Irinotecan Market Scope
Irinotecan medication is given by injection into a vein by a health care professional. The dosage relies on your medical condition, body size, and response to treatment. If this medication comes into contact along with your skin, wash the skin immediately and completely with soap and water. If this medication gets into your eyes, mouth, or nose, flush completely with much waters. Indicated as first-line therapy (with 5-fluorouracil and leucovorin) for metastatic colorectal cancer (CRC); it's also indicated for CRC that has recurred or progressed following initial fluorouracil-based therapy. Irinotecan can cause both early and late-onset diarrhea. Both kinds of diarrhea could also be severe and appear to be mediated by different mechanisms. It is usually transient and only infrequently severe. Early-onset diarrhea is assumed to be a part of a cholinergic syndrome mediated by increased anticholinesterase activity of the irinotecan parent compound.
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. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Europe Irinotecan market throughout the predicted period.
West-Ward Pharmaceuticals (United States), Pfizer (United States), Teva Pharmaceutical Industries Ltd. (Israel), Actiza Pharmaceutical (India), Taj Pharma (India), Cipla (India), Salius (India), Tecoland Corporation (United States) and ScinoPharm Taiwan, Ltd (Taiwan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are YAKULT HONSHA CO LTD (Japan) and Jiwan Pharmaceutical Technology (China).
Segmentation Overview
The study have segmented the market of Europe Irinotecan market by Type (Irinotecan Hydrochloride Injection 40mg, Irinotecan Hydrochloride Injection 100mg and Other), by Application (Colon cancer and Rectal cancer) and Region with country level break-up.
On the basis of geography, the market of Irinotecan 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).
Influencing Trend:
Increased Awareness about Cancer Treatments among People and Increased Government Initiatives for Cancer Awareness
Market Growth Drivers:
Increased Prevalence of Colorectal Cancer among People Worldwide and Rise in the Number of Diagnostic Centres and Hospitals
Restraints:
Side Effects of the Colorectal Cancer Drugs and Stringent Government Rules and Regulations
Opportunities:
Growth in the Healthcare Industry Worldwide and Increasing Number of Online Pharmacies
Market Leaders and their Expansionary Development Strategies
In September 2021, Torrent Pharma and Dr. Reddy's Laboratories are vying to acquire Cipla Ltd, executing this deal could result in medium-term earnings per share (EPS) dilution for both pharmaceutical giants, a report by Kotak Institutional Equities
In September 2018, Avet Pharmaceuticals Inc. announced the immediate availability of Irinotecan Injection, the generic form of the chemotherapy drug Camptosar®, in two latex free, preservative free single dose vials. The new product launch represents Avet’s first entry into the injectable generic market segment and serves as a lead product for its growing oncology product franchise.
Key Target Audience
Pharmaceutical Company, Distributors, Research Professionals and End-Users
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.