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Pemetrexed Market Growth Analysis & Forecast (2024-2032)
The Pemetrexed Market refers to the manufacture, supply and consumption of pemetrexed as a chemotherapeutic agent that is prescribed mainly for NSCLC and mesothelioma.
IMR Group
Description
Pemetrexed Market Synopsis:
Pemetrexed Market Size Was Valued at USD 2,543.6 Million in 2023, and is Projected to Reach USD 3,104.8 Million by 2032, Growing at a CAGR of 2.24% From 2024-2032.
The Pemetrexed Market refers to the manufacture, supply and consumption of pemetrexed as a chemotherapeutic agent that is prescribed mainly for NSCLC and mesothelioma. Pemetrexed is an antifolate which interferes with enzymes of node importance for cancer cell’s replication- the DNA and RNA synthesis.
Awareness of the pemetrexed has grown considerably because of two primary malignancy types: NSCLC and MPM. The afore-said facet makes it an effective antifolate together with its compatibility with other therapies has ensured that it is used widely in oncology protocols all over the world. There is constant market growth due to higher incidence of lung cancer and mesothelioma, which is associated with smoking, air pollution and occupational exposure to asbestos. In addition, advancements in diagnostics have boosted the chances of early diagnosis hence high demand is being realized.
Some of the market threats include generating generic pemetrexed due to other expiring key patents to increase the pressure towards new drug pricing. However, steady research to extend its applicability across other cancers and advancements in formulation act as strong rays of future growth. In addition, the increasing prevalence of combination therapies, pemetrexed is a component in this therapy, it points to the trend of a constant update of cancer therapies to ensure that they retain a market relevance.
Pemetrexed Market Trend Analysis:
Increasing Use in Combination Therapies
A clear trend towards constructing combination therapies involving pemetrexed due to the effectiveness of the approach on improving outcomes of treatment. These therapies frequently associate pemetrexed with immune checkpoint inhibitors or other chemotherapeutic drugs so that these drugs affect multidirectional processes in cancer development. For example, pemetrexed plus pembrolizing, immunotherapy has been reported to improve the survival of low and marginal NSCLC patients.
Trend adopted is changing the treatment paradigm because it does away with the drawbacks of single agent therapy including, development of resistance and subpar results seen in patients with a higher stage of cancer. While clinical trial investments also pay for combinations confirming their validity for new product approvals and broadened indications, pemetrexed will remain relevant for oncology applications.
Expansion into Emerging Markets
Favourable emerging markets in Asia-Pacific, Latin America and Middle East region hold lot of growth prospects for the pemetrexed market. High incidences of cancer across the globe, better access to healthcare facilities and awareness regarding screen avoiding various types of cancer are some of the engines of growth of this market in these regions. For example, India and increasingly China show a growing trend of lung cancer due to industrialization and Urbanization and higher smoking prevalence.
Governments in these regions are also directing a massive amount towards their respective healthcare systems that allows access to several forms of effective cancer treatments. The existence of cheaper generic drugs of pemetrexed for these low-priced healthcare markets also plays for the same adding to its importance in cancer treatment around the world.
Pemetrexed Market Segment Analysis:
Pemetrexed Market is Segmented on the basis of Indication, Dosage Form, Distribution Channel, End User, and Region.
By Indication, Non-Small Cell Lung Cancer (NSCLC) segment is expected to dominate the market during the forecast period
The largest application of the pemetrexed is in NSCLC segment owing to the increased incidences and deaths caused by non-small cell lung cancer. Pemetrexed is frequently incorporated in initial-line therapy for NSCLC in company with cisplatin or other immunotherapeutic compounds evidencing its role in NSCLC treatment. The recent and future developments in molecular diagnostics and pharmacogenomics add a ‘talking point’ to its use in precision medicine.
In Malignant Pleural Mesothelioma, there is a variety of treatments, though pemetrexed has remained an important drug now commonly administered together with cisplatin. Even though mesothelioma is less common than NSCLC, its relation to occupational risk factors including exposure to carcinogenic agents like asbestos guarantees customer demand to products that can successfully treat this type of cancer. Off label uses fall under “Others” and are being widely embraced as clinical trials seek to establish its applicability to other cancer types.
By End User, Hospitals segment expected to held the largest share
Chemotherapy centers have the highest proportion in the pemetrexed market since they are primary treatment facilities that offer hospitals. The specific oncology departments and access to different pemetrexed treatment protocols guarantee that the role of hospitals will continue to remain the most significant distribution influence.
Specialty Clinics and Ambulatory Surgical Centers (ASCs) are coming more to popularity because of the tendency for outpatient cancer therapy. These are healthcare facilities for curative purposes providing individualized care with cheaper charges than hospitals as seen with shallow patients. The growth and development of ASCs are further observed in developed regional areas; reimbursement policies encouraging and technological improvements.
Pemetrexed Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
North America is the biggest market for pemetrexed attributable to its well-developed healthcare system, high incidence of lung cancer and substantial focus on the development of cancer therapies. Among these, more than a quarter is taken up by America because of major industry actors and high rates of preferential use of advanced antitumor treatments.
Besides, a favourable reimbursement policies regime and well defined and consistent regulatory structure also supports this market in the same region. New clinical trial data underway investigating additional uses of pemetrexed and increasing adoption rates of combination therapies will continue to sustain North America’s stronghold over the global market.
Active Key Players in the Pemetrexed Market:
Eli Lilly and Company (United States)
Dr. Reddy’s Laboratories (India)
Fresenius Kabi (Germany)
Teva Pharmaceutical Industries Ltd. (Israel)
Sandoz International GmbH (Germany)
Sun Pharmaceutical Industries Ltd. (India)
Mylan N.V. (Viatris) (United States)
Accord Healthcare (United Kingdom)
Pfizer Inc. (United States)
Hikma Pharmaceuticals (United Kingdom)
Cipla Limited (India)
Apotex Inc. (Canada), and Other Active Players
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter’s Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Pemetrexed Market by Type
4.1 Pemetrexed Market Snapshot and Growth Engine
4.2 Pemetrexed Market Overview
4.3 Standard Pen Needles
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Standard Pen Needles: Geographic Segmentation Analysis
4.4 Safety Pen Needles
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Safety Pen Needles: Geographic Segmentation Analysis
Chapter 5: Pemetrexed Market by Length
5.1 Pemetrexed Market Snapshot and Growth Engine
5.2 Pemetrexed Market Overview
5.3 Short Pen Needles
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Short Pen Needles: Geographic Segmentation Analysis
5.4 Long Pen Needles
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Long Pen Needles: Geographic Segmentation Analysis
Chapter 6: Pemetrexed Market by Gauge
6.1 Pemetrexed Market Snapshot and Growth Engine
6.2 Pemetrexed Market Overview
6.3 31 Gauge
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 31 Gauge: Geographic Segmentation Analysis
6.4 32 Gauge
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 32 Gauge: Geographic Segmentation Analysis
6.5 33 Gauge
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 33 Gauge: Geographic Segmentation Analysis
6.6 34 Gauge
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 34 Gauge: Geographic Segmentation Analysis
6.7 35 Gauge
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 35 Gauge: Geographic Segmentation Analysis
Chapter 7: Pemetrexed Market by Application
7.1 Pemetrexed Market Snapshot and Growth Engine
7.2 Pemetrexed Market Overview
7.3 Diabetes
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Diabetes: Geographic Segmentation Analysis
7.4 Growth Hormone Therapy
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Growth Hormone Therapy: Geographic Segmentation Analysis
7.5 Fertility Treatment
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Fertility Treatment: Geographic Segmentation Analysis
7.6 Other
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Other: Geographic Segmentation Analysis
Chapter 8: Pemetrexed Market by End-User
8.1 Pemetrexed Market Snapshot and Growth Engine
8.2 Pemetrexed Market Overview
8.3 Hospitals
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
8.3.3 Key Market Trends, Growth Factors and Opportunities
8.3.4 Hospitals: Geographic Segmentation Analysis
8.4 Homecare
8.4.1 Introduction and Market Overview
8.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
8.4.3 Key Market Trends, Growth Factors and Opportunities
8.4.4 Homecare: Geographic Segmentation Analysis
8.5 Clinics
8.5.1 Introduction and Market Overview
8.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
8.5.3 Key Market Trends, Growth Factors and Opportunities
8.5.4 Clinics: Geographic Segmentation Analysis
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Benchmarking
9.1.2 Pemetrexed Market Share by Manufacturer (2023)
9.1.3 Industry BCG Matrix
9.1.4 Heat Map Analysis
9.1.5 Mergers and Acquisitions
9.2 ELI LILLY AND COMPANY (UNITED STATES)
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Role of the Company in the Market
9.2.5 Sustainability and Social Responsibility
9.2.6 Operating Business Segments
9.2.7 Product Portfolio
9.2.8 Business Performance
9.2.9 Key Strategic Moves and Recent Developments
9.2.10 SWOT Analysis
9.3 DR. REDDY’S LABORATORIES (INDIA)
9.4 FRESENIUS KABI (GERMANY)
9.5 TEVA PHARMACEUTICAL INDUSTRIES LTD. (ISRAEL)
9.6 SANDOZ INTERNATIONAL GMBH (GERMANY)
9.7 SUN PHARMACEUTICAL INDUSTRIES LTD. (INDIA)
9.8 MYLAN N.V. (VIATRIS) (UNITED STATES)
9.9 ACCORD HEALTHCARE (UNITED KINGDOM)
9.10 PFIZER INC. (UNITED STATES)
9.11 HIKMA PHARMACEUTICALS (UNITED KINGDOM)
9.12 CIPLA LIMITED (INDIA)
9.13 APOTEX INC. (CANADA)
9.14 OTHER ACTIVE PLAYERS
Chapter 10: Global Pemetrexed Market By Region
10.1 Overview
10.2. North America Pemetrexed Market
10.2.1 Key Market Trends, Growth Factors and Opportunities
10.2.2 Top Key Companies
10.2.3 Historic and Forecasted Market Size by Segments
10.2.4 Historic and Forecasted Market Size By Type
10.2.4.1 Standard Pen Needles
10.2.4.2 Safety Pen Needles
10.2.5 Historic and Forecasted Market Size By Length
10.2.5.1 Short Pen Needles
10.2.5.2 Long Pen Needles
10.2.6 Historic and Forecasted Market Size By Gauge
10.2.6.1 31 Gauge
10.2.6.2 32 Gauge
10.2.6.3 33 Gauge
10.2.6.4 34 Gauge
10.2.6.5 35 Gauge
10.2.7 Historic and Forecasted Market Size By Application
10.2.7.1 Diabetes
10.2.7.2 Growth Hormone Therapy
10.2.7.3 Fertility Treatment
10.2.7.4 Other
10.2.8 Historic and Forecasted Market Size By End-User
10.2.8.1 Hospitals
10.2.8.2 Homecare
10.2.8.3 Clinics
10.2.9 Historic and Forecast Market Size by Country
10.2.9.1 US
10.2.9.2 Canada
10.2.9.3 Mexico
10.3. Eastern Europe Pemetrexed Market
10.3.1 Key Market Trends, Growth Factors and Opportunities
10.3.2 Top Key Companies
10.3.3 Historic and Forecasted Market Size by Segments
10.3.4 Historic and Forecasted Market Size By Type
10.3.4.1 Standard Pen Needles
10.3.4.2 Safety Pen Needles
10.3.5 Historic and Forecasted Market Size By Length
10.3.5.1 Short Pen Needles
10.3.5.2 Long Pen Needles
10.3.6 Historic and Forecasted Market Size By Gauge
10.3.6.1 31 Gauge
10.3.6.2 32 Gauge
10.3.6.3 33 Gauge
10.3.6.4 34 Gauge
10.3.6.5 35 Gauge
10.3.7 Historic and Forecasted Market Size By Application
10.3.7.1 Diabetes
10.3.7.2 Growth Hormone Therapy
10.3.7.3 Fertility Treatment
10.3.7.4 Other
10.3.8 Historic and Forecasted Market Size By End-User
10.3.8.1 Hospitals
10.3.8.2 Homecare
10.3.8.3 Clinics
10.3.9 Historic and Forecast Market Size by Country
10.3.9.1 Russia
10.3.9.2 Bulgaria
10.3.9.3 The Czech Republic
10.3.9.4 Hungary
10.3.9.5 Poland
10.3.9.6 Romania
10.3.9.7 Rest of Eastern Europe
10.4. Western Europe Pemetrexed Market
10.4.1 Key Market Trends, Growth Factors and Opportunities
10.4.2 Top Key Companies
10.4.3 Historic and Forecasted Market Size by Segments
10.4.4 Historic and Forecasted Market Size By Type
10.4.4.1 Standard Pen Needles
10.4.4.2 Safety Pen Needles
10.4.5 Historic and Forecasted Market Size By Length
10.4.5.1 Short Pen Needles
10.4.5.2 Long Pen Needles
10.4.6 Historic and Forecasted Market Size By Gauge
10.4.6.1 31 Gauge
10.4.6.2 32 Gauge
10.4.6.3 33 Gauge
10.4.6.4 34 Gauge
10.4.6.5 35 Gauge
10.4.7 Historic and Forecasted Market Size By Application
10.4.7.1 Diabetes
10.4.7.2 Growth Hormone Therapy
10.4.7.3 Fertility Treatment
10.4.7.4 Other
10.4.8 Historic and Forecasted Market Size By End-User
10.4.8.1 Hospitals
10.4.8.2 Homecare
10.4.8.3 Clinics
10.4.9 Historic and Forecast Market Size by Country
10.4.9.1 Germany
10.4.9.2 UK
10.4.9.3 France
10.4.9.4 The Netherlands
10.4.9.5 Italy
10.4.9.6 Spain
10.4.9.7 Rest of Western Europe
10.5. Asia Pacific Pemetrexed Market
10.5.1 Key Market Trends, Growth Factors and Opportunities
10.5.2 Top Key Companies
10.5.3 Historic and Forecasted Market Size by Segments
10.5.4 Historic and Forecasted Market Size By Type
10.5.4.1 Standard Pen Needles
10.5.4.2 Safety Pen Needles
10.5.5 Historic and Forecasted Market Size By Length
10.5.5.1 Short Pen Needles
10.5.5.2 Long Pen Needles
10.5.6 Historic and Forecasted Market Size By Gauge
10.5.6.1 31 Gauge
10.5.6.2 32 Gauge
10.5.6.3 33 Gauge
10.5.6.4 34 Gauge
10.5.6.5 35 Gauge
10.5.7 Historic and Forecasted Market Size By Application
10.5.7.1 Diabetes
10.5.7.2 Growth Hormone Therapy
10.5.7.3 Fertility Treatment
10.5.7.4 Other
10.5.8 Historic and Forecasted Market Size By End-User
10.5.8.1 Hospitals
10.5.8.2 Homecare
10.5.8.3 Clinics
10.5.9 Historic and Forecast Market Size by Country
10.5.9.1 China
10.5.9.2 India
10.5.9.3 Japan
10.5.9.4 South Korea
10.5.9.5 Malaysia
10.5.9.6 Thailand
10.5.9.7 Vietnam
10.5.9.8 The Philippines
10.5.9.9 Australia
10.5.9.10 New Zealand
10.5.9.11 Rest of APAC
10.6. Middle East & Africa Pemetrexed Market
10.6.1 Key Market Trends, Growth Factors and Opportunities
10.6.2 Top Key Companies
10.6.3 Historic and Forecasted Market Size by Segments
10.6.4 Historic and Forecasted Market Size By Type
10.6.4.1 Standard Pen Needles
10.6.4.2 Safety Pen Needles
10.6.5 Historic and Forecasted Market Size By Length
10.6.5.1 Short Pen Needles
10.6.5.2 Long Pen Needles
10.6.6 Historic and Forecasted Market Size By Gauge
10.6.6.1 31 Gauge
10.6.6.2 32 Gauge
10.6.6.3 33 Gauge
10.6.6.4 34 Gauge
10.6.6.5 35 Gauge
10.6.7 Historic and Forecasted Market Size By Application
10.6.7.1 Diabetes
10.6.7.2 Growth Hormone Therapy
10.6.7.3 Fertility Treatment
10.6.7.4 Other
10.6.8 Historic and Forecasted Market Size By End-User
10.6.8.1 Hospitals
10.6.8.2 Homecare
10.6.8.3 Clinics
10.6.9 Historic and Forecast Market Size by Country
10.6.9.1 Turkiye
10.6.9.2 Bahrain
10.6.9.3 Kuwait
10.6.9.4 Saudi Arabia
10.6.9.5 Qatar
10.6.9.6 UAE
10.6.9.7 Israel
10.6.9.8 South Africa
10.7. South America Pemetrexed Market
10.7.1 Key Market Trends, Growth Factors and Opportunities
10.7.2 Top Key Companies
10.7.3 Historic and Forecasted Market Size by Segments
10.7.4 Historic and Forecasted Market Size By Type
10.7.4.1 Standard Pen Needles
10.7.4.2 Safety Pen Needles
10.7.5 Historic and Forecasted Market Size By Length
10.7.5.1 Short Pen Needles
10.7.5.2 Long Pen Needles
10.7.6 Historic and Forecasted Market Size By Gauge
10.7.6.1 31 Gauge
10.7.6.2 32 Gauge
10.7.6.3 33 Gauge
10.7.6.4 34 Gauge
10.7.6.5 35 Gauge
10.7.7 Historic and Forecasted Market Size By Application
10.7.7.1 Diabetes
10.7.7.2 Growth Hormone Therapy
10.7.7.3 Fertility Treatment
10.7.7.4 Other
10.7.8 Historic and Forecasted Market Size By End-User
10.7.8.1 Hospitals
10.7.8.2 Homecare
10.7.8.3 Clinics
10.7.9 Historic and Forecast Market Size by Country
10.7.9.1 Brazil
10.7.9.2 Argentina
10.7.9.3 Rest of SA
Chapter 11 Analyst Viewpoint and Conclusion
11.1 Recommendations and Concluding Analysis
11.2 Potential Market Strategies
Chapter 12 Research Methodology
12.1 Research Process
12.2 Primary Research
12.3 Secondary Research
Q1: What would be the forecast period in the Pemetrexed Market research report?
A1: The forecast period in the Pemetrexed Market research report is 2024-2032.
Q2: Who are the key players in the Pemetrexed Market?
A2: Eli Lilly and Company (United States), Dr. Reddy’s Laboratories (India), Fresenius Kabi (Germany), Teva Pharmaceutical Industries Ltd. (Israel), Sandoz International GmbH (Germany), Sun Pharmaceutical Industries Ltd. (India), Mylan N.V. (Viatris) (United States), Accord Healthcare (United Kingdom), Pfizer Inc. (United States), Hikma Pharmaceuticals (United Kingdom), Cipla Limited (India), Apotex Inc. (Canada), and Other Active Players.
Q3: What are the segments of the Pemetrexed Market?
A3: The Pemetrexed Market is segmented into Indication, Dosage Form, Distribution Channel, End User, and Region. By Indication, the market is categorized into Non-Small Cell Lung Cancer (NSCLC), Malignant Pleural Mesothelioma, Others. By Dosage Form, the market is categorized into Injectable, Tablet. By Distribution Channel, the market is categorized into Hospital Pharmacies, Retail Pharmacies, Online Pharmacies. By End User, the market is categorized into Hospitals, Specialty Clinics, Ambulatory Surgical Centers. By region, it is analyzed across North America (U.S., Canada, Mexico), Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, UK, France, Netherlands, Italy, Spain, Rest of Western Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC), Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA).
Q4: What is the Pemetrexed Market?
A4: The Pemetrexed Market refers to the manufacture, supply and consumption of pemetrexed as a chemotherapeutic agent that is prescribed mainly for NSCLC and mesothelioma. Pemetrexed is an antifolate which interferes with enzymes of node importance for cancer cell’s replication- the DNA and RNA synthesis.
Q5: How big is the Pemetrexed Market?
A5: Pemetrexed Market Size Was Valued at USD 2,543.6 Million in 2023, and is Projected to Reach USD 3,104.8 Million by 2032, Growing at a CAGR of 2.24% From 2024-2032.
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