How big is the mesothelioma market?
According to 6Wresearch internal database and industry insights, the
Global Mesothelioma Market was valued at USD 2.2 Billion in 2024 and is expected to reach USD 3.5 Billion by 2031, growing at a compound annual growth rate of 7.80% during the forecast period of 2025 to 2031.
The growth is driven by increasing mesothelioma incidence due to long-latency asbestos exposure, improved diagnostics, and advancements in multimodal treatment approaches such as immunotherapy and targeted therapy.
Key Growth Drivers of the Mesothelioma Market
- Increasing prevalence of mesothelioma due to past industrial asbestos exposure
- Advancements in treatment approaches including immunotherapy, gene therapy, and targeted drugs
- Rising healthcare awareness and early diagnosis through imaging and biomarkers
- Improved survival outcomes due to combination therapies and clinical trials
- Favourable reimbursement scenarios and expanded drug approvals in oncology
Mesothelioma Market Trends
Mesothelioma market is witnessing evolving trends such as the adoption of personalized medicine and companion diagnostics. Checkpoint inhibitors and other immunotherapy drugs are becoming popular due to their survival effects. Research is building up on non-invasive diagnostic techniques, such as liquid biopsies. Use of AI in early diagnosis and surveillance of mesothelioma is also on the increase. New levels of awareness with the encouragement of advocacy groups, as well as legal help, will only enhance patient access to the treatment method.
Emerging Developments in the Mesothelioma Market
The emerging innovations in Mesothelioma market have to do with formulating novel biomarkers to detect and monitor the progression of the disease. Firms are investing in the discovery of mesothelin-based therapies and CAR-T cell therapy. New diagnostic platforms powered by AI are being developed which will assist with the diagnosis of pleural abnormalities by the radiologists. The faster clinical development is being promoted by increasing the number of orphan drugs as well as expedited pathways of the FDA. Academic centres and pharma companies have been creating alliances that are enhancing innovative immuno-oncology and rare cancer remedies.
List of Leading Companies in the Mesothelioma Market
Below is a comprehensive list of the leading market players driving growth in this sector:
1. Bristol Myers Squibb
Company Name | Bristol Myers Squibb |
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Established Year | 1887 |
Headquarters | New York, United States |
Official Website | Click Here |
Bristol Myers Squibb develops and commercializes immunotherapy drugs like nivolumab for mesothelioma, targeting PD-1 pathways to improve patient survival rates.
2. AstraZeneca plc
Company Name | AstraZeneca plc |
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Established Year | 1999 |
Headquarters | Cambridge, United Kingdom |
Official Website | Click Here |
AstraZeneca offers oncology solutions, including tremelimumab, and is actively engaged in clinical trials for mesothelioma immunotherapy combinations aimed at boosting immune system activity against cancer.
3. Eli Lilly and Company
Company Name | Eli Lilly and Company |
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Established Year | 1876 |
Headquarters | Indiana, United States |
Official Website | Click Here |
Eli Lilly advances mesothelioma treatment through anti-angiogenic drug research and supports clinical studies on novel targeted therapies, aiming to improve patient outcomes and identify new biomarkers.
4. Merck & Co., Inc.
Company Name | Merck & Co., Inc. |
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Established Year | 1891 |
Headquarters | New Jersey, United States |
Official Website | Click Here |
Merckâs checkpoint inhibitor pembrolizumab is under active investigation for mesothelioma, with the company aiming to expand its immuno-oncology portfolio to include rare and aggressive cancers.
5. F. Hoffmann-La Roche Ltd.
Company Name | F. Hoffmann-La Roche Ltd. |
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Established Year | 1896 |
Headquarters | Basel, Switzerland |
Official Website | Click Here |
Roche contributes to mesothelioma treatment with advanced diagnostics, targeted drugs, and genomic solutions. Its approach focuses on early detection and personalized treatment strategies.
6. Novocure Limited
Company Name | Novocure Limited |
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Established Year | 2000 |
Headquarters | Jersey, Channel Islands |
Official Website | Click Here |
Novocure develops Tumor Treating Fields (TTF) therapy for malignant pleural mesothelioma, providing a non-invasive treatment option approved under the humanitarian device exemption.
7. Bayer AG
Company Name | Bayer AG |
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Established Year | 1863 |
Headquarters | Leverkusen, Germany |
Official Website | Click Here |
Byer is conducting mesothelioma clinical trials to explore kinase inhibitors and combination regimens aimed at overcoming drug resistance and improving overall prognosis.
8. Pfizer Inc.
Company Name | Pfizer Inc. |
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Established Year | 1849 |
Headquarters | New York, United States |
Official Website | Click Here |
Pfizer collaborates on mesothelioma trials and is expanding its oncology offerings with checkpoint blockade agents and precision oncology therapies tailored to rare cancers.
9. Sanofi S.A.
Company Name | Sanofi S.A. |
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Established Year | 2004 |
Headquarters | Paris, France |
Official Website | Click Here |
Sanofi supports mesothelioma research through immunotherapy and targeted drug development, partnering with biotech firms and academic institutions to accelerate innovation.
10. Aurigene Oncology Ltd.
Company Name | Aurigene Oncology Ltd. |
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Established Year | 2001 |
Headquarters | Bangalore, India |
Official Website | Click Here |
Aurigene focuses on small molecule drug discovery for rare and aggressive cancers, with multiple mesothelioma-targeted candidates under preclinical development.
How big is the Market for Mesothelioma : FAQ's
It was valued at USD 2.2 Billion in 2024 and is expected to reach USD 3.5 Billion by 2031.
The mesothelioma market is projected to grow at a CAGR of 7.80% from 2025 to 2031.
Increased diagnosis rates, improved therapies, and rising support for rare cancer treatment drive growth.
Chemotherapy, surgery, radiation therapy, immunotherapy, and emerging targeted therapies.
North America leads due to advanced healthcare infrastructure and higher mesothelioma awareness.
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