Press release
Global Targeted Therapy Market: An Industry Growth Review for 2025
What Is The Projected Market Size Of The Global Targeted Therapy Market And Its Growth Rate?
• The targeted therapy market is predicted to grow from $103.84 billion in 2024 to $111.47 billion in 2025, marking a CAGR of 7.3%.
• The market has shown strong growth recently, due to advancements in molecular biology and increasing cancer cases.
• The targeted therapy market expected to expand to $151.48 billion in 2029 at a CAGR of 8.0%, due to escalating oncology research, demand for precision medicine, and increasing investment in biopharmaceuticals.
What Is Driving The Growth In The Targeted Therapy Market?
The increasing prevalence of cancer is expected to drive the targeted therapy market forward. With the ability to specifically target genes and proteins that support the growth and survival of cancer cells, targeted therapy is experiencing increasing demand. For instance, in January 2024, the American Cancer Society reported an increase in cancer cases to 2,001,140 compared to 1,958,310 in 2023, demonstrating a growth of 2.19%. This rise in cancer cases is a primary factor stimulating growth in the targeted therapy market.
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Who Are the Key Players Driving Targeted Therapy Market Growth?
• Pfizer Inc.
• Johnson & Johnson
• F. Hoffmann-La Roche Ltd
• Merck & Co Inc.
• AbbVie Inc.
• Bayer AG
• Novartis AG
• Sanofi SA
• Bristol Myers Squibb
• AstraZeneca
• GlaxoSmithKline plc
• Takeda Pharmaceutical Company Limited
• Eli Lilly and Company
• Gilead Sciences Inc.
• Amgen Inc.
• Genmab A/S
• Regeneron Pharmaceuticals Inc.
• Biogen Inc.
• Vertex Pharmaceuticals Incorporated
• Agilent Technologies Inc.
• Illumina Inc.
• Incyte Corporation
• Sysmex Corporation
• Exact Sciences Corporation
• Seagen Inc.
• Exelixis Inc.
• Seattle Genetics Inc.
• Genentech Inc.
• Daiichi Sankyo Company Limited
What Are The Key Trends In The Targeted Therapy Market?
• Integration of artificial intelligence (AI) in drug discovery
• Greater patient advocacy and involvement in treatment decisions
• Expansion of companion diagnostics
• Regulatory support for expedited approvals
• Rising investment in biotechnology and pharmaceutical sectors
What Are The Segments Of The Global Targeted Therapy Market?
• By Type: Small Molecule Medicines, Monoclonal Antibodies
• By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
• By Application: Breast Cancer, Colorectal Cancer, Leukemia, Lung Cancer, Lymphoma, Renal Cancer, Other Applications
Which Region Is Leading The Targeted Therapy Market?
North America led the targeted therapy market in 2024. Other regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Targeted Therapy Global Market Report 2025?
- Market Size Analysis: Analyze the Targeted Therapy Global Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Targeted Therapy Global Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Targeted Therapy Global Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Targeted Therapy Global Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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