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Breast Cancer Drug Market In-Depth Insights & Analysis
Home / Report Store / Health Sciences and Bio Innovation / Breast Cancer Drug Market Research Report 2024

Breast Cancer Drug Market Research Report 2024

Breast Cancer Drug Market Global Industry Analysis And Forecast (2024-2032) By Therapy (Targeted Therapy, Hormonal Therapy, Chemotherapy, Immunotherapy, Surgery & Radiation Therapy, And Biologic Therapy), Cancer Type (Hormone Receptor-Positive (HR+), Human Epidermal Growth Factor Receptor 2-Positive (HER2+), Triple-Negative Breast Cancer (TNBC)), Stage of Cancer (Early Stage Breast Cancer, Advanced/Metastatic Breast Cancer), Mode of Administration (Oral Drugs, Injectable Drugs, Intravenous Drugs), Distribution Channel (Hospital Pharmacies, Drug Store and Retail Pharmacies, Online Providers), End-user (Hospitals, Specialty Clinics, Cancer Centers, Ambulatory Surgical Centers, Homecare Settings), And Region

Published date: Mar 2025 Report ID: 249 Number of Pages: 250
Format:

Breast Cancer Drug Market Synopsis

Breast Cancer Drug Market Size Was Valued at USD 35.31 Billion in 2023 and is Projected to Reach USD 107.26 Billion by 2032, Growing at a CAGR of 13.14% From 2024-2032.

A breast cancer drug refers to any medication or treatment specifically designed to target and treat breast cancer that is developed to inhibit the growth, spread, or recurrence of cancer cells in the breast tissue. The goal of breast cancer drugs is to improve survival rates, alleviate symptoms, and prevent relapse. Breast cancer drugs are designed to specifically target and attack cancer cells in the breast tissue which can interrupt the growth and division of cancer cells, leading to their destruction or inhibition.

Different types of breast cancer drugs are allowing healthcare professionals to tailor treatment plans based on the specific characteristics of cancer. Breast cancer medications are frequently given alongside surgery, radiation therapy, or chemotherapy for treatment. This method involving multiple modes can improve treatment results Breast cancer drugs can help shrink tumors, control the spread of cancer, and prevent or delay the recurrence of the disease. Targeted therapies and hormone therapies can assist in managing disease progression, and symptoms, and enhancing quality of life for those with advanced or metastatic breast cancer.

Top Active Players Involved are:

“Merck & Co (US), Bristol Myers Squibb (US), Kyowa Kirin (Japan), Eisai Co. Ltd (Japan), Sanofi (France), Pfizer Inc (US), AstraZeneca (United Kingdom), Novartis AG (Switzerland), Eli Lilly and Company (US), Genentech (US), Mylan Laboratories (US), Celltrion (South Korea), Fresenius Kabi (Germany), Baxter Healthcare Corporation (US), Halozyme Inc (US), GlaxoSmithKline (United Kingdom), Dr. Reddy's (India), AbbVie (US), Biocon (India), Hikma Pharmaceuticals (Jordan), G1 Therapeutics, Inc. (US), Amgen (US), Roche Ltd (Switzerland), Astellas (Japan), Stemline Therapeutics, Inc. (US) and Other Active Players.”

Breast Cancer Drug Market Segment Analysis:

Breast Cancer Drug Market Segmented on the basis of Therapy, Cancer Type, Stage of Cancer, Mode of Administration, Distribution Channel, And End-user.

By Therapy, Targeted Therapy Segment Is Expected to Dominate the Market During the Forecast Period

There are six segments by therapy such as targeted therapy, hormonal therapy, chemotherapy, immunotherapy, surgery & radiation therapy, and biologic therapy. Among these, the targeted therapy segment is expected to dominate the market during the forecast period.

  • Targeted therapies are designed to specifically target and inhibit the growth of cancer cells by identifying and exploiting specific molecular targets or pathways involved in the development and progression of breast cancer, allowing for more effective and personalized treatments.
  • Advances in genomic research and molecular profiling have provided a deeper understanding of the complex biology of breast cancer which leads to the identification of specific genetic mutations, gene amplifications, or protein overexpression that drive the growth of breast cancer cells.
  • Targeted therapies can also be used in combination with other treatment modalities to enhance their effectiveness. These combination approaches have demonstrated improved response rates, increased progression-free survival, and overall better outcomes for breast cancer patients.
  • Compared to traditional chemotherapy, targeted therapies generally have a more favorable safety profile, with reduced systemic toxicity resulting in better treatment tolerability and improved quality of life for patients.

By Application, Hormone Receptor-Positive (HR+) Segment Held the Largest Share In 2023

There are three segments by cancer type such as hormone receptor-positive (HR+), human epidermal growth factor receptor 2-positive (HER2+), and triple-negative breast cancer (TNBC). Among these, the hormone receptor-positive (HR+) segment held the largest share in 2023.

  • According to the American Cancer Society, the HR+ subtype is very prevalent due to 70% of breast cancer cases having hormone receptors. Hormone therapy is used to treat this subtype by using medications that inhibit the effects of estrogen in the body.
  • Hormone therapy has been beneficial in decreasing the likelihood of HR+ breast cancer coming back, and research indicates that it can also extend the lifespan of patients with early-stage HR+ cancer. The HR+ subtype drugs are in high demand, leading them to hold the biggest market share in the breast cancer drug market.
  • In general, the high occurrence of HR+ subtype and the effectiveness of hormone therapy in treating it have increased the need for medications that focus on this subtype of breast cancer, resulting in it being the most significant sector in the market for breast cancer drugs.

Breast Cancer Drug Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast Period

  • North America boasts advanced healthcare infrastructure, including well-established healthcare facilities, research centers, and the availability of advanced medical technologies which allow for early diagnosis, effective treatment, and better management of breast cancer cases.
  • North America experiences a notably higher rate of breast cancer in comparison to other areas. This, along with increased knowledge among the public regarding early detection and treatment options, boosts the need for breast cancer medications in the area.
  • Research and development activities related to breast cancer treatments are a major focus in North America. Prominent research centers, biotechnology companies, and academic collaborations constantly foster innovation in the field, helping to create of innovative medicines.
  • The presence of a robust pharmaceutical industry, coupled with their investments in research and development, contributes to the dominance of North America in the breast cancer drug market.
  • The rate of new breast cancers is high in age group of 60-69 with 67545 cases per 100000 people.

Breast Cancer Drug Market Active Players

  • Merck & Co (US)
  • Bristol Myers Squibb (US)
  • Kyowa Kirin (Japan)
  • Eisai Co. Ltd (Japan)
  • Sanofi (France)
  • Pfizer Inc (US)
  • AstraZeneca (United Kingdom)
  • Novartis AG (Switzerland)
  • Eli Lilly and Company (US)
  • Genentech (US)
  • Mylan Laboratories (US)
  • Celltrion (South Korea)
  • Fresenius Kabi (Germany)
  • Baxter Healthcare Corporation (US)
  • Halozyme Inc (US)
  • GlaxoSmithKline (United Kingdom)
  • Reddy's (India)
  • AbbVie (US)
  • Biocon (India)
  • Hikma Pharmaceuticals (Jordan)
  • G1 Therapeutics, Inc. (US)
  • Amgen (US)
  • Roche Ltd (Switzerland)
  • Astellas (Japan)
  • Stemline Therapeutics, Inc. (US) and Other Active Players.

Key Industry Developments in the Breast Cancer Drug Market:

  • In January 2024, AstraZeneca India Pharma Ltd officially launched Trastuzumab deruxtecan. This therapy is tailored for the treatment of adult patients with unresectable or metastatic HER2-positive breast cancer. AstraZeneca India by introducing Trastuzumab deruxtecan, providing new hope and better results for HER2-positive metastatic breast cancer patients.
  • In November 2023, The U.S. Food and Drug Administration approved AstraZeneca's Truqap in combination with an older drug, providing another treatment option for patients with the most common type of breast cancer. FDA said Truqap can be used in adult patients with the HR-positive/HER2-negative subtype of breast cancer.

Breast Cancer Drug Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 35.31 Bn.

Forecast Period 2024-32 CAGR:

13.14 %

Market Size in 2032:

USD 107.26 Bn.

Segments Covered:

By Therapy

  • Targeted Therapy
  • Hormonal Therapy
  • Chemotherapy
  •  Immunotherapy
  • Surgery & Radiation Therapy
  • Biologic Therapy

By Cancer Type

  • Hormone Receptor-Positive (HR+)
  • Human Epidermal Growth Factor Receptor 2-Positive (HER2+)
  • Triple-Negative Breast Cancer (TNBC)

By Stage of Cancer

  • Early Stage Breast Cancer
  • Advanced/Metastatic Breast Cancer

By Mode of Administration

  • Oral Drugs
  • Injectable Drugs
  • Intravenous Drugs

By Distribution Channel

  • Hospital Pharmacies
  • Drug Store and Retail Pharmacies
  • Online Providers

By End-user

  • Hospitals
  •  Specialty Clinics
  • Cancer Centers
  •  Ambulatory Surgical Centers
  • Homecare Settings

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, 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 (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Rising Incidence of Breast Cancer

Key Market Restraints:

  • Side Effects of Drugs

Key Opportunities:

  • Introduction of Advanced Technological Treatments

Companies Covered in the report:

  • Merck & Co (US), Bristol Myers Squibb (US), Kyowa Kirin (Japan), Eisai Co. Ltd (Japan), Sanofi (France), 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: Breast Cancer Drug Market by By Therapy

 4.1 Breast Cancer Drug Market Snapshot and Growth Engine

 4.2 Breast Cancer Drug Market Overview

 4.3 Targeted Therapy

  4.3.1 Introduction and Market Overview

  4.3.2 Historic and Forecasted Market

Frequently Asked Questions

What would be the forecast period in the Breast Cancer Drug Market research report?

The forecast period in the Breast Cancer Drug Market research report is 2024-2032.

Who are the key players in the Breast Cancer Drug Market?

Merck & Co (US), Bristol Myers Squibb (US), Kyowa Kirin (Japan), Eisai Co. Ltd (Japan), Sanofi (France), Pfizer Inc (US), AstraZeneca (United Kingdom), Novartis AG (Switzerland), Eli Lilly and Company (US), Genentech (US), Mylan Laboratories (US), Celltrion (South Korea), Fresenius Kabi (Germany), Baxter Healthcare Corporation (US), Halozyme Inc (US), GlaxoSmithKline (United Kingdom), Dr. Reddy's (India), AbbVie (US), Biocon (India), Hikma Pharmaceuticals (Jordan), G1 Therapeutics, Inc. (US), Amgen (US), Roche Ltd (Switzerland), Astellas (Japan), Stemline Therapeutics, Inc. (US), and Other Active Players.

What are the segments of the Breast Cancer Drug Market?

The Breast Cancer Drug Market is segmented into Therapy, Cancer Type, Stage of Cancer, Mode of Administration, Distribution Channel, End-user, and region. By Therapy, the market is categorized into Targeted Therapy, Hormonal Therapy, Chemotherapy, Immunotherapy, Surgery & Radiation Therapy, And Biologic Therapy. By Cancer Type, the market is categorized into Hormone Receptor-Positive (HR+), Human Epidermal Growth Factor Receptor 2-Positive (HER2+), and Triple-Negative Breast Cancer (TNBC). By Stage of Cancer, the market is categorized into Early Stage Breast Cancer and advanced/Metastatic Breast Cancer. By Mode of Administration, the market is categorized into Oral Drugs, Injectable Drugs, and Intravenous Drugs. By Distribution Channel, The Market Is Categorized into Hospital Pharmacies, Drug Store and Retail Pharmacies, Online Providers. By End-user, the market is categorized into Hospitals, Specialty Clinics, Cancer Centers, Ambulatory Surgical Centers, And Homecare Settings. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Breast Cancer Drug Market?

A breast cancer drug refers to any medication or treatment specifically designed to target and treat breast cancer that is developed to inhibit the growth, spread, or recurrence of cancer cells in the breast tissue. The goal of breast cancer drugs is to improve survival rates, alleviate symptoms, and prevent relapse.

How big is the Breast Cancer Drug Market?

Breast Cancer Drug Market Size Was Valued at USD 35.31 Billion in 2023 and is Projected to Reach USD 107.26 Billion by 2032, Growing at a CAGR of 13.14% From 2024-2032.

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Report ID: 249

Published Date: 2025-03-13

Number of Pages: 250

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Akshay Patil