Press release
Prominent Keytruda Market Trend for 2025: Advancing Treatment Options With Pembrolizumab In Gastric Cancer
"What Are the Projected Growth and Market Size Trends for the Keytruda Market?The market size for Keytruda has witnessed significant and swift expansion within the recent years. Forecasted data shows size advancement from $21.6 billion in 2024 to $23.8 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 10.2%. The notable growth found in this historic period links to factors such as improved patient experiences, rising adoption rates of immunotherapy, amplified research and development efforts, better patient compliance, and a boosted inclination towards the use of Keytruda.
There is anticipation for robust expansion in the Keytruda market over the upcoming years, with a growth projection to reach $34.61 billion by the year 2029, reflecting a compound annual growth rate (CAGR) of 9.8%. The accelerating growth during this period can be tied to various factors such as growing indications, newly emerging markets, a rising number of cancer cases, heightened healthcare spending, and an increased need for precision medicine. Distinct trends like the interest in targeted therapies, the progress in immunotherapy, advances in diagnostic technologies, escalating demand for cancer treatment, and breakthroughs in cancer research are forecasted to significantly influence the market within this period.
What Factors Are Propelling the Expansion of the Keytruda Market?
The escalating rates of cancer are anticipated to stimulate the expansion of the keytruda market in the future. Cancer represents a multifaceted collection of diseases, distinguished by anomalous cell growth and spread. The emergence of cancer is subject to genetic, lifestyle, environment, and hormonal factors. By enlisting the body's immune system to combat cancer cells more effectively, Keytruda (pembrolizumab) has become instrumental in cancer treatment. It constitutes a significant break through in treating cancer by utilizing the immune system's power to pinpoint and assault cancer cells. This tactic provides renewed optimism for numerous patients suffering from advanced or metastatic cancers. For instance, in January 2024, the American Cancer Society, a nonprofit advocate for cancer based in the US, reported an escalation in cancer cases to 2,001,140, up from 1,958,310 in 2023, a growth of 2.19%. Consequently, the escalating rates of cancer are driving the growth of the keytruda market.
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Which Leading Companies Are Shaping the Growth of the Keytruda Market?
Major companies operating in the keytruda market are Pfizer Inc., Johnson & Johnson Services Inc., Roche Holding AG, Merck & Co. Inc., AbbVie Inc., Sanofi S.A., Novartis AG, AstraZeneca PLC, Bristol-Myers Squibb Company, Eli Lilly and Company, Amgen Inc., Gilead Sciences Inc., Teva Pharmaceutical Industries Ltd., Biogen Inc., Chugai Pharmaceutical Co. Ltd., BioNTech AG, Organon Co., Ono Pharmaceutical Co. Ltd., Samsung Bioepis Co. Ltd., Fate Therapeutics Inc., Merck Sharp & Dohme Corp., KinBio, Schering-Plough AB, LGM Pharma LLC, Gritstone Bio Inc.
What Are the Major Trends Shaping the Keytruda Market?
Major firms active in the Keytruda market are creating unique products such as pembrolizumab to broaden treatment availability. Pembrolizumab, a type of drug known as an immune checkpoint inhibitor, is a monoclonal antibody treatment sold under the Keytruda brand name. This medication targets and inhibits a protein known as PD-1 (programmed cell death protein 1), which is found on T cells of the immune system. For example, in November 2023, the U.S-based company Merck, a Keytruda producer, launched KEYTRUDA (pembrolizumab) combined with fluoropyrimidine- and platinum-based chemotherapy, with the approval of the Food and Drug Administration, a government agency of the United States. Compared to standalone chemotherapy, this combination has proven considerable enhancements in overall survival and progression-free survival, demonstrating its potential as a significant development in the treatment of gastric cancer. Additionally, clinical trials have shown that this combined therapy improves the overall survival rate, progression-free survival rate, and overall response rate compared to chemotherapy alone.
What Are the Key Segments of the Keytruda Market?
The keytruda market covered in this report is segmented -
1) By Cancer Type: Melanoma, Lung Cancer, Head And Neck Cancer, Hodgkin Lymphoma, Stomach Cancer, Urothelial Carcinoma
2) By Payer Type: Commercial, Medicare, Medicaid
3) By Distribution Channel: Hospital Pharmacies, Specialty Pharmacies
Subsegments:
1) By Melanoma: Advanced Or Unresectable Melanoma, Adjuvant Treatment For Melanoma
2) By Lung Cancer: Non-Small Cell Lung Cancer (NSCLC), Small Cell Lung Cancer (SCLC)
3) By Head And Neck Cancer: Squamous Cell Carcinoma Of The Head And Neck (SCCHN), Recurrent Or Metastatic Head And Neck Cancer
4) By Hodgkin Lymphoma: Classical Hodgkin Lymphoma, Relapsed Or Refractory Hodgkin Lymphoma
5) By Stomach Cancer: Advanced Or Metastatic Gastric Cancer, Esophagogastric Junction Cancer
6) By Urothelial Carcinoma: Advanced Or Metastatic Urothelial Carcinoma, Muscle-Invasive Bladder Cancer
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Which Region Dominates the Keytruda Market?
North America was the largest region in the keytruda market in 2023. The regions covered in the keytruda market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Keytruda Global Market Report?
- Market Size Analysis: Analyze the Keytruda Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Keytruda 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 Keytruda Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Keytruda Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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