Kidney Cancer Drugs Global Market Report 2024

Kidney cancer drugs are designed to treat kidney cancer through systemic therapy, reaching cancer cells throughout the body. Various medications may be employed, depending on the type of kidney cancer. These drugs work by targeting key proteins, such as tyrosine kinases, crucial for the growth and survival of cancer cells, or by inhibiting angiogenesis, the formation of new blood vessels that nourish tumors.

The main types of kidney cancer include renal cell carcinoma (RCC), urothelial carcinoma, and others (renal sarcoma, renal lymphoma). Renal cell carcinoma is a condition where malignant cells form in the kidney's tubules. Different products involved in treating kidney cancer include Nexavar (sorafenib), Sutent (sunitinib), Afinitor (everolimus), Voting (pazopanib), Avastin (bevacizumab), Inlyta (axitinib), Torisel (temsirolimus), Proleukin (aldesleukin), and others. These drugs are used by hospitals, clinics, research centers, and similar healthcare facilities.

The kidney cancer drugs market research report is one of a series of new reports from The Business Research Company that provides kidney cancer drugs market statistics, including kidney cancer drugs industry global market size, regional shares, competitors with a kidney cancer drugs market share, detailed kidney cancer drugs market segments, market trends and opportunities, and any further data you may need to thrive in the kidney cancer drugs industry. This kidney cancer drugs market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The kidney cancer drugs market size has grown strongly in recent years. It will grow from $7.81 billion in 2023 to $8.23 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth observed in the historic period can be attributed to factors such as increased healthcare expenditure, rapid growth in the elderly population, an increase in pharmaceutical research and development (R&D) expenditure, and advances in cancer drug discovery.

The kidney cancer drugs market size is expected to see strong growth in the next few years. It will grow to $10.12 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The forecasted growth in the period ahead can be attributed to factors such as the increasing geriatric population, a rise in healthcare expenditure, an increase in acquisitions and partnerships for drug development, and the high potential of emerging economies. Major trends expected in the forecast period include adopting 3D technology in manufacturing drugs and creating models to provide matrix interactions and more personalized treatments, investing in biomarkers to produce more effective drugs in a smaller time frame, launching or adopting new treatment developments to treat patients and give them a longer survival time, improving treatment by offering personalized medicine, investing in AI solutions to save drug development time and accurately diagnose a patient, and collaborating and partnering with other companies or government bodies to accelerate the development of new drugs.

The surge in the incidence of renal cancer stands out as a significant driver of the kidney cancer drugs market. Lifestyle changes, tobacco consumption, and an unhealthy diet contribute to the proliferation of renal cancer cells. For example, the American Cancer Society reported in January 2022 that approximately 79,000 new cases of kidney cancer (50,290 in men and 28,710 in women) are expected to be diagnosed, resulting in 13,920 fatalities (8,960 in men and 4,960 in women). The majority of diagnoses occur between the ages of 65 and 74, with an average age of diagnosis being 64. Kidney cancer is relatively rare in individuals under the age of 45, emphasizing the driving force behind the growth of the kidney cancer drugs market.

Government initiatives and funding addressing kidney disorders are anticipated to propel the kidney cancer drugs market's growth. Government initiatives and funding provide financial support to entities and projects contributing to public services and the economy. These initiatives enhance disease surveillance, raise awareness, and promote research in kidney disorders. For instance, in July 2022, the United States House Committee on Appropriations initiated investment programs to boost kidney health. This includes $8.5 million in funding for the Centers for Disease Control and Prevention's chronic kidney disease program, aimed at promoting awareness, diagnosis, and treatment. Additionally, a living donation investment of $1 million was allocated to the national living donor assistance center, bringing the total to $8 million for innovation and research. Consequently, government initiatives and funding for kidney disorders play a pivotal role in driving the kidney cancer drugs market's growth.

The kidney (renal) cancer drug market is witnessing a trend toward combination therapy, where the effects of various drugs are combined to reduce the likelihood of cancer-resistant cells developing. The improved understanding of renal cancer causes has led to the development of combination therapy, often combining vascular endothelial growth factor (VEGF) drugs with inhibitors of the mammalian target of rapamycin (mTOR). For instance, in November 2021, Merck & Co., Inc. announced FDA approval for the anti-PD-1 drug KEYTRUDA as adjuvant treatment for renal cell carcinoma (RCC) patients at intermediate-high or high risk of recurrence after nephrectomy or nephrectomy with resection of metastatic lesions.

Major companies in the kidney cancer drugs sector are strategically developing innovative drugs and focusing on obtaining increased approvals to drive market revenues. Drug approvals involve a thorough evaluation by regulatory authorities to ensure safety, efficacy, and quality. In March 2021, AVEO Pharmaceuticals, Inc. launched tivozanib (Fotivda), a kinase inhibitor, approved by the FDA for adult patients with relapsed or refractory advanced renal cell carcinoma (RCC) following two or more prior systemic therapies.

In October 2022, LG Chem, Ltd. acquired AVEO Oncology for $566 million. This acquisition positions LG Chem's Life Sciences Division in the U.S., diversifies its pipeline with various oncology treatments, and accelerates LG Chem's growth efforts in the oncology sector. The collaboration aims to establish a global oncology organization with a robust portfolio, spanning from discovery to clinical development, biologics manufacturing, and U.S. commercialization, ultimately broadening access to treatment options. AVEO Oncology is a U.S.-based biopharmaceutical company committed to delivering cancer patients drugs that enhance their quality of life.

Major companies operating in the kidney cancer drugs market report are Pfizer Inc., Novartis AG, Exelixis, Inc., F. Hoffmann-La Roche AG, Bristol Myers Squibb Company, Bayer AG, Merck & Co., Inc., EUSA Pharma Inc., UroGen Pharma Ltd., Natco Pharma, Arlak Biotech, Healthkind labs Pvt. Ltd., SwisscheM Healthcare Pvt.Ltd., Apikos Pharma, Kolaz biotech, CStone Pharma, CARsgen Therapeutics, JW Therapeutics, BeiGene, Takeda Pharmaceuticals, Astellas Pharma Inc., Otsuka Pharmaceutical Co., Ltd., Daiichi Pharmaceutical and Sankyo, AQVIDA GmbH, Baxter International Inc., AstraZeneca PLC, GlaxoSmithKline PLC, Veropharm, Biocad, Celon Pharma, Amgen Inc ., Biocon Ltd., Rani Therapeutics, Eli Lilly and Company, Abbott Laboratories, Emisphere Technologies, Inc., Enteris BioPharma, Allena Pharmaceuticals, Abbvie, Johnson & Johnson, Sanofi, Biogen Inc., AVEO Oncology, Eurofarma Laboratorios S.A., TUTEUR Argentina, Pierre Fabre Group, Celnova Pharma, Teva Pharmaceutical Industries Ltd., BIOPHARMA-MEA, NeoTX, AID Genomics Limited, Julphar, Novo Nordisk A/S, Kitov Pharma Limited, CureTech Ltd., Neopharma

North America was the largest region in the kidney cancer drugs market in 2023. Middle East is expected to be the fastest-growing region in the global kidney cancer drugs market share during the forecast period. The regions covered in the kidney cancer drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the kidney cancer drugs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain

The kidney cancer drugs market consists of sales of axitinib (Inlyta), cabozantinib (cabometyx), and pazopanib. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Kidney Cancer Drugs Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on kidney cancer drugs market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for kidney cancer drugs? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The kidney cancer drugs market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Type: Renal Cell Carcinoma (RCC); Transitional Cell Carcinoma (TCC) Or Urothelial Cell Carcinoma (UCC)
• 2) By Product: Nexavar (Sorafenib); Sutent (Sunitinib); Afinitor (Everolimus); Votrient (Pazopanib); Avastin (Bevacizumab); Inlyta (Axitinib); Other Products
• 3) By End Users: Hospitals; Clinics; Research Center; Other End-Users
• Companies Mentioned: Pfizer Inc.; Novartis AG; ExelixisInc.; F. Hoffmann-La Roche AG; Bristol Myers Squibb Company
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: PDF, Word and Excel Data Dashboard.