About Gemcitabine HCl
Gemcitabine HCl is a white to off-white solid. It is soluble in water, sparingly soluble in methanol, and practically insoluble in ethanol and polar organic solvents. Gemcitabine HCl is the antimetabolite antineoplastic with synthetic pyrimidine nucleoside. It replaces cytidine during DNA replication. Because of this growth in tumor growth, no new nucleosides can be bound to the “faulty” nucleoside, which leads to apoptosis in tumor cells. It is the FDA cleared compound that is sold under the brand name "Gemzar" (IV formulation). It can be used in combination with other oncological agents such as paclitaxel, cisplatin, and others. Gemcitabine is used in combination with cisplatin to treat a type of lung cancer (non-small cell lung cancer; NSCLC) that has spread to other parts of the body and cannot be treated by surgery. Gemcitabine is also used to treat pancreatic cancer that has spread to other parts of the body and has not improved or worsened after treatment with another medicine. Gemcitabine belongs to a class of drugs called antimetabolites. It slows down or stops cancer cells from growing in your body.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.0% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Gemcitabine HCl market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Eli Lilly and Company (United States), Sun Pharmaceutical Industries Ltd. (India), Pfizer Inc. (United States), Cipla Inc. (India), Teva Pharmaceutical Industries Ltd. (Israel), Emcure Pharmaceuticals (India), Accord Healthcare (United States), Mylan N.V. (United States), Dr. Reddy’s Laboratories Ltd. (India) and Fresenius Kabi USA (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Gemcitabine HCl market by Type (Branded and Generic) and Region.
On the basis of geography, the market of Gemcitabine HCl has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Indication, the sub-segment i.e. Breast Cancer will boost the Gemcitabine HCl market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Hospitals will boost the Gemcitabine HCl market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Hospital Pharmacy will boost the Gemcitabine HCl market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Prevalence of Cancer and Related Disorders in Worldwide and Emerging Markets and Increasing Initiatives Taken By the Pharmaceutical Organizations to Generate Novel Formulation
Market Growth Drivers:
Growing Cases of Cancer Especially In Females Such As Breast and Ovarian Cancer, Increased Advancement in the Treatment of Cancer, Increased Awareness Related To Healthcare Insurance Policy, Rise in Immune System Diseases Worldwide and Growing Burden of Cancer
Challenges:
Presence and Availability of Global Brands and Their Challenges Faced Due to Large or Scarce Competition from Local and Domestic Brands
Restraints:
High Cost of Treatment & Chemotherapy, Stringent Regulatory Framework and Adverse Effect after the Treatment
Opportunities:
Increasing Research & Development Activities and Increasing Initiatives Taken By the Government & Pharmaceutical Organizations to Spread Awareness and Presence of Generic Manufacturer
Market Leaders and their expansionary development strategies
In December 12, 2023, Teva Pharmaceuticals and Celltrion Healthcare announced a collaboration to commercialize Celltrion's biosimilar version of Gemcitabine in Europe.
In August 2023, Teva Pharmaceuticals announces the launch of a new generic version of Gemcitabine injection in the United States.
Key Target Audience
Manufacturers of Gemcitabine HCl, Suppliers of Gemcitabine HCl, Wholesalers, Distributors and Retailers of Gemcitabine HCl, Pharmaceutical Industry, Regulatory Bodies and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.