About Doxorubicin
Doxorubicin is a type of chemotherapy drug called an anthracycline. It is used as a chemotherapy medication to treat cancer patients. The doxorubicin market has high growth prospects owing to growing prevalence of cancer and increasing use of drug in the treatment of cancer.Also, increasing clinical trail of new treatment procedures boosting the growth of the doxorubicin market. Further, increasing investment in healthcare and technological advancement expected to drive the demand for doxorubicin over the forecasted period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Doxorubicin is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that Asia Pacific Players will contribute the maximum growth to Global Doxorubicin market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Johnson & Johnson Services (United States), Teva Pharmaceutical Industries Ltd (Israel), Sun Pharmaceuticals Industries Ltd. (India), Intas Pharmaceuticals Limited (United Kingdom), Pfizer Ltd (United States), Meiji Seika Pharma Co (Japan), MicroBiopharm Japan Co (Japan), Cipla (India), Cadila Pharmaceuticals (India) and Thymoorgan Pharmazie GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Glenmark Pharmaceuticals Ltd. (India) and SRS Pharmaceuticals (India).
Segmentation Overview
AMA Research has segmented the market of Global Doxorubicin market by Type (Lyophilized Powder and Doxorubicin Injection), Application (Ovarian, Multiple Myeloma, Kaposi Sarcoma, Leukemia, Bone Sarcoma, Breast Cancer, Gastric Cancer and Others) and Region.
On the basis of geography, the market of Doxorubicin 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 Distribution Channel, the sub-segment i.e. Hospitals Pharmacies will boost the Doxorubicin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancement and Increasing Clinical Trail of New Treatment Procedures
Market Growth Drivers:
Growing Prevalence of Cancer Worldwide, Increasing Use of Drug in the Treatment of Cancer and Increasing Awareness Programs for Cancer Treatment
Challenges:
Side Effects such as Nausea ,Hair Loss, Vomiting etc.
Restraints:
Stringent Government Regulation on Doxorubicin and High Production Cost
Opportunities:
Rising Demand of Doxorubicin Due to Increasing Number of Breast and Lung Cancer Patients in Various Region especially Asia Pacific and Increasing Investment in Healthcare Industry Providing Opportunities for Various Manufacturers
Market Leaders and their expansionary development strategies
In 30 July 2019, Pfizer Inc. announced the successful completion of its acquisition of Array BioPharma Inc., development and commercialization of targeted small molecule medicines to treat cancer and other diseases of high unmet need.
In September 2018, Hikama launched AdriamycinTM for injection. Doxorubicin is indicated for the treatment of certain other cancers.
Key Target Audience
Doxorubicin Manufacturer, Doxorubicin Suppliers/Distributors, Research and Development Firm, Government Bodies and Potential Investor
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.