Global Doxorubicin Market to Reach US$ 2.0 Billion by 2032, Fueled by Increasing Prevalence of Various Types of Cancer

June 05, 2023 | Healthcare

According to the latest report by IMARC Group, titled “­­Doxorubicin Market Report by Application (Breast Cancer, Ovarian Cancer, Multiple Myeloma, Kaposi Sarcoma, Leukemia, Bone Sarcoma, Endometrial Cancer, and Others), Distribution Channel (Hospital and Retail Pharmacies, Online Stores, and Others), and Region 2024-2032,” the global doxorubicin market size reached US$ 1.3 Billion in 2023. Doxorubicin is a potent chemotherapy medication that belongs to the class of drugs known as anthracyclines. It is derived from the bacterium Streptomyces peucetius and is widely used to treat various types of cancer. As an anthracycline, doxorubicin exerts its anti-cancer effects by multiple mechanisms. It intercalates with the deoxyribonucleic acid (DNA) helix, preventing DNA replication and transcription. Additionally, it inhibits the action of topoisomerase II, an enzyme involved in DNA strand breakage and resealing processes. As a result, it is widely used in treating solid tumors, including breast, lung, ovarian, and bladder cancer, and managing hematological malignancies such as leukemia and lymphoma. Doxorubicin is often used in combination with other chemotherapy drugs or as part of multidrug regimens to enhance its therapeutic efficacy.

Global Doxorubicin Market Trends:

The rising prevalence of various types of cancer represents the key factor driving the market growth. Besides this, the escalating consumer awareness about cancer symptoms, early detection, and screening programs are propelling the market forward. Moreover, the shifting preference for chemotherapy and the expanding demand for combination therapies that use doxorubicin with other anti-cancer drugs on account of synergistic effects and improved treatment outcomes is aiding in market expansion. Concurrent with this, patent expirations of branded doxorubicin products resulting in the launch of numerous generic product variants are acting as a significant growth-inducing factor. In addition to this, the implementation of numerous government initiatives aimed at cancer control, research, and treatment, and extensive funding in cancer programs and drug development are presenting remunerative growth opportunities for the market. Furthermore, technological advancements in drug delivery systems, such as liposomal formulations, to enhance the efficacy and safety and reduce side effects of chemotherapy drugs like doxorubicin are positively impacting the market growth. In line with this, ongoing collaborations between pharmaceutical companies, research institutions, and healthcare organizations to accelerate drug discovery and innovate new doxorubicin formulations and combination therapies are contributing to the market growth. Looking forward, the market value is projected to reach US$ 2.0 Billion by 2032, expanding at a CAGR of 5.33% during 2024-2032.

Market Summary:

  • On the basis of the application, the market has been segregated into breast cancer, ovarian cancer, multiple myeloma, Kaposi sarcoma, leukemia, bone sarcoma, endometrial cancer, and others. Among these, breast cancer represents the biggest market segment.
  • Based on the distribution channel, the market is categorized into hospital and retail pharmacies, online stores, and others.
  • On a regional basis, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa. Presently, North America enjoys the leading position in the market.
  • The competitive landscape of the market has also been examined, with some of the key players being Accord Healthcare Ltd. (Intas Pharmaceuticals Limited), Baxter International Inc., Cadila Pharmaceuticals, Cipla Inc., Hikma Pharmaceuticals PLC, Meiji Holdings Co. Ltd., Novartis AG and Pfizer Inc.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Application, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Accord Healthcare Ltd. (Intas Pharmaceuticals Limited), Baxter International Inc., Cadila Pharmaceuticals, Cipla Inc., Hikma Pharmaceuticals PLC, Meiji Holdings Co. Ltd., Novartis AG and Pfizer Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

134 N 4th St.
Brooklyn, NY 11249, USA
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Doxorubicin Market to Reach US$ 2.0 Billion by 2032, Fueled by Increasing Prevalence of Various Types of Cancer
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More