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Liposomal Doxorubicin Global Market Rising Trends, Industry Size, Share Report, Growing Demand and Business Opportunities And Forecast 2024-2033
Liposomal Doxorubicin Market
As per the report, the liposomal doxorubicin market size has grown strongly in recent years. It will grow from $1.15 billion in 2023 to $1.23 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The liposomal doxorubicin market size is expected to see strong growth in the next few years. It will grow to $1.61 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%.
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Rising Prevalence Of Cancer Fuels Growth In Liposomal Doxorubicin Market
The rising prevalence of cancer is expected to propel the growth of the liposomal doxorubicin market going forward. Cancer refers to a category of illnesses that can develop in nearly any organ or tissue in the body when aberrant cells proliferate uncontrollably, cross their normal boundaries, and either spread to other organs or invade neighboring body parts. Cancer cases are rising due to factors such as an aging population, lifestyle changes, environmental exposures, and improved diagnostic techniques. Liposomal doxorubicin is used in cancer treatment to enhance drug delivery to tumors, reduce toxicity, and improve therapeutic outcomes. For instance, in 2023, according to the American Cancer Society Inc., a US-based non-profit health group, 1.9 million new cancer cases are expected to be diagnosed in the US, an increase compared to more than 1.8 million new cancer cases diagnosed in 2020. Therefore, the rising prevalence of cancer is driving the growth of the liposomal doxorubicin market.
Introduction Of Advanced Drug Delivery Systems To Enhance The Efficiency And Precision Of Drug Delivery
Major companies operating in the liposomal doxorubicin market are focusing on developing enhanced drug delivery systems, such as PEGylated liposomes to improve the pharmacokinetics and biodistribution of doxorubicin, leading to better patient outcomes. These innovations enhance the efficiency and precision of drug delivery, ensuring that medications are more effectively targeted to cancer cells while minimizing side effects. For instance, in May 2022, Accord Healthcare Limited, a US-based pharmaceutical company, launched Zolsketil, a pegylated liposomal 2mg/ml concentrate for dispersion for infusion. This product is a generic version of the cancer medication doxorubicin, which is commonly used to treat various types of cancer.
The liposomal doxorubicin market covered in this report is segmented -
1) By Product: Doxil Or Caelyx, Lipodox, Myocet, Other Products
2) By Route Of Administration: Parenteral, Other Routes Of Administration
3) By Application: Leukemia, Bone Sarcoma, Breast Cancer, Endometrial Cancer, Kidney Cancer, Multiple Myeloma, Kaposi Sarcoma, Other Applications
4) By End-Users: Hospitals, Homecare, Other End-Users
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Major companies operating in the liposomal doxorubicin market are Pfizer Inc., Johnson & Johnson, AbbVie Inc., AstraZeneca plc, Takeda Pharmaceutical Company, Eli Lilly and Company, Amgen Inc., Teva Pharmaceutical Industries Ltd, Baxter International Inc., Astellas Pharma, Sun Pharmaceutical Industries Ltd, Jazz Pharmaceuticals, Cipla Inc., Endo Pharmaceuticals, Lupin Limited, Mallinckrodt Pharmaceuticals, Zydus Cadila, Accord Healthcare Limited, Shanghai Fudan-zhangjiang Bio-Pharmaceutical Co.Ltd, TTY Biopharm Company Limited, SRS Life Sciences
Contents of the report:
1. Executive Summary
2. Liposomal Doxorubicin Market Report Structure
3. Liposomal Doxorubicin Market Trends And Strategies
4. Liposomal Doxorubicin Market - Macro Economic Scenario
5. Liposomal Doxorubicin Market Size And Growth
…..
27. Liposomal Doxorubicin Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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