Product Code: CMI6704
The paclitaxel injection market is estimated to be valued at USD 6.34 Bn in 2024 and is expected to reach USD 14.44 Bn by 2031, growing at a compound annual growth rate (CAGR) of 12.5% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2023/2024: |
US$ 6.34 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2023/2024 to 2030/2031 CAGR: |
12.50% |
2030/2031 Value Projection: |
US$ 14.44 Bn |
Global Paclitaxel Injection Market Share (%), By Region, 2024
The paclitaxel injection market has witnessed significant growth in the past few years owing to its increasing demand in cancer treatment. Paclitaxel is a mitotic inhibitor used in chemotherapy. It was discovered in the bark of the Pacific Yew tree. Paclitaxel works by blocking cellular division through interfering with the normal functioning of microtubules. When administered in cancer treatment, paclitaxel prevents dividing cancer cells from separating, which further leads to cell death. The drug has shown encouraging results in fighting various types of cancers such as breast cancer, ovarian cancer, lung cancer, and Acquired Immune Deficiency Syndrome (AIDS)-related Kaposi's sarcoma. With the rising prevalence of cancer and increasing reliance on chemotherapy regimens containing paclitaxel injection, the market is expected to grow steadily over the forecast period.
Market Dynamics:
The global paclitaxel injection market is driven by the rising incidence of breast cancer and ovarian cancer. As per the World Health Organization, breast cancer is the most common cancer among women, with over 2 million new cases annually across the globe. Moreover, paclitaxel is extensively used in treating breast cancer. Additionally, advancing technologies for increasing the efficacy of paclitaxel are further augmenting the market growth. However, the availability of alternative treatment drugs and certain side-effects associated with paclitaxel injection are restraining factors. The development of nano-carrier drug formulations to reduce toxicity and improve paclitaxel delivery holds significant opportunities for market players.
Key Features of the Study:
- This report provides an in-depth analysis of the global paclitaxel injection market, and provides market size (USD Billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global paclitaxel injection market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies
- The key companies covered as a part of this study include Bristol-Myers Squibb Company, U & V Cancure Private Limited, Pfizer Inc., Luye Pharma Group, Fresenius Kabi AG, Accord Healthcare, Viatris Inc., Teva Pharmaceutical Industries Ltd., Dr. Reddy's Laboratories Ltd., Sandoz Group AG, Salvavidas, Sun Pharmaceutical Industries Ltd., Cipla Inc., Alvogen, Apotex Inc., and Bharat Parenterals Limited
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global paclitaxel injection market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global paclitaxel injection market
Detailed Segmentation:
- By Cancer Type:
- Breast Cancer
- Gastric Cancer
- Pancreatic Cancer
- Non-small Cell Lung Cancer
- Ovarian Cancer
- Kaposi sarcoma
- Others
- By Distribution Channel:
- Online Pharmacies
- Retail Pharmacies
- Hospital Pharmacies
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Company Profiles:
- Bristol-Myers Squibb Company
- U & V Cancure Private Limited
- Pfizer Inc.
- Luye Pharma Group
- Fresenius Kabi AG
- Accord Healthcare
- Viatris Inc.
- Teva Pharmaceutical Industries Ltd.
- Reddy's Laboratories Ltd.
- Sandoz Group AG
- Salvavidas
- Sun Pharmaceutical Industries Ltd.
- Cipla Inc.
- Alvogen
- Apotex Inc.
- Bharat Parenterals Limited
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Cancer Type
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Market Scenario - Conservative, Likely, Opportunistic
- Market Opportunity Map
3. Key Insights
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Impact Analysis
- Pest Analysis
- Porters Analysis
- Technological Advancements
- Merger, Acquisition, and Collaboration Scenario
- Recent Product Approvals
- Company Market Share Analysis
- Regulatory Scenario
- Pricing Analysis
- Product Recalls
- Pipeline Analysis
4. Global Paclitaxel Injection Market, By Cancer Type, 2019 - 2031 (US$ Billion)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2020 - 2031
- Segment Trends
- Breast Cancer, 2019 - 2031(US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Gastric Cancer, 2019 - 2031(US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Pancreatic Cancer, 2019 - 2031(US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Non-small Cell Lung Cancer, 2019 - 2031(US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Ovarian Cancer, 2019 - 2031(US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Kaposi sarcoma, 2019 - 2031(US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Others, 2019 - 2031(US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
5. Global Paclitaxel Injection Market, By Distribution Channel, 2019 - 2031 (US$ Billion)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2020 - 2031
- Segment Trends
- Online Pharmacies, 2019 - 2031(US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Retail Pharmacies, 2019 - 2031(US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
- Hospital Pharmacies, 2019 - 2031(US$ Billion)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Billion)
6. Global Paclitaxel Injection Market, By Region, 2019 - 2031 (US$ Billion)
- Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031, (US$ Billion)
- Market Y-o-Y Growth Comparison (%), 2024 - 2031, (US$ Billion)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Cancer Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, By Cancer Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest Of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Cancer Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
- China
- India
- Japan
- Australia
- South Korea
- Asean
- Rest Of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, By Cancer Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- Introduction
- Market Size and Forecast, By Cancer Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Billion)
- GCC
- Israel
- Rest Of The Middle East
- Africa
- Introduction
- Market Size and Forecast, By Cancer Type, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Billion)
- Market Size and Forecast, By Country/Region, 2019 - 2031, (US$ Billion)
- South Africa
- North Africa
- Central Africa
7. Company Profiles - Global Paclitaxel Injection Market
- Bristol-Myers Squibb Company*
- Company Overview
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategic Overview
- U & V Cancure Private Limited
- Pfizer Inc.
- Luye Pharma Group
- Fresenius Kabi AG
- Accord Healthcare
- Viatris Inc.
- Teva Pharmaceutical Industries Ltd.
- Dr. Reddy's Laboratories Ltd.
- Sandoz Group AG
- Salvavidas
- Sun Pharmaceutical Industries Ltd.
- Cipla Inc.
- Alvogen
- Apotex Inc.
- Bharat Parenterals Limited
8. References and Research Methodology
- References
- Research Methodology
- About us and Sales Contact