Global Anthracycline Market
Pharmaceuticals

Key Trends and Insights into the Anthracycline Market: Growth Rate and Opportunities to 2034

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How has the anthracycline market size evolved in recent years?

The market size for anthracycline has been expanding steadily over the recent years. It’s anticipated to increase from $1.52 billion in 2024 to $1.62 billion in 2025, with a compound annual growth rate (CAGR) of 6.7%. The historic period’s growth can be credited to the increasing instances of cancer, a heightened demand for customized cancer therapy, a growing consciousness about the advantages of anthracyclines, and investments into anthracycline.

What are the predictions for the anthracycline market size in the coming years?

A surge in growth is anticipated for the anthracycline market size in the forthcoming years. With a compound annual growth rate (CAGR) of 7.1%, it is projected to expand to $2.13 billion by 2029. The growth during this projected period stems from heightened awareness about cancer therapies, investments channeled towards cancer treatment research and development, an increased requirement for efficient and convenient cancer treatments, a rise in cancer screening initiatives, and government interventions. Key trends during this period are anticipated to be improvements in anthracycline preparations, mix therapies, cardioprotective approaches, and the development of anthracycline biosimilars.

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What key factors are fueling the growth of the anthracycline market?

The burgeoning instances of cancer are set to stimulate the growth trajectory of the anthracycline market. Cancer, a diverse class of diseases, occurs when abnormal cells undergo uncontrolled proliferation, transgress their usual confines, and either metastasize to other organs or infiltrate neighboring tissues. Anthracyclines, a variety of chemotherapy drugs, have a crucial part in treating cancer as they halt cell division by disrupting the DNA structure and halting its function. For instance, the American Cancer Society Inc., a US-based health nonprofit, predicts that 1.9 million new cancer cases will be diagnosed in the US in 2023, climbing from 1.8 million cases diagnosed in 2020. Additionally, about 609,820 cancer-related deaths are forecasted in 2023, compared to the projected 606,520 in 2020. Consequently, the escalating incidence of cancer is catalyzing the anthracycline market’s growth. The growth of the anthracycline market in the coming times is set to be fueled by the rising demand for personalized medicine. Also known as precision medicine, personalized medicines are various medicinal therapies and treatments designed specifically to cater to an individual patient’s distinctive characteristics. By considering a patient’s genetic, molecular, and disease attributes, personalized medicine fine-tunes medical treatments, enabling the exact application of anthracycline chemotherapy drugs with targeted therapies, thereby creating more potent and less detrimental treatment modalities. For example, reports released by STAT, a US health-focused news firm, in October 2022, documented more than 75,000 genetic testing products and 300 personalized medications. Also, the Personalized Medicine Coalition, a representative association based in the US, disclosed that the FDA approved personalized medicines for 34% of new drugs in 2022, and in the preceding eight years, they had been authorized for no less than 25% of new drugs. Therefore, the surge in demand for personalized medicine is triggering the anthracycline market’s expansion.

How is the global anthracycline market divided into key segments?

The anthracycline market covered in this report is segmented –

1) By Drugs: Daunorubicin, Doxorubicin, Epirubicin, Idarubicin, Mitoxantrone, Valrubicin

2) By Dosage: Powder, Capsule, Solution, Injection, Suspension, Other Dosages

3) By Application: Acute Lymphocytic Leukemia, Acute Myelogenous Leukemia, Hodgkin’s Lymphoma, Non-Hodgkin’s Lymphoma, Bladder Cancer, Breast Cancer, Other Metastatic Cancers

4) By End User: Hospitals, Homecare, Specialty Clinics, Other End Users

Subsegments:

1) By Daunorubicin: Daunorubicin Hydrochloride, Liposomal Daunorubicin

2) By Doxorubicin: Doxorubicin Hydrochloride, Liposomal Doxorubicin

3) By Epirubicin: Epirubicin Hydrochloride

4) By Idarubicin: Idarubicin Hydrochloride

5) By Mitoxantrone: Mitoxantrone Hydrochloride

6) By Valrubicin: Valrubicin Hydrochloride

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Who are the key firms paving the way for growth in the anthracycline market?

Major companies operating in the anthracycline market are Pfizer Inc., F. Hoffmann-La Roche Ltd., Novartis AG, Bristol-Myers Squibb Company, Fresenius SE & Co. KGaA, Merck & Co. Inc., Gilead Sciences Inc., Zydus Lifesciences Limited, Viatris Inc., Baxter International Inc., Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Limited, Jazz Pharmaceuticals Inc., Gland Pharma Limited, Dr. Reddy’s Laboratories Ltd., Hikma Pharmaceuticals PLC, Endo Pharmaceuticals Inc., Amneal Pharmaceuticals Inc., Zhejiang Hisun Pharmaceutical Co. Ltd., Accord Healthcare Limited, Athenex Inc., Miracalus Pharma Pvt. Ltd., Transo-Pharm Usa LLC, BluePoint Laboratories, Areva Pharmaceuticals Inc., GeneraMedix Inc., Salius Pharma Pvt. Ltd.

Which trends are expected to transform the anthracycline market?

Leading firms in the anthracycline market are working towards the creation of novel products such as non-cardiotoxic formulations to enhance the safety aspects of chemotherapy procedures. The term non-cardiotoxic formulations denotes medications or therapies engineered to lessen or completely eradicate heart damage, particularly the detrimental effects often linked to specific chemotherapy drugs such as anthracyclines, which can result in heart failure or other heart-related complications. For example, in April 2024, the European Medicines Agency, based in the Netherlands, introduced Orphan Drug Designation to Annamycin, an advanced anthracycline, for treating acute myeloid leukemia (AML). This drug provides considerable incentives for creating treatments for rare diseases, including a seven-year market monopoly after approval, which restricts other manufacturers from selling the identical drug for the identical purpose. Furthermore, firms gain from tax credits that cover up to 50% of clinical trial expenses, exemptions from application charges, and regulatory guidance from the FDA, all primarily to alleviate the financial strain of devising drugs for limited patient groups.

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What regions are contributing significantly to the growth of the anthracycline market?

Asia-Pacific was the largest region in the anthracycline market in 2024. The regions covered in anthracycline market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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