Liposomal Doxorubicin Market Size, Share, Opportunities, And Trends By Type (Branded, Generic), By Application (Breast Cancer, Ovarian Cancer, AIDS-related, Kaposi's Sarcoma, Multiple Myeloma, Other Solid Tumors), By Distribution channel (Hospital Pharmacies, Retail Pharmacies, Mail-Order Pharmacies), And By Geography - Forecasts From 2024 To 2029

The liposomal doxorubicin market is expected to witness significant growth during the forecasted period.

The pharmaceutical formulation of the anticancer medication doxorubicin enclosed in liposomes is the focal point of the liposomal doxorubicin market. Medication delivery is improved by liposomal encapsulation because it increases tumour targeting, lowers toxicity, and improves medication pharmacokinetics. Liposomal doxorubicin is widely used to treat a variety of tumors, such as Kaposi's sarcoma, breast cancer, and ovarian cancer. Factors including the rising global cancer incidence rate, the need for safer and more effective chemotherapy treatments, and developments in drug delivery technology are driving the market expansion.

The market is also expanding as a result of liposomal doxorubicin's approval and use in clinical settings. But there are still a lot of obstacles to overcome, like high production costs, red tape, and competition from alternative treatment choices. The market for liposomal doxorubicin is still expanding despite these obstacles, driven by continuous development and research initiatives to enhance treatment results and broaden its therapeutic uses.

Market Drivers 

•  The increasing incidence of cancer is anticipated to boost the liposomal doxorubicin market.

The market for liposomal doxorubicin is significantly influenced by the rising incidence of cancer throughout the globe. Worldwide, cancer rates are rising, especially in areas with ageing populations and changing lifestyles. Consequently, there is a growing need for efficient chemotherapy treatments. Liposomal doxorubicin is a useful treatment option for a variety of cancers because of its improved tumor targeting and decreased systemic toxicity. Its effectiveness in treating tumours like ovarian, breast, and Kaposi's sarcoma has established it as an essential part of cancer treatment plans, propelling market expansion as healthcare systems work to keep up with the growing demand for oncology treatments.

According to WHO, in 2024, the most recent estimates of the cancer burden worldwide were provided by the International Agency for Research on Cancer (IARC).20 million new instances of cancer and 9.7 million deaths from the disease are predicted for 2022. 53.5 million people were predicted to still be alive five years after receiving a cancer diagnosis. One in five people will have cancer at some point in their lives; one in nine men and one in twelve women will pass away from the illness.

• Advancements in drug delivery technology are expected to boost the liposomal doxorubicin market.

The market for liposomal doxorubicin has transformed because of advancements in drug delivery technology, which have improved the medicine's efficacy and safety profile. Improvements in drug targeting, extended circulation times, and fewer off-target effects have been made possible by innovations, including surface modification methods and better liposome design. The development of more stable formulations with improved drug release kinetics as a result of these developments has made it possible to precisely manage the distribution of drugs to tumour locations. As a result, medical professionals are more comfortable prescribing liposomal doxorubicin, which will boost market penetration and adoption for the treatment of different cancers and other ailments and eventually improve patient outcomes.

According to NCBI in 2023, Recent drug delivery systems are acknowledged as the most recent advancements and creative comprehension of the pharmacokinetic and pharmacodynamic behaviour of pharmaceuticals in the building of an ideal drug administration system. These DDS can carry material to the site of action and maintain drug concentrations in the therapeutic range for extended periods of time since they are transporters. Adoption of the delivery method is closely related to the innovation's commercial and therapeutic success.

• Enhanced therapeutic efficacy is anticipated to boost the liposomal doxorubicin market.

Liposomal doxorubicin's increased therapeutic efficacy has a major effect on the drug's commercial expansion. The medicine is more effectively delivered to tumour locations, and its systemic toxicity is reduced when it is encapsulated in liposomes. Higher medication concentrations at the tumor site are made possible by this tailored strategy, which enhances tumor response rates and improves patient outcomes.   

Because of its better therapeutic profile, liposomal doxorubicin is being used more frequently by medical professionals to treat a variety of malignancies, such as ovarian, breast, and Kaposi's sarcoma. As a result, the market for liposomal doxorubicin keeps growing thanks to its favourable reputation for improved therapeutic outcomes.

As per NCBI in 2023, when delivering DOX to the tumour, functionalized (targeted) liposomes offer a more efficient method. Furthermore, local heating in conjunction with DOX encapsulation in pH-sensitive liposomes (PSLs) or thermo-sensitive liposomes (TSLs) has enhanced DOX accumulation in the tumour. Clinical trials have been initiated for Lyso-thermosensitive liposomal DOX (LTLD), MM-302, and C225-immunoliposomal (IL)-DOX. TSLs, PSLs, and further functionalized PEGylated liposomal DOX (PLD) have all been created and tested in preclinical animals. Comparing the majority of these formulations to the liposomal DOX that is currently on the market, the anti-tumor activity was enhanced.

Asia Pacific region is expected to grow significantly

The liposomal doxorubicin market is expanding significantly in the Asia-Pacific area for several reasons. There is a growing need for efficient chemotherapy solutions due to the rising incidence of cancer, especially in highly populated nations like China and India. Further factors supporting market growth include rising healthcare costs, better access to cutting-edge medical procedures, and an increasing focus on early detection and treatment.

Moreover, partnerships between local research institutes and pharmaceutical businesses are encouraging innovation in liposomal doxorubicin formulations. The expansion of the healthcare infrastructure and the presence of favourable regulatory frameworks are driving the liposomal doxorubicin market in Asia-Pacific.

In June 2021, Lonza expanded its API development and manufacturing facility in Nansha, China, with a CHF 20 million investment. Three 1,000L GMP trains totalling 12 m3 of reactor volume will be part of the increased investments, together with new development and GMP laboratories equipped to produce small batches of highly potent APIs (HPAPIs). A seamless transition between early-phase and large-scale commercial production will be made possible by Nansha's expanded capacity, which will enable mid-scale manufacture. Lonza's integrated global production network is strengthened by capabilities, enabling it to uphold strict quality and regulatory standards globally.

Market Restraints

• High costs could constrain the market for liposomal doxorubicin market.

A significant obstacle in the liposomal doxorubicin industry is the hefty price tag attached to its creation, manufacturing, and delivery. Although liposomal formulations have advantages over conventional chemotherapy, such as decreased toxicity and increased efficacy, they are frequently more expensive. This may limit uptake and reimbursement by creating cost obstacles to access for both patients and healthcare institutions. Reaching financial goals while maintaining accessibility and affordability is still a crucial barrier to achieving liposomal doxorubicin's market potential.

Market Developments

• January 2024- Johnson & Johnson announced that it intended to purchase Ambrx Biopharma, Inc. through a formal contract. Ambrx is a biopharmaceutical firm in the clinical stage that specializes in the development of sophisticated antibody-drug conjugates (ADCs) using a proprietary synthetic biology technology platform.
• January 2024- For the first-line treatment of adult patients with previously untreated locally advanced or metastatic urothelial cancer (la/mUC), Pfizer Inc. and Astellas Pharma Inc. announced that the European Medicines Agency (EMA) validated for review a Type II variation application for PADCEV® (enfortumab vedotin) with KEYTRUDA® (pembrolizumab) as a combination therapy. If authorized, PADCEV with KEYTRUDA may revolutionize the way that patients are treated, being the first combination therapy to provide a substitute for platinum-containing chemotherapy, which is now the gold standard for first-line la/mUC patients.

Market Segmentation

• By Type:
  • Branded
  • Generic
• By Application:
  • Breast Cancer
  • Ovarian Cancer
  • AIDS-related Kaposi's Sarcoma
  • Multiple Myeloma
  • Other Solid Tumors
• By Distribution channel: 
  • Hospital Pharmacies
  • Retail Pharmacies
  • Mail-Order Pharmacies
• By geography:
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits for the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. LIPOSOMAL DOXORUBICIN MARKET BY TYPE

5.1. Introduction

5.2. Branded

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.3. Generic

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

6. LIPOSOMAL DOXORUBICIN MARKET BY APPLICATION

6.1. Introduction

6.2. Breast Cancer

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.3. Ovarian Cancer

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.4. AIDS-related Kaposi's Sarcoma

6.4.1. Market Trends and Opportunities

6.4.2. Growth Prospects

6.5. Multiple Myeloma

6.5.1. Market Trends and Opportunities

6.5.2. Growth Prospects

6.6. Other Solid Tumors

6.6.1. Market Trends and Opportunities

6.6.2. Growth Prospects

7. LIPOSOMAL DOXORUBICIN MARKET BY DISTRIBUTION CHANNEL  

7.1. Introduction

7.2. Hospital Pharmacies

7.2.1. Market Trends and Opportunities

7.2.2. Growth Prospects

7.3. Retail Pharmacies

7.3.1. Market Trends and Opportunities

7.3.2. Growth Prospects

7.4. Mail-Order Pharmacies

7.4.1. Market Trends and Opportunities

7.4.2. Growth Prospects

8. LIPOSOMAL DOXORUBICIN MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Type

8.2.2. By Application 

8.2.3. By Distribution Channel

8.2.4. By Country

8.2.4.1. United States

8.2.4.1.1. Market Trends and Opportunities

8.2.4.1.2. Growth Prospects

8.2.4.2. Canada

8.2.4.2.1. Market Trends and Opportunities

8.2.4.2.2. Growth Prospects

8.2.4.3. Mexico

8.2.4.3.1. Market Trends and Opportunities

8.2.4.3.2. Growth Prospects

8.3. South America

8.3.1. By Type

8.3.2. By Application 

8.3.3. By Distribution Channel

8.3.4. By Country 

8.3.4.1. Brazil

8.3.4.1.1. Market Trends and Opportunities

8.3.4.1.2. Growth Prospects

8.3.4.2. Argentina

8.3.4.2.1. Market Trends and Opportunities

8.3.4.2.2. Growth Prospects

8.3.4.3. Others

8.3.4.3.1. Market Trends and Opportunities

8.3.4.3.2. Growth Prospects

8.4. Europe

8.4.1. By Type

8.4.2. By Application 

8.4.3. By Distribution Channel

8.4.4. By Country

8.4.4.1. United Kingdom

8.4.4.1.1. Market Trends and Opportunities

8.4.4.1.2. Growth Prospects

8.4.4.2. Germany

8.4.4.2.1. Market Trends and Opportunities

8.4.4.2.2. Growth Prospects

8.4.4.3. France

8.4.4.3.1. Market Trends and Opportunities

8.4.4.3.2. Growth Prospects

8.4.4.4. Italy

8.4.4.4.1. Market Trends and Opportunities

8.4.4.4.2. Growth Prospects

8.4.4.5. Spain

8.4.4.5.1. Market Trends and Opportunities

8.4.4.5.2. Growth Prospects

8.4.4.6. Others

8.4.4.6.1. Market Trends and Opportunities

8.4.4.6.2. Growth Prospects

8.5. Middle East and Africa

8.5.1. By Type

8.5.2. By Application 

8.5.3. By Distribution Channel

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.1.1. Market Trends and Opportunities

8.5.4.1.2. Growth Prospects

8.5.4.2. UAE

8.5.4.2.1. Market Trends and Opportunities

8.5.4.2.2. Growth Prospects

8.5.4.3. Others

8.5.4.3.1. Market Trends and Opportunities

8.5.4.3.2. Growth Prospects

8.6. Asia Pacific

8.6.1. By Type

8.6.2. By Application 

8.6.3. By Distribution Channel

8.6.4. By Country

8.6.4.1. Japan

8.6.4.1.1. Market Trends and Opportunities

8.6.4.1.2. Growth Prospects

8.6.4.2. China

8.6.4.2.1. Market Trends and Opportunities

8.6.4.2.2. Growth Prospects

8.6.4.3. India

8.6.4.3.1. Market Trends and Opportunities

8.6.4.3.2. Growth Prospects

8.6.4.4. South Korea

8.6.4.4.1. Market Trends and Opportunities

8.6.4.4.2. Growth Prospects

8.6.4.5. Taiwan

8.6.4.5.1. Market Trends and Opportunities

8.6.4.5.2. Growth Prospects

8.6.4.6. Thailand

8.6.4.6.1. Market Trends and Opportunities

8.6.4.6.2. Growth Prospects

8.6.4.7. Indonesia

8.6.4.7.1. Market Trends and Opportunities

8.6.4.7.2. Growth Prospects

8.6.4.8. Others

8.6.4.8.1. Market Trends and Opportunities

8.6.4.8.2. Growth Prospects

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Cadila Pharmaceuticals

10.2. Cipla Limited

10.3. GlaxoSmithKline plc.

10.4. Johnson & Johnson Services Inc.

10.5. Merck & Co.

10.6. Pfizer Inc.

10.7. Sanofi

10.8. Sigma-Aldrich Co.

10.9. SRS Pharmaceuticals Pvt. Ltd.

10.10. Sun Pharmaceutical Industries Ltd.

Cadila Pharmaceuticals

Cipla Limited

GlaxoSmithKline plc.

Johnson & Johnson Services Inc.

Merck & Co.

Pfizer Inc.

Sanofi

Sigma-Aldrich Co.

SRS Pharmaceuticals Pvt. Ltd.

Sun Pharmaceutical Industries Ltd.