The global cytotoxic drugs market is expected to account for a valuation of USD 16.3 Billion in 2023 and rise at a sluggish CAGR of 1.2% to reach an estimated net worth of USD 18.3 Billion by 2033.
Classification of cytotoxic drugs, also known as antineoplastics as per alkylating agents, antitumor antibiotics, antimetabolites, etc., has been studied in this cytotoxic drugs research report by FMI. Sales of cytotoxic drugs account for around 13.4% share of the global oncology drugs and therapeutics market.
The market is being propelled by an increase in the consumption of cytotoxic medications as a result of more chemotherapy procedures being performed as a result of an increase in cancer diagnoses.
Numerous first-in-class breakthroughs in the key branch, together with a wide range of novel cytotoxic drug treatments, are anticipated on the market, increasing the potential patient advantages.
In addition, government initiatives to make cancer treatments more affordable, and the expanding use of biosimilars, encourage the market share. It is projected that more collaborations between corporations and research institutions would emerge from examining new market prospects.
| Attributes | Details |
|---|---|
| Cytotoxic Drugs Market CAGR (2023 to 2033) | 1.2% |
| Cytotoxic Drugs Market Size (2023) | USD 16.3 Billion |
| Cytotoxic Drugs Market Size (2033) | USD 18.3 Billion |
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Key manufacturers of cytotoxic drugs like Eli Lilly and Company, Johnson & Johnson Services Inc., Pfizer Inc., and Mylan NV have dramatically boosted their Research and Development expenditures. Cytotoxic drugs clinical trials for a range of pipeline medications with a high chance of approval are expected to offer the cytotoxic pharmaceuticals market numerous growth prospects.
For instance, AstraZeneca and Parexel worked together to develop a unique medicine that treats advanced cancers by combining cytotoxic chemotherapy with AZD7648.
Additionally, the introduction of injectable cytotoxic drugs has a direct impact on the global cytotoxic drugs market expansion. It entails both the formulation of the therapeutic product and the production and purification of the Active Pharmaceutical Ingredients (APIs).
The manufacturing process must comply with tight regulations and quality standards to assure the safety and efficacy of cytotoxic drugs.
The world has seen a substantial rise in the use of drugs for medical treatment as the prevalence of chronic diseases has increased. Instances of cancer have risen substantially across the globe, and this has increased demand for cancer drugs and cancer therapies for its treatment.
Cytotoxic drugs are the first choice and first line of defense in the treatment of cancer via chemotherapy. The cytotoxic drugs market saw expansion at a CAGR of 0.9% from 2017 to 2022 and held a net worth of USD 16.2 Billion in 2022.
Due to their restricted access to curative therapies, low- and middle-income nations bear the majority of the burden of childhood cancer-associated mortality.
Care for children with cancer that can be cured nevertheless presents challenges, especially in low- and middle-income nations. These difficulties include issues with the accessibility of necessary medications, stable supply chains, confidential medicine prices, and vast variations in treatment costs.
The effectiveness of cost comparisons between medications and treatments is limited by a reluctance to provide pharmaceutical cost estimates and/or reliance on list prices. It impedes efforts to guarantee equitable and affordable access to critical cancer therapies and treatments.
Sales of cytotoxic drugs have seen a rise over the past decade, but the growth is expected to slow down as new treatment methods are popularized. The cytotoxic drug side effects are one of the major factors that restrain their sales and usage.
The potential damage caused by exposure to cytotoxic drugs has led to skepticism around their usage. Some of the side effects include nausea, dizziness, hair loss, infection, constipation, etc.
On the basis of classification, cytotoxic drugs can be used for multiple cancer treatment applications. The active cytotoxic drugs dosage and ingredients include alkylating agents, antitumor antibiotics, antimetabolites, plant alkaloids, and others are detailed in this cytotoxic drugs market survey. Demand for cytotoxic drugs shows an absolute growth rate of USD 2.0 Billion.
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Sales of cytotoxic drugs are predicted to be fueled by efforts made by numerous groups to generate money, educate the public, and raise awareness of the disease. For instance, the Ministry of Health and Family Welfare sponsors a campaign called Breast Cancer Awareness Month to raise awareness of the disease. This is anticipated to generate multiple opportunities for the key participants in the industry.
The industry is anticipated to develop as more cytotoxic drugs are approved. For instance, in November 2018, the American Food and Drug Administration authorized Pfizer's DAURISMO for adult patients with newly diagnosed acute myeloid leukemia who do not qualify for intense chemotherapy.
Due to their immunosuppressive or anti-proliferative properties, cytotoxic drugs are increasingly being used as therapeutic treatments for autoimmune diseases, rheumatoid arthritis, psoriasis, and the prevention of transplant rejection.
Cytotoxic drug toxicity is a primary impeding factor of the market. They can cause illnesses like gastroenteritis, neurotoxicity, renal toxicity, and cardiovascular toxicity. According to NHS Lothian Joint Formulary, medications like fluorouracil, doxorubicin, and oral capecitabine, for example, can cause severe stomatitis, diarrhea, and heart spasms that resemble angina.
| US Market Share (2033) | USD 6.9 Billion |
|---|---|
| US Market Absolute Dollar | USD 842.6 Million |
The USA cytotoxic drugs market is one with high potential, with a CAGR of 1.3% by 2033. This is due to the high prevalence of multiple cancer cases in the nation. There has been a dramatic increase in cancer incidence in the US, which can be ascribed to factors such as declining lifestyle quality, rising obesity rates, etc.
Demand for cytotoxic drugs in the USA is expected to be driven by increasing cancer awareness and the rising geriatric population in the nation. Its developed and advanced healthcare infrastructure creates a lucrative setting for the sales of cytotoxic drugs in the USA.
| UK Market Share (2033) | USD 931.1 Million |
|---|---|
| UK Market Absolute Dollar | USD 121.4 Million |
Due to the high prevalence of cancer patients, the UK is expected to expand from 0.9% in 2017 to 2022 to 1.4 % by 2033. The UK has the leading market share of cytotoxic drugs due to the high cancer prevalence there and the accessibility to specialist healthcare services.
With so many generic and branded medications on the market, it is extremely competitive. AstraZeneca, Merck & Co, GlaxoSmithKline, and Bristol-Myers Squibb are a few of the major companies in the industry.
Additionally, growing government initiatives and funding are promoting the discovery of novel medications and treatments, which is anticipated to fuel the cytotoxic drugs business.
| India Market Share (2033) | USD 471.7 Million |
|---|---|
| India Market Absolute Dollar | USD 80.2 Million |
India has seen a rise in the number of cancer instances over the past few years, and there has also been an increase in awareness about the disease and its treatment. The nation has a massive population and a rapidly developing healthcare infrastructure that promotes demand for cytotoxic drugs as awareness for the treatment of cancer increases.
India is also a favorable market for cytotoxic drug manufacturers, as it provides low manufacturing costs and favorable regulations, which make drug approvals fairly easy in comparison to other nations.
China is anticipated to grow at a CAGR of 1.2% by 2033, up from 0.9% in 2017 to 2022. Furthermore, rising healthcare spending and investments by large pharmaceutical companies help the market rise to 1.3 Billion by 2033.
The Chinese National Cancer Center estimates that China's cancer incidence rate is rising at a rate of 5-6% every year. The increased incidence of cancer is anticipated to increase the demand for cytotoxicity. Additionally, cytotoxic drug sampling analytical tools include HPLC, GC-MS, LC-MS/MS, and ICP-MS, making China a significant market for these drugs.
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| Segment | Product |
|---|---|
| Top-segment | Generic |
| CAGR (2023 to 2033) | 1.6% |
| CAGR (2017 to 2022) | 1.2% |
| Segment | Drug Type |
|---|---|
| Top-segment | Antimetabolites |
| CAGR (2023 to 2033) | 0.9% |
| CAGR (2017 to 2022) | 1.2% |
Although the CAGR is anticipated to fall during the projection period, the antimetabolites pharmaceuticals sub-segment is likely to hold the largest share. Positive effects on the antimetabolite drug are being produced by the exponentially rising investments in the field of antimetabolite pharmaceuticals, largely due to their great benefits.
In addition, it is projected that growing medical costs and an increase in the prevalence of lung and breast cancer all contribute to the market's continued expansion.
Additionally, top players in the cytotoxic drugs market are developing fresh technologies in order to expand their presence globally.
As new generic forms of currently available drugs are created, generic product growth in the market for cytotoxic drugs is anticipated to continue. The increased demand for affordable medications and the expanding availability of generic alternatives are projected to be the main growth factors of the cytotoxic drugs market.
Additionally, it is anticipated that the patent expiration of some branded medications may accelerate the emergence of generic drug alternatives. The rising incidence of cancer, greater knowledge of generic medications advantages, and the release of new medications are contributing to the expansion of the generic industry.
The use of cytotoxic drugs is usually the first aspect of cancer treatments and is one of the well-known cancer treatment methods. Most injectable cytotoxic drugs are administered by healthcare professionals since it is required to do it in a safe manner.
Improper administration could lead to harmful cytotoxic drug side effects, which can be as severe as damage to chromosomes when in direct contact with an individual. Hence, the majority of demand for antineoplastic drugs is driven by hospitals.
Cytotoxic drug manufacturers are focusing on mergers and collaborations to increase their research scope to develop new drugs that cater to most cancers and meet the regulations of multiple countries. Cytotoxic drug companies are also focusing on increasing awareness about the use of antineoplastic drugs to treat cancer.
The cytotoxic drugs market is estimated to be worth USD 16.3 Billion in 2023.
The cytotoxic drugs market is expected to have a CAGR of 1.2% by 2033.
The cytotoxic drugs market expanded to a market share of USD 16.2 Billion in 2022.
North America accounted for nearly 6.9% CAGR in the cytotoxic drugs market by 2033.
The UK is expected to lead with a share of USD 931.3 Million in the cytotoxic drugs market by 2033
1. Executive Summary | Cytotoxic Drugs Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product 5.1. Branded 5.2. Generic 6. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Route Of Administration 6.1. Oral 6.2. Parenteral 7. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Drug Type 7.1. Alkylating Agents 7.2. Antimetabolites 7.3. Plant Alkaloids 7.4. Antitumor Antibiotics 7.5. Others 8. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By End User 8.1. Hospital 8.2. Cancer Research Center 8.3. Drug Testing Laboratory 8.4. CDMOs 9. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. Asia-Pacific excluding Japan (APEJ) 9.6. Japan 9.7. Middle East and Africa (MEA) 10. North America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 11. Latin America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 12. Western Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 13. Eastern Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 14. APEJ Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 15. Japan Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 16. MEA Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 17. Key Countries Market Analysis 18. Market Structure Analysis 19. Competition Analysis 19.1. CytoPharma 19.2. Bristol-Myers Squibb 19.3. Amgen Inc. 19.4. Celgene Corp. 19.5. Eli Lilly and Company 19.6. F. Hoffmann-La Roche AG 19.7. GlaxoSmithKline PLC 19.8. Johnson and Johnson 19.9. Lonza 19.10. Merck & Co. Inc. 19.11. Novartis AG 19.12. Pfizer 19.13. Sanofi 19.14. Teva Pharmaceutical 20. Assumptions & Acronyms Used 21. Research Methodology
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Cytotoxic Drugs Market
