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Growing Pancreatic Cancer Cases : Pivotal Factor Influencing Pancreatic Cancer Drugs Market Growth in 2025
Pancreatic Cancer Drugs
Pancreatic Cancer Drugs Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for pancreatic cancer drugs has seen consistent growth over the past few years. An escalation from $3.96 billion in 2024 to $4.1 billion in 2025 is projected, marking a compound annual growth rate (CAGR) of 3.6%. The notable growth during the historic period is primarily due to thriving economies in emerging markets, growing aging demographic, and a rise in the incidence of pancreatic cancer.
Pancreatic Cancer Drugs Market Size Forecast: What's the Projected Valuation by 2029?
The market size for pancreatic cancer treatments is anticipated to experience consistent upward momentum in the coming years, expanding to reach a total of $4.76 billion in 2029 with a compounded annual growth rate (CAGR) of 3.8%. This projected prolific growth in the forecast period is largely attributed to factors such as the escalating incidence of cancer, heightened healthcare-related spending, and amplified government support. Notable trends within this forecast period include the concentration on the development of novel pancreatic cancer drugs, emphasis on innovative nanomedicine treatments, mounting investments, strategic collaborations, and product innovations.
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What Are the Drivers Transforming the Pancreatic Cancer Drugs Market?
The growth of the pancreatic cancer drugs market is anticipated to be fueled by the rising prevalence of pancreatic cancer. The surge in pancreatic cancer cases is expected to escalate the demand for drugs, which will further stimulate market growth. The surge in cancer cases is primarily attributed to the growing elderly population and a rise in obesity incidences. For instance, the American Cancer Society predicts that in 2023, around 64,050 people (consisting of 33,130 men and 30,920 women) will be diagnosed with pancreatic cancer. Moreover, about 50,550 people (including 26,620 men and 23,930 women) are expected to succumb to pancreatic cancer.
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What Long-Term Trends Will Define the Future of the Pancreatic Cancer Drugs Market?
One of the most recent trends in the pancreatic cancer drugs market is the shift towards combination therapy rather than monotherapy. Key players in this sector recognize that using a mix of two or more drugs can enhance the effectiveness of the treatments, leading to an increased survival rate among those diagnosed with pancreatic cancer. Companies such as Rafael Pharmaceuticals have embarked on the journey of combination therapy, initiating the Pivotal Phase 3 Trial (AVENGER 500) where CPI-613 (delimitate) is used in conjunction with Modified FOLFIRINOX as the initial treatment for patients with Metastatic Pancreatic Cancer. Apexigen, Inc., a firm in the clinical-stage biopharmaceutical industry, announced the disclosure of new clinical data regarding the combined usage of APX005M in patients suffering from metastatic pancreatic cancer.
Which Segments in the Pancreatic Cancer Drugs Market Offer the Most Profit Potential?
The pancreatic cancer drugs market covered in this report is segmented -
1) By Type: Pancreatic Neuroendocrine Cancer Drugs, Pancreatic Exocrine Cancer Drugs
2) By Drug Combination: Single, Double, Triplet, Quadruplet
3) By End User: Hospital Pharmacies, Retail Pharmacies, Other End-Users
Subsegments:
1) By Pancreatic Neuroendocrine Cancer Drugs: Somatostatin Analogs, Targeted Therapy Drugs, Chemotherapy Agents
2) By Pancreatic Exocrine Cancer Drugs: Chemotherapy Agents, Targeted Therapy Drugs, Immunotherapy Drugs
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Which Firms Dominate the Pancreatic Cancer Drugs Market by Market Share and Revenue in 2025?
Major companies operating in the pancreatic cancer drugs market include Bristol-Myers Squibb Company, Pfizer Inc., AstraZeneca PLC, F. Hoffmann-La Roche AG, Novartis AG, Abbvie Inc., Merck & Co., Inc., Teva Pharmaceutical Industries, Amgen Incorporation, Eli Lilly And Company, Beigene, Chi-Med, Cstone Pharmaceuticals, Voxtur Bio Ltd, Shantu Pharma, Krushi Mitra, Kremedine Health Private Limited, Arlak Biotech, Healthkind Labs Pvt. Ltd, Swisschem Healthcare Pvt Ltd, Apikos Pharma, GlaxoSmithKline Plc, Veropharm, Biocad, Celon Pharma, Celgene Corporation, Johnson & Johnson, Bayer AG, Tabuk Pharmaceuticals, Julphar Life Sciences, Eurolab, Sanofi, Aspen, Zahraa Oncology
Which Regions Offer the Highest Growth Potential in the Pancreatic Cancer Drugs Market?
North America was the largest region in the pancreatic cancer drugs market in 2024. Middle East is expected to be the fastest-growing region in the global pancreatic cancer drugs market share during the forecast period. The regions covered in the pancreatic cancer drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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