Global Doxorubicin Market - Segmented by Drug Formulation (Lyophilized Powder and Doxorubicin Injection), Application, Distribution Channel, and Geography - Growth, Trends, and Forecast (2022 - 2030)
The global Doxorubicin market is expected to register a CAGR of 6.5% during the forecast period, 2018 to 2023. Doxorubicin is a chemotherapy medication used to treat cancer. It is sold by the brand name Adriamycin® and Rubex® amongst others. It is indicated for various types of cancers including breast cancer, bladder cancer, Kaposi's sarcoma, lymphoma, and acute lymphocytic leukemia. North America holds the largest share in the market due to the growing number of malignancy cases and subsequently increasing usage of the doxorubicin in mono and combination chemotherapies. Moreover, the increasing number of mergers and acquisitions and partnerships for clinical trials with technologically advanced doxorubicin formulations is one of the crucial factors driving the market in this region.
Increasing Prevalence of Cancer Worldwide
Cancer is a leading cause of death worldwide. WHO estimates that there were 8.2 million deaths to cancer, in 2012, with lung cancer claiming the most lives (1.59 million), followed by liver (745,000 deaths), stomach (723,000 deaths), colorectal (694,000 deaths), breast (521,000 deaths) and esophageal cancer (400 000 deaths) across the world. According to the estimated provided by The World Cancer Report 2014, from the World Health Organization's (WHO's) International Agency for Research on Cancer (IARC), the global burden of cancer will rise from an estimated 14 million new cases per year in 2012 to 22 million within the next 20 years. Developing countries are disproportionately affected by the growing numbers of cancers due to growing and aging populations. Hence the increasing number of cancer cases and the increasing need to treat them effectively and efficiently is going to help boost the market for doxorubicin in the forecast period.
Other factors driving the market growth are increasing application of doxorubicin and an increasing number of companies manufacturing doxorubicin.
Side Effects Associated With Doxorubicin
Doxorubicin is cancer (antineoplastic) medication used to treat many types of cancer. Common side effects of doxorubicin include nausea and vomiting (may be severe), diarrhea, loss of appetite, missed menstrual periods, darkening of skin or nails, weakness, tiredness, eye redness, or puffy eyelids. Adriamycin PFS (doxorubicin hydrochloride) may give tears, sweat that may last up to several days and a reddish color to urine. There might be serious side effects including cough, hoarseness, persistent diarrhea, redness, flushing of face, eye itching, unusual tiredness, joint pain, pain in the lower back/side/stomach/abdomen, painful or difficult urination, black/tarry stools, bloody mucus or discharge in stools, fast or irregular heartbeat, shortness of breath, dizziness, swelling of ankles or feet, or decreased urination. Doxorubicin can also interact with paclitaxel, progesterone, verapamil, cyclosporine, cyclophosphamide, phenobarbital, phenytoin, streptozocin, or "live" vaccines. Hence the side effects associated with the use of Doxorubicin may hinder its usage and can act as a restraining factor for the market.
North America is expected to dominate the Market
North America is expected to dominate the market throughout the forecast period. The growing number of cancer cases and subsequently increasing usage of the doxorubicin in mono and combination chemotherapies are going to impact the market. Moreover, the increasing number of mergers and acquisitions and partnerships for clinical trials with technologically advanced doxorubicin formulations is one of the crucial factors driving the market in this region.
Key Developments in the Market:
Aug 2018: India, Hyderabad-based NATCO Pharma Ltd has announced that its co-development and marketing partner, Dr Reddy’s Laboratories Ltd, has filed for registration of doxorubicin hydrochloride liposome injection for intravenous use, in the European markets.
Major Players: Cadila Pharmaceuticals, Cipla, Inc., Janssen Products LP, Pfizer Inc., SRS Pharmaceuticals Pvt. Ltd. and Sun Pharmaceutical Industries Ltd. among others.
Reasons to Purchase this Report
Current and future Doxorubicin market outlook in the developed and emerging markets
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares and strategies employed by the major market players
3-month analyst support along with the Market Estimate sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs.
Increasing Prevalence of Cancer Worldwide
Cancer is a leading cause of death worldwide. WHO estimates that there were 8.2 million deaths to cancer, in 2012, with lung cancer claiming the most lives (1.59 million), followed by liver (745,000 deaths), stomach (723,000 deaths), colorectal (694,000 deaths), breast (521,000 deaths) and esophageal cancer (400 000 deaths) across the world. According to the estimated provided by The World Cancer Report 2014, from the World Health Organization's (WHO's) International Agency for Research on Cancer (IARC), the global burden of cancer will rise from an estimated 14 million new cases per year in 2012 to 22 million within the next 20 years. Developing countries are disproportionately affected by the growing numbers of cancers due to growing and aging populations. Hence the increasing number of cancer cases and the increasing need to treat them effectively and efficiently is going to help boost the market for doxorubicin in the forecast period.
Other factors driving the market growth are increasing application of doxorubicin and an increasing number of companies manufacturing doxorubicin.
Side Effects Associated With Doxorubicin
Doxorubicin is cancer (antineoplastic) medication used to treat many types of cancer. Common side effects of doxorubicin include nausea and vomiting (may be severe), diarrhea, loss of appetite, missed menstrual periods, darkening of skin or nails, weakness, tiredness, eye redness, or puffy eyelids. Adriamycin PFS (doxorubicin hydrochloride) may give tears, sweat that may last up to several days and a reddish color to urine. There might be serious side effects including cough, hoarseness, persistent diarrhea, redness, flushing of face, eye itching, unusual tiredness, joint pain, pain in the lower back/side/stomach/abdomen, painful or difficult urination, black/tarry stools, bloody mucus or discharge in stools, fast or irregular heartbeat, shortness of breath, dizziness, swelling of ankles or feet, or decreased urination. Doxorubicin can also interact with paclitaxel, progesterone, verapamil, cyclosporine, cyclophosphamide, phenobarbital, phenytoin, streptozocin, or "live" vaccines. Hence the side effects associated with the use of Doxorubicin may hinder its usage and can act as a restraining factor for the market.
North America is expected to dominate the Market
North America is expected to dominate the market throughout the forecast period. The growing number of cancer cases and subsequently increasing usage of the doxorubicin in mono and combination chemotherapies are going to impact the market. Moreover, the increasing number of mergers and acquisitions and partnerships for clinical trials with technologically advanced doxorubicin formulations is one of the crucial factors driving the market in this region.
Key Developments in the Market:
Aug 2018: India, Hyderabad-based NATCO Pharma Ltd has announced that its co-development and marketing partner, Dr Reddy’s Laboratories Ltd, has filed for registration of doxorubicin hydrochloride liposome injection for intravenous use, in the European markets.
Major Players: Cadila Pharmaceuticals, Cipla, Inc., Janssen Products LP, Pfizer Inc., SRS Pharmaceuticals Pvt. Ltd. and Sun Pharmaceutical Industries Ltd. among others.
Reasons to Purchase this Report
Current and future Doxorubicin market outlook in the developed and emerging markets
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares and strategies employed by the major market players
3-month analyst support along with the Market Estimate sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Please Select a Format
