Melanoma treatment market forecast to grow to $5.64 billion by 2023
The global treatment market for melanoma will expand more than fourfold in value from $1.34 billion in 2013 to reach an estimated $5.64 billion by 2023, representing a robust compound annual growth rate (CAGR) of 15.5%.
According to research and consulting firm GlobalData’s latest report, this impressive growth, which will occur across the eight major markets (8MM) of the USA, France, Germany, Italy, Spain, UK, Japan, and Australia, will be driven primarily by increasing sales of Bristol-Myers Squibb’s (NYSE: BMY) blockbuster immunotherapy Yervoy (ipilimumab).
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