The Doxorubicin Global Market Report 2023, provides comprehensive information on the doxorubicin market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global doxorubicin market size is expected to grow from $1.14 billion in 2022 to $1.23 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of doxorubicin market is expected to reach $1.60 billion in 2027 at a CAGR of 6.8%.
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Advancements in drug Investigation are a key trend gaining popularity in the doxorubicin market. Major companies in the doxorubicin market are working on innovative technologies to launch advanced products, such as injections, to sustain their position in the market. For instance, in October 2021, Padagis, a US-based healthcare company, received approval for its AB-rated generic version of Doxil (Doxorubicin Liposome Injection) from the US Food and Drug Administration, a US-based health regulatory agency. The new drug is an anthracycline topoisomerase inhibitor used for treating ovarian cancer, sarcoma, and multiple myeloma. It is also used in the treatment of multiple myeloma alongside bortezomib. Doxorubicin liposome is a cancer medication that acts as an antineoplastic agent.
The doxorubicin market is segmented:
1) By Drug Formulation: Lyophilized Powder, Doxorubicin Injection
2) By Application: Breast Cancer, Kidney Cancer, Liver Cancer, Sarcoma, Ovarian Cancer, Lung Cancer, Leukemia, Multiple Myeloma, Other Applications
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy
North America was the largest region in the doxorubicin market in 2022.
The table of contents in TBRC’s doxorubicin market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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