Gemcitabine Hydrochloride Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 7.10 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Gemcitabine Hydrochloride Market Analysis
The Gemcitabine Hydrochloride Market is expected to register a CAGR of 7.1% during the forecast period.
COVID-19 pandemic had a substantial impact on patients with underlying diseases; gemcitabine was shown to have both anti-cancer and anti-viral activity. For instance, the NCBI article published in February 2021 suggested that gemcitabine's difluoro group is essential for the antiviral action and its combination with other antiviral medications that have been studied, including remdesivir, may be a desired alternative for treating SARS-CoV-2 infection. Thus, such potential benefits of gemcitabine had a notable impact on the demand for gemcitabine hydrochloride, ultimately impacting the market growth during the pandemic period. In addition, the demand for gemcitabine is expected to remain intact during the post-pandemic period, thereby contributing to the market's growth over the forecast period.
The gemcitabine hydrochloride market is expected to grow during the forecast period due to the significantly increased prevalence of cancer prevalence globally owing to the rising usage of gemcitabine with other drugs in the treatment of cancer. Further, increased awareness about cancer and patient support programs are among the major factors driving the growth of the studied market. According to the World Health Organization factsheet published in February 2022, in 2021, an estimated 1.9 million new cancer cases were diagnosed in the United States. The report also mentioned that each year, approximately 400,000 children develop cancer globally. Cervical cancer is the most common in 23 countries, such as Eswatini, India, South Africa, Latin America, and others. The most common cancers are breast, lung, colon and rectum, and prostate cancers. Thus, the high burden of cases of cancer is generating the demand for effective treatment options such as gemcitabine owing to the potential usage with other drugs in the treatment of cancer, thereby contributing to the growth of the market over the forecast period.
Additionally, the increasing product developments by key market players and product approvals are expected to contribute to the market's growth. For instance, in September 2022, Syros Pharmaceuticals received FDA orphan drug designation for the product SY-5609, a CDK7 inhibitor, in combination with chemotherapy for patients with relapsed metastatic pancreatic cancer. The clinical initiated regarding the product, the participants are assigned to SY-5609 plus gemcitabine at approved doses. Therefore, owing to the aforementioned factors, such as rising cancer cases, increasing demand for effective therapeutics, along with increasing product developments, the studied market is anticipated to witness growth over the analysis period. However, the stringent regulatory framework is likely to impede the market growth.
Gemcitabine Hydrochloride Market Trends
This section covers the major market trends shaping the Gemcitabine Hydrochloride Market according to our research experts:
Lung Cancer is Expected to Witness Significant Growth Over the Forecast Period
The lung cancer segment is expected to hold a significant share in the growth of the market owing to the high prevalence of lung cancer cases and rising demand for the growth of effective treatment for lung cancer.
For instance, in the Lung Cancer Foundation data published in 2022, an estimated 236,74 people were diagnosed with lung cancer in the United States, 2022. Additionally, the NCBI article published in January 2022 mentioned that the incidence of lung cancer among the non-smoker female population was 17.1 per 100,000 in 2022. The article also mentioned that non-smoker Chinese American females and the highest rate of cancer which was 22.8 per 100,000 in 2021. Such increasing incidence of lung cancer among the global population is expected to drive the demand for effective treatment, thereby driving segment growth.
Likewise, the research studies proving the efficacy of gemcitabine in the treatment of lung cancer are also expected to drive segment growth. For instance, according to an article published in the National Library of Medicine in August 2021, combination therapy of gemcitabine with a platinum agent is a highly effective treatment among the platinum doublet regimens. It is promising as a treatment for advanced squamous cell lung carcinoma. Thus, such research activities will lead to verticle growth in the coming future. On the other hand, the rising product developments and clinical trials by various market players are also expected to contribute to the market's growth. For instance, in August 2022, Ipsen Announced results from the phase III resilient trial evaluating Onivyde in second-line monotherapy for small lung cancer. Onivyde is approved in combination with fluorouracil and leucovorin for the treatment of patients following gemcitabine-based therapy.
Thus, the high prevalence of lung cancer, research and development associated with lung cancer, and lower side effects of gemcitabine are expected to boost the growth of the studied segment over the forecast period.
North America is Expected to Hold Significant Share in the Market over the Forecast Period
North America is expected to hold a major market share in the global gemcitabine hydrochloride market due to the increasing burden of cancer diseases and product advancements. The low cost of generic gemcitabine hydrochloride and reformulation strategies adopted by companies are among the other driving factor for market growth.
For instance, according to the American Cancer Society Inc., data published in 2022, in 2021, there were an estimated 1.9 million new cancer cases diagnosed in the United States. In addition, according to the Public Health Agency of Canada data published in October 2021, approximately 2 in 5 Canadians were diagnosed with Cancer in their lifetime. In 2021, an estimated 229,000 Canadians were diagnosed with Cancer. The report also mentioned that lung, breast, colorectal, and prostate cancers were expected to remain the most commonly diagnosed cancers, accounting for nearly 46% of all cancer diagnoses in 2021. Such a high prevalence of cancers in North American countries is expected to contribute to the market's growth.
In June 2022, Fujifilm announced that it had begun implementation of a phase 2 study in the United States to evaluate the safety, tolerability, and preliminary efficacy of FF-10832, a liposomal drug candidate, in combination therapy with Merck & Co Keytruda (pembrolizumab) for patients with advanced solid tumors. FF-10832 is a liposomal formulation that encapsulates gemcitabine, an approved anti-cancer agent indicated for the treatment of a variety of solid tumors.
Additionally, in April 2022, Tiziana Life Sciences announced filing an investigational new drug application and initiating a Phase 2 trial in KRAS (Kirsten rat sarcoma viral) + NSCLC (Non-small cell lung cancer) patients with a combination of milciclib + gemcitabine. The positive outcome of such clinical trials may lead to new treatment options, thereby increasing regional growth.
Gemcitabine Hydrochloride Industry Overview
The Gemcitabine Hydrochloride Market is fragmented and consists of several major players. In terms of market share, a few of the major players are currently dominating the market. Some of the companies which are currently dominating the market are Eli Lilly & Co., Accord Healthcare Inc., Pfizer Inc. (Hospira Inc.), Apotex Inc., Fresenius Kabi USA, Gland Pharma Ltd., Mylan Pharmaceuticals Inc., Sagent Pharmaceuticals Inc., Teva Pharmaceuticals Ltd., and Jiangsu Hansoh Pharmaceutical Group Co., Ltd.
Gemcitabine Hydrochloride Market Leaders
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Eli Lilly & Co.
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Apotex Inc.
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Fressenius Kabi USA
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Mylan Pharmaceuticals Inc.
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Pfizer Inc. (Hospira Inc.)
*Disclaimer: Major Players sorted in no particular order
Gemcitabine Hydrochloride Market News
- September 2022: AstraZeneca's Imfinzi (durvalumab) was approved in the United States for the treatment of adult patients with locally advanced or metastatic biliary tract cancer (BTC) in combination with chemotherapy (gemcitabine plus cisplatin).
- July 2022: ADC Therapeutics SA announced the first patient had been dosed in the phase 1b clinical trial evaluating ADCT-601 (mipasetamab uzoptirine) targeting AXL as a single agent and in combination with gemcitabine in patients with selected advanced solid tumors.
Gemcitabine Hydrochloride Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Growing Burden of Cancer
- 4.2.2 Increasing Research & Development Activities
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4.3 Market Restraints
- 4.3.1 Stringent Regulatory Framework
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
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5.1 By Product Type
- 5.1.1 Injection
- 5.1.2 Solution
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5.2 By Indication
- 5.2.1 Breast Cancer
- 5.2.2 Non-small Cell Lung Cancer
- 5.2.3 Pancreatic Cancer
- 5.2.4 Others
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.2 Europe
- 5.3.2.1 Germany
- 5.3.2.2 United Kingdom
- 5.3.2.3 France
- 5.3.2.4 Italy
- 5.3.2.5 Spain
- 5.3.2.6 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 South Korea
- 5.3.3.6 Rest of Asia-Pacific
- 5.3.4 Middle East and Africa
- 5.3.4.1 GCC
- 5.3.4.2 South Africa
- 5.3.4.3 Rest of Middle East and Africa
- 5.3.5 South America
- 5.3.5.1 Brazil
- 5.3.5.2 Argentina
- 5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Accord Healthcare Inc.
- 6.1.2 Apotex Inc.
- 6.1.3 Eli Lilly & Co.
- 6.1.4 Fressenius Kabi USA
- 6.1.5 Gland Pharma Ltd.
- 6.1.6 Jiangsu Hansoh Pharmaceutical Group Co Ltd
- 6.1.7 Mylan Pharmaceuticals Inc.
- 6.1.8 Pfizer Inc. (Hospira Inc.)
- 6.1.9 Sagent Pharmaceuticals Inc.
- 6.1.10 Teva Pharmaceuticals Ltd.
- 6.1.11 F. Hoffmann La Roche
- 6.1.12 Hebei Changsan Biochemical Pharmaceutical Co., Ltd
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Gemcitabine Hydrochloride Industry Segmentation
As per the scope of the market, gemcitabine hydrochloride is the antimetabolite-antineoplastic agent with synthetic pyrimidine nucleoside. It can be used with other oncology agents in combination, such as paclitaxel, cisplatin, and others.
The Gemcitabine Hydrochloride Market is segmented By Product Type (Injection, Solution), By Indication (Breast Cancer, Non-small Cell Lung Cancer, Pancreatic Cancer, Others), and by Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers the value (USD million) for the above segments. The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (USD million) for the above segments.
| By Product Type | Injection | |
| Solution | ||
| By Indication | Breast Cancer | |
| Non-small Cell Lung Cancer | ||
| Pancreatic Cancer | ||
| Others | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle East and Africa | GCC |
| South Africa | ||
| Rest of Middle East and Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Gemcitabine Hydrochloride Market Research FAQs
What is the current Gemcitabine Hydrochloride Market size?
The Gemcitabine Hydrochloride Market is projected to register a CAGR of 7.10% during the forecast period (2024-2029)
Who are the key players in Gemcitabine Hydrochloride Market?
Eli Lilly & Co. , Apotex Inc. , Fressenius Kabi USA, Mylan Pharmaceuticals Inc. and Pfizer Inc. (Hospira Inc.) are the major companies operating in the Gemcitabine Hydrochloride Market.
Which is the fastest growing region in Gemcitabine Hydrochloride Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Gemcitabine Hydrochloride Market?
In 2024, the North America accounts for the largest market share in Gemcitabine Hydrochloride Market.
What years does this Gemcitabine Hydrochloride Market cover?
The report covers the Gemcitabine Hydrochloride Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Gemcitabine Hydrochloride Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Gemcitabine Hydrochloride Industry Report
Statistics for the 2024 Gemcitabine Hydrochloride market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Gemcitabine Hydrochloride analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
