- In July 2024, Novartis AG initiated Phase 2 of a multicenter open-label study to assess the safety and dosimetry of Lutathera in adolescents aged 12-18 with somatostatin receptor-positive gastroenteropancreatic neuroendocrine tumors (GEP-NETs), pheochromocytoma, and paragangliomas (PPGL). The study aims to explore Lutathera’s potential in treating these rare and challenging conditions in younger patients
- In January 2023, The American Cancer Society reported a rise in cancer cases to 1,958,310, marking a 3.16% increase from 1,898,160 cases in 2021. This surge in cancer incidence is expected to drive the growth of specialized markets, including the pheochromocytoma market, as the need for effective treatments for these rare tumors continues to expand
- In November 2022, Merck announced promising results from clinical trials of Pembrolizumab, an investigational immunotherapy for pheochromocytoma and paraganglioma. The therapy represents a shift toward targeted treatments for these rare adrenal gland tumors, offering new hope for patients facing limited treatment options. Pembrolizumab’s success signals potential advances in treating hard-to-target conditions such as these
- In August 2022, Novartis AG launched Phase 2 of a multicenter open-label study to evaluate the safety and dosimetry of Lutathera in adolescents aged 12 to 18 with somatostatin receptor-positive gastroenteropancreatic neuroendocrine tumors (GEP-NETs), pheochromocytoma, and paragangliomas (PPGL). The study includes a cohort specifically designed for adolescents with PPGL, aiming to advance treatment options for this rare condition
- In August 2021, The FDA approved Progenics Pharmaceuticals’ Iobenguane I-131 (Azedra) for treating adults and adolescents (12 and up) with inoperable pheochromocytoma or paraganglioma, particularly those with metastatic cases. Azedra, a radiopharmaceutical therapy, is the first FDA-approved treatment specifically for these rare tumors, providing a crucial new therapeutic option for patients with limited alternatives
- In May 2021, Curium Pharma, a France-based nuclear medicine company, acquired IASON GmbH, an Austria-based radiopharmaceutical company specializing in positron emission tomography (PET) tracers for diagnosing pheochromocytoma. The acquisition strengthens Curium's presence in Europe and enhances its ability to offer critical diagnostic solutions, ultimately benefiting the diagnosis and management of rare tumors such as pheochromocytoma
Frequently Asked Questions
The market is segmented based on Segmentation, By Diagnosis (Laboratory Tests, Imaging Tests, and Genetic Testing), Treatment (Medication, Surgery, Radionuclide Treatment, and Others), End Users (Hospitals, Clinics, Research and Academic Institutes, and Others) – Industry Trends and Forecast to 2032
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The Global Pheochromocytoma Market size was valued at USD 2.71 USD Billion in 2024.
The Global Pheochromocytoma Market is projected to grow at a CAGR of 3.45% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.