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Advanced Liver Cancer Treatment Drugs Market Trends and Companies

Advanced Liver Cancer Treatment Drugs Market Shaping Global Oncology

The advanced liver cancer treatment drugs market is expanding due to increased adoption of systemic therapies over traditional chemotherapy and growing approvals of immuno-oncology agents. North America led the market due to the presence of a well-developed oncology infrastructure.

Category: Therapeutic Area Insight Code: 6376 Format: PDF / PPT / Excel

The advanced liver cancer treatment drugs market is rapidly advancing on a scale, with expectations of accumulating hundreds of millions in revenue between 2025 and 2034. Market forecasts suggest robust development fueled by increased investments, innovation, and rising demand across various industries.

The growing incidence of liver cancer is increasing the demand for advanced liver cancer treatment drugs globally. This, in turn, is increasing their R&D, clinical trials where AI is also being used for their optimization. Moreover, the growing healthcare investments, expanding healthcare, increasing awareness, and government initiatives are increasing their use across different regions, where new products are also being launched by the companies, promoting the market growth.

Key Takeaways

  • North America held approximately a 40% share in the global advanced liver cancer treatment drugs market in 2024.
  • Asia Pacific is expected to be the fastest-growing region during the forecast period.
  • By drug class/mechanism of action type, the tyrosine kinase inhibitors (TKIs) segment held an approximate 35% share in the market in 2024.
  • By drug class/mechanism of action type, the immune checkpoint inhibitors segment is expected to be the fastest growing during the forecast period.
  • By treatment modality type, the oral targeted therapies segment held approximately a 40% share in the market in 2024.
  • By treatment modality type, the intravenous immunotherapy segment is expected to be the fastest growing during the forecast period.
  • By end user/customer type, the hospitals/oncology clinics segment held an approximate 55% share in the global advanced liver cancer treatment drugs market in 2024.
  • By end user/customer type, the contract research organizations (CROs)/clinical trial sites segment is expected to be the fastest growing during the forecast period.

What are the Advanced Liver Cancer Treatment Drugs?

The advanced liver cancer treatment drugs market is driven by growing innovation in targeted therapy and immunotherapy. The advanced liver cancer treatment drugs encompass the development, manufacturing, and commercialization of pharmacologic therapies used to treat advanced stages of liver cancer, primarily hepatocellular carcinoma (HCC), as well as cholangiocarcinoma and other rare liver malignancies. The market includes targeted therapies (tyrosine kinase inhibitors, multi-kinase inhibitors), immune checkpoint inhibitors (PD-1/PD-L1, CTLA-4), monoclonal antibodies, combination regimens (immunotherapy + targeted therapy), gene therapy candidates, and adjunct supportive therapies.

  • For the U.S., the National Cancer Institute estimates 42,240 new cases and 30,090 deaths for 2025, which represent 2.1% And 4.9% of all new cancer cases and deaths, respectively. A July 2025 study published in The Lancet projected that the global liver cancer cases could rise to over 1.5 million by 2050, from a 2022 estimate of 870,000.

Market Outlook

  • Industry Growth Overview: The increasing incidences of liver cancer and growing advancements in immunotherapies and targeted therapies are responsible for the industrial growth in the advanced liver cancer treatment drugs market. Additionally, the growth in strategic partnerships, a strong pipeline of new and effective combination therapies, and increasing healthcare expenditure are also contributing to this growth.
  • Sustainability Trends: The sustainability trend of the market focuses on reducing the environmental impact with the use of greener manufacturing processes and minimizing supply chain waste. This is driving green chemistry, increasing the use of recyclable packaging materials, and reducing the use of harmful chemicals.
  • Major Investors: The large pharmaceutical companies investing in research and development, and strategic acquisitions, are the major investors in the advanced liver cancer treatment drugs market. Companies like AstraZeneca, Merck, Bristol Myers Squibb, and Roche are actively participating in the market investments, along with some other venture capital firms like OrbiMed and Sequoia Capital.
  • Startup Ecosystem: There is a growth in the startup ecosystems, are they are developing targeted radioembolization, nanomedicines, and cell-based therapies, and are utilizing AI to advance in personalized medicine and genetics. CARsgen, Eureka Therapeutics, Lion TCR, and Benhealth Biopharmaceutical are some of the startups contributing to the market growth.

How Do AI Technological Shifts Impact the Market?

The integration of AI in the oncology sector is driving the advanced liver cancer treatment drugs market as it helps in improving the efficacy and accuracy of the treatment and diagnostic approaches. With its use, the liver cancer drugs can be optimized, and personalized medications can also be developed with improved effectiveness. Real-time and accurate information provided by AI also helps in the development and screening of the most suitable drug candidate, which in turn increases their use, improving the patient outcomes.

In October 2025, C2S-Scale 27B, which is a new artificial intelligence model, was developed by a collaboration between Google and Yale University. This model helps in predicting new drug candidates for cancer treatment by understanding the "language" of individual cells.

Segmental Insights

Which Drug Class/Mechanism of Action Type Segment Held the Dominating Share of the Market in 2024?

By drug class/mechanism of action type, the tyrosine kinase inhibitors (TKIs) segment held the dominating share of approximately 35% in the advanced liver cancer treatment drugs market in 2024, due to first-line therapy adoption. Moreover, their widespread guideline recommendations increased their use in targeting multiple liver cancer pathways. They were also used in combination with other drugs, which also contributed to their increased use.

By drug class/mechanism of action type, the immune checkpoint inhibitors segment is expected to show the fastest growth rate during the upcoming years. Due to their superior survival benefits, their use is increasing. Moreover, their enhanced efficacy, growing approvals, and improved safety profile are increasing their acceptance rates.

Why Did the Oral Targeted Therapies Segment Dominate in the Market in 2024?

By treatment modality type, the oral targeted therapies segment led the advanced liver cancer treatment drugs market with approximately 40% share in 2024, as they enhanced the convenience, promoting patient comfort. At the same time, they were preferred as first-line treatment options due to their established efficacy. Moreover, their wide range of availability and multi-target action also increased their use. 

By treatment modality type, the intravenous immunotherapy segment is expected to show the highest growth during the upcoming years. Due to their long-lasting action and activation of the patient's immune system against cancer, their use is increasing as a first treatment option.  Additionally, their growing combinations and innovations are also enhancing the market growth.

What Made Hospitals/Oncology Clinics the Dominant Segment in the Market in 2024?

By end user/customer type, the hospitals/oncology clinics segment held the largest share of approximately 55% in the global advanced liver cancer treatment drugs market in 2024, driven by the majority of systemic therapy administration. They also offered advanced therapy and combination therapies to the patients. Additionally, the emergency treatments and reimbursement policies were also provided to the patients.

By end user/customer type, the contract research organizations (CROs)/clinical trial sites segment is expected to show the fastest growth rate during the predicted time. They are providing support to the immunotherapy and novel combination trials. Furthermore, the growing innovations and outsourcing trend are also increasing their collaborations.

Regional Insights

Advanced Liver Cancer Treatment Drugs Market Share, By Region, 2024 (%)

Established Oncology Infrastructure Drives North America

North America dominated the advanced liver cancer treatment drugs market with 40% in 2024, due to established oncology infrastructure and high per-patient spend. At the same the growth in the R&D and clinical trials also increased the innovation in the advanced liver cancer treatment drugs. Moreover, early adoption of novel therapies supported by the healthcare investments also increased their use, which contributed to the market growth.

Presence of Advanced Healthcare System Drives Canada

The presence of advanced healthcare systems in Canada is driving the advanced liver cancer treatment drugs market. The companies are developing various treatments and diagnostic approaches for advanced liver cancer to deal with their growing burdens, which in turn are enhancing their clinical trials. Additionally, the private and government investments and funding are further encouraging innovations.

For instance,

  • In October 2025, to bring a next-generation treatment for liver cancer, that is Eye90™ microspheres, into the market $35 million USD was secured by ABK Biomedical in the Series D funding. The funding will be used to enhance its clinical trials, manufacturing, and commercialization.
  • In 2024, the projected number of deaths from liver and intrahepatic bile duct cancer was approximately 3,700, with an age-standardized mortality rate of 10.1 per 100,000 males. 

Growing Liver Cancer Burden Boosts the Asia Pacific

Asia Pacific is expected to host the fastest-growing advanced liver cancer treatment drugs market during the forecast period, driven by increasing incidence of liver cancer and expanding access to targeted and immunotherapy drugs. At the same time, the expanding healthcare and increasing awareness are increasing the demand and the use of advanced liver cancer treatment drugs. This, in turn, is also increasing their R&D, promoting the market growth.

The Rising Cases of Liver Cancer Drive India

The growing incidence of liver cancer due to lifestyle changes and a large population is enhancing the advanced liver cancer treatment drugs market in India. Moreover, the growing awareness through government campaigns is increasing the use of targeted therapies and immunotherapies. The industries are also developing new treatment options and generic drugs, which are supported by the government initiatives.

For instance,

  • In July 2024, to provide relief to the cancer patients, exemption of customs duties on three cancer drugs, which are Durvalumab used for multiple cancers of the liver, endometrial, biliary tract, non-small, and small cell lung cancers, Trastuzumab Deruxtecan used for breast and stomach cancer, and Osimeritinib for lung cancer, was announced by Finance Minister Nirmala Sitharaman.
  • In 2024, the incidence rate of liver cancer (hepatocellular carcinoma or HCC) in India was 2.15 per 100,000, with a prevalence of 2.27 per 100,000 and a mortality rate of 2.21 per 100,000.

Europe Driven by Robust Healthcare

Europe is expected to grow significantly in the advanced liver cancer treatment drugs market during the forecast period, due to the presence of a strong healthcare sector, which is increasing access and affordability of these drugs. The fast regulatory approvals are encouraging innovations to deal with the growing cancer burden. The industries and institutions are also developing new treatment approaches along with the use of advanced technologies, enhancing the market growth.

What are the UK Market Trends?

The increasing use of alcohol and growing obesity are increasing the liver cancer rates in the UK, driving the advanced liver cancer treatment drugs market. The healthcare sector is increasingly adopting advanced treatment options, which are supported by the government, enhancing their affordability, accessibility, and innovations. The institutes and industries are also collaborating to advance the development of novel therapies.

For instance,

  • In October 2024, to develop new therapies and encourage collaboration around £150 million investment was provided by the UK government, where they aim to leverage technologies and treatments like AI models for fast and accurate cancer diagnosis and personalized treatment for cancer patients on immunotherapy.

In the UK, liver cancer is the 18th most common cancer in women and has one of the lowest five-year survival rates, with only 13% of people surviving for 5 years or more. There are approximately 6,000 new cases and 6,000 deaths from liver cancer each year. Statistics for 2024 and 2025 are not yet finalized, but the trend shows an increase in cases in Europe, and survival rates vary significantly by stage, with approximately 50% of stage 1 patients surviving for four or more years and only 5% of stage 4 patients.

Market Value Chain Analysis

R&D

The R&D of advanced liver cancer treatment drugs focuses on the development of more effective combination therapies by combining immunotherapies with targeted agents and leveraging advanced technologies like AI and cell-based approaches to provide precision medicine and overcome tumor resistance.

Key Players: AstraZeneca, Bristol-Myers Squibb, Eisai Co., Ltd., Bayer AG, Exelixis, Inc., Merck & Co., Inc., Eli Lilly and Company, Roche.

Clinical Trials and Regulatory Approvals

The clinical trials and regulatory approvals of advanced liver cancer treatment drugs involve demonstrating overall survival (OS) or other key endpoints, such as objective response rate and progression-free survival, along with their safety profile and effectiveness.

Key Players: AstraZeneca, Bristol-Myers Squibb, Eisai Co., Ltd., Bayer AG, Exelixis, Inc., Merck & Co., Inc., Roche, Eli Lilly and Company.

Formulation and Final Dosage Preparation

The formulation and final dosage preparation of advanced liver cancer treatment drugs include the development of oral capsules or intravenous (IV) infusions, which can be swallowed or administered by diluting the concentrated solution from vials.

Key Players: Bristol-Myers Squibb, AstraZeneca, Eisai Co., Ltd., Bayer AG, Exelixis, Inc., Roche, Eli Lilly and Company, Merck & Co., Inc.

Packaging and Serialization

The packaging and serialization of advanced liver cancer treatment drugs focus on the use of sterile vials for IV infusion, bottles, and child-resistant blister packs for oral capsules with a unique 2D barcode on each unit, ensuring traceability and avoidance of counterfeiting.

Key Players: Bristol-Myers Squibb, AstraZeneca, Eisai Co., Ltd., Bayer AG, Exelixis, Inc., Roche, Eli Lilly and Company, Merck & Co., Inc.

Patient Support and Services

Disease education, financial assistance programs from manufacturers, and non-profit, psychological, and emotional counseling are provided in the patient support and services in the advanced liver cancer treatment drugs market.

Key Players: AstraZeneca, Bristol-Myers Squibb, Eisai Co., Ltd., Bayer AG, Exelixis, Inc., Merck & Co., Inc., Roche, Eli Lilly and Company.

Who are the Top Vendors and What are Their Offerings in the Market?

  • Bayer AG: The company has launched products like Sorafenib and regorafenib, and is participating in phase 1 clinical trials with the 225Ac-GPC3 drug.
  • Bristol-Myers Squibb: The company offers drugs such as Nivolumab and I/O combination therapies, and its pipeline consists of products like RYZ801 and OPDIVO.
  • Merck & Co., Inc.: The company provides Pembrolizumab, where products like ifinatamab deruxtecan, KEYTRUDA®, patritumab deruxtecan, are included in its pipeline.
  • AstraZeneca: Durvalumab, and AZD7003, rilvegostomig + Imjudo ARTEMIDE-HCC01, Imfinzi + Imjudo HIMALAYA, Imfinzi + VEGF + TACE EMERALD-1, Imfinzi + Imjudo + TACE +/- lenvatinib EMERALD-3, Imfinzi + VEGF EMERALD-2 are the company’s pipeline products.
  • Polaris Pharmaceuticals: The company is contributing to the advanced liver cancer treatment drugs market by developing a drug that is Pegargiminase (ADI-PEG 20), which is in pahse2/3 clinical trials.

Top Companies in the Market

What are the Recent Developments in the Market?

  • In April 2025, the combination of Opdivo plus Yervoy was announced to have received U.S. Food and Drug Administration approval. This combination will be used as the first-line treatment for adults suffering from metastatic or unresectable hepatocellular carcinoma (HCC).
  • In January 2025, the novel combination of transarterial chemoembolization (TACE), Lenvatinib, and pembrolizumab was developed by the Mount Sinai researchers for the treatment of hepatocellular carcinoma (HCC), which was announced to have demonstrated significant outcomes compared to the use of TACE alone.

Segments Covered in the Report

By Drug Class/Mechanism of Action

  • Tyrosine Kinase Inhibitors (TKIs)
  • Immune Checkpoint Inhibitors (PD-1/PD-L1, CTLA-4 antibodies)
  • Monoclonal Antibodies (anti-VEGF, anti-EGFR, others)
  • Combination Therapies (immunotherapy + TKI/monoclonal antibody combinations)
  • Chemotherapy Agents (systemic, conventional)
  • Gene Therapy & RNA-based Experimental Therapies
  • Adjunct/Supportive Oncology Agents

By Treatment Modality

  • Oral Targeted Therapies (TKIs, multi-kinase inhibitors)
  • Intravenous Immunotherapy (PD-1/PD-L1/CTLA-4 antibodies)
  • Monoclonal Antibodies/Biologics
  • Combination Regimens (oral + IV)
  • Gene/RNA Therapeutics (experimental)

By End User/Customer Type

  • Hospitals/Oncology Clinics
  • Specialty Cancer Centers
  • Contract Research Organizations (CROs)/Clinical Trial Sites
  • Outpatient/Ambulatory Care
  • Home Care/Telemedicine Oncology Programs

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait

Tags

  • Last Updated: 28 October 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a focused and detail-oriented market research professional with growing expertise in the healthcare sector, delivering high-quality insights across therapeutic areas, diagnostics, biotechnology and healthcare services.

Learn more about Deepa Pandey

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi plays a critical role in ensuring the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

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FAQ's

The advanced liver cancer treatment drugs market is evolving rapidly, with forecasts predicting massive revenue growth from 2025 to 2034 fueled by innovation

North America is currently leading the advanced liver cancer treatment drugs market share by 40% due to a well-developed oncology infrastructure.

The advanced liver cancer treatment drugs market includes 4 segments such as by drug class, mechanism of action, by treatment modality, by end user, customer type, and by region.

The different types of advanced liver cancer treatment drugs in the market include targeted therapies, immune checkpoint inhibitors, monoclonal antibodies, combination regimens, gene therapy candidates, and adjunct supportive therapies.

Expanding biomarker-driven treatment paradigms is the factor that drives the advanced liver cancer treatment drugs market.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.