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What's Driving the Imfinzi (durvalumab) Market 2025-2034: Impact Of Rising Cancer Incidence On The Future Growth Of The Avelumab Market

02-18-2025 06:22 AM CET | Health & Medicine

Press release from: The Business Research Company

Imfinzi (durvalumab) Market

Imfinzi (durvalumab) Market

What Are the Projections for the Size and Growth Rate of the Imfinzi (durvalumab) Market?
In the last few years, the market size of imfinzi (durvalumab) has seen a dramatic surge. It is projected to increase from $2,701.22 million in 2024 to $3,013.33 million in 2025, having a compound annual growth rate (CAGR) of 11.6%. Factors like expanded indications and approvals, the growing demand for targeted and personalized treatments, advances in immunotherapy, and increased patient desire for immunotherapies are the reasons behind the growth observed in the historic period.

It is anticipated that the market size of Imfinzi (durvalumab) will experience a steady rise in the upcoming years. The growth is expected to reach $4,143.36 million in 2029 with a compound annual growth rate (CAGR) of 11.3%. This anticipated growth during the forecast period is due to the increased use of combination therapies, expansion of pharmaceutical research and development, surging cancer incidences, growing preference for immunotherapy, expanding regulatory presence, and rising investments in healthcare infrastructures. The forecast period is also expected to witness a surge in practices like the adoption of personalized medicine techniques, a concentration on personalized medicine, the utilization of biosimilars, the incorporation of artificial intelligence and machine learning, as well as strategic collaborations among pharmaceutical companies.

What Are the Main Catalysts for Growth in the Imfinzi (durvalumab) Market?
The escalating rates of cancer are anticipated to spur the expansion of the Imfinzi (durvalumab) market. Cancer constitutes a collection of diseases typified by the uncontrolled proliferation and invasion of abnormal cells in the body, capable of destroying normal tissues. The booming rate of cancer is primarily attributable to an aging demographic, since the likelihood of cancer increases with age, and lifestyle determinants such as smoking, inadequate diet, and excess weight, known to result in higher cancer occurrences. Durvalumab (Imfinzi) can combat cancer by blocking the PD-L1 protein, thereby stopping cancer cells from eluding detection by the immune system. For example, as per the National Cancer Institute (NIH), a US-based government entity, there were 18.1 million cancer survivors in the U.S. in 2022, projected to surge to 22.5 million by 2032. Thus, the escalating rate of cancer is propelling the Imfinzi (durvalumab) market. The emergence of individualized medicine is perpetuating the growth of the Imfinzi (durvalumab) market. Personalized medicine constitutes a form of healthcare that modifies treatment strategies to align with the unique attributes of each patient, such as genetic configuration, environment, and lifestyle, resulting in the most efficient and accurate results. The surge in personalized medicine is due to advancements in genomic technologies, an increased comprehension of molecular biology, a more widespread availability of diagnostic precision tools, and the need for targeted therapies that optimize patient outcomes while limiting side effects. Imfinzi (durvalumab) promotes personalized medicine by enabling bespoke immunotherapy treatments for cancer patients, depending on the specific tumor biology and immune system functioning. This not only enhances treatment efficiency but also minimizes any unnecessary side effects. For instance, according to the Personalized Medicine Coalition, a representative organization based in the U.S., in 2022, the FDA authorized personalized medicines for 34% of newly developed drugs, and in the preceding eight years, they were approved for at least 25% of new drugs. Hence, the advent of personalized medicine is driving the Imfinzi (durvalumab) market.

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Which Businesses Are at the Forefront of Imfinzi (durvalumab) Market Development?
Major companies operating in the imfinzi (durvalumab) market include AstraZeneca PLC.

What Are the Latest Innovations in the Imfinzi (durvalumab) Market?
One primary trend in the imfinzi (durvalumab) market is centered around pursuing regulatory approvals to diversify its usage for different types of cancer, augment its clinical indicators, and extend its reach in the market. Regulatory approvals are official permissions given by health regulatory bodies like the U.S. Food and Drug Administration (FDA) or the European Medicines Agency (EMA), allowing a drug, medical device, or treatment to be marketed and used in specified areas. An illustration of such approval was seen in September 2022, when UK-based pharmaceutical company AstraZeneca obtained FDA endorsement for durvalumab (Imfinzi) to treat locally advanced or metastatic biliary tract cancer (BTC) in adults. This endorsement was based on the findings of the TOPAZ-1 trial. This crucial trial showed that durvalumab, used alongside gemcitabine and cisplatin, improved overall survival (12.8 months as opposed to 11.5 months for a placebo) and progression-free survival (7.2 months as compared to 5.7 months). The study involved 685 patients with various forms of BTC and usual side effects included fatigue, nausea, and abdominal pain. The advised dosage stands at 1,500 mg every three weeks during combined therapy, followed by monotherapy every four weeks.

How Is the Imfinzi (durvalumab) Market Segmented?
The imfinzi (durvalumab)market covered in this report is segmented -

1) By Type: 2.4mL Injection; 10mL Injection
2) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies
3) By Application: Locally Advanced Urothelial Carcinoma; Metastatic Urothelial Carcinoma; Other Applications

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Where Is the Imfinzi (durvalumab) Market Growth Most Prominent?
North America was the largest region in the imfinzi (durvalumab) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the imfinzi (durvalumab) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Imfinzi (durvalumab) Global Market Report?

- Market Size Analysis: Analyze the imfinzi (durvalumab) Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the imfinzi (durvalumab) 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 imfinzi (durvalumab) market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the imfinzi (durvalumab) market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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