treatment market at significant rates over the forecast period. According to World Health Organization (WHO), there is continuous increase in global prevalence of melanoma worldwide and estimated to be 132,000 melanoma skin cancers occurs every year. Companies in marketplace are focused on development of the new drug treatments and identification of different noel targets for the treatment of melanoma. For instance, binimetinib is being developed by Array BioPharma under phase 3 clinical trials for various types of cancers including melanoma. Furthermore, companies also focus on collaborations and acquisitions to develop the new drug treatments and expanding their portfolio in melanoma treatment market.