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This editorial explores the trends in incidence and mortality for cancer for the years 2001-2024, with special emphasis laid on some of the key public health as well as social implications. It has been observed that new cases of cancer have been on the increase in the early years of the 2000s, but the turnaround of the trend in mortality can be explained by major strides in the field of diagnostics as well as treatment modalities, including immunotherapies and targeted therapies. Even though the trend of increasing obesity-related cancers and persistent disparities in outcome by race and socioeconomic status poses an ongoing challenge, projections for 2023 and 2024 show that the trend of incidence increases but stabilizes mortality. Such trends point to an urgent need for an all-inclusive approach to prevention, early detection, and equitable access to healthcare to prevent further burden of cancer on diverse populations.