USD 4.40 Billion
Kidney Cancer Drugs Market Size, Share, Growth Analysis, By Type(Renal Cell Carcinoma (RCC), Papillary Renal Cell Carcinoma), By End user(Hospitals, Homecare), By Distribution Channel(Hospital Pharmacy, Online Pharmacy) - Industry Forecast 2024-2031
Report ID:
SQMIG35I2234 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
98 |
Figures:
73
Kidney Cancer Drugs Market Insights
Global Kidney Cancer Drugs Market size was valued at USD 4.40 Billion in 2022 and is poised to grow from USD 4.64 Billion in 2023 to USD 7.12 Billion by 2031, at a CAGR of 5.5% during the forecast period (2024-2031).
As a result of the growing emphasis on and the advancements in medical research, the global kidney cancer drugs market is going through notable transformations in recent years. The treatment landscape for kidney cancer is being shaped by innovations in targeted therapies and immunotherapies, providing patients access to more effective and less invasive options.
Additionally, the rising demand for kidney cancer treatments can be attributed to the increasing awareness and early detection efforts in the market. The development of novel drugs and treatment modalities are driven by strategic partnerships between healthcare institutions and pharmaceutical companies.
The global kidney cancer drugs market has seen exponential growth in the homecare segment based on end user and the online pharmacy segment in the distribution channel division, however the markets that lead in those two divisions remain to be hospitals and offline pharmacies. Regionally speaking, North America holds the largest share in the market, though the APAC region is quickly climbing in growth rate.
A surge in the significance of patient-centric care, with a strong emphasis on enhancing the quality of life for individuals living with kidney cancer is also forming the dynamic environment of this market. Market participants are responding to these trends by investing heavily in R&D to bring innovative therapies to market, keeping in mind the ultimate aim: to enhance patient outcomes and drive the future of kidney cancer treatment.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Hospitals
Fastest Growth
Homecare
Growth Rate
5.5% CAGR
Global Kidney Cancer Drugs Market ($ Bn)
Country Share for North America Region (%)
Global Kidney Cancer Drugs Market Size By End user ($ Bn)
Global Kidney Cancer Drugs Market Size By End user (%)
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Kidney Cancer Drugs Market Segmental Analysis
The global kidney cancer drugs market is segmented on the basis of type, end user, distribution channel and region. Based on type the market is segmented as renal cell carcinoma (RCC), papillary renal cell carcinoma, chromophobe renal cell carcinoma, unclassified renal cell carcinoma, transitional cell carcinoma, Wilms tumor (Nephroblastoma), renal sarcoma, angiomyolipoma, oncocytoma, others. On the basis of End user, the market is segmented as hospitals, homecare, specialty clinics, others. Based on the distribution channel, it is segregated into hospital pharmacy, online pharmacy, and retail pharmacy. Regionally speaking, the market can be segmented into several categories, which are North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by End user
Hospitals have established their position as the dominating end user in the kidney cancer drugs market. Hospitals offer a wide and expansive range of services, including diagnostics, surgical interventions, and inpatient care play, thus making them a vital element in the treatment of kidney cancer. They are the first choice for kidney cancer patients seeking treatment as a result of their multidisciplinary teams and advanced infrastructure. Additionally, hospitals are often the starting point and serve as a hub for clinical trials, thus providing patients access to cutting-edge therapies, which in turn contributes to the overall market growth.
Conversely, the kidney cancer drugs market is witnessing the quickest growth in the homecare segment. One of the most crucial factors for this segment’s rapid expansion is its increasing preference because of the convenience it offers to patients, particularly those undergoing long-term treatment regimens. Moreover, healthcare professionals can now keep a close eye on kidney cancer patients and monitor and manage patients in the comfort of their homes thanks to the advancements in telemedicine and remote monitoring technologies. Owing to all these factors, the homecare segment is witnessing rapid development, relieving a significant burden on hospital resources as well as providing patients flexibility in their trying times.
Analysis by Distribution Channel
The kidney cancer drugs market’s top distribution category is the Hospital pharmacy. Hospitals are the primary source for the dispensation and administration of these specialized medications, and thus they serve as vital hubs for both inpatient and outpatient care. The part they play in managing complex cancer treatments guarantees a steady demand for kidney cancer drugs.
On the other hand, the online pharmacy segment is the market's fastest-growing distribution channel. A rapid increase in online pharmaceutical services has resulted from the digital transformation of healthcare. The convenience and accessibility online platforms provide in the procurement of kidney cancer drugs, thus facilitating timely access to medications, are increasing their popularity among patients and caregivers alike. This trend’s adoption is further sped up by the ongoing growth of e-commerce and telehealth services.
Global Kidney Cancer Drugs Market By End user, 2023 (%)
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Kidney Cancer Drugs Market Regional Insights
North America has held on to the rank of one of the most prominent regions in the global kidney cancer drugs market. A variety of factors including early adoption of advanced treatment options, well-established healthcare infrastructure, and a high prevalence of kidney cancer cases can be credited for this region’s dominance. Strong research and development initiatives that help introduce cutting-edge therapies into the market help the region retain its market share.
On the other hand, the kidney cancer drugs market is witnessing the fastest growth in the Asia Pacific region. Improving access to healthcare, an expanding patient pool in emerging economies, and rising awareness about kidney cancer is propelling the growth in the APAC region. Countries like China and India contribute to the region's rapid market expansion due to their robust pharmaceutical manufacturing capabilities and increasing investments in healthcare infrastructure.
Global Kidney Cancer Drugs Market By Region, 2024-2031
- Largest
- Fastest
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Kidney Cancer Drugs Market Dynamics
Drivers
Advancements in Immunotherapy
- Immunotherapy is a major driving force in the growth of the kidney cancer drugs market. This new innovative approach takes control of the body's immune system to target and attack cancer cells. Immunotherapy has shown successful results in treating kidney cancer as it improves the body's natural defenses, thus providing a ray of hope particularly in cases where traditional therapies have limited effect. Continuous research to unveil new combination treatments and immunotherapeutic agents are allowing patients access to less invasive and more effective alternatives, greatly increasing their chances of better outcomes in the battle against kidney cancer.
Restraints
Regulatory Hurdles
- One of the most prominent restraints in the kidney cancer drugs market are persisting regulatory hurdles. Though these rigid regulation processes are vital for patient safety and drug efficacy, they often end up elongating approval timelines for new treatments. As these processes entail extensive clinical trials and complex documentation requirements, this leads to a major delay in the market availability of innovative therapies. An added complication in the process of pharmaceutical companies seeking global approvals is the varying regulatory landscape that can differ from region to region. The culmination of these challenges can inhibit the timely introduction of possibly life-saving drugs into the market, thus limiting treatment options for kidney cancer patients.
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Kidney Cancer Drugs Market Competitive Landscape
Fierce competition and continuous innovation rule the competitive landscape in the kidney cancer drugs market. A large number of pharmaceutical firms, emerging and established, are constantly engaged in R&D efforts to introduce novel therapies. By focusing on targeted therapies and precision medicine, these companies are putting in tremendous efforts to address the evolving needs of kidney cancer patients. Advancements in treatment modalities are being upscale thanks to partnerships between pharmaceutical firms and academic institutions.
Top Player’s Company Profiles
- Pfizer Inc (US)
- Aurobindo Pharma (India)
- Bristol-Myers Squibb Company (US)
- Sanofi (France)
- Abbott (US)
- Mylan N.V. (US)
- Sun Pharmaceutical Industries Ltd (India)
- F. Hoffmann-La Roche Ltd (Switzerland)
- Novartis AG (Switzerland)
- Takeda Pharmaceutical Company Limited (Japan)
- Cipla Inc (India)
- AstraZeneca (UK)
- Fresenius SE & Co. KGaA (Germany)
- Dr. Reddy's Laboratories Ltd (India)
- Lupin (India)
- Teva Pharmaceutical Industries Ltd (Israel)
- Endo International plc (Ireland)
Recent Developments
- In January 2023, The FDA granted a speedy approval to pembrolizumab (Keytruda) plus axitinib (Inlyta) to be used in the treatment of adults that suffer from advanced renal cell carcinoma (RCC) and have progressed after prior treatment with a VEGF-targeted therapy.
- In February 2023, The FDA granted a hastened approval to nivolumab (Opdivo) plus cabozantinib (Cabometyx) to be used in the treatment of adults who have advanced RCC and have progressed even after prior treatment with a VEGF-targeted therapy.
- In March 2023, The FDA also granted a speedy approval to pembrolizumab plus lenvatinib (Lenvima) for the treatment of adults with advanced RCC who have progressed after prior treatment with a VEGF-targeted therapy.
- In April 2023, The FDA granted a hurried approval to avelumab (Bavencio) plus axitinib (Inlyta) to be used in the treatment of adults with advanced RCC who have progressed even after prior treatment with a VEGF-targeted therapy.
Kidney Cancer Drugs Key Market Trends
- Personalized Treatment Paradigm: The recent shift towards personalized treatment approaches is a major key market trend in the kidney cancer drugs sector. The identification of specific biomarkers has been made possible due to advances in molecular diagnostics and genetic profiling, allowing the generation of tailored therapies that target individual patient characteristics that vary from patient to patient. This trend marks a huge development in kidney cancer care as it enhances the effectiveness of treatment while reducing side effects.
Kidney Cancer Drugs Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to global kidney cancer drugs market analysis, the market is currently undergoing a transformation driven by advancements in research and development. Researchers are focusing on innovative treatment modalities such as targeted therapies and immunotherapies, which offer promising outcomes for patients with kidney cancer. These cutting-edge treatments are reshaping the landscape by providing more effective options with fewer side effects. Moreover, the rising incidence of kidney cancer, particularly in aging populations, is bolstering market growth. Greater awareness about the disease and early detection efforts are resulting in higher patient diagnoses, increasing the demand for kidney cancer drugs.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 4.40 Billion |
| Market size value in 2031 | USD 7.12 Billion |
| Growth Rate | 5.5% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Kidney Cancer Drugs Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Kidney Cancer Drugs Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Kidney Cancer Drugs Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Kidney Cancer Drugs Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Kidney Cancer Drugs Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Kidney Cancer Drugs Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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