Advancements in Immunohistochemistry and Molecular Diagnostics to Help Global Solitary Fibrous Tumor Treatment Market Attain Valuation of US$ 59.3 Mn by 2031, notes TMR Study

Advancements in Immunohistochemistry and Molecular Diagnostics to Help Global Solitary Fibrous Tumor Treatment Market Attain Valuation of US$ 59.3 Mn by 2031, notes TMR Study

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ALBANY, N.Y., Dec. 23, 2021

- Immunohistochemistry is among the most compelling, cost-effective and specific methods for the diagnosis of SFT.

- In 2020, North America held the largest share of the global solitary fibrous tumor treatment market, owing to increasing understanding and demand for disease risk assessment services for treatment of cancer

ALBANY, N.Y., Dec. 23, 2021 /PRNewswire/ -- The global solitary fibrous tumor treatment market is expected to reach US$ 59.3 Mn by 2031, expanding at a CAGR of 4.5% during the forecast period (2021 to 2031). At present, there is no clear guideline for the management of solitary fibrous tumors of the pleura (SFTP), and the evidence base for treatment is inadequate leading to wide disparities in care. Nevertheless, stakeholders are stepping up their research and development efforts to expand the treatment options for solitary fibrous tumors (SFT).

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Moreover, continuous research and developments over the past few years have resulted in increasingly accurate approaches for distinguishing this specific soft tissue tumor. CD34 has been found as the most consistent marker in solitary fibrous tumors, owing to advancements in immunohistochemistry and molecular diagnostics. Solitary fibrous tumors can now be diagnosed more precisely due to the identification of the NAB2-STAT6 fusion gene. This new development in diagnostic techniques is likely to generate sale opportunities in the global solitary fibrous tumor treatment market.

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Due to the growing demand for surgery, the treatment type is expected to account for a significant share of the global market in 2031. Surgery has been the main treatment type for solitary fibrous tumor, which is likely to drive revenue generation opportunities in the global solitary fibrous tumor treatment market.

In addition, owing to the increase in patient demand for different types of treatments under one roof, the hospital end-user segment is expected to rise at a high growth rate during the forecast period.

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Key Findings of Market Report

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Global Solitary Fibrous Tumor Treatment Market: Growth Drivers

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Global Solitary Fibrous Tumor Treatment Market: Key Competitors

Some of the key market players are

Global Solitary Fibrous Tumor Treatment Market: Segmentation

Treatment

End-User

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