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The injectable cytotoxic drugs industry is fragmented as these drugs are off-patent and are commercially available as a generic. Although major market players hold significant influence, smaller companies and research institutions also play a vital role in advancing and bringing new cytotoxic drugs to the market. Established players have extensive pipelines, substantial research capabilities, and established partnerships with other pharmaceutical companies. Small companies are majorly involved in the researching and developing new targeted small molecules/combination therapies focusing on niche areas or specific type of cancer, which has contributed to the overall diversity in the market.
Prominent players operating in the market include:
The global market size for injectable cytotoxic drugs was valued at USD 9.7 billion in 2023 and is anticipated to showcase 5.8% CAGR from 2024
The antimetabolites drug class segment of the injectable cytotoxic drugs market held 44.2% share in 2023 and will expand rapidly through 2032, attributed to their wide use in anti-cancer therapies.
North America market accounted for 42.2% share in 2023 and is predicted to reach USD 6.6 billion by 2032, driven by the presence of large number of pharmaceutical manufacturers offering advanced treatment options for cancer treatment.
Abbvie Inc, Accord Healthcare, Amgen, Inc.,Baxter International Inc., Bristol-Myers Squibb Company, Eli Lilly and Company, F. Hoffmann-La Roche Ltd., and Fresenius Kabi AG among others.